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Cypher Metaverse (XCNQ:CODE) Cyclically Adjusted PB Ratio : 0.10 (As of May. 21, 2024)


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What is Cypher Metaverse Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Cypher Metaverse's current share price is C$0.11. Cypher Metaverse's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$1.07. Cypher Metaverse's Cyclically Adjusted PB Ratio for today is 0.10.

The historical rank and industry rank for Cypher Metaverse's Cyclically Adjusted PB Ratio or its related term are showing as below:

XCNQ:CODE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.29
Current: 0.1

During the past years, Cypher Metaverse's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.08. And the median was 0.10.

XCNQ:CODE's Cyclically Adjusted PB Ratio is not ranked
in the Capital Markets industry.
Industry Median: 1.18 vs XCNQ:CODE: 0.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Cypher Metaverse's adjusted book value per share data for the three months ended in Dec. 2023 was C$0.048. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$1.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cypher Metaverse Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cypher Metaverse's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cypher Metaverse Cyclically Adjusted PB Ratio Chart

Cypher Metaverse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.09 0.10

Cypher Metaverse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.10 0.09 0.10 0.10

Competitive Comparison of Cypher Metaverse's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Cypher Metaverse's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cypher Metaverse's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cypher Metaverse's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cypher Metaverse's Cyclically Adjusted PB Ratio falls into.



Cypher Metaverse Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cypher Metaverse's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.11/1.07
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cypher Metaverse's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cypher Metaverse's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.048/125.0724*125.0724
=0.048

Current CPI (Dec. 2023) = 125.0724.

Cypher Metaverse Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.909 98.604 2.421
201406 1.578 99.473 1.984
201409 1.268 99.394 1.596
201412 0.974 98.367 1.238
201503 0.923 99.789 1.157
201506 0.661 100.500 0.823
201509 0.383 100.421 0.477
201512 0.143 99.947 0.179
201603 0.033 101.054 0.041
201606 -0.045 102.002 -0.055
201609 -0.047 101.765 -0.058
201612 1.232 101.449 1.519
201703 1.139 102.634 1.388
201706 1.512 103.029 1.836
201709 1.705 103.345 2.063
201712 2.023 103.345 2.448
201803 2.977 105.004 3.546
201806 2.657 105.557 3.148
201809 2.352 105.636 2.785
201812 1.806 105.399 2.143
201903 1.541 106.979 1.802
201906 1.213 107.690 1.409
201909 1.310 107.611 1.523
201912 0.638 107.769 0.740
202003 0.688 107.927 0.797
202006 0.694 108.401 0.801
202009 0.552 108.164 0.638
202012 0.372 108.559 0.429
202103 0.795 110.298 0.901
202106 0.774 111.720 0.867
202109 0.664 112.905 0.736
202112 0.321 113.774 0.353
202203 0.285 117.646 0.303
202206 0.216 120.806 0.224
202209 0.174 120.648 0.180
202212 0.141 120.964 0.146
202303 0.119 122.702 0.121
202306 0.091 124.203 0.092
202309 0.062 125.230 0.062
202312 0.048 125.072 0.048

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cypher Metaverse  (XCNQ:CODE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cypher Metaverse Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cypher Metaverse's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cypher Metaverse (XCNQ:CODE) Business Description

Traded in Other Exchanges
N/A
Address
1780-355 Burrard Street, Vancouver, BC, CAN, V6C 2C8
Cypher Metaverse Inc is a diversified investment company that holds cryptocurrencies and Non-Fungible Tokens. The Company is also involved in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the bitcoin blockchain. The Company receives bitcoin in return for successful service.

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