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Cruz Battery Metals (XCNQ:CRUZ) Cyclically Adjusted PB Ratio : 4.00 (As of Jun. 15, 2024)


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What is Cruz Battery Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Cruz Battery Metals's current share price is C$0.04. Cruz Battery Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.01. Cruz Battery Metals's Cyclically Adjusted PB Ratio for today is 4.00.

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

XCNQ:CRUZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 24.61
Current: 4.77

During the past years, Cruz Battery Metals's highest Cyclically Adjusted PB Ratio was 24.61. The lowest was 0.00. And the median was 0.00.

XCNQ:CRUZ's Cyclically Adjusted PB Ratio is ranked worse than
89.22% of 1633 companies
in the Metals & Mining industry
Industry Median: 0.84 vs XCNQ:CRUZ: 4.77

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.

Cruz Battery Metals's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.032. 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$0.01 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cruz Battery Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cruz Battery Metals'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.

Cruz Battery Metals Cyclically Adjusted PB Ratio Chart

Cruz Battery Metals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.22 0.71 4.81 21.33

Cruz Battery Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 21.73 31.17 21.33 8.87 4.17

Competitive Comparison of Cruz Battery Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Cruz Battery Metals'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.


Cruz Battery Metals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cruz Battery Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cruz Battery Metals's Cyclically Adjusted PB Ratio falls into.



Cruz Battery Metals 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.

Cruz Battery Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.01
=4.00

* 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.

Cruz Battery Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Cruz Battery Metals's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.032/125.0724*125.0724
=0.032

Current CPI (Jan. 2024) = 125.0724.

Cruz Battery Metals Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.083 98.920 -0.105
201407 -0.105 99.315 -0.132
201410 -0.126 99.473 -0.158
201501 -0.045 98.209 -0.057
201504 -0.069 99.710 -0.087
201507 -0.087 100.579 -0.108
201510 -0.096 100.500 -0.119
201601 -0.090 100.184 -0.112
201604 -0.094 101.370 -0.116
201607 -0.071 101.844 -0.087
201610 0.027 102.002 0.033
201701 0.027 102.318 0.033
201704 0.051 103.029 0.062
201707 0.052 103.029 0.063
201710 0.056 103.424 0.068
201801 0.071 104.056 0.085
201804 0.070 105.320 0.083
201807 0.061 106.110 0.072
201810 0.059 105.952 0.070
201901 0.057 105.557 0.068
201904 0.054 107.453 0.063
201907 0.042 108.243 0.049
201910 0.041 107.927 0.048
202001 0.039 108.085 0.045
202004 0.037 107.216 0.043
202007 0.034 108.401 0.039
202010 0.035 108.638 0.040
202101 0.034 109.192 0.039
202104 0.031 110.851 0.035
202107 0.034 112.431 0.038
202110 0.033 113.695 0.036
202201 0.032 114.801 0.035
202204 0.029 118.357 0.031
202207 0.025 120.964 0.026
202210 0.040 121.517 0.041
202301 0.038 121.596 0.039
202304 0.036 123.571 0.036
202307 0.034 124.914 0.034
202310 0.033 125.310 0.033
202401 0.032 125.072 0.032

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.


Cruz Battery Metals  (XCNQ:CRUZ) 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.


Cruz Battery Metals Cyclically Adjusted PB Ratio Related Terms

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


Cruz Battery Metals (XCNQ:CRUZ) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y1K8
Cruz Battery Metals Corp is an exploration company. Its principal business activities include acquiring and developing high-quality battery metals projects in ethical mining jurisdictions, essential for the rechargeable battery and renewable energy sectors. The projects of the company include War Eagle Cobalt, Diamond Project, Hector Cobalt Prospect, Other Cobalt Prospects, Yukon Quartz Claims, Idaho Cobal Belt Project, Idaho Star Cobalt Prospect, Nevada Clayton Valley W. Lithium Property, and Nevada Solar Lithium Project. The company operates in USA and Canada.

Cruz Battery Metals (XCNQ:CRUZ) Headlines