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Giyani Metals (Giyani Metals) Cyclically Adjusted PB Ratio : 1.11 (As of Apr. 28, 2024)


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What is Giyani Metals Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Giyani Metals's current share price is $0.06634. Giyani Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.06. Giyani Metals's Cyclically Adjusted PB Ratio for today is 1.11.

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

CATPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.2
Current: 1.14

During the past years, Giyani Metals's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 0.00. And the median was 0.00.

CATPF's Cyclically Adjusted PB Ratio is ranked worse than
58.39% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs CATPF: 1.14

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.

Giyani Metals's adjusted book value per share data for the three months ended in Dec. 2023 was $0.072. 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 $0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giyani Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Giyani 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.

Giyani Metals Cyclically Adjusted PB Ratio Chart

Giyani Metals 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 1.52 4.22 3.84 1.58 1.53

Giyani Metals 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 1.58 2.31 1.49 2.27 1.53

Competitive Comparison of Giyani Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Giyani 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.


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

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

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



Giyani 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06634/0.06
=1.11

* 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.

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

For example, Giyani Metals'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)
=0.072/125.4675*125.4675
=0.072

Current CPI (Dec. 2023) = 125.4675.

Giyani Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.143 98.604 0.182
201406 0.148 99.473 0.187
201409 0.143 99.394 0.181
201412 0.128 98.367 0.163
201503 0.116 99.789 0.146
201506 0.102 100.500 0.127
201509 0.091 100.421 0.114
201512 -0.011 99.947 -0.014
201603 -0.014 101.054 -0.017
201606 -0.013 102.002 -0.016
201609 -0.009 101.765 -0.011
201612 -0.002 101.449 -0.002
201703 0.008 102.634 0.010
201706 0.008 103.029 0.010
201709 0.018 103.345 0.022
201712 0.018 103.345 0.022
201803 0.032 105.004 0.038
201806 0.027 105.557 0.032
201809 0.023 105.636 0.027
201812 0.018 105.399 0.021
201903 0.015 106.979 0.018
201906 0.014 107.690 0.016
201909 0.017 107.611 0.020
201912 0.009 107.769 0.010
202003 0.006 107.927 0.007
202006 0.013 108.401 0.015
202009 0.018 108.164 0.021
202012 0.045 108.559 0.052
202103 0.088 110.298 0.100
202106 0.086 111.720 0.097
202109 0.079 112.905 0.088
202112 0.106 113.774 0.117
202203 0.102 117.646 0.109
202206 0.106 120.806 0.110
202209 0.097 120.648 0.101
202212 0.095 120.964 0.099
202303 0.088 122.702 0.090
202306 0.085 124.203 0.086
202309 0.080 125.230 0.080
202312 0.072 125.468 0.072

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.


Giyani Metals  (OTCPK:CATPF) 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.


Giyani Metals Cyclically Adjusted PB Ratio Related Terms

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


Giyani Metals (Giyani Metals) Business Description

Traded in Other Exchanges
Address
2010 Winston Park Drive, 2nd Floor, Oakville, ON, CAN, L6H 5R7
Giyani Metals Corp is a Canadian battery metals company. Through its subsidiary in Botswana, the company is engaged in the advancement of its manganese prospects within the Kanye Basin in southeastern Botswana, Africa. Its Kanye Basin Prospects include the K.Hill Project, as well as Otse and Lobatse. It is engaged in the business segments of the exploration, evaluation, and development of manganese and precious metal mining projects located in Botswana and South Africa.

Giyani Metals (Giyani Metals) Headlines