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Pathfinder Minerals (LSE:PFP) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Pathfinder Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pathfinder Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pathfinder Minerals'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.

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Pathfinder Minerals Cyclically Adjusted PB Ratio Chart

Pathfinder Minerals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Pathfinder Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Pathfinder Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Pathfinder Minerals'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.


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

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

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



Pathfinder Minerals 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.

Pathfinder Minerals's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Pathfinder Minerals's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0/125.3000*125.3000
=0.000

Current CPI (Dec22) = 125.3000.

Pathfinder Minerals Annual Data

Book Value per Share CPI Adj_Book
201312 0.021 99.200 0.027
201412 0.011 99.900 0.014
201512 0.000 100.400 0.000
201612 0.000 102.200 0.000
201712 0.000 105.000 0.000
201812 -0.001 107.100 -0.001
201912 0.000 108.500 0.000
202012 0.000 109.400 0.000
202112 0.000 114.700 0.000
202212 0.000 125.300 0.000

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.


Pathfinder Minerals  (LSE:PFP) 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.


Pathfinder Minerals Cyclically Adjusted PB Ratio Related Terms

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Pathfinder Minerals (LSE:PFP) Business Description

Traded in Other Exchanges
N/A
Address
35 Berkeley Square, London, GBR, W1J 5BF
Pathfinder Minerals PLC is a natural resources company, seeking to mine heavy mineral sands in countries that include Mozambique and Cameroon, and pursue opportunities in battery metals projects in countries including Zimbabwe, Madagascar, and Malawi. The firm has a license to mine land on the Indian Ocean coast of Zambezia province of Mozambique. It is looking for heavy minerals such as ilmenite, rutile, and zircon, which are used in the manufacture of products across the industrial sectors.

Pathfinder Minerals (LSE:PFP) Headlines

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