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Focus Graphite (Focus Graphite) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 09, 2024)


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What is Focus Graphite Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Focus Graphite's current share price is $0.0927. Focus Graphite's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.97. Focus Graphite's Cyclically Adjusted PB Ratio for today is 0.10.

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

FCSMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.18
Current: 0.1

During the past years, Focus Graphite's highest Cyclically Adjusted PB Ratio was 0.18. The lowest was 0.00. And the median was 0.00.

FCSMF's Cyclically Adjusted PB Ratio is ranked better than
90.35% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs FCSMF: 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.

Focus Graphite's adjusted book value per share data for the three months ended in Mar. 2024 was $0.414. 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 $0.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Focus Graphite Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Focus Graphite'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.

Focus Graphite Cyclically Adjusted PB Ratio Chart

Focus Graphite Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.36 0.07 0.15

Focus Graphite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.26 0.20 0.15 0.12 0.13

Competitive Comparison of Focus Graphite's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Focus Graphite'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.


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

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

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



Focus Graphite 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.

Focus Graphite's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0927/0.97
=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.

Focus Graphite's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Focus Graphite's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.414/126.2576*126.2576
=0.414

Current CPI (Mar. 2024) = 126.2576.

Focus Graphite Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.162 99.473 2.744
201409 2.174 99.394 2.762
201412 2.018 98.367 2.590
201503 1.855 99.789 2.347
201506 1.819 100.500 2.285
201509 1.511 100.421 1.900
201512 1.311 99.947 1.656
201603 1.325 101.054 1.655
201606 1.304 102.002 1.614
201609 1.214 101.765 1.506
201612 1.124 101.449 1.399
201703 1.030 102.634 1.267
201706 0.949 103.029 1.163
201709 0.814 103.345 0.994
201712 0.709 103.345 0.866
201803 0.674 105.004 0.810
201806 0.708 105.557 0.847
201809 0.684 105.636 0.818
201812 0.620 105.399 0.743
201903 0.605 106.979 0.714
201906 0.591 107.690 0.693
201909 0.560 107.611 0.657
201912 0.546 107.769 0.640
202003 0.499 107.927 0.584
202006 0.500 108.401 0.582
202009 0.450 108.164 0.525
202012 0.456 108.559 0.530
202103 0.481 110.298 0.551
202106 0.507 111.720 0.573
202109 0.482 112.905 0.539
202112 0.480 113.774 0.533
202203 0.480 117.646 0.515
202206 0.471 120.806 0.492
202209 0.453 120.648 0.474
202212 0.439 120.964 0.458
202303 0.429 122.702 0.441
202306 0.438 124.203 0.445
202309 0.429 125.230 0.433
202312 0.423 125.072 0.427
202403 0.414 126.258 0.414

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.


Focus Graphite  (OTCPK:FCSMF) 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.


Focus Graphite Cyclically Adjusted PB Ratio Related Terms

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


Focus Graphite (Focus Graphite) Business Description

Traded in Other Exchanges
Address
945 Princess Street, Kingston, ON, CAN, K7L 0E9
Focus Graphite Inc is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral properties in Canada. Its projects include Lac Knife; Lac Tetepisca graphite and Lac Guinecourt graphite property.