Almonty Industries (Almonty Industries) Cyclically Adjusted PB Ratio : 1.62 (As of May. 27, 2024)

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What is Almonty Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Almonty Industries's current share price is $0.50087. Almonty Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.31. Almonty Industries's Cyclically Adjusted PB Ratio for today is 1.62.

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

ALMTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.53 Max: 2.65
Current: 1.68

During the past years, Almonty Industries's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 1.03. And the median was 1.53.

ALMTF's Cyclically Adjusted PB Ratio is ranked worse than
67.35% of 1617 companies
in the Metals & Mining industry
Industry Median: 0.88 vs ALMTF: 1.68

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.

Almonty Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $0.161. 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 $0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Almonty Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Almonty Industries'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.

Almonty Industries Cyclically Adjusted PB Ratio Chart

Almonty Industries Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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1.34

1.79

1.44

1.28

Almonty Industries Quarterly Data
	Mar19	Jun19	Sep19	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															1.36	1.32	1.13	1.28	1.48

Competitive Comparison of Almonty Industries's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.

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

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

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

Almonty Industries 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.

Almonty Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.50087	/	0.31
	=	1.62

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

For example, Almonty Industries'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)
	=	0.161	/	126.2576	*	126.2576
	=	0.161

Current CPI (Mar. 2024) = 126.2576.

Almonty Industries Quarterly Data

	Book Value per Share	CPI	Adj_Book
201403	0.667	98.604	0.854
201406	0.638	99.473	0.810
201409	0.872	99.394	1.108
201412	0.821	98.367	1.054
201503	0.694	99.789	0.878
201506	0.712	100.500	0.894
201509	0.427	100.421	0.537
201512	0.383	99.947	0.484
201603	0.353	101.054	0.441
201606	0.314	102.002	0.389
201609	0.245	101.765	0.304
201612	0.197	101.449	0.245
201703	0.174	102.634	0.214
201706	0.196	103.029	0.240
201709	0.219	103.345	0.268
201712	0.209	103.345	0.255
201803	0.236	105.004	0.284
201806	0.250	105.557	0.299
201809	0.173	105.636	0.207
201812	0.206	105.399	0.247
201903	0.214	106.979	0.253
201906	0.219	107.690	0.257
201909	0.201	107.611	0.236
202003	0.130	107.927	0.152
202006	0.132	108.401	0.154
202009	0.131	108.164	0.153
202012	0.124	108.559	0.144
202103	0.122	110.298	0.140
202106	0.115	111.720	0.130
202109	0.135	112.905	0.151
202112	0.141	113.774	0.156
202203	0.139	117.646	0.149
202206	0.141	120.806	0.147
202209	0.114	120.648	0.119
202212	0.135	120.964	0.141
202303	0.123	122.702	0.127
202306	0.119	124.203	0.121
202309	0.105	125.230	0.106
202312	0.155	125.072	0.156
202403	0.161	126.258	0.161

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.

Almonty Industries (OTCPK:ALMTF) 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.

Almonty Industries Cyclically Adjusted PB Ratio Related Terms

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

Almonty Industries (Almonty Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almonty Industries Inc (OTCPK:ALMTF) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

1MR:Germany AII:Canada AII:Australia

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.almonty.com

Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.