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Faraday Copper (Faraday Copper) Cyclically Adjusted PB Ratio : 4.45 (As of Jun. 11, 2024)


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What is Faraday Copper Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Faraday Copper's current share price is $0.578. Faraday Copper's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.13. Faraday Copper's Cyclically Adjusted PB Ratio for today is 4.45.

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

CPPKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.7
Current: 4.58

During the past years, Faraday Copper's highest Cyclically Adjusted PB Ratio was 4.70. The lowest was 0.00. And the median was 0.00.

CPPKF's Cyclically Adjusted PB Ratio is ranked worse than
88.87% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs CPPKF: 4.58

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.

Faraday Copper's adjusted book value per share data for the three months ended in Dec. 2023 was $0.144. 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 $0.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Faraday Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Faraday Copper'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.

Faraday Copper Cyclically Adjusted PB Ratio Chart

Faraday Copper Annual Data
Trend Jun14 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 1.29 1.65 6.04 3.66 3.61

Faraday Copper 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 3.66 5.39 4.65 4.12 3.61

Competitive Comparison of Faraday Copper's Cyclically Adjusted PB Ratio

For the Copper subindustry, Faraday Copper'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.


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

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

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



Faraday Copper 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.

Faraday Copper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.578/0.13
=4.45

* 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.

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

For example, Faraday Copper'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)
=0.144/125.0724*125.0724
=0.144

Current CPI (Dec. 2023) = 125.0724.

Faraday Copper Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.001 98.604 0.001
201406 -0.003 99.473 -0.004
201409 -0.006 99.394 -0.008
201412 0.333 98.367 0.423
201503 0.322 99.789 0.404
201506 0.323 100.500 0.402
201509 0.120 100.421 0.149
201512 0.099 99.947 0.124
201603 0.100 101.054 0.124
201606 0.099 102.002 0.121
201609 0.094 101.765 0.116
201612 0.093 101.449 0.115
201703 0.089 102.634 0.108
201706 0.112 103.029 0.136
201709 0.125 103.345 0.151
201712 0.121 103.345 0.146
201803 0.117 105.004 0.139
201806 0.119 105.557 0.141
201809 0.136 105.636 0.161
201812 0.132 105.399 0.157
201903 0.132 106.979 0.154
201906 0.131 107.690 0.152
201909 0.130 107.611 0.151
201912 0.049 107.769 0.057
202003 0.053 107.927 0.061
202006 0.052 108.401 0.060
202009 0.049 108.164 0.057
202012 0.049 108.559 0.056
202103 0.058 110.298 0.066
202106 0.057 111.720 0.064
202109 0.089 112.905 0.099
202112 0.071 113.774 0.078
202203 0.083 117.646 0.088
202206 0.184 120.806 0.190
202209 0.181 120.648 0.188
202212 0.080 120.964 0.083
202303 0.195 122.702 0.199
202306 0.174 124.203 0.175
202309 0.165 125.230 0.165
202312 0.144 125.072 0.144

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.


Faraday Copper  (OTCPK:CPPKF) 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.


Faraday Copper Cyclically Adjusted PB Ratio Related Terms

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


Faraday Copper (Faraday Copper) Business Description

Traded in Other Exchanges
Address
250 - 200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
Faraday Copper Corp is engaged in the acquisition and development of mineral properties. The company is focused on advancing its flagship copper project in Arizona, The Copper Creek project is one of the undeveloped copper projects in North America with open pit and bulk underground mining potential.