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Canada One Mining (FRA:AU31) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


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What is Canada One Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canada One Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Canada One Mining'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.

Canada One Mining Cyclically Adjusted PB Ratio Chart

Canada One Mining Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.20 0.43 2.15 -

Canada One Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.44 191.12 - - -

Competitive Comparison of Canada One Mining's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Canada One Mining'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.


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

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

* The bar in red indicates where Canada One Mining's Cyclically Adjusted PB Ratio falls into.



Canada One Mining 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.

Canada One Mining's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Canada One Mining's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.006/125.0724*125.0724
=-0.006

Current CPI (Jan. 2024) = 125.0724.

Canada One Mining Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.189 98.920 0.239
201407 0.195 99.315 0.246
201410 0.194 99.473 0.244
201501 0.187 98.209 0.238
201504 0.193 99.710 0.242
201507 -0.134 100.579 -0.167
201510 -0.134 100.500 -0.167
201601 -0.129 100.184 -0.161
201604 -0.140 101.370 -0.173
201607 -0.149 101.844 -0.183
201610 -0.150 102.002 -0.184
201701 -0.161 102.318 -0.197
201704 -0.163 103.029 -0.198
201707 -0.001 103.029 -0.001
201710 -0.004 103.424 -0.005
201801 -0.005 104.056 -0.006
201804 -0.003 105.320 -0.004
201807 -0.014 106.110 -0.017
201810 -0.011 105.952 -0.013
201901 -0.013 105.557 -0.015
201904 -0.015 107.453 -0.017
201907 -0.016 108.243 -0.018
201910 -0.018 107.927 -0.021
202001 -0.020 108.085 -0.023
202004 -0.020 107.216 -0.023
202007 -0.020 108.401 -0.023
202010 -0.023 108.638 -0.026
202101 -0.025 109.192 -0.029
202104 -0.027 110.851 -0.030
202107 -0.029 112.431 -0.032
202110 -0.032 113.695 -0.035
202201 -0.031 114.801 -0.034
202204 -0.035 118.357 -0.037
202207 -0.043 120.964 -0.044
202210 -0.044 121.517 -0.045
202301 -0.043 121.596 -0.044
202304 -0.043 123.571 -0.044
202307 -0.024 124.914 -0.024
202310 -0.015 125.310 -0.015
202401 -0.006 125.072 -0.006

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.


Canada One Mining  (FRA:AU31) 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.


Canada One Mining Cyclically Adjusted PB Ratio Related Terms

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Canada One Mining (FRA:AU31) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Canada One Mining Corp operates as a mineral exploration company. Its flagship project is the Copper Dome project, a 100%-owned project located adjacent to Copper Mountain Mine in BC.

Canada One Mining (FRA:AU31) Headlines

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