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Marimaca Copper (Marimaca Copper) Cyclically Adjusted PB Ratio : 3.19 (As of Jun. 08, 2024)


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What is Marimaca Copper Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Marimaca Copper's current share price is $2.81. Marimaca Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.88. Marimaca Copper's Cyclically Adjusted PB Ratio for today is 3.19.

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

MARIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.48
Current: 3.33

During the past years, Marimaca Copper's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 0.00. And the median was 0.00.

MARIF's Cyclically Adjusted PB Ratio is ranked worse than
84% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs MARIF: 3.33

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.

Marimaca Copper's adjusted book value per share data for the three months ended in Mar. 2024 was $0.999. 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 $0.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marimaca Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marimaca 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.

Marimaca Copper Cyclically Adjusted PB Ratio Chart

Marimaca Copper Annual Data
Trend Dec14 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 0.57 1.37 1.96 2.08 2.82

Marimaca Copper 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 2.57 3.08 3.18 2.82 2.96

Competitive Comparison of Marimaca Copper's Cyclically Adjusted PB Ratio

For the Copper subindustry, Marimaca 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.


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

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

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



Marimaca 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.81/0.88
=3.19

* 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.

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

For example, Marimaca Copper'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)
=0.999/126.2576*126.2576
=0.999

Current CPI (Mar. 2024) = 126.2576.

Marimaca Copper Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.928 99.473 2.447
201409 1.931 99.394 2.453
201412 0.489 98.367 0.628
201503 0.485 99.789 0.614
201506 0.430 100.500 0.540
201509 0.396 100.421 0.498
201512 0.376 99.947 0.475
201603 0.405 101.054 0.506
201606 0.756 102.002 0.936
201609 0.787 101.765 0.976
201612 0.855 101.449 1.064
201703 0.886 102.634 1.090
201706 1.057 103.029 1.295
201709 1.094 103.345 1.337
201712 0.783 103.345 0.957
201803 0.709 105.004 0.853
201806 0.371 105.557 0.444
201809 0.748 105.636 0.894
201812 0.567 105.399 0.679
201903 0.503 106.979 0.594
201906 0.439 107.690 0.515
201909 0.546 107.611 0.641
201912 0.490 107.769 0.574
202003 0.445 107.927 0.521
202006 0.608 108.401 0.708
202009 0.589 108.164 0.688
202012 0.777 108.559 0.904
202103 1.037 110.298 1.187
202106 1.016 111.720 1.148
202109 0.973 112.905 1.088
202112 0.946 113.774 1.050
202203 0.941 117.646 1.010
202206 0.963 120.806 1.006
202209 0.956 120.648 1.000
202212 0.955 120.964 0.997
202303 0.945 122.702 0.972
202306 0.932 124.203 0.947
202309 1.039 125.230 1.048
202312 1.013 125.072 1.023
202403 0.999 126.258 0.999

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.


Marimaca Copper  (OTCPK:MARIF) 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.


Marimaca Copper Cyclically Adjusted PB Ratio Related Terms

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


Marimaca Copper (Marimaca Copper) Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6
Marimaca Copper Corp is a copper exploration company. The company's flagship asset is the Marimaca Copper Project in Chile's Antofagasta region. It is the only copper discovery globally and is a low-risk project, with substantial exploration potential.

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