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Mega Uranium (Mega Uranium) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 10, 2024)


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What is Mega Uranium Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Mega Uranium's current share price is $0.26375. Mega Uranium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.22. Mega Uranium's Cyclically Adjusted PB Ratio for today is 1.20.

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

MGAFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.86
Current: 1.24

During the past years, Mega Uranium's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.00. And the median was 0.00.

MGAFF's Cyclically Adjusted PB Ratio is ranked better than
59.29% of 140 companies
in the Other Energy Sources industry
Industry Median: 1.55 vs MGAFF: 1.24

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.

Mega Uranium's adjusted book value per share data for the three months ended in Mar. 2024 was $0.429. 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 $0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mega Uranium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mega Uranium'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.

Mega Uranium Cyclically Adjusted PB Ratio Chart

Mega Uranium 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 0.17 0.39 0.90 0.77 1.25

Mega Uranium 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 0.72 0.71 1.25 1.44 1.18

Competitive Comparison of Mega Uranium's Cyclically Adjusted PB Ratio

For the Uranium subindustry, Mega Uranium'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.


Mega Uranium's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mega Uranium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mega Uranium 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.

Mega Uranium's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26375/0.22
=1.20

* 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.

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

For example, Mega Uranium'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)
=0.429/126.2576*126.2576
=0.429

Current CPI (Mar. 2024) = 126.2576.

Mega Uranium Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.216 99.473 0.274
201409 0.143 99.394 0.182
201412 0.169 98.367 0.217
201503 0.141 99.789 0.178
201506 0.168 100.500 0.211
201509 0.087 100.421 0.109
201512 0.132 99.947 0.167
201603 0.191 101.054 0.239
201606 0.235 102.002 0.291
201609 0.154 101.765 0.191
201612 0.165 101.449 0.205
201703 0.205 102.634 0.252
201706 0.185 103.029 0.227
201709 0.197 103.345 0.241
201712 0.210 103.345 0.257
201803 0.153 105.004 0.184
201806 0.148 105.557 0.177
201809 0.156 105.636 0.186
201812 0.136 105.399 0.163
201903 0.125 106.979 0.148
201906 0.125 107.690 0.147
201909 0.102 107.611 0.120
201912 0.091 107.769 0.107
202003 0.053 107.927 0.062
202006 0.089 108.401 0.104
202009 0.117 108.164 0.137
202012 0.179 108.559 0.208
202103 0.247 110.298 0.283
202106 0.272 111.720 0.307
202109 0.310 112.905 0.347
202112 0.284 113.774 0.315
202203 0.355 117.646 0.381
202206 0.229 120.806 0.239
202209 0.241 120.648 0.252
202212 0.268 120.964 0.280
202303 0.230 122.702 0.237
202306 0.276 124.203 0.281
202309 0.355 125.230 0.358
202312 0.388 125.072 0.392
202403 0.429 126.258 0.429

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.


Mega Uranium  (OTCPK:MGAFF) 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.


Mega Uranium Cyclically Adjusted PB Ratio Related Terms

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


Mega Uranium (Mega Uranium) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Mega Uranium Ltd is a Canada-based exploration stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include Ben Lomond, Georgetown, and Kintyre in Australia. Geographically, it operates in Canada and Australia.

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