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Rainy Mountain Royalty (TSXV:RMO) Cyclically Adjusted PB Ratio : 0.05 (As of Jun. 06, 2024)


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What is Rainy Mountain Royalty Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Rainy Mountain Royalty's current share price is C$0.05. Rainy Mountain Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$1.00. Rainy Mountain Royalty's Cyclically Adjusted PB Ratio for today is 0.05.

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

TSXV:RMO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.08
Current: 0.05

During the past years, Rainy Mountain Royalty's highest Cyclically Adjusted PB Ratio was 0.08. The lowest was 0.00. And the median was 0.00.

TSXV:RMO's Cyclically Adjusted PB Ratio is ranked better than
95.89% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs TSXV:RMO: 0.05

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.

Rainy Mountain Royalty's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.069. 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 C$1.00 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rainy Mountain Royalty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rainy Mountain Royalty'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.

Rainy Mountain Royalty Cyclically Adjusted PB Ratio Chart

Rainy Mountain Royalty Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.01 0.06 0.06 0.04

Rainy Mountain Royalty 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 0.06 0.04 0.07 0.06 0.10

Competitive Comparison of Rainy Mountain Royalty's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.


Rainy Mountain Royalty's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rainy Mountain Royalty's Cyclically Adjusted PB Ratio falls into.



Rainy Mountain Royalty 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.

Rainy Mountain Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/1
=0.05

* 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.

Rainy Mountain Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Rainy Mountain Royalty'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)
=0.069/125.0724*125.0724
=0.069

Current CPI (Jan. 2024) = 125.0724.

Rainy Mountain Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.667 98.920 4.636
201407 3.642 99.315 4.587
201410 2.559 99.473 3.218
201501 2.220 98.209 2.827
201504 2.054 99.710 2.576
201507 2.017 100.579 2.508
201510 1.963 100.500 2.443
201601 1.922 100.184 2.399
201604 1.025 101.370 1.265
201607 0.983 101.844 1.207
201610 0.757 102.002 0.928
201701 0.695 102.318 0.850
201704 0.774 103.029 0.940
201707 0.723 103.029 0.878
201710 0.691 103.424 0.836
201801 0.648 104.056 0.779
201804 0.621 105.320 0.737
201807 0.604 106.110 0.712
201810 0.589 105.952 0.695
201901 0.578 105.557 0.685
201904 0.364 107.453 0.424
201907 0.352 108.243 0.407
201910 0.334 107.927 0.387
202001 0.315 108.085 0.365
202004 0.293 107.216 0.342
202007 0.280 108.401 0.323
202010 0.264 108.638 0.304
202101 0.162 109.192 0.186
202104 0.159 110.851 0.179
202107 0.155 112.431 0.172
202110 0.152 113.695 0.167
202201 0.148 114.801 0.161
202204 0.153 118.357 0.162
202207 0.150 120.964 0.155
202210 0.139 121.517 0.143
202301 0.079 121.596 0.081
202304 0.076 123.571 0.077
202307 0.075 124.914 0.075
202310 0.072 125.310 0.072
202401 0.069 125.072 0.069

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.


Rainy Mountain Royalty  (TSXV:RMO) 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.


Rainy Mountain Royalty Cyclically Adjusted PB Ratio Related Terms

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


Rainy Mountain Royalty (TSXV:RMO) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.
Executives
Douglas Lawrence Mason Director, Senior Officer

Rainy Mountain Royalty (TSXV:RMO) Headlines

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