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West Vault Mining (TSXV:WVM) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 09, 2024)


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What is West Vault Mining Cyclically Adjusted PB Ratio?

As of today (2024-06-09), West Vault Mining's current share price is C$1.05. West Vault Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.22. West Vault Mining's Cyclically Adjusted PB Ratio for today is 0.86.

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

TSXV:WVM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.88
Current: 0.86

During the past years, West Vault Mining's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.00. And the median was 0.00.

TSXV:WVM's Cyclically Adjusted PB Ratio is ranked better than
50.34% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSXV:WVM: 0.86

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.

West Vault Mining's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.711. 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$1.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Vault Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for West Vault 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.

West Vault Mining Cyclically Adjusted PB Ratio Chart

West Vault Mining 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 0.27 0.81 0.66 0.65 0.77

West Vault Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.65 0.74 0.67 0.77 0.85

Competitive Comparison of West Vault Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, West Vault 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.


West Vault Mining's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



West Vault 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.

West Vault Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.05/1.22
=0.86

* 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.

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

For example, West Vault Mining'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)
=0.711/126.2576*126.2576
=0.711

Current CPI (Mar. 2024) = 126.2576.

West Vault Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.254 98.604 1.606
201406 1.305 99.473 1.656
201409 1.228 99.394 1.560
201412 1.195 98.367 1.534
201503 1.282 99.789 1.622
201506 1.251 100.500 1.572
201509 1.326 100.421 1.667
201512 1.329 99.947 1.679
201603 1.241 101.054 1.551
201606 1.228 102.002 1.520
201609 1.239 101.765 1.537
201612 1.249 101.449 1.554
201703 1.229 102.634 1.512
201706 1.196 103.029 1.466
201709 1.118 103.345 1.366
201712 1.120 103.345 1.368
201803 1.113 105.004 1.338
201806 1.132 105.557 1.354
201809 1.110 105.636 1.327
201812 1.098 105.399 1.315
201903 1.075 106.979 1.269
201906 1.050 107.690 1.231
201909 1.035 107.611 1.214
201912 1.010 107.769 1.183
202003 1.081 107.927 1.265
202006 1.037 108.401 1.208
202009 0.813 108.164 0.949
202012 0.767 108.559 0.892
202103 0.748 110.298 0.856
202106 0.729 111.720 0.824
202109 0.740 112.905 0.828
202112 0.729 113.774 0.809
202203 0.713 117.646 0.765
202206 0.727 120.806 0.760
202209 0.766 120.648 0.802
202212 0.749 120.964 0.782
202303 0.741 122.702 0.762
202309 0.724 125.230 0.730
202312 0.702 125.072 0.709
202403 0.711 126.258 0.711

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.


West Vault Mining  (TSXV:WVM) 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.


West Vault Mining Cyclically Adjusted PB Ratio Related Terms

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


West Vault Mining (TSXV:WVM) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6
West Vault Mining Inc is a Canada-based exploration and development company working on mineral properties. The Company has precious metals mineral position in the Walker Lane gold trend in Southern Nevada. The company's asset is the Hasbrouck Project, which is located between Reno and Las Vegas, near the town of Tonopah, Nevada and it consists of approximately two deposits, the Hasbrouck deposit, and the Three Hills properties.
Executives
Sandy Mcvey Senior Officer

West Vault Mining (TSXV:WVM) Headlines

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