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Benz Mining (Benz Mining) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 08, 2024)


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What is Benz Mining Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Benz Mining's current share price is $0.117. Benz Mining's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.20. Benz Mining's Cyclically Adjusted PB Ratio for today is 0.59.

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

BENZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.16
Current: 0.51

During the past years, Benz Mining's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.00. And the median was 0.00.

BENZF's Cyclically Adjusted PB Ratio is ranked better than
63.23% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs BENZF: 0.51

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.

Benz Mining's adjusted book value per share data for the three months ended in Jan. 2024 was $0.034. 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 $0.20 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benz Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Benz 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.

Benz Mining Cyclically Adjusted PB Ratio Chart

Benz Mining 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 - - - 2.00 0.86

Benz 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 1.61 0.86 1.11 1.09 0.70

Competitive Comparison of Benz Mining's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Benz 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.


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

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

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



Benz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.117/0.2
=0.59

* 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.

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

For example, Benz 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)
=0.034/125.0724*125.0724
=0.034

Current CPI (Jan. 2024) = 125.0724.

Benz Mining Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.397 98.920 0.502
201407 0.370 99.315 0.466
201410 0.267 99.473 0.336
201501 1.494 98.209 1.903
201504 1.235 99.710 1.549
201507 1.167 100.579 1.451
201510 1.139 100.500 1.417
201601 -0.018 100.184 -0.022
201604 -0.003 101.370 -0.004
201607 0.003 101.844 0.004
201610 -0.001 102.002 -0.001
201701 -0.066 102.318 -0.081
201704 0.038 103.029 0.046
201707 0.040 103.029 0.049
201710 0.074 103.424 0.089
201801 0.064 104.056 0.077
201804 0.054 105.320 0.064
201807 0.048 106.110 0.057
201810 0.044 105.952 0.052
201901 0.039 105.557 0.046
201904 0.035 107.453 0.041
201907 0.032 108.243 0.037
201910 0.027 107.927 0.031
202001 0.017 108.085 0.020
202004 0.031 107.216 0.036
202007 0.064 108.401 0.074
202010 0.146 108.638 0.168
202101 0.140 109.192 0.160
202104 0.086 110.851 0.097
202107 0.058 112.431 0.065
202110 0.075 113.695 0.083
202201 0.053 114.801 0.058
202204 0.025 118.357 0.026
202207 0.016 120.964 0.017
202210 0.046 121.517 0.047
202301 0.043 121.596 0.044
202304 0.041 123.571 0.041
202307 0.041 124.914 0.041
202310 0.035 125.310 0.035
202401 0.034 125.072 0.034

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.


Benz Mining  (OTCPK:BENZF) 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.


Benz Mining Cyclically Adjusted PB Ratio Related Terms

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


Benz Mining (Benz Mining) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Benz Mining Corp is a Canada-based gold exploration company. The company is engaged in the acquisition, exploration, and exploitation of mineral properties in the Americas. It acquires 100% of the Eastmain Gold Mine Project, a resource stage Au-Ag-Cu deposit in the James Bay Region, Quebec.