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Chibougamau Independent Mines (Chibougamau Independent Mines) Cyclically Adjusted PB Ratio : 2.50 (As of May. 26, 2024)


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What is Chibougamau Independent Mines Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Chibougamau Independent Mines's current share price is $0.10. Chibougamau Independent Mines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.04. Chibougamau Independent Mines's Cyclically Adjusted PB Ratio for today is 2.50.

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

CMAUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.5   Max: 2.8
Current: 2.67

During the past years, Chibougamau Independent Mines's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.71. And the median was 1.50.

CMAUF's Cyclically Adjusted PB Ratio is ranked worse than
77.75% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs CMAUF: 2.67

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.

Chibougamau Independent Mines's adjusted book value per share data for the three months ended in Dec. 2023 was $0.007. 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 $0.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chibougamau Independent Mines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chibougamau Independent Mines'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.

Chibougamau Independent Mines Cyclically Adjusted PB Ratio Chart

Chibougamau Independent Mines 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 - - 2.25 0.81 2.47

Chibougamau Independent Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.81 1.65 1.31 1.72 2.47

Competitive Comparison of Chibougamau Independent Mines's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Chibougamau Independent Mines'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.


Chibougamau Independent Mines's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Chibougamau Independent Mines's Cyclically Adjusted PB Ratio falls into.



Chibougamau Independent Mines 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.

Chibougamau Independent Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.10/0.04
=2.50

* 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.

Chibougamau Independent Mines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chibougamau Independent Mines's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.007/125.0724*125.0724
=0.007

Current CPI (Dec. 2023) = 125.0724.

Chibougamau Independent Mines Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.283 98.604 0.359
201406 0.286 99.473 0.360
201409 0.276 99.394 0.347
201412 0.067 98.367 0.085
201503 0.062 99.789 0.078
201506 0.059 100.500 0.073
201509 0.053 100.421 0.066
201512 -0.003 99.947 -0.004
201603 0.004 101.054 0.005
201606 0.016 102.002 0.020
201609 0.015 101.765 0.018
201612 0.015 101.449 0.018
201703 0.024 102.634 0.029
201706 0.022 103.029 0.027
201709 0.021 103.345 0.025
201712 0.009 103.345 0.011
201803 0.007 105.004 0.008
201806 0.007 105.557 0.008
201809 0.008 105.636 0.009
201812 0.008 105.399 0.009
201903 0.005 106.979 0.006
201906 0.014 107.690 0.016
201909 0.009 107.611 0.010
201912 0.006 107.769 0.007
202003 0.003 107.927 0.003
202006 0.003 108.401 0.003
202009 0.003 108.164 0.003
202012 0.015 108.559 0.017
202103 0.014 110.298 0.016
202106 0.014 111.720 0.016
202109 0.012 112.905 0.013
202112 0.011 113.774 0.012
202203 0.010 117.646 0.011
202206 0.008 120.806 0.008
202209 0.006 120.648 0.006
202212 0.006 120.964 0.006
202303 0.006 122.702 0.006
202306 0.005 124.203 0.005
202309 0.011 125.230 0.011
202312 0.007 125.072 0.007

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.


Chibougamau Independent Mines  (OTCPK:CMAUF) 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.


Chibougamau Independent Mines Cyclically Adjusted PB Ratio Related Terms

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Chibougamau Independent Mines (Chibougamau Independent Mines) Business Description

Traded in Other Exchanges
Address
86, 14th Street, Rouyn-Noranda, QC, CAN, J9X 2J1
Chibougamau Independent Mines Inc is a natural resources exploration company. It is focused on reviving production in the Chibougamau gold-copper mining camp. It owns an interest in several exploration properties including Berrigan South and Berrigan Mine, Bateman Bay, Grandroy, Kokko Creek, Lac Simon, and others.

Chibougamau Independent Mines (Chibougamau Independent Mines) Headlines

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