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Full Metal Minerals (Full Metal Minerals) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Full Metal Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Full Metal Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Full Metal Minerals'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.

Full Metal Minerals Cyclically Adjusted PB Ratio Chart

Full Metal Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.13 9.95 - -

Full Metal Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Full Metal Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Full Metal Minerals'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.


Full Metal Minerals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Full Metal Minerals's Cyclically Adjusted PB Ratio falls into.



Full Metal Minerals 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.

Full Metal Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Full Metal Minerals's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.008/125.4675*125.4675
=-0.008

Current CPI (Feb. 2024) = 125.4675.

Full Metal Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.035 99.394 0.044
201408 0.028 99.315 0.035
201411 0.029 99.078 0.037
201502 0.005 99.078 0.006
201505 0.003 100.263 0.004
201508 -0.007 100.579 -0.009
201511 -0.021 100.421 -0.026
201602 -0.027 100.421 -0.034
201605 -0.038 101.765 -0.047
201608 -0.047 101.686 -0.058
201611 -0.057 101.607 -0.070
201702 -0.069 102.476 -0.084
201705 -0.075 103.108 -0.091
201708 -0.092 103.108 -0.112
201711 -0.104 103.740 -0.126
201802 -0.118 104.688 -0.141
201805 -0.130 105.399 -0.155
201808 -0.142 106.031 -0.168
201811 -0.128 105.478 -0.152
201902 -0.135 106.268 -0.159
201905 -0.144 107.927 -0.167
201908 -0.154 108.085 -0.179
201911 -0.165 107.769 -0.192
202002 0.000 108.559 0.000
202005 -0.193 107.532 -0.225
202008 -0.212 108.243 -0.246
202011 -0.147 108.796 -0.170
202102 -0.145 109.745 -0.166
202105 0.011 111.404 0.012
202108 0.009 112.668 0.010
202111 0.006 113.932 0.007
202202 0.004 115.986 0.004
202205 0.002 120.016 0.002
202208 0.001 120.569 0.001
202211 -0.001 121.675 -0.001
202302 -0.002 122.070 -0.002
202305 -0.004 124.045 -0.004
202308 -0.005 125.389 -0.005
202311 -0.006 125.468 -0.006
202402 -0.008 125.468 -0.008

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.


Full Metal Minerals  (OTCPK:FLMTF) 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.


Full Metal Minerals Cyclically Adjusted PB Ratio Related Terms

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Full Metal Minerals (Full Metal Minerals) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Full Metal Minerals Ltd is a Canada-based mineral exploration company. The company is engaged in the acquisition, exploration, and development of resource properties. The firm operates in one segment which is mineral property acquisition and exploration, while all assets are located in Canada.

Full Metal Minerals (Full Metal Minerals) Headlines

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