GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almonty Industries Inc (FRA:ALI) » Definitions » Cyclically Adjusted PB Ratio

Almonty Industries (FRA:ALI) Cyclically Adjusted PB Ratio : 1.62 (As of May. 26, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Almonty Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Almonty Industries's current share price is €0.4545. Almonty Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.28. Almonty Industries's Cyclically Adjusted PB Ratio for today is 1.62.

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

FRA:ALI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.53   Max: 2.65
Current: 1.68

During the past years, Almonty Industries's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 1.03. And the median was 1.53.

FRA:ALI's Cyclically Adjusted PB Ratio is ranked worse than
67.92% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs FRA:ALI: 1.68

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.

Almonty Industries's adjusted book value per share data for the three months ended in Mar. 2024 was €0.148. 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 €0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Almonty Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Almonty Industries'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.

Almonty Industries Cyclically Adjusted PB Ratio Chart

Almonty Industries Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.34 1.79 1.44 1.28

Almonty Industries Quarterly Data
Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.36 1.32 1.13 1.28 1.48

Competitive Comparison of Almonty Industries's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.


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

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

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



Almonty Industries 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.

Almonty Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4545/0.28
=1.62

* 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.

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

For example, Almonty Industries'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)
=0.148/126.2576*126.2576
=0.148

Current CPI (Mar. 2024) = 126.2576.

Almonty Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.482 98.604 0.617
201406 0.470 99.473 0.597
201409 0.677 99.394 0.860
201412 0.666 98.367 0.855
201503 0.642 99.789 0.812
201506 0.634 100.500 0.796
201509 0.381 100.421 0.479
201512 0.352 99.947 0.445
201603 0.317 101.054 0.396
201606 0.279 102.002 0.345
201609 0.218 101.765 0.270
201612 0.187 101.449 0.233
201703 0.163 102.634 0.201
201706 0.174 103.029 0.213
201709 0.184 103.345 0.225
201712 0.176 103.345 0.215
201803 0.192 105.004 0.231
201806 0.214 105.557 0.256
201809 0.148 105.636 0.177
201812 0.181 105.399 0.217
201903 0.190 106.979 0.224
201906 0.194 107.690 0.227
201909 0.182 107.611 0.214
202003 0.117 107.927 0.137
202006 0.117 108.401 0.136
202009 0.112 108.164 0.131
202012 0.102 108.559 0.119
202103 0.102 110.298 0.117
202106 0.096 111.720 0.108
202109 0.114 112.905 0.127
202112 0.125 113.774 0.139
202203 0.127 117.646 0.136
202206 0.133 120.806 0.139
202209 0.115 120.648 0.120
202212 0.128 120.964 0.134
202303 0.115 122.702 0.118
202306 0.110 124.203 0.112
202309 0.099 125.230 0.100
202312 0.142 125.072 0.143
202403 0.148 126.258 0.148

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.


Almonty Industries  (FRA:ALI) 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.


Almonty Industries Cyclically Adjusted PB Ratio Related Terms

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


Almonty Industries (FRA:ALI) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.

Almonty Industries (FRA:ALI) Headlines

No Headlines