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Casa Minerals (TSXV:CASA) Cyclically Adjusted PB Ratio : (As of Jun. 12, 2024)


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What is Casa Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Casa Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Casa 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.

Casa Minerals Cyclically Adjusted PB Ratio Chart

Casa Minerals 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 - 9.19 6.16 4.07 1.60

Casa Minerals Quarterly Data
Jun19 Sep19 Dec19 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 4.49 2.64 2.67 1.60 -

Competitive Comparison of Casa Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Casa 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.


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

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

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



Casa 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.

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

For example, Casa Minerals'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)
=0.047/126.2576*126.2576
=0.047

Current CPI (Mar. 2024) = 126.2576.

Casa Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.016 99.473 0.020
201409 0.007 99.394 0.009
201412 0.001 98.367 0.001
201503 -0.001 99.789 -0.001
201506 -0.006 100.500 -0.008
201509 -0.009 100.421 -0.011
201512 -0.011 99.947 -0.014
201603 0.025 101.054 0.031
201606 0.028 102.002 0.035
201609 0.027 101.765 0.033
201612 0.003 101.449 0.004
201703 0.025 102.634 0.031
201706 0.019 103.029 0.023
201709 0.017 103.345 0.021
201712 0.020 103.345 0.024
201803 0.018 105.004 0.022
201806 0.016 105.557 0.019
201809 0.037 105.636 0.044
201812 0.032 105.399 0.038
201903 0.030 106.979 0.035
201906 0.037 107.690 0.043
201909 0.035 107.611 0.041
201912 0.033 107.769 0.039
202003 0.032 107.927 0.037
202006 0.030 108.401 0.035
202009 0.029 108.164 0.034
202012 0.028 108.559 0.033
202103 0.026 110.298 0.030
202106 0.057 111.720 0.064
202109 0.058 112.905 0.065
202112 0.057 113.774 0.063
202203 0.057 117.646 0.061
202206 0.055 120.806 0.057
202209 0.053 120.648 0.055
202212 0.052 120.964 0.054
202303 0.050 122.702 0.051
202306 0.050 124.203 0.051
202309 0.049 125.230 0.049
202312 0.049 125.072 0.049
202403 0.047 126.258 0.047

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.


Casa Minerals  (TSXV:CASA) 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.


Casa Minerals Cyclically Adjusted PB Ratio Related Terms

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


Casa Minerals (TSXV:CASA) Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 822, Vancouver, BC, CAN, V6C 1V5
Casa Minerals Inc operates in an exploration business. It is engaged in the exploration and development of mineral properties in North America.

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