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Whetstone Minerals (Whetstone Minerals) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Whetstone Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Whetstone Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Whetstone 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.

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Whetstone Minerals Cyclically Adjusted PB Ratio Chart

Whetstone Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Whetstone Minerals Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of Whetstone Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Whetstone 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.


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

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

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



Whetstone 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.

Whetstone Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, Whetstone Minerals's adjusted Book Value per Share data for the three months ended in Jun. 2014 was:

Adj_Book=Book Value per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=0.009/100.5595*100.5595
=0.009

Current CPI (Jun. 2014) = 100.5595.

Whetstone Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200409 0.067 80.121 0.084
200412 0.073 80.290 0.091
200503 0.074 81.555 0.091
200506 0.068 82.062 0.083
200509 0.076 83.876 0.091
200512 0.062 83.032 0.075
200603 0.000 84.298 0.000
200606 0.073 85.606 0.086
200609 0.070 85.606 0.082
200612 0.080 85.142 0.094
200703 0.088 86.640 0.102
200706 0.090 87.906 0.103
200709 0.092 87.964 0.105
200712 0.099 88.616 0.112
200803 0.114 90.090 0.127
200806 0.126 92.320 0.137
200809 0.117 92.307 0.127
200812 0.373 88.697 0.423
200903 0.224 89.744 0.251
200906 0.244 91.003 0.270
200909 0.265 91.120 0.292
200912 0.194 91.111 0.214
201003 0.198 91.821 0.217
201006 0.191 91.962 0.209
201009 0.195 92.162 0.213
201012 -0.003 92.474 -0.003
201103 -0.005 94.283 -0.005
201106 0.046 95.235 0.049
201109 0.035 95.727 0.037
201112 0.035 95.213 0.037
201203 0.034 96.783 0.035
201206 0.033 96.819 0.034
201209 0.033 97.633 0.034
201212 0.032 96.871 0.033
201303 0.030 98.209 0.031
201306 0.030 98.518 0.031
201309 0.029 98.790 0.030
201312 0.009 98.326 0.009
201403 0.009 99.695 0.009
201406 0.009 100.560 0.009

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.


Whetstone Minerals  (OTCPK:WMITF) 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.


Whetstone Minerals Cyclically Adjusted PB Ratio Related Terms

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Whetstone Minerals (Whetstone Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Whetstone Minerals Limited is an exploration stage company engaged in the business of mineral exploration.

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