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Sirios Resources (FRA:377A) Cyclically Adjusted PB Ratio : 0.57 (As of May. 21, 2024)


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What is Sirios Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Sirios Resources's current share price is €0.04. Sirios Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.07. Sirios Resources's Cyclically Adjusted PB Ratio for today is 0.57.

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

FRA:377A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.41
Current: 0.38

During the past years, Sirios Resources's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.00. And the median was 0.00.

FRA:377A's Cyclically Adjusted PB Ratio is ranked better than
69.31% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.905 vs FRA:377A: 0.38

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.

Sirios Resources's adjusted book value per share data for the three months ended in Dec. 2023 was €0.084. 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 €0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sirios Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sirios Resources'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.

Sirios Resources Cyclically Adjusted PB Ratio Chart

Sirios Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.57 0.42 0.29 0.29

Sirios Resources 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 0.36 0.42 0.29 0.21 0.27

Competitive Comparison of Sirios Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Sirios Resources'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.


Sirios Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Sirios Resources 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.

Sirios Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.07
=0.57

* 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.

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

For example, Sirios Resources'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)
=0.084/125.0724*125.0724
=0.084

Current CPI (Dec. 2023) = 125.0724.

Sirios Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.114 98.604 0.145
201406 0.116 99.473 0.146
201409 0.120 99.394 0.151
201412 0.105 98.367 0.134
201503 0.108 99.789 0.135
201506 0.098 100.500 0.122
201509 0.103 100.421 0.128
201512 0.086 99.947 0.108
201603 0.087 101.054 0.108
201606 0.105 102.002 0.129
201609 0.105 101.765 0.129
201612 0.125 101.449 0.154
201703 0.124 102.634 0.151
201706 0.116 103.029 0.141
201709 0.130 103.345 0.157
201712 0.126 103.345 0.152
201803 0.120 105.004 0.143
201806 0.119 105.557 0.141
201809 0.118 105.636 0.140
201812 0.114 105.399 0.135
201903 0.117 106.979 0.137
201906 0.117 107.690 0.136
201909 0.120 107.611 0.139
201912 0.118 107.769 0.137
202003 0.110 107.927 0.127
202006 0.105 108.401 0.121
202009 0.101 108.164 0.117
202012 0.097 108.559 0.112
202103 0.101 110.298 0.115
202106 0.103 111.720 0.115
202109 0.101 112.905 0.112
202112 0.103 113.774 0.113
202203 0.101 117.646 0.107
202206 0.102 120.806 0.106
202209 0.098 120.648 0.102
202212 0.087 120.964 0.090
202303 0.085 122.702 0.087
202306 0.090 124.203 0.091
202309 0.087 125.230 0.087
202312 0.084 125.072 0.084

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.


Sirios Resources  (FRA:377A) 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.


Sirios Resources Cyclically Adjusted PB Ratio Related Terms

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


Sirios Resources (FRA:377A) Business Description

Traded in Other Exchanges
Address
1400 Marie-Victorin,, Bureau 210, Saint-Bruno-De-Montarville, QC, CAN, J3V 6B9
Sirios Resources Inc is engaged in the exploration and evaluation of mineral resources. The company aims to discover world-class gold and lithium deposits in the Eeyou Istchee James Bay region, in Quebec, Canada. The company owns projects such as Cheechoo, Aquilon, Maskwa and Li-52. The firm's flagship project is the Cheechoo, a multi-million onces gold project.

Sirios Resources (FRA:377A) Headlines

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