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Hi Ho Silver Resources (Hi Ho Silver Resources) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Hi Ho Silver Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hi Ho Silver Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hi Ho Silver 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.

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Hi Ho Silver Resources Cyclically Adjusted PB Ratio Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Cyclically Adjusted PB Ratio
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Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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Competitive Comparison of Hi Ho Silver Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver 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.


Hi Ho Silver Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Hi Ho Silver 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.

Hi Ho Silver Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2021 is calculated as:

For example, Hi Ho Silver Resources's adjusted Book Value per Share data for the three months ended in Apr. 2021 was:

Adj_Book=Book Value per Share/CPI of Apr. 2021 (Change)*Current CPI (Apr. 2021)
=-0.003/110.8507*110.8507
=-0.003

Current CPI (Apr. 2021) = 110.8507.

Hi Ho Silver Resources Quarterly Data

Book Value per Share CPI Adj_Book
201107 0.014 94.812 0.016
201110 0.020 95.444 0.023
201201 0.023 95.365 0.027
201204 0.019 96.550 0.022
201207 0.005 95.997 0.006
201210 0.005 96.550 0.006
201301 0.006 95.839 0.007
201304 0.006 96.945 0.007
201307 -0.001 97.261 -0.001
201310 0.001 97.182 0.001
201401 0.001 97.261 0.001
201404 0.000 98.920 0.000
201407 -0.170 99.315 -0.190
201410 -0.091 99.473 -0.101
201501 -0.100 98.209 -0.113
201504 -0.085 99.710 -0.094
201507 -0.006 100.579 -0.007
201510 -0.005 100.500 -0.006
201601 -0.005 100.184 -0.006
201604 -0.007 101.370 -0.008
201607 -0.156 101.844 -0.170
201610 -0.104 102.002 -0.113
201701 -0.032 102.318 -0.035
201704 -0.032 103.029 -0.034
201707 -0.019 103.029 -0.020
201710 -0.005 103.424 -0.005
201801 -0.004 104.056 -0.004
201804 0.007 105.320 0.007
201807 0.007 106.110 0.007
201810 0.006 105.952 0.006
201901 0.006 105.557 0.006
201904 0.004 107.453 0.004
201907 -0.001 108.243 -0.001
201910 -0.003 107.927 -0.003
202001 -0.001 108.085 -0.001
202004 -0.002 107.216 -0.002
202007 -0.005 108.401 -0.005
202010 -0.006 108.638 -0.006
202101 -0.008 109.192 -0.008
202104 -0.003 110.851 -0.003

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.


Hi Ho Silver Resources  (OTCPK:HHSRF) 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.


Hi Ho Silver Resources Cyclically Adjusted PB Ratio Related Terms

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Hi Ho Silver Resources (Hi Ho Silver Resources) Business Description

Traded in Other Exchanges
N/A
Address
Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.

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