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Slam Exploration (Slam Exploration) Cyclically Adjusted PB Ratio : 0.41 (As of May. 17, 2024)


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What is Slam Exploration Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Slam Exploration's current share price is $0.0041. Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was $0.01. Slam Exploration's Cyclically Adjusted PB Ratio for today is 0.41.

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

SLMXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.74
Current: 1.02

During the past years, Slam Exploration's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.00. And the median was 0.00.

SLMXF's Cyclically Adjusted PB Ratio is ranked worse than
53.53% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.875 vs SLMXF: 1.02

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.

Slam Exploration's adjusted book value per share data for the three months ended in Oct. 2023 was $0.011. 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 $0.01 for the trailing ten years ended in Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Slam Exploration Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Slam Exploration'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.

Slam Exploration Cyclically Adjusted PB Ratio Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.20 0.27 0.63

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.51 0.63 1.16 1.27 2.05

Competitive Comparison of Slam Exploration's Cyclically Adjusted PB Ratio

For the Gold subindustry, Slam Exploration'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.


Slam Exploration's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Slam Exploration 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.

Slam Exploration's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0041/0.01
=0.41

* 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.

Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Slam Exploration's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book=Book Value per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.011/125.3095*125.3095
=0.011

Current CPI (Oct. 2023) = 125.3095.

Slam Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.021 97.261 0.027
201404 0.023 98.920 0.029
201407 0.014 99.315 0.018
201410 0.009 99.473 0.011
201501 0.017 98.209 0.022
201504 0.013 99.710 0.016
201507 0.009 100.579 0.011
201510 0.008 100.500 0.010
201601 0.005 100.184 0.006
201604 0.011 101.370 0.014
201607 0.019 101.844 0.023
201610 0.018 102.002 0.022
201701 0.027 102.318 0.033
201704 0.025 103.029 0.030
201707 0.025 103.029 0.030
201710 0.026 103.424 0.032
201801 0.015 104.056 0.018
201804 0.013 105.320 0.015
201807 0.011 106.110 0.013
201810 0.010 105.952 0.012
201901 0.007 105.557 0.008
201904 0.006 107.453 0.007
201907 0.005 108.243 0.006
201910 0.001 107.927 0.001
202001 -0.002 108.085 -0.002
202004 -0.003 107.216 -0.004
202007 0.007 108.401 0.008
202010 0.007 108.638 0.008
202101 0.009 109.192 0.010
202104 0.017 110.851 0.019
202107 0.019 112.431 0.021
202110 0.018 113.695 0.020
202201 0.017 114.801 0.019
202204 0.019 118.357 0.020
202207 0.016 120.964 0.017
202210 0.014 121.517 0.014
202301 0.013 121.596 0.013
202304 0.011 123.571 0.011
202307 0.013 124.914 0.013
202310 0.011 125.310 0.011

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.


Slam Exploration  (OTCPK:SLMXF) 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.


Slam Exploration Cyclically Adjusted PB Ratio Related Terms

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


Slam Exploration (Slam Exploration) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.

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