GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Searchlight Minerals Corp (OTCPK:SRCH) » Definitions » Cyclically Adjusted PB Ratio

Searchlight Minerals (Searchlight Minerals) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


View and export this data going back to . Start your Free Trial

What is Searchlight Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Searchlight Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Searchlight 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.

Searchlight Minerals Cyclically Adjusted PB Ratio Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 - - - - -

Competitive Comparison of Searchlight Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Searchlight 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.


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

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

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



Searchlight 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.

Searchlight Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Searchlight Minerals's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book=Book Value per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.246/101.8610*101.8610
=0.246

Current CPI (Sep. 2016) = 101.8610.

Searchlight Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200612 0.112 85.142 0.134
200703 1.347 86.640 1.584
200706 1.337 87.906 1.549
200709 1.000 87.964 1.158
200712 1.096 88.616 1.260
200803 1.088 90.090 1.230
200806 1.090 92.320 1.203
200809 1.080 92.307 1.192
200812 1.068 88.697 1.227
200903 1.059 89.744 1.202
200906 1.050 91.003 1.175
200909 1.039 91.120 1.161
200912 1.005 91.111 1.124
201003 1.033 91.821 1.146
201006 1.023 91.962 1.133
201009 1.012 92.162 1.119
201012 0.977 92.474 1.076
201103 0.964 94.283 1.041
201106 0.952 95.235 1.018
201109 0.921 95.727 0.980
201112 0.929 95.213 0.994
201203 0.896 96.783 0.943
201206 0.910 96.819 0.957
201209 0.903 97.633 0.942
201212 0.892 96.871 0.938
201303 0.886 98.209 0.919
201306 0.878 98.518 0.908
201309 0.871 98.790 0.898
201312 0.866 98.326 0.897
201403 0.859 99.695 0.878
201406 0.851 100.560 0.862
201409 0.767 100.428 0.778
201412 0.728 99.070 0.749
201503 0.707 99.621 0.723
201506 0.704 100.684 0.712
201509 0.543 100.392 0.551
201512 0.533 99.792 0.544
201603 0.294 100.470 0.298
201606 0.249 101.688 0.249
201609 0.246 101.861 0.246

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.


Searchlight Minerals  (OTCPK:SRCH) 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.


Searchlight Minerals Cyclically Adjusted PB Ratio Related Terms

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


Searchlight Minerals (Searchlight Minerals) Business Description

Traded in Other Exchanges
N/A
Address
2360 West Horizon Ridge Parkway, Suite 100, Henderson, NV, USA, 89052
Searchlight Minerals Corp is a exploration-stage company. It is engaged in the slag reprocessing project and the acquisition and exploration of mineral properties at the Clarkdale Slag Project. The Clarkdale Slag Project located in Arizona is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Arizona.
Executives
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Thebes Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
John Edward Mack director P.O.BOX 1575, BRECKENRIDGE CO 80424
Thebes Partners Offshore, Ltd. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Thebes Offshore Master Fund, Lp 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Luxor Spectrum Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD, P.O. BOX 309 GT, GEORGE TOWN E9 KY1-1104
Luxor Spectrum Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 29TH FLOOR, NEW YORK NY 10036
Ian R Mcneil director, officer: CEO 3500 LAKESIDE COURT, SUITE 206, RENO NV 89509

Searchlight Minerals (Searchlight Minerals) Headlines

No Headlines