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Sunrise Energy Metals (Sunrise Energy Metals) Cyclically Adjusted PB Ratio : 0.40 (As of Jun. 07, 2024)


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What is Sunrise Energy Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Sunrise Energy Metals's current share price is $0.3277. Sunrise Energy Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $0.81. Sunrise Energy Metals's Cyclically Adjusted PB Ratio for today is 0.40.

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

SREMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.29   Max: 8.98
Current: 0.38

During the past 13 years, Sunrise Energy Metals's highest Cyclically Adjusted PB Ratio was 8.98. The lowest was 0.22. And the median was 1.29.

SREMF's Cyclically Adjusted PB Ratio is ranked better than
93.62% of 2163 companies
in the Industrial Products industry
Industry Median: 1.89 vs SREMF: 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.

Sunrise Energy Metals's adjusted book value per share data of for the fiscal year that ended in Jun23 was $0.120. 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 $0.81 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunrise Energy Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunrise Energy Metals'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.

Sunrise Energy Metals Cyclically Adjusted PB Ratio Chart

Sunrise Energy Metals 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 1.85 0.80 1.32 1.70 0.80

Sunrise Energy Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.70 - 0.80 -

Competitive Comparison of Sunrise Energy Metals's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Sunrise Energy Metals'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.


Sunrise Energy Metals's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunrise Energy Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sunrise Energy Metals's Cyclically Adjusted PB Ratio falls into.



Sunrise Energy Metals 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.

Sunrise Energy Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3277/0.81
=0.40

* 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.

Sunrise Energy Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Sunrise Energy Metals's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.12/124.1700*124.1700
=0.120

Current CPI (Jun23) = 124.1700.

Sunrise Energy Metals Annual Data

Book Value per Share CPI Adj_Book
201406 0.427 98.352 0.539
201506 0.308 99.838 0.383
201606 0.385 100.859 0.474
201706 1.488 102.809 1.797
201806 2.545 104.945 3.011
201906 2.210 106.617 2.574
202006 0.392 106.246 0.458
202106 0.192 110.332 0.216
202206 0.190 117.112 0.201
202306 0.120 124.170 0.120

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.


Sunrise Energy Metals  (OTCPK:SREMF) 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.


Sunrise Energy Metals Cyclically Adjusted PB Ratio Related Terms

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


Sunrise Energy Metals (Sunrise Energy Metals) Business Description

Traded in Other Exchanges
Address
10 Queen Street, Level 6, Melbourne, VIC, AUS, 3000
Sunrise Energy Metals Ltd is an Australia-based company engaged in providing metals recovery and industrial water treatment solutions through its proprietary Clean-iX continuous ion exchange technology. It focuses on metals that are highly geared to disruptive changes in technologies and markets, particularly in global energy and transport. The company operates wholly in the Australia.

Sunrise Energy Metals (Sunrise Energy Metals) Headlines