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Salazar Resources (Salazar Resources) Cyclically Adjusted PB Ratio : 0.40 (As of Jun. 10, 2024)


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What is Salazar Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Salazar Resources's current share price is $0.0719. Salazar Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.18. Salazar Resources's Cyclically Adjusted PB Ratio for today is 0.40.

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

SRLZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.43
Current: 0.42

During the past years, Salazar Resources's highest Cyclically Adjusted PB Ratio was 0.43. The lowest was 0.00. And the median was 0.00.

SRLZF's Cyclically Adjusted PB Ratio is ranked better than
67.09% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs SRLZF: 0.42

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.

Salazar Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $0.093. 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 $0.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salazar Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Salazar 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.

Salazar Resources Cyclically Adjusted PB Ratio Chart

Salazar Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.29 1.09 0.49 0.21

Salazar Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.49 0.34 0.24 0.21 0.25

Competitive Comparison of Salazar Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Salazar 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.


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

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

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



Salazar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0719/0.18
=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.

Salazar Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Salazar Resources's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.093/126.2576*126.2576
=0.093

Current CPI (Mar. 2024) = 126.2576.

Salazar Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.294 98.604 0.376
201406 0.290 99.473 0.368
201409 0.279 99.394 0.354
201412 0.258 98.367 0.331
201503 0.231 99.789 0.292
201506 0.233 100.500 0.293
201509 0.207 100.421 0.260
201512 0.186 99.947 0.235
201603 0.198 101.054 0.247
201606 0.138 102.002 0.171
201609 0.128 101.765 0.159
201612 0.124 101.449 0.154
201703 0.120 102.634 0.148
201706 0.118 103.029 0.145
201709 0.124 103.345 0.151
201712 0.118 103.345 0.144
201803 0.119 105.004 0.143
201806 0.116 105.557 0.139
201809 0.140 105.636 0.167
201812 0.150 105.399 0.180
201903 0.125 106.979 0.148
201906 0.122 107.690 0.143
201909 0.119 107.611 0.140
201912 0.153 107.769 0.179
202003 0.153 107.927 0.179
202006 0.149 108.401 0.174
202009 0.148 108.164 0.173
202012 0.146 108.559 0.170
202103 0.160 110.298 0.183
202106 0.161 111.720 0.182
202109 0.158 112.905 0.177
202112 0.147 113.774 0.163
202203 0.147 117.646 0.158
202206 0.145 120.806 0.152
202209 0.128 120.648 0.134
202212 0.117 120.964 0.122
202303 0.112 122.702 0.115
202309 0.097 125.230 0.098
202312 0.095 125.072 0.096
202403 0.093 126.258 0.093

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.


Salazar Resources  (OTCPK:SRLZF) 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.


Salazar Resources Cyclically Adjusted PB Ratio Related Terms

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


Salazar Resources (Salazar Resources) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Salazar Resources Ltd is a Canada based junior mineral exploration company engaged in the acquisition and exploration of mineral properties located in Latin America. Its projects include Curipamba and Ruminahui. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets. The Company's exploration and evaluation assets are located in Ecuador and its corporate assets are located in Canada.

Salazar Resources (Salazar Resources) Headlines