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As of today (2024-05-26), Texas Mineral Resources's current share price is $0.33. Texas Mineral Resources's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $0.02. Texas Mineral Resources's Cyclically Adjusted PB Ratio for today is 16.50.
The historical rank and industry rank for Texas Mineral Resources's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Texas Mineral Resources's highest Cyclically Adjusted PB Ratio was 18.15. The lowest was 0.00. And the median was 0.00.
TMRC's Cyclically Adjusted PB Ratio is ranked worse thanThe 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.
Texas Mineral Resources's adjusted book value per share data for the three months ended in Feb. 2024 was $0.016. 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 $0.02 for the trailing ten years ended in Feb. 2024.
The historical data trend for Texas Mineral 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.
Texas Mineral Resources Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | 37.14 | 29.86 | 28.18 | 12.31 | 17.00 |
For the Other Industrial Metals & Mining subindustry, Texas Mineral 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.
For the Metals & Mining industry and Basic Materials sector, Texas Mineral Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Texas Mineral Resources's Cyclically Adjusted PB Ratio falls into.
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.
Texas Mineral Resources's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 0.33 | / | 0.02 | |
= | 16.50 |
* 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.
Texas Mineral Resources's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:
For example, Texas Mineral Resources's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:
Adj_Book | = | Book Value per Share | / | CPI of Feb. 2024 (Change) | * | Current CPI (Feb. 2024) |
= | 0.016 | / | 130.9299 | * | 130.9299 | |
= | 0.016 |
Current CPI (Feb. 2024) = 130.9299.
Texas Mineral Resources Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201405 | 0.064 | 100.373 | 0.083 |
201408 | 0.050 | 100.352 | 0.065 |
201411 | 0.041 | 99.635 | 0.054 |
201502 | 0.039 | 99.032 | 0.052 |
201505 | 0.036 | 100.333 | 0.047 |
201508 | 0.030 | 100.548 | 0.039 |
201511 | 0.038 | 100.135 | 0.050 |
201602 | 0.030 | 100.040 | 0.039 |
201605 | 0.025 | 101.355 | 0.032 |
201608 | 0.019 | 101.617 | 0.024 |
201611 | 0.018 | 101.829 | 0.023 |
201702 | 0.014 | 102.779 | 0.018 |
201705 | 0.012 | 103.256 | 0.015 |
201708 | -0.025 | 103.587 | -0.032 |
201711 | -0.027 | 104.072 | -0.034 |
201802 | -0.029 | 105.052 | -0.036 |
201805 | -0.030 | 106.148 | -0.037 |
201808 | -0.037 | 106.383 | -0.046 |
201811 | -0.035 | 106.338 | -0.043 |
201902 | -0.036 | 106.649 | -0.044 |
201905 | -0.038 | 108.048 | -0.046 |
201908 | 0.013 | 108.245 | 0.016 |
201911 | 0.013 | 108.519 | 0.016 |
202002 | 0.016 | 109.139 | 0.019 |
202005 | 0.012 | 108.175 | 0.015 |
202008 | 0.031 | 109.662 | 0.037 |
202011 | 0.030 | 109.793 | 0.036 |
202102 | 0.026 | 110.968 | 0.031 |
202105 | 0.071 | 113.576 | 0.082 |
202108 | 0.072 | 115.421 | 0.082 |
202111 | 0.070 | 117.269 | 0.078 |
202202 | 0.061 | 119.703 | 0.067 |
202205 | 0.052 | 123.323 | 0.055 |
202208 | 0.042 | 124.958 | 0.044 |
202211 | 0.035 | 125.607 | 0.036 |
202302 | 0.027 | 126.928 | 0.028 |
202305 | 0.024 | 128.314 | 0.024 |
202308 | 0.020 | 129.538 | 0.020 |
202311 | 0.017 | 129.548 | 0.017 |
202402 | 0.016 | 130.930 | 0.016 |
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.
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.
Thank you for viewing the detailed overview of Texas Mineral Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Cecil C Wall | director | 3 RIVERWAY, STE. 1800, HOUSTON TX 77056 |
Anthony G. Marchese | director | 15 BADEAU AVENUE, SUMMIT X1 07901 |
Lavern K Lund | director | 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124 |
Clark Moseley | director | PO BOX 2466, SIOUX FALLS SD 57101 |
Kevin A. Francis | director | 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126 |
Peter Jr. Denetclaw | director | 6040 SANTA CLARA DR, FARMINGTON NM 87402 |
Chris Mathers | officer: CFO | 7 COPANA PT., ROCKPORT TX 78382 |
Daniel E Gorski | director, officer: Chief Executive Officer | 7 COPANO PT. RD., ROCKPORT TX 78382 |
Nicholas Pingitore | director | C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112 |
Sc Fundamental Llc | director | 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
Navajo Transitional Energy Company, Llc | 10 percent owner | PO BOX 11, FARMINGTON NM 87499 |
Edward A Collery | other: Member of 10% owner group | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
Sc Fundamental Llc Employee Savings & Profit Sharing Plan | 10 percent owner | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
Peter M Collery | director | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017 |
Neil H Koffler | director | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017 |
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