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Silver Bear Resources (TSX:SBR) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Silver Bear Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Bear Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silver Bear 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.

Silver Bear Resources Cyclically Adjusted PB Ratio Chart

Silver Bear 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 1.81 6.59 - - -

Silver Bear Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

Competitive Comparison of Silver Bear Resources's Cyclically Adjusted PB Ratio

For the Silver subindustry, Silver Bear 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.


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

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

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



Silver Bear 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.

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

For example, Silver Bear 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)
=-0.284/131.6000*131.6000
=-0.284

Current CPI (Mar. 2024) = 131.6000.

Silver Bear Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.036 99.800 0.047
201409 0.045 100.000 0.059
201412 0.024 99.900 0.032
201503 0.017 99.600 0.022
201506 -0.005 100.100 -0.007
201509 -0.023 100.200 -0.030
201512 -0.049 100.400 -0.064
201603 -0.052 100.400 -0.068
201606 -0.057 101.000 -0.074
201609 -0.063 101.500 -0.082
201612 -0.085 102.200 -0.109
201703 -0.072 102.700 -0.092
201706 -0.110 103.500 -0.140
201709 0.006 104.300 0.008
201712 0.001 105.000 0.001
201803 -0.001 105.100 -0.001
201806 -0.018 105.900 -0.022
201809 -0.024 106.600 -0.030
201812 -0.045 107.100 -0.055
201903 -0.036 107.000 -0.044
201906 -0.036 107.900 -0.044
201909 -0.041 108.400 -0.050
201912 -0.045 108.500 -0.055
202003 -0.100 108.600 -0.121
202006 -0.072 108.800 -0.087
202009 -0.097 109.200 -0.117
202012 -0.091 109.400 -0.109
202103 -0.100 109.700 -0.120
202106 -0.105 111.400 -0.124
202109 -0.130 112.400 -0.152
202112 -0.129 114.700 -0.148
202203 -0.152 116.500 -0.172
202206 -0.089 120.500 -0.097
202209 -0.138 122.300 -0.148
202212 -0.206 125.300 -0.216
202303 -0.223 126.800 -0.231
202306 -0.230 129.400 -0.234
202309 -0.258 130.100 -0.261
202312 -0.256 130.500 -0.258
202403 -0.284 131.600 -0.284

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.


Silver Bear Resources  (TSX:SBR) 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.


Silver Bear Resources Cyclically Adjusted PB Ratio Related Terms

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Silver Bear Resources (TSX:SBR) Business Description

Traded in Other Exchanges
N/A
Address
45 King William Street, 2nd Floor, Regis House, London, GBR, EC4R 9AN
Silver Bear Resources PLC provides silver mining services and engages in the acquisition, exploration, evaluation, and development of silver properties. The company operates along with its subsidiaries. The company's operating segments are based on geographical location and include one property in the Russian Federation (Mangazeisky).