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Rochester Resources (TSXV:RCT) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Rochester Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rochester Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rochester 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.

Rochester Resources Cyclically Adjusted PB Ratio Chart

Rochester Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.22 - - -

Rochester 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 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 Rochester Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Rochester 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.


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

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

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



Rochester 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.

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

For example, Rochester 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)
=-0.69/125.4675*125.4675
=-0.690

Current CPI (Feb. 2024) = 125.4675.

Rochester Resources Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.771 99.394 0.973
201408 0.698 99.315 0.882
201411 0.586 99.078 0.742
201502 0.461 99.078 0.584
201505 0.060 100.263 0.075
201508 -0.016 100.579 -0.020
201511 -0.096 100.421 -0.120
201602 -0.148 100.421 -0.185
201605 -0.584 101.765 -0.720
201608 -0.605 101.686 -0.746
201611 -0.625 101.607 -0.772
201702 -0.649 102.476 -0.795
201705 -0.737 103.108 -0.897
201708 -0.727 103.108 -0.885
201711 -0.755 103.740 -0.913
201802 -0.754 104.688 -0.904
201805 -0.904 105.399 -1.076
201808 -0.946 106.031 -1.119
201811 -0.982 105.478 -1.168
201902 -1.022 106.268 -1.207
201905 -1.111 107.927 -1.292
201908 -1.082 108.085 -1.256
201911 -1.104 107.769 -1.285
202002 -1.137 108.559 -1.314
202005 -1.192 107.532 -1.391
202008 -1.134 108.243 -1.314
202011 -1.016 108.796 -1.172
202102 -0.588 109.745 -0.672
202105 -0.566 111.404 -0.637
202108 -0.589 112.668 -0.656
202111 -0.590 113.932 -0.650
202202 -0.475 115.986 -0.514
202205 -0.489 120.016 -0.511
202208 -0.515 120.569 -0.536
202211 -0.550 121.675 -0.567
202302 -0.572 122.070 -0.588
202305 -0.615 124.045 -0.622
202308 -0.624 125.389 -0.624
202311 -0.648 125.468 -0.648
202402 -0.690 125.468 -0.690

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.


Rochester Resources  (TSXV:RCT) 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.


Rochester Resources Cyclically Adjusted PB Ratio Related Terms

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


Rochester Resources (TSXV:RCT) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Rochester Resources Ltd is a Canada-based mineral exploration and development company. Principally, the company is engaged in the business of acquisition, exploration, and development of exploration and evaluation of assets in Mexico. It holds 100% interest in the Mina real and San Francisco properties. The firm operates in one segment being the acquisition, exploration and development of exploration and evaluation assets Its mineral operations are located in Mexico and its corporate assets are located in Canada. It derives revenue from mineral exploration activity in Mexico.
Executives
Jose Manuel Silva Senior Officer

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