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Argentum Silver (Argentum Silver) Cyclically Adjusted PB Ratio : 2.30 (As of Apr. 29, 2024)


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What is Argentum Silver Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Argentum Silver's current share price is $0.023. Argentum Silver's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.01. Argentum Silver's Cyclically Adjusted PB Ratio for today is 2.30.

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

AGSVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.97
Current: 1.75

During the past years, Argentum Silver's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.00. And the median was 0.00.

AGSVF's Cyclically Adjusted PB Ratio is ranked worse than
68.61% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs AGSVF: 1.75

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.

Argentum Silver's adjusted book value per share data for the three months ended in Dec. 2023 was $0.004. 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 $0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Argentum Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Argentum Silver'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.

Argentum Silver Cyclically Adjusted PB Ratio Chart

Argentum Silver 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 0.49 0.74 0.76 0.59 1.10

Argentum Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.57 1.34 1.10 1.57 1.75

Competitive Comparison of Argentum Silver's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Argentum Silver'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.


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

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

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



Argentum Silver 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.

Argentum Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.023/0.01
=2.30

* 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.

Argentum Silver's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Argentum Silver's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.004/125.4675*125.4675
=0.004

Current CPI (Dec. 2023) = 125.4675.

Argentum Silver Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.244 98.604 0.310
201406 -0.115 99.473 -0.145
201409 0.174 99.394 0.220
201412 0.125 98.367 0.159
201503 0.112 99.789 0.141
201506 -0.055 100.500 -0.069
201509 -0.052 100.421 -0.065
201512 -0.032 99.947 -0.040
201603 -0.034 101.054 -0.042
201606 -0.043 102.002 -0.053
201609 0.012 101.765 0.015
201612 0.010 101.449 0.012
201703 0.007 102.634 0.009
201706 0.006 103.029 0.007
201709 0.005 103.345 0.006
201712 0.011 103.345 0.013
201803 0.010 105.004 0.012
201806 0.008 105.557 0.010
201809 0.003 105.636 0.004
201812 0.001 105.399 0.001
201903 0.000 106.979 0.000
201906 0.002 107.690 0.002
201909 0.027 107.611 0.031
201912 0.026 107.769 0.030
202003 0.015 107.927 0.017
202006 0.014 108.401 0.016
202009 0.012 108.164 0.014
202012 0.015 108.559 0.017
202103 0.014 110.298 0.016
202106 0.014 111.720 0.016
202109 0.015 112.905 0.017
202112 0.014 113.774 0.015
202203 0.018 117.646 0.019
202206 0.014 120.806 0.015
202209 0.013 120.648 0.014
202212 0.010 120.964 0.010
202303 0.008 122.702 0.008
202306 0.006 124.203 0.006
202309 0.005 125.230 0.005
202312 0.004 125.468 0.004

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.


Argentum Silver  (OTCPK:AGSVF) 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.


Argentum Silver Cyclically Adjusted PB Ratio Related Terms

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


Argentum Silver (Argentum Silver) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Argentum Silver Corp is an exploration stage company, engaged in the acquisition, exploration, and development of mineral properties. The company projects include Vanadium Ridge and Cochavara.

Argentum Silver (Argentum Silver) Headlines

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