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A I S Resources (A I S Resources) Cyclically Adjusted PB Ratio : 0.06 (As of May. 20, 2024)


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What is A I S Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-20), A I S Resources's current share price is $0.032. A I S Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.55. A I S Resources's Cyclically Adjusted PB Ratio for today is 0.06.

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

AISSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.61   Max: 10.58
Current: 0.12

During the past years, A I S Resources's highest Cyclically Adjusted PB Ratio was 10.58. The lowest was 0.06. And the median was 0.61.

AISSF's Cyclically Adjusted PB Ratio is ranked better than
87.75% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.905 vs AISSF: 0.12

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.

A I S Resources's adjusted book value per share data for the three months ended in Dec. 2023 was $0.029. 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 $0.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


A I S Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A I S 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.

A I S Resources Cyclically Adjusted PB Ratio Chart

A I S 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 0.44 0.92 0.67 0.54 0.12

A I S Resources 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 0.54 0.29 0.20 0.11 0.12

Competitive Comparison of A I S Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, A I S 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.


A I S Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



A I S 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.

A I S Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.032/0.55
=0.06

* 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.

A I S Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, A I S Resources'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)
=0.029/125.0724*125.0724
=0.029

Current CPI (Dec. 2023) = 125.0724.

A I S Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.906 98.604 1.149
201406 0.667 99.473 0.839
201409 0.449 99.394 0.565
201412 0.124 98.367 0.158
201503 0.367 99.789 0.460
201506 0.458 100.500 0.570
201509 0.205 100.421 0.255
201512 0.128 99.947 0.160
201603 0.094 101.054 0.116
201606 0.077 102.002 0.094
201609 0.089 101.765 0.109
201612 0.409 101.449 0.504
201703 0.365 102.634 0.445
201706 0.320 103.029 0.388
201709 0.332 103.345 0.402
201712 0.761 103.345 0.921
201803 0.792 105.004 0.943
201806 0.584 105.557 0.692
201809 0.474 105.636 0.561
201812 0.441 105.399 0.523
201903 0.397 106.979 0.464
201906 0.368 107.690 0.427
201909 0.351 107.611 0.408
201912 0.004 107.769 0.005
202003 -0.013 107.927 -0.015
202006 -0.018 108.401 -0.021
202009 0.020 108.164 0.023
202012 0.102 108.559 0.118
202103 0.171 110.298 0.194
202106 0.199 111.720 0.223
202109 0.202 112.905 0.224
202112 0.218 113.774 0.240
202203 0.225 117.646 0.239
202206 0.199 120.806 0.206
202209 0.198 120.648 0.205
202212 0.155 120.964 0.160
202303 0.139 122.702 0.142
202306 0.140 124.203 0.141
202309 0.125 125.230 0.125
202312 0.029 125.072 0.029

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.


A I S Resources  (OTCPK:AISSF) 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.


A I S Resources Cyclically Adjusted PB Ratio Related Terms

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


A I S Resources (A I S Resources) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2
A I S Resources Ltd is an exploration company. It has focused on the evaluation of mineral properties. It acquires prospective exploration projects and enhances their value by defining the mineral resource with a view to attracting joint venture partners and enhancing the value of its portfolio. The company is developing prospective lithium projects in Argentina, and gold projects located in prolific Australian gold mining regions.

A I S Resources (A I S Resources) Headlines

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