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Alaska Energy Metals (Alaska Energy Metals) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 19, 2024)


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What is Alaska Energy Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Alaska Energy Metals's current share price is $0.101. Alaska Energy Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.97. Alaska Energy Metals's Cyclically Adjusted PB Ratio for today is 0.10.

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

AKEMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 1.47
Current: 0.11

During the past years, Alaska Energy Metals's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.09. And the median was 0.25.

AKEMF's Cyclically Adjusted PB Ratio is ranked better than
89.11% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.81 vs AKEMF: 0.11

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.

Alaska Energy Metals's adjusted book value per share data for the three months ended in Mar. 2024 was $0.174. 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 $0.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alaska Energy Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alaska Energy Metals'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.

Alaska Energy Metals Cyclically Adjusted PB Ratio Chart

Alaska Energy Metals 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 0.25 0.23 0.17 0.16 0.28

Alaska Energy Metals 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 0.14 0.27 0.33 0.28 0.24

Competitive Comparison of Alaska Energy Metals's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Alaska Energy Metals'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.


Alaska Energy Metals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alaska Energy Metals's Cyclically Adjusted PB Ratio falls into.



Alaska Energy Metals 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.

Alaska Energy Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.101/0.97
=0.10

* 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.

Alaska Energy Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alaska Energy Metals'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)
=0.174/126.2576*126.2576
=0.174

Current CPI (Mar. 2024) = 126.2576.

Alaska Energy Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.213 99.473 4.078
201409 2.889 99.394 3.670
201412 2.656 98.367 3.409
201503 2.254 99.789 2.852
201506 1.986 100.500 2.495
201509 1.744 100.421 2.193
201512 1.041 99.947 1.315
201603 0.924 101.054 1.154
201606 1.195 102.002 1.479
201609 1.126 101.765 1.397
201612 0.979 101.449 1.218
201703 0.910 102.634 1.119
201706 0.780 103.029 0.956
201709 1.261 103.345 1.541
201712 1.175 103.345 1.436
201803 1.180 105.004 1.419
201806 0.936 105.557 1.120
201809 0.912 105.636 1.090
201812 0.632 105.399 0.757
201903 0.565 106.979 0.667
201906 0.418 107.690 0.490
201909 0.343 107.611 0.402
201912 0.309 107.769 0.362
202003 0.321 107.927 0.376
202006 0.342 108.401 0.398
202009 0.408 108.164 0.476
202012 0.360 108.559 0.419
202103 0.390 110.298 0.446
202106 0.375 111.720 0.424
202109 0.351 112.905 0.393
202112 0.323 113.774 0.358
202203 0.340 117.646 0.365
202206 0.240 120.806 0.251
202209 0.307 120.648 0.321
202212 0.246 120.964 0.257
202303 0.230 122.702 0.237
202306 0.093 124.203 0.095
202309 0.223 125.230 0.225
202312 0.186 125.072 0.188
202403 0.174 126.258 0.174

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.


Alaska Energy Metals  (OTCPK:AKEMF) 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.


Alaska Energy Metals Cyclically Adjusted PB Ratio Related Terms

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


Alaska Energy Metals (Alaska Energy Metals) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1000, Vancouver, BC, CAN, V6C 2G8
Alaska Energy Metals Corp is a Canada-based company engaged in the business activities of exploration and development of mineral resources. Through research and early-stage exploration, the company generates new exploration ideas, acquires mineral rights, and performs exploration work to identify drilling targets. The company derives revenue from contracts with customers through overhead recovery fees and exploration services. Its geographical segments include the USA, Mexico, and Canada, where the majority of its revenue comes from the USA.

Alaska Energy Metals (Alaska Energy Metals) Headlines