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Ascot Resources (Ascot Resources) Cyclically Adjusted PB Ratio : 1.21 (As of Jun. 09, 2024)


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What is Ascot Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Ascot Resources's current share price is $0.5565. Ascot Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.46. Ascot Resources's Cyclically Adjusted PB Ratio for today is 1.21.

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

AOTVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.32
Current: 1.2

During the past years, Ascot Resources's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.00. And the median was 0.00.

AOTVF's Cyclically Adjusted PB Ratio is ranked worse than
59.32% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs AOTVF: 1.20

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.

Ascot Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $0.445. 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 $0.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascot Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ascot 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.

Ascot Resources Cyclically Adjusted PB Ratio Chart

Ascot Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 3.21 2.32 0.88 0.77

Ascot 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 1.14 0.84 0.60 0.77 1.16

Competitive Comparison of Ascot Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Ascot 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.


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

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

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



Ascot 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.

Ascot Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5565/0.46
=1.21

* 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.

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

For example, Ascot 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)
=0.445/126.2576*126.2576
=0.445

Current CPI (Mar. 2024) = 126.2576.

Ascot Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.310 99.473 0.393
201409 0.310 99.394 0.394
201412 0.298 98.367 0.382
201503 0.271 99.789 0.343
201506 0.273 100.500 0.343
201509 0.265 100.421 0.333
201512 0.282 99.947 0.356
201603 0.291 101.054 0.364
201606 0.315 102.002 0.390
201609 0.374 101.765 0.464
201612 0.389 101.449 0.484
201703 0.383 102.634 0.471
201706 0.402 103.029 0.493
201709 0.431 103.345 0.527
201712 0.410 103.345 0.501
201803 0.410 105.004 0.493
201806 0.397 105.557 0.475
201809 0.398 105.636 0.476
201812 0.461 105.399 0.552
201903 0.492 106.979 0.581
201906 0.495 107.690 0.580
201909 0.490 107.611 0.575
201912 0.484 107.769 0.567
202003 0.448 107.927 0.524
202006 0.473 108.401 0.551
202009 0.488 108.164 0.570
202012 0.498 108.559 0.579
202103 0.517 110.298 0.592
202106 0.561 111.720 0.634
202109 0.538 112.905 0.602
202112 0.534 113.774 0.593
202203 0.569 117.646 0.611
202206 0.561 120.806 0.586
202209 0.535 120.648 0.560
202212 0.522 120.964 0.545
202303 0.462 122.702 0.475
202306 0.471 124.203 0.479
202309 0.461 125.230 0.465
202312 0.470 125.072 0.474
202403 0.445 126.258 0.445

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.


Ascot Resources  (OTCPK:AOTVF) 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.


Ascot Resources Cyclically Adjusted PB Ratio Related Terms

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


Ascot Resources (Ascot Resources) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1050, Vancouver, BC, CAN, V6E 2M6
Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in Washington State, USA.

Ascot Resources (Ascot Resources) Headlines