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ARK Mines (ASX:AHK) Cyclically Adjusted PB Ratio : (As of Jan. 18, 2025)


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What is ARK Mines Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ARK Mines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ARK Mines'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.

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ARK Mines Cyclically Adjusted PB Ratio Chart

ARK Mines Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
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ARK Mines Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of ARK Mines's Cyclically Adjusted PB Ratio

For the Gold subindustry, ARK Mines'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.


ARK Mines's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



ARK Mines 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.

ARK Mines's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, ARK Mines's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.11/128.9064*128.9064
=0.110

Current CPI (Jun24) = 128.9064.

ARK Mines Annual Data

Book Value per Share CPI Adj_Book
201506 0.204 99.838 0.263
201606 0.061 100.859 0.078
201706 -1.281 102.809 -1.606
201806 -1.544 104.945 -1.897
201906 -2.073 106.617 -2.506
202006 -2.947 106.246 -3.576
202106 -0.313 110.332 -0.366
202206 0.121 117.112 0.133
202306 0.099 124.170 0.103
202406 0.110 128.906 0.110

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.


ARK Mines  (ASX:AHK) 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.


ARK Mines Cyclically Adjusted PB Ratio Related Terms

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ARK Mines Business Description

Traded in Other Exchanges
N/A
Address
19 - 29 Martin Place, Level 9, MLC Centre, Sydney, NSW, AUS, 2000
ARK Mines Ltd is engaged in the exploration, evaluation, and development of gold and other mineral deposits in Australia. The projects of the company include the Gunnawarra Project, Pluton Gold Project, Mt Jesse Project and Sandy Mitchell.

ARK Mines Headlines

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