GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QX Resources Ltd (ASX:QXR) » Definitions » Cyclically Adjusted PB Ratio

QX Resources (ASX:QXR) Cyclically Adjusted PB Ratio : (As of May. 22, 2025)


View and export this data going back to 2011. Start your Free Trial

What is QX Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


QX Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QX 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.

QX Resources Cyclically Adjusted PB Ratio Chart

QX Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 0.16 0.27 -

QX Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 0.27 - - -

Competitive Comparison of QX Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, QX 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.


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

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

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


;
;

QX 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.

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

For example, QX Resources'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)
=0.006/128.9064*128.9064
=0.006

Current CPI (Jun24) = 128.9064.

QX Resources Annual Data

Book Value per Share CPI Adj_Book
201506 -0.160 99.838 -0.207
201606 -0.010 100.859 -0.013
201706 0.003 102.809 0.004
201806 0.004 104.945 0.005
201906 0.003 106.617 0.004
202006 0.003 106.246 0.004
202106 0.005 110.332 0.006
202206 0.005 117.112 0.006
202306 0.004 124.170 0.004
202406 0.006 128.906 0.006

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.


QX Resources  (ASX:QXR) 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.


QX Resources Cyclically Adjusted PB Ratio Related Terms

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


QX Resources Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
QX Resources Ltd is a mineral exploration operation company. It is focused on the exploration and development of battery minerals and gold assets. Its project portfolio includes the Turner River Lithium project, Pilbara Western Shaw Iron Ore project, Liberty Lithium Brine project, Anthony Molybdenum project, and Copper-Gold-Molybdenum projects among others. The company also has a strategic investment in nickel sulphides in Sweden. It operates in one business segment being the minerals exploration sector in Australia.

QX Resources Headlines

No Headlines