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Resource Base (ASX:RBX) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Resource Base Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Resource Base Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Resource Base'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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Resource Base Cyclically Adjusted PB Ratio Chart

Resource Base Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Resource Base Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Resource Base's Cyclically Adjusted PB Ratio

For the Gold subindustry, Resource Base'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.


Resource Base's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Resource Base 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.

Resource Base's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Resource Base's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.071/124.1700*124.1700
=0.071

Current CPI (Jun23) = 124.1700.

Resource Base Annual Data

Book Value per Share CPI Adj_Book
201406 0.006 98.352 0.008
201506 0.003 99.838 0.004
201606 0.000 100.859 0.000
201706 -0.017 102.809 -0.021
201806 -0.041 104.945 -0.049
201906 -0.073 106.617 -0.085
202006 -0.105 106.246 -0.123
202106 -0.711 110.332 -0.800
202206 0.130 117.112 0.138
202306 0.071 124.170 0.071

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.


Resource Base  (ASX:RBX) 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.


Resource Base Cyclically Adjusted PB Ratio Related Terms

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Resource Base (ASX:RBX) Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Resource Base Ltd is a mineral exploration company focused on the acquisition and development of highly prospective exploration projects with demonstrated potential for scalable discoveries. The Company's primary focus was to advance the development of its Mitre Hill REE Project, the Wali and Ernst Lake lithium projects in Quebec, and the Black Range Project in Victoria. The company is organized into one operating segment, being the exploration and production of gold in Australia. Geographically, it operates within Australia.

Resource Base (ASX:RBX) Headlines

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