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Sheffield Resources (ASX:SFX) Cyclically Adjusted PB Ratio : 0.46 (As of May. 22, 2025)


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What is Sheffield Resources Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Sheffield Resources's current share price is A$0.17. Sheffield Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 was A$0.37. Sheffield Resources's Cyclically Adjusted PB Ratio for today is 0.46.

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

ASX:SFX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.43
Current: 0.43

During the past 13 years, Sheffield Resources's highest Cyclically Adjusted PB Ratio was 0.43. The lowest was 0.00. And the median was 0.00.

ASX:SFX's Cyclically Adjusted PB Ratio is ranked better than
67.89% of 1532 companies
in the Metals & Mining industry
Industry Median: 0.95 vs ASX:SFX: 0.43

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.

Sheffield Resources's adjusted book value per share data of for the fiscal year that ended in Jun24 was A$0.351. 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 A$0.37 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sheffield Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sheffield 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.

Sheffield Resources Cyclically Adjusted PB Ratio Chart

Sheffield 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 0.53 1.31 1.54 1.36 0.95

Sheffield 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 - 1.36 - 0.95 -

Competitive Comparison of Sheffield Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Sheffield 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.


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

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

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


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Sheffield 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.17/0.37
=0.46

* 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.

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

For example, Sheffield 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)
=0.351/128.9064*128.9064
=0.351

Current CPI (Jun24) = 128.9064.

Sheffield Resources Annual Data

Book Value per Share CPI Adj_Book
201506 0.228 99.838 0.294
201606 0.239 100.859 0.305
201706 0.252 102.809 0.316
201806 0.311 104.945 0.382
201906 0.279 106.617 0.337
202006 0.278 106.246 0.337
202106 0.371 110.332 0.433
202206 0.449 117.112 0.494
202306 0.432 124.170 0.448
202406 0.351 128.906 0.351

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.


Sheffield Resources  (ASX:SFX) 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.


Sheffield Resources Cyclically Adjusted PB Ratio Related Terms

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


Sheffield Resources Business Description

Traded in Other Exchanges
N/A
Address
41 - 47 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Sheffield Resources Ltd is an Australia-based company. Its principal activities are mineral sands development, exploration for mineral sands and base metals within the state of Western Australia. Its mineral sands projects comprise of the flagship high-grade, zircon-rich Thunderbird Mineral Sands Project; the Eneabba project; the McCalls chloride ilmenite project; the Central Canning project; and the Barton project. Its operating segments include South Atlantic project, Thunderbird project and Others.

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