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

Sarama Resources (ASX:SRR) Cyclically Adjusted PB Ratio : 0.05 (As of Dec. 12, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sarama Resources Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Sarama Resources's current share price is A$0.03. Sarama Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was A$0.61. Sarama Resources's Cyclically Adjusted PB Ratio for today is 0.05.

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

ASX:SRR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.1
Current: 0.1

During the past years, Sarama Resources's highest Cyclically Adjusted PB Ratio was 0.10. The lowest was 0.00. And the median was 0.00.

ASX:SRR's Cyclically Adjusted PB Ratio is ranked better than
89.54% of 1577 companies
in the Metals & Mining industry
Industry Median: 0.83 vs ASX:SRR: 0.10

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.

Sarama Resources's adjusted book value per share data for the three months ended in Sep. 2024 was A$0.007. 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$0.61 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sarama Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sarama 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.

Sarama Resources Cyclically Adjusted PB Ratio Chart

Sarama Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.40 0.23 0.21 0.03

Sarama Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.05 0.03 0.04 0.05 0.06

Competitive Comparison of Sarama Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Sarama 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.


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

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

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



Sarama 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.61
=0.05

* 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.

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

For example, Sarama Resources's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.007/129.1850*129.1850
=0.007

Current CPI (Sep. 2024) = 129.1850.

Sarama Resources Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.195 99.002 1.559
201503 1.260 99.187 1.641
201506 1.240 99.838 1.605
201509 1.230 100.302 1.584
201512 1.009 100.673 1.295
201603 0.948 100.488 1.219
201606 0.821 100.859 1.052
201609 0.719 101.602 0.914
201612 0.038 102.159 0.048
201703 0.730 102.624 0.919
201706 0.747 102.809 0.939
201709 0.690 103.460 0.862
201712 0.057 104.110 0.071
201803 0.093 104.574 0.115
201806 0.084 104.945 0.103
201809 0.070 105.410 0.086
201812 0.054 105.967 0.066
201903 0.042 105.967 0.051
201906 0.057 106.617 0.069
201909 0.061 107.174 0.074
201912 0.049 107.917 0.059
202003 0.039 108.289 0.047
202006 0.031 106.246 0.038
202009 0.044 107.917 0.053
202012 0.033 108.846 0.039
202103 0.024 109.496 0.028
202106 0.017 110.332 0.020
202109 0.025 111.168 0.029
202112 0.017 112.654 0.019
202203 0.007 115.069 0.008
202206 0.040 117.112 0.044
202209 0.032 119.248 0.035
202212 0.025 121.477 0.027
202303 0.019 123.148 0.020
202306 0.020 124.170 0.021
202309 0.016 125.656 0.016
202312 0.011 126.399 0.011
202403 0.008 127.606 0.008
202406 0.001 128.906 0.001
202409 0.007 129.185 0.007

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.


Sarama Resources  (ASX:SRR) 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.


Sarama Resources Cyclically Adjusted PB Ratio Related Terms

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


Sarama Resources Business Description

Traded in Other Exchanges
Address
245 Churchill Avenue, Suit 8, Subiaco, Perth, WA, AUS, 6008
Sarama Resources Ltd is engaged in the exploration stage and its principal business activity is the sourcing and exploration of mineral properties. Its projects include the Sanutura project, the Karankasso project, and the Koumandara project.

Sarama Resources Headlines

No Headlines