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Campbell Resources (Campbell Resources) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is Campbell Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Campbell Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Campbell 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.

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Campbell Resources Cyclically Adjusted PB Ratio Chart

Campbell Resources Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cyclically Adjusted PB Ratio
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Campbell Resources Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of Campbell Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Campbell 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.


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

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

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



Campbell 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.

Campbell Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2008 is calculated as:

For example, Campbell Resources's adjusted Book Value per Share data for the three months ended in Sep. 2008 was:

Adj_Book=Book Value per Share/CPI of Sep. 2008 (Change)*Current CPI (Sep. 2008)
=-0.05/91.4143*91.4143
=-0.050

Current CPI (Sep. 2008) = 91.4143.

Campbell Resources Quarterly Data

Book Value per Share CPI Adj_Book
199812 0.365 72.136 0.463
199903 0.359 72.689 0.451
199906 0.357 73.400 0.445
199909 0.327 73.953 0.404
199912 0.327 74.032 0.404
200003 0.325 74.901 0.397
200006 3.026 75.454 3.666
200009 2.729 75.928 3.286
200012 0.561 76.402 0.671
200103 0.470 76.719 0.560
200106 0.472 77.983 0.553
200109 0.448 77.904 0.526
200112 0.430 76.956 0.511
200203 0.407 78.141 0.476
200206 0.519 78.931 0.601
200209 0.330 79.721 0.378
200212 0.350 79.879 0.401
200303 0.310 81.459 0.348
200306 0.301 80.985 0.340
200309 0.218 81.459 0.245
200312 0.402 81.538 0.451
200403 0.452 82.091 0.503
200406 0.428 83.039 0.471
200409 0.381 82.960 0.420
200412 0.418 83.276 0.459
200503 0.398 83.987 0.433
200506 0.394 84.461 0.426
200509 0.406 85.647 0.433
200512 0.243 85.015 0.261
200603 0.225 85.805 0.240
200606 0.220 86.516 0.232
200609 0.082 86.279 0.087
200612 0.030 86.437 0.032
200703 0.027 87.780 0.028
200706 0.035 88.412 0.036
200709 0.027 88.412 0.028
200712 0.014 88.491 0.014
200803 0.006 88.965 0.006
200806 0.006 91.177 0.006
200809 -0.050 91.414 -0.050

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.


Campbell Resources  (OTCPK:CBLRF) 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.


Campbell Resources Cyclically Adjusted PB Ratio Related Terms

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Campbell Resources (Campbell Resources) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rue University, Suite 1405, Montreal, QC, CAN, H3B 3A7
Campbell Resources Inc is a junior mining company that operates gold and copper mines and owns a number of additional exploration properties.

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