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CSRNF (Canstar Resources) Cyclically Adjusted PB Ratio : 0.40 (As of May. 30, 2025)


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What is Canstar Resources Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Canstar Resources's current share price is $0.0397. Canstar Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.10. Canstar Resources's Cyclically Adjusted PB Ratio for today is 0.40.

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

CSRNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.31
Current: 0.31

During the past years, Canstar Resources's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.00. And the median was 0.00.

CSRNF's Cyclically Adjusted PB Ratio is ranked better than
74.59% of 1535 companies
in the Metals & Mining industry
Industry Median: 0.97 vs CSRNF: 0.31

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.

Canstar Resources's adjusted book value per share data for the three months ended in Dec. 2024 was $0.001. 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 $0.10 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canstar Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Canstar 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.

Canstar Resources Cyclically Adjusted PB Ratio Chart

Canstar 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 0.40 2.16 0.54 0.21 0.15

Canstar Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.20 0.23 0.15 0.27 0.25

Competitive Comparison of Canstar Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Canstar 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.


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

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

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


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Canstar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0397/0.10
=0.40

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.001/127.3637*127.3637
=0.001

Current CPI (Dec. 2024) = 127.3637.

Canstar Resources Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.123 99.789 0.157
201506 0.123 100.500 0.156
201509 0.112 100.421 0.142
201512 0.112 99.947 0.143
201603 0.115 101.054 0.145
201606 0.119 102.002 0.149
201609 0.141 101.765 0.176
201612 0.135 101.449 0.169
201703 0.131 102.634 0.163
201706 0.130 103.029 0.161
201709 0.139 103.345 0.171
201712 0.131 103.345 0.161
201803 0.127 105.004 0.154
201806 0.078 105.557 0.094
201809 0.155 105.636 0.187
201812 0.151 105.399 0.182
201903 0.150 106.979 0.179
201906 0.132 107.690 0.156
201909 0.132 107.611 0.156
201912 0.133 107.769 0.157
202003 0.117 107.927 0.138
202006 0.119 108.401 0.140
202009 0.118 108.164 0.139
202012 0.135 108.559 0.158
202103 0.136 110.298 0.157
202106 0.140 111.720 0.160
202109 0.135 112.905 0.152
202112 0.150 113.774 0.168
202203 0.150 117.646 0.162
202206 0.041 120.806 0.043
202209 0.089 120.648 0.094
202212 0.088 120.964 0.093
202303 0.086 122.702 0.089
202306 0.005 124.203 0.005
202309 0.004 125.230 0.004
202312 0.002 125.072 0.002
202403 0.004 126.258 0.004
202406 0.002 127.522 0.002
202409 0.001 127.285 0.001
202412 0.001 127.364 0.001

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.


Canstar Resources  (OTCPK:CSRNF) 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.


Canstar Resources Cyclically Adjusted PB Ratio Related Terms

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


Canstar Resources Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has interest in the Golden Baie Project in south-central Newfoundland and Buchans-Mary March project and other mineral exploration properties in Newfoundland.