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Lake Winn Resources (Lake Winn Resources) Cyclically Adjusted PB Ratio : 0.03 (As of May. 21, 2024)


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What is Lake Winn Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Lake Winn Resources's current share price is $0.01. Lake Winn Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.39. Lake Winn Resources's Cyclically Adjusted PB Ratio for today is 0.03.

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

EQTXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.2
Current: 0.12

During the past years, Lake Winn Resources's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.00. And the median was 0.00.

EQTXF's Cyclically Adjusted PB Ratio is ranked better than
87.75% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.905 vs EQTXF: 0.12

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.

Lake Winn Resources's adjusted book value per share data for the three months ended in Dec. 2023 was $-0.005. 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 $0.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lake Winn Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lake Winn 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.

Lake Winn Resources Cyclically Adjusted PB Ratio Chart

Lake Winn 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 - 0.57 0.21 0.25 0.10

Lake Winn Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.20 0.22 0.13 0.10

Competitive Comparison of Lake Winn Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Lake Winn 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.


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

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

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



Lake Winn 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.01/0.39
=0.03

* 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.

Lake Winn Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lake Winn Resources's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.005/125.0724*125.0724
=-0.005

Current CPI (Dec. 2023) = 125.0724.

Lake Winn Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.713 98.604 0.904
201406 0.637 99.473 0.801
201409 0.606 99.394 0.763
201412 0.727 98.367 0.924
201503 0.590 99.789 0.739
201506 0.562 100.500 0.699
201509 0.517 100.421 0.644
201512 0.592 99.947 0.741
201603 0.322 101.054 0.399
201606 0.306 102.002 0.375
201609 0.315 101.765 0.387
201612 0.312 101.449 0.385
201703 0.139 102.634 0.169
201706 0.107 103.029 0.130
201709 0.141 103.345 0.171
201712 0.117 103.345 0.142
201803 0.105 105.004 0.125
201806 0.116 105.557 0.137
201809 0.096 105.636 0.114
201812 0.035 105.399 0.042
201903 0.030 106.979 0.035
201906 0.044 107.690 0.051
201909 0.035 107.611 0.041
201912 0.027 107.769 0.031
202003 0.021 107.927 0.024
202006 0.018 108.401 0.021
202009 0.018 108.164 0.021
202012 0.023 108.559 0.026
202103 0.010 110.298 0.011
202106 0.007 111.720 0.008
202109 0.004 112.905 0.004
202112 0.002 113.774 0.002
202203 0.000 117.646 0.000
202206 -0.002 120.806 -0.002
202209 -0.003 120.648 -0.003
202212 0.005 120.964 0.005
202303 0.004 122.702 0.004
202306 0.002 124.203 0.002
202309 -0.001 125.230 -0.001
202312 -0.005 125.072 -0.005

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.


Lake Winn Resources  (OTCPK:EQTXF) 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.


Lake Winn Resources Cyclically Adjusted PB Ratio Related Terms

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


Lake Winn Resources (Lake Winn Resources) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Lake Winn Resources Corp is a gold company focusing on the exploration and development of gold properties in Canada. The company has a purchase agreement to acquire 100% of its flagship Cloud property located in the province of Manitoba, approximately 40 kilometers northeast of the town of Flin?Flon. Access to the property is provided by Manitoba highway 10 to the all?weather Kississing Lake Road. It operates in one reportable operating segment, which is the acquisition and development of exploration and evaluation assets in Canada.

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