Skeena Resources (FRA:RXF) Cyclically Adjusted PB Ratio : 4.82 (As of Jun. 20, 2024)

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What is Skeena Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Skeena Resources's current share price is €4.388. Skeena Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.91. Skeena Resources's Cyclically Adjusted PB Ratio for today is 4.82.

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

FRA:RXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 5.11
Current: 4.54

During the past years, Skeena Resources's highest Cyclically Adjusted PB Ratio was 5.11. The lowest was 0.00. And the median was 0.00.

FRA:RXF's Cyclically Adjusted PB Ratio is ranked worse than
89.48% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs FRA:RXF: 4.54

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.

Skeena Resources's adjusted book value per share data for the three months ended in Mar. 2024 was €0.763. 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 €0.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Skeena Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skeena 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.

Skeena Resources Cyclically Adjusted PB Ratio Chart

Skeena Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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1.80

9.57

9.77

5.71

4.65

Skeena Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															6.39	4.76	4.53	4.65	4.40

Competitive Comparison of Skeena Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Skeena 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.

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

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

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

Skeena 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.

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

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	4.388	/	0.91
	=	4.82

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

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

Adj_Book	=	Book Value per Share	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	0.763	/	126.2576	*	126.2576
	=	0.763

Current CPI (Mar. 2024) = 126.2576.

Skeena Resources Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	-0.647	99.473	-0.821
201409	-1.155	99.394	-1.467
201412	1.310	98.367	1.681
201503	1.300	99.789	1.645
201506	1.315	100.500	1.652
201509	0.753	100.421	0.947
201512	0.853	99.947	1.078
201603	0.794	101.054	0.992
201606	1.118	102.002	1.384
201609	1.090	101.765	1.352
201612	1.077	101.449	1.340
201703	0.998	102.634	1.228
201706	0.936	103.029	1.147
201709	0.822	103.345	1.004
201712	0.761	103.345	0.930
201803	0.775	105.004	0.932
201806	0.669	105.557	0.800
201809	0.586	105.636	0.700
201812	0.497	105.399	0.595
201903	0.462	106.979	0.545
201906	0.439	107.690	0.515
201909	0.334	107.611	0.392
201912	0.235	107.769	0.275
202003	0.303	107.927	0.354
202006	0.585	108.401	0.681
202009	0.319	108.164	0.372
202012	1.290	108.559	1.500
202103	1.175	110.298	1.345
202106	1.556	111.720	1.758
202109	1.333	112.905	1.491
202112	1.306	113.774	1.449
202203	1.453	117.646	1.559
202206	1.347	120.806	1.408
202209	1.336	120.648	1.398
202212	1.228	120.964	1.282
202303	1.085	122.702	1.116
202306	1.397	124.203	1.420
202309	1.100	125.230	1.109
202312	0.943	125.072	0.952
202403	0.763	126.258	0.763

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.

Skeena Resources (FRA:RXF) 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.

Skeena Resources Cyclically Adjusted PB Ratio Related Terms

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

Skeena Resources (FRA:RXF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Skeena Resources Ltd (FRA:RXF) » Definitions » Cyclically Adjusted PB Ratio

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SKE:USA SKE:Canada

Address

1021 West Hastings Street, Suite 650, Vancouver, BC, CAN, V6E 0C3

Website

https://www.skeenaresources.com

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.

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