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Starcore International Mines (FRA:V4JA) Cyclically Adjusted PB Ratio : 0.13 (As of May. 16, 2024)


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What is Starcore International Mines Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Starcore International Mines's current share price is €0.089. Starcore International Mines's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2023 was €0.69. Starcore International Mines's Cyclically Adjusted PB Ratio for today is 0.13.

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

FRA:V4JA's Cyclically Adjusted PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.855
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Starcore International Mines's adjusted book value per share data for the three months ended in Jan. 2023 was €0.477. 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 €0.69 for the trailing ten years ended in Jan. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starcore International Mines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Starcore International Mines'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.

Starcore International Mines Cyclically Adjusted PB Ratio Chart

Starcore International Mines Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.07 0.08 0.21 0.18

Starcore International Mines Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.21 0.18 0.20 0.13 0.18

Competitive Comparison of Starcore International Mines's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.


Starcore International Mines's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Starcore International Mines's Cyclically Adjusted PB Ratio falls into.



Starcore International Mines 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.

Starcore International Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.089/0.69
=0.13

* 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.

Starcore International Mines's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2023 is calculated as:

For example, Starcore International Mines's adjusted Book Value per Share data for the three months ended in Jan. 2023 was:

Adj_Book=Book Value per Share/CPI of Jan. 2023 (Change)*Current CPI (Jan. 2023)
=0.477/121.5960*121.5960
=0.477

Current CPI (Jan. 2023) = 121.5960.

Starcore International Mines Quarterly Data

Book Value per Share CPI Adj_Book
201304 0.796 96.945 0.998
201307 0.865 97.261 1.081
201310 0.891 97.182 1.115
201401 0.914 97.261 1.143
201404 0.911 98.920 1.120
201407 0.912 99.315 1.117
201410 0.909 99.473 1.111
201501 0.978 98.209 1.211
201504 0.980 99.710 1.195
201507 0.969 100.579 1.171
201510 0.861 100.500 1.042
201601 0.793 100.184 0.962
201604 0.000 101.370 0.000
201607 0.837 101.844 0.999
201610 0.803 102.002 0.957
201701 0.778 102.318 0.925
201704 0.917 103.029 1.082
201707 0.828 103.029 0.977
201710 0.809 103.424 0.951
201801 0.697 104.056 0.814
201804 0.633 105.320 0.731
201807 0.647 106.110 0.741
201810 0.554 105.952 0.636
201901 0.531 105.557 0.612
201904 0.523 107.453 0.592
201907 0.519 108.243 0.583
201910 0.508 107.927 0.572
202001 0.513 108.085 0.577
202004 0.492 107.216 0.558
202007 0.490 108.401 0.550
202010 0.506 108.638 0.566
202101 0.498 109.192 0.555
202104 0.489 110.851 0.536
202107 0.507 112.431 0.548
202110 0.518 113.695 0.554
202201 0.528 114.801 0.559
202204 0.592 118.357 0.608
202207 0.555 120.964 0.558
202210 0.549 121.517 0.549
202301 0.477 121.596 0.477

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.


Starcore International Mines  (FRA:V4JA) 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.


Starcore International Mines Cyclically Adjusted PB Ratio Related Terms

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Starcore International Mines (FRA:V4JA) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (FRA:V4JA) Headlines

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