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Waseco Resources (FRA:WSE) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Waseco Resources Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waseco Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Waseco 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.

Waseco Resources Cyclically Adjusted PB Ratio Chart

Waseco Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 - - - -

Waseco Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

Competitive Comparison of Waseco Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Waseco 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.


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

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

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



Waseco 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.

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

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

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.011/125.4675*125.4675
=-0.011

Current CPI (Nov. 2023) = 125.4675.

Waseco Resources Quarterly Data

Book Value per Share CPI Adj_Book
201402 -0.004 98.051 -0.005
201405 -0.006 99.394 -0.008
201408 -0.007 99.315 -0.009
201411 -0.008 99.078 -0.010
201502 -0.010 99.078 -0.013
201505 -0.011 100.263 -0.014
201508 -0.007 100.579 -0.009
201511 -0.009 100.421 -0.011
201602 -0.009 100.421 -0.011
201605 -0.010 101.765 -0.012
201608 -0.009 101.686 -0.011
201611 -0.006 101.607 -0.007
201702 -0.009 102.476 -0.011
201705 -0.009 103.108 -0.011
201708 -0.009 103.108 -0.011
201711 -0.010 103.740 -0.012
201802 -0.010 104.688 -0.012
201805 -0.011 105.399 -0.013
201808 -0.012 106.031 -0.014
201811 -0.013 105.478 -0.015
201902 -0.015 106.268 -0.018
201905 -0.015 107.927 -0.017
201908 -0.014 108.085 -0.016
201911 -0.015 107.769 -0.017
202002 -0.015 108.559 -0.017
202005 -0.015 107.532 -0.018
202008 -0.013 108.243 -0.015
202011 -0.013 108.796 -0.015
202102 -0.013 109.745 -0.015
202105 -0.014 111.404 -0.016
202108 -0.014 112.668 -0.016
202111 -0.014 113.932 -0.015
202202 -0.010 115.986 -0.011
202205 -0.015 120.016 -0.016
202208 -0.016 120.569 -0.017
202211 -0.016 121.675 -0.016
202302 -0.011 122.070 -0.011
202305 -0.011 124.045 -0.011
202308 -0.011 125.389 -0.011
202311 -0.011 125.468 -0.011

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.


Waseco Resources  (FRA:WSE) 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.


Waseco Resources Cyclically Adjusted PB Ratio Related Terms

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Waseco Resources (FRA:WSE) Business Description

Traded in Other Exchanges
Address
C/o Richard Williams, 2 Queen Street East, Suite 1500, Toronto, ON, CAN, M5C 3G5
Waseco Resources Inc is an exploration and development stage company, which engages in the acquisition and development of mineral properties. Geographically, it operates in Canada and the United States. It owns interests in Quebec Labrador Trough; James Bay Lowlands and Battle Mountain Ridge, Nevada.

Waseco Resources (FRA:WSE) Headlines

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