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Glacier Lake Resources (Glacier Lake Resources) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Glacier Lake 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


Glacier Lake Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glacier Lake 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.

Glacier Lake Resources Cyclically Adjusted PB Ratio Chart

Glacier Lake Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.49 - - -

Glacier Lake 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 - - - - -

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

For the Other Industrial Metals & Mining subindustry, Glacier Lake 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.


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

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

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



Glacier Lake 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.

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

For example, Glacier Lake 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)
=-0.006/125.0724*125.0724
=-0.006

Current CPI (Dec. 2023) = 125.0724.

Glacier Lake Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 -24.631 98.604 -31.243
201406 -27.152 99.473 -34.139
201409 -21.882 99.394 -27.535
201412 -22.592 98.367 -28.725
201503 -20.928 99.789 -26.230
201506 -21.416 100.500 -26.652
201509 -20.018 100.421 -24.932
201512 0.237 99.947 0.297
201603 0.191 101.054 0.236
201606 0.150 102.002 0.184
201609 0.092 101.765 0.113
201612 0.029 101.449 0.036
201703 0.644 102.634 0.785
201706 0.529 103.029 0.642
201709 0.432 103.345 0.523
201712 0.970 103.345 1.174
201803 0.982 105.004 1.170
201806 0.894 105.557 1.059
201809 0.670 105.636 0.793
201812 0.084 105.399 0.100
201903 -0.175 106.979 -0.205
201906 -0.281 107.690 -0.326
201909 -0.394 107.611 -0.458
201912 -0.193 107.769 -0.224
202003 0.035 107.927 0.041
202006 0.031 108.401 0.036
202009 0.024 108.164 0.028
202012 0.020 108.559 0.023
202103 0.013 110.298 0.015
202106 0.062 111.720 0.069
202109 0.054 112.905 0.060
202112 0.048 113.774 0.053
202203 0.032 117.646 0.034
202206 0.025 120.806 0.026
202209 0.020 120.648 0.021
202212 0.014 120.964 0.014
202303 0.009 122.702 0.009
202306 0.004 124.203 0.004
202309 -0.001 125.230 -0.001
202312 -0.006 125.072 -0.006

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.


Glacier Lake Resources  (OTCPK:GLIIF) 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.


Glacier Lake Resources Cyclically Adjusted PB Ratio Related Terms

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Glacier Lake Resources (Glacier Lake Resources) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Glacier Lake Resources Inc is a resource exploration company. It is engaged in acquiring and exploring resource properties in Canada. Its projects includes the Silver Vista Property and Silver Star Property in British Columbia.

Glacier Lake Resources (Glacier Lake Resources) Headlines

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