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Admiralty Resources NL (HAM:AHS) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Admiralty Resources NL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Admiralty Resources NL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Admiralty Resources NL'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.

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Admiralty Resources NL Cyclically Adjusted PB Ratio Chart

Admiralty Resources NL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.34 0.78 0.65 0.41

Admiralty Resources NL Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.65 - 0.41 -

Competitive Comparison of Admiralty Resources NL's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Admiralty Resources NL'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.


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

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

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



Admiralty Resources NL 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.

Admiralty Resources NL's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Admiralty Resources NL's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.004/124.1700*124.1700
=0.004

Current CPI (Jun23) = 124.1700.

Admiralty Resources NL Annual Data

Book Value per Share CPI Adj_Book
201406 0.016 98.352 0.020
201506 0.011 99.838 0.014
201606 0.009 100.859 0.011
201706 0.010 102.809 0.012
201806 0.008 104.945 0.009
201906 0.007 106.617 0.008
202006 0.006 106.246 0.007
202106 0.006 110.332 0.007
202206 0.005 117.112 0.005
202306 0.004 124.170 0.004

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.


Admiralty Resources NL  (HAM:AHS) 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.


Admiralty Resources NL Cyclically Adjusted PB Ratio Related Terms

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Admiralty Resources NL (HAM:AHS) Business Description

Traded in Other Exchanges
Address
150 Pacific Highway, Suite 109, Level 1, Sydney, NSW, AUS, 2065
Admiralty Resources NL is a mining company. It is involved in the exploration and development of mineral deposits in Chile and in Australia. The company projects include Admiralty Minerals, Bulman, and Pyke Hill. Its iron ore districts in Chile comprise Harper South, Pampa Tololo, and El Cojin. It also holds interest in La Chulula project, Soberana Project, and Mariposa project.

Admiralty Resources NL (HAM:AHS) Headlines

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