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Silver Bull Resources (LTS:0L6M) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 10, 2024)


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What is Silver Bull Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Silver Bull Resources's current share price is C$0.175. Silver Bull Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.54. Silver Bull Resources's Cyclically Adjusted PB Ratio for today is 0.32.

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

LTS:0L6M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.26
Current: 0.19

During the past years, Silver Bull Resources's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.00. And the median was 0.00.

LTS:0L6M's Cyclically Adjusted PB Ratio is ranked better than
81.77% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs LTS:0L6M: 0.19

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.

Silver Bull Resources's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.155. 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 C$0.54 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Bull Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silver Bull 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.

Silver Bull Resources Cyclically Adjusted PB Ratio Chart

Silver Bull Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.51 0.53 0.16 0.14

Silver Bull Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.23 0.25 0.16 0.14 0.22

Competitive Comparison of Silver Bull Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Silver Bull 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.


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

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

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



Silver Bull 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.175/0.54
=0.32

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.155/125.0724*125.0724
=0.155

Current CPI (Jan. 2024) = 125.0724.

Silver Bull Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.642 98.920 2.076
201407 1.566 99.315 1.972
201410 1.543 99.473 1.940
201501 1.630 98.209 2.076
201504 1.628 99.710 2.042
201507 1.658 100.579 2.062
201510 0.578 100.500 0.719
201601 0.595 100.184 0.743
201604 0.520 101.370 0.642
201607 0.510 101.844 0.626
201610 0.509 102.002 0.624
201701 0.473 102.318 0.578
201704 0.451 103.029 0.547
201707 0.409 103.029 0.497
201710 0.376 103.424 0.455
201801 0.273 104.056 0.328
201804 0.303 105.320 0.360
201807 0.453 106.110 0.534
201810 0.425 105.952 0.502
201901 0.441 105.557 0.523
201904 0.488 107.453 0.568
201907 0.428 108.243 0.495
201910 0.382 107.927 0.443
202001 0.395 108.085 0.457
202004 0.409 107.216 0.477
202007 0.374 108.401 0.432
202010 0.362 108.638 0.417
202101 0.321 109.192 0.368
202104 0.294 110.851 0.332
202107 0.270 112.431 0.300
202110 0.291 113.695 0.320
202201 0.283 114.801 0.308
202204 0.199 118.357 0.210
202207 0.206 120.964 0.213
202210 0.229 121.517 0.236
202301 0.213 121.596 0.219
202304 0.196 123.571 0.198
202307 0.175 124.914 0.175
202310 0.162 125.310 0.162
202401 0.155 125.072 0.155

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.


Silver Bull Resources  (LTS:0L6M) 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.


Silver Bull Resources Cyclically Adjusted PB Ratio Related Terms

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


Silver Bull Resources (LTS:0L6M) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1605, Vancouver, BC, CAN, V7Y 1G6
Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and Kazakhstan.

Silver Bull Resources (LTS:0L6M) Headlines

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