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Metals Creek Resources (Metals Creek Resources) Cyclically Adjusted PB Ratio : 0.12 (As of Apr. 30, 2024)


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What is Metals Creek Resources Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Metals Creek Resources's current share price is $0.02365. Metals Creek Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.20. Metals Creek Resources's Cyclically Adjusted PB Ratio for today is 0.12.

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

MCREF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.13
Current: 0.11

During the past years, Metals Creek Resources's highest Cyclically Adjusted PB Ratio was 0.13. The lowest was 0.00. And the median was 0.00.

MCREF's Cyclically Adjusted PB Ratio is ranked better than
88.96% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs MCREF: 0.11

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.

Metals Creek Resources's adjusted book value per share data for the three months ended in Dec. 2023 was $0.039. 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 $0.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metals Creek Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metals Creek 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.

Metals Creek Resources Cyclically Adjusted PB Ratio Chart

Metals Creek Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.16 0.48 0.12 0.13

Metals Creek 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 0.12 0.13 0.10 0.10 0.13

Competitive Comparison of Metals Creek Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Metals Creek 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.


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

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

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



Metals Creek 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.

Metals Creek Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02365/0.2
=0.12

* 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.

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

For example, Metals Creek 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)
=0.039/125.4675*125.4675
=0.039

Current CPI (Dec. 2023) = 125.4675.

Metals Creek Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.578 98.604 0.735
201406 0.581 99.473 0.733
201409 0.548 99.394 0.692
201412 0.378 98.367 0.482
201503 0.340 99.789 0.427
201506 0.332 100.500 0.414
201509 0.267 100.421 0.334
201512 0.162 99.947 0.203
201603 0.165 101.054 0.205
201606 0.150 102.002 0.185
201609 0.122 101.765 0.150
201612 0.119 101.449 0.147
201703 0.116 102.634 0.142
201706 0.116 103.029 0.141
201709 0.121 103.345 0.147
201712 0.109 103.345 0.132
201803 0.103 105.004 0.123
201806 0.097 105.557 0.115
201809 0.095 105.636 0.113
201812 0.083 105.399 0.099
201903 0.082 106.979 0.096
201906 0.079 107.690 0.092
201909 0.077 107.611 0.090
201912 0.075 107.769 0.087
202003 0.068 107.927 0.079
202006 0.075 108.401 0.087
202009 0.076 108.164 0.088
202012 0.072 108.559 0.083
202103 0.075 110.298 0.085
202106 0.081 111.720 0.091
202109 0.076 112.905 0.084
202112 0.079 113.774 0.087
202203 0.079 117.646 0.084
202206 0.075 120.806 0.078
202209 0.071 120.648 0.074
202212 0.046 120.964 0.048
202303 0.044 122.702 0.045
202306 0.043 124.203 0.043
202309 0.040 125.230 0.040
202312 0.039 125.468 0.039

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.


Metals Creek Resources  (OTCPK:MCREF) 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.


Metals Creek Resources Cyclically Adjusted PB Ratio Related Terms

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


Metals Creek Resources (Metals Creek Resources) Business Description

Traded in Other Exchanges
Address
No.329-1100 Memorial Ave, Thunder Bay, ON, CAN, P7B 4A3
Metals Creek Resources Corp is an exploration stage company engaged in the exploration of mineral resource properties. Its activities include prospecting, sampling, geological mapping and geophysical surveying, trenching, and diamond drilling. The company's project portfolio includes Ogden, Dona Lake and others.

Metals Creek Resources (Metals Creek Resources) Headlines

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