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Teck Resources (MEX:TECK N) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 28, 2025)


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What is Teck Resources Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Teck Resources's current share price is MXN868.53. Teck Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN769.78. Teck Resources's Cyclically Adjusted PB Ratio for today is 1.13.

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

MEX:TECK N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.95   Max: 1.64
Current: 1.2

During the past years, Teck Resources's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.17. And the median was 0.95.

MEX:TECK N's Cyclically Adjusted PB Ratio is ranked worse than
53.4% of 1558 companies
in the Metals & Mining industry
Industry Median: 0.97 vs MEX:TECK N: 1.20

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.

Teck Resources's adjusted book value per share data for the three months ended in Mar. 2025 was MXN735.490. 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 MXN769.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teck Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Teck 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.

Teck Resources Cyclically Adjusted PB Ratio Chart

Teck Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.96 1.24 1.28 1.28

Teck Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.39 1.45 1.56 1.28 1.13

Competitive Comparison of Teck Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Teck 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.


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

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

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


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Teck 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=868.53/769.78
=1.13

* 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.

Teck Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Teck Resources's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=735.49/129.1809*129.1809
=735.490

Current CPI (Mar. 2025) = 129.1809.

Teck Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 413.952 100.500 532.084
201509 371.944 100.421 478.464
201512 357.014 99.947 461.437
201603 370.564 101.054 473.707
201606 407.140 102.002 515.626
201609 425.998 101.765 540.766
201612 482.440 101.449 614.322
201703 439.229 102.634 552.840
201706 434.755 103.029 545.111
201709 485.203 103.345 606.504
201712 532.582 103.345 665.728
201803 506.405 105.004 623.003
201806 553.533 105.557 677.415
201809 558.217 105.636 682.636
201812 585.989 105.399 718.210
201903 595.388 106.979 718.951
201906 596.442 107.690 715.468
201909 629.702 107.611 755.919
201912 557.481 107.769 668.241
202003 671.368 107.927 803.577
202006 667.543 108.401 795.505
202009 653.255 108.164 780.184
202012 585.901 108.559 697.196
202103 623.115 110.298 729.794
202106 628.977 111.720 727.282
202109 655.498 112.905 749.992
202112 690.156 113.774 783.615
202203 695.440 117.646 763.629
202206 754.842 120.806 807.172
202209 742.363 120.648 794.868
202212 711.607 120.964 759.946
202303 673.808 122.702 709.386
202306 655.737 124.203 682.016
202309 668.868 125.230 689.968
202312 660.051 125.072 681.733
202403 619.763 126.258 634.113
202406 681.949 127.522 690.822
202409 703.534 127.285 714.015
202412 753.901 127.364 764.658
202503 735.490 129.181 735.490

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.


Teck Resources  (MEX:TECK N) 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.


Teck Resources Cyclically Adjusted PB Ratio Related Terms

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


Teck Resources Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024.

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