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Resurgere Mines & Minerals India (NSE:RMMIL) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Resurgere Mines & Minerals India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Resurgere Mines & Minerals India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Resurgere Mines & Minerals India'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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Resurgere Mines & Minerals India Cyclically Adjusted PB Ratio Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PB Ratio
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Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
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Competitive Comparison of Resurgere Mines & Minerals India's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India'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.


Resurgere Mines & Minerals India's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Resurgere Mines & Minerals India's Cyclically Adjusted PB Ratio falls into.



Resurgere Mines & Minerals India 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.

Resurgere Mines & Minerals India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar18 is calculated as:

For example, Resurgere Mines & Minerals India's adjusted Book Value per Share data for the fiscal year that ended in Mar18 was:

Adj_Book=Book Value per Share/CPI of Mar18 (Change)*Current CPI (Mar18)
=14.73/109.7864*109.7864
=14.730

Current CPI (Mar18) = 109.7864.

Resurgere Mines & Minerals India Annual Data

Book Value per Share CPI Adj_Book
200903 44.866 56.615 87.004
201003 47.732 65.030 80.583
201103 34.655 70.768 53.762
201203 31.517 76.889 45.002
201303 28.492 85.687 36.505
201403 26.175 91.425 31.432
201503 23.140 97.163 26.146
201603 20.603 102.518 22.064
201703 17.432 105.196 18.193
201803 14.730 109.786 14.730

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.


Resurgere Mines & Minerals India  (NSE:RMMIL) 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.


Resurgere Mines & Minerals India Cyclically Adjusted PB Ratio Related Terms

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Resurgere Mines & Minerals India (NSE:RMMIL) Business Description

Traded in Other Exchanges
N/A
Address
15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.

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