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American Rare Earths (NZSE:BPL) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is American Rare Earths Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Rare Earths Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Rare Earths'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.

American Rare Earths Cyclically Adjusted PB Ratio Chart

American Rare Earths 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 - 0.70 2.83 8.57 4.28

American Rare Earths 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 - 8.57 - 4.28 -

Competitive Comparison of American Rare Earths's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, American Rare Earths'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.


American Rare Earths's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Rare Earths's Cyclically Adjusted PB Ratio falls into.



American Rare Earths 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.

American Rare Earths's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, American Rare Earths'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)
=0.334/124.1700*124.1700
=0.334

Current CPI (Jun23) = 124.1700.

American Rare Earths Annual Data

Book Value per Share CPI Adj_Book
201406 0.031 98.352 0.039
201506 0.036 99.838 0.045
201606 0.054 100.859 0.066
201706 0.084 102.809 0.101
201806 0.059 104.945 0.070
201906 0.041 106.617 0.048
202006 0.082 106.246 0.096
202106 0.124 110.332 0.140
202206 0.214 117.112 0.227
202306 0.334 124.170 0.334

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.


American Rare Earths  (NZSE:BPL) 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.


American Rare Earths Cyclically Adjusted PB Ratio Related Terms

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American Rare Earths (NZSE:BPL) Business Description

Traded in Other Exchanges
Address
Level 7, 89 York Street, Suite 706, Sydney, NSW, AUS, 2000
American Rare Earths Ltd is a mining and exploration company. It is focused on the discovery and development of strategic mineral resources. The projects of the company include exploration in the Murray Basin region, Broken Hill region, La Paz Rare Earth project, and the Thackaringa Cobalt Project.

American Rare Earths (NZSE:BPL) Headlines

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