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Polo Resources (Polo Resources) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Polo Resources 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


Polo Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Polo 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.

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Polo Resources Cyclically Adjusted PB Ratio Chart

Polo Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Cyclically Adjusted PB Ratio
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Polo Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Polo Resources's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Polo 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.


Polo Resources's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polo Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Polo 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.

Polo Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun19 is calculated as:

For example, Polo Resources's adjusted Book Value per Share data for the fiscal year that ended in Jun19 was:

Adj_Book=Book Value per Share/CPI of Jun19 (Change)*Current CPI (Jun19)
=0.193/108.0695*108.0695
=0.193

Current CPI (Jun19) = 108.0695.

Polo Resources Annual Data

Book Value per Share CPI Adj_Book
201006 1.297 91.962 1.524
201106 0.989 95.235 1.122
201206 0.638 96.819 0.712
201306 0.601 98.518 0.659
201406 0.524 100.560 0.563
201506 0.284 100.684 0.305
201606 0.178 101.688 0.189
201706 0.162 103.349 0.169
201806 0.204 106.317 0.207
201906 0.193 108.070 0.193

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.


Polo Resources  (GREY:POLJF) 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.


Polo Resources Cyclically Adjusted PB Ratio Related Terms

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Polo Resources (Polo Resources) Business Description

Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, Tortola, Road Town, VIR, 1110
Polo Resources Ltd is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo aims to build a diversified portfolio of mineral and hydrocarbon assets as offering substantial growth potential, pursuing both short and long-term value-enhancing investments. It invests in natural resources globally and across sectors in Asia Pacific.

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