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QQREF (Quebec Rare Earth Elements) Cyclically Adjusted PB Ratio : 0.00 (As of May. 30, 2025)


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What is Quebec Rare Earth Elements Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Quebec Rare Earth Elements's current share price is $0.0355. Quebec Rare Earth Elements's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $8.70. Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio for today is 0.00.

The historical rank and industry rank for Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio or its related term are showing as below:

QQREF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.01
Current: 0.01

During the past years, Quebec Rare Earth Elements's highest Cyclically Adjusted PB Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

QQREF's Cyclically Adjusted PB Ratio is ranked better than
99.93% of 1535 companies
in the Metals & Mining industry
Industry Median: 0.97 vs QQREF: 0.01

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.

Quebec Rare Earth Elements's adjusted book value per share data for the three months ended in Jan. 2025 was $0.080. 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 $8.70 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quebec Rare Earth Elements'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.

Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Chart

Quebec Rare Earth Elements Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.01

Quebec Rare Earth Elements Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - 0.01 0.01 0.01 -

Competitive Comparison of Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Quebec Rare Earth Elements'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.


Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio falls into.


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Quebec Rare Earth Elements 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.

Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0355/8.70
=0.00

* 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.

Quebec Rare Earth Elements's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Quebec Rare Earth Elements's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.08/127.4427*127.4427
=0.080

Current CPI (Jan. 2025) = 127.4427.

Quebec Rare Earth Elements Quarterly Data

Book Value per Share CPI Adj_Book
201504 29.576 99.710 37.802
201507 28.098 100.579 35.603
201510 19.647 100.500 24.914
201601 18.248 100.184 23.213
201604 19.590 101.370 24.629
201607 19.006 101.844 23.783
201610 18.385 102.002 22.971
201701 17.848 102.318 22.231
201704 1.158 103.029 1.432
201707 1.153 103.029 1.426
201710 0.993 103.424 1.224
201801 3.826 104.056 4.686
201804 5.493 105.320 6.647
201807 6.180 106.110 7.422
201810 6.517 105.952 7.839
201901 5.820 105.557 7.027
201904 1.589 107.453 1.885
201907 1.483 108.243 1.746
201910 1.371 107.927 1.619
202001 1.250 108.085 1.474
202004 1.030 107.216 1.224
202007 0.645 108.401 0.758
202010 0.688 108.638 0.807
202101 0.662 109.192 0.773
202104 0.589 110.851 0.677
202107 0.603 112.431 0.684
202110 0.583 113.695 0.653
202201 0.560 114.801 0.622
202204 0.485 118.357 0.522
202207 0.459 120.964 0.484
202210 0.419 121.517 0.439
202301 0.421 121.596 0.441
202304 0.069 123.571 0.071
202307 0.081 124.914 0.083
202310 0.077 125.310 0.078
202401 0.078 125.072 0.079
202404 0.081 126.890 0.081
202407 0.084 128.075 0.084
202410 0.084 127.838 0.084
202501 0.080 127.443 0.080

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.


Quebec Rare Earth Elements  (OTCPK:QQREF) 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.


Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Related Terms

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


Quebec Rare Earth Elements Business Description

Traded in Other Exchanges
Address
410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3
Quebec Rare Earth Elements Corp is a mining exploration and development company focused on Rare Earth Elements (REE), in the favorable mining jurisdiction of Quebec. Its projects are Saguenay Rare Earth Elements Project and Sept-Iles Rare Earth Elements Project.