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Sterling Metals (Sterling Metals) Cyclically Adjusted PB Ratio : 0.01 (As of Apr. 30, 2024)


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What is Sterling Metals Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Sterling Metals's current share price is $0.044. Sterling Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.22. Sterling Metals's Cyclically Adjusted PB Ratio for today is 0.01.

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

SAGGF' 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, Sterling Metals's highest Cyclically Adjusted PB Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

SAGGF's Cyclically Adjusted PB Ratio is ranked better than
99.94% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs SAGGF: 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.

Sterling Metals's adjusted book value per share data for the three months ended in Dec. 2023 was $0.114. 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 $4.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterling Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sterling Metals'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.

Sterling Metals Cyclically Adjusted PB Ratio Chart

Sterling Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.06 0.04 0.04 0.01

Sterling Metals Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Sep23 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 0.04 0.04 0.04 0.01 0.01

Competitive Comparison of Sterling Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Sterling Metals'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.


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

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

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



Sterling Metals 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.

Sterling Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.044/4.22
=0.01

* 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.

Sterling Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sterling Metals's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.114/125.4675*125.4675
=0.114

Current CPI (Dec. 2023) = 125.4675.

Sterling Metals Quarterly Data

Book Value per Share CPI Adj_Book
201309 16.786 97.419 21.619
201312 15.971 96.945 20.670
201403 16.535 98.604 21.040
201406 15.295 99.473 19.292
201409 14.245 99.394 17.982
201412 13.426 98.367 17.125
201503 12.726 99.789 16.001
201506 11.029 100.500 13.769
201509 10.238 100.421 12.791
201512 4.407 99.947 5.532
201603 4.344 101.054 5.393
201606 3.478 102.002 4.278
201609 2.198 101.765 2.710
201612 2.092 101.449 2.587
201703 2.040 102.634 2.494
201706 1.739 103.029 2.118
201709 1.787 103.345 2.170
201712 1.328 103.345 1.612
201803 1.303 105.004 1.557
201806 -0.158 105.557 -0.188
201809 0.012 105.636 0.014
201812 -0.005 105.399 -0.006
201903 -0.009 106.979 -0.011
201906 -0.013 107.690 -0.015
201909 -0.017 107.611 -0.020
201912 -0.019 107.769 -0.022
202003 -0.024 107.927 -0.028
202006 -0.030 108.401 -0.035
202009 0.023 108.164 0.027
202012 0.122 108.559 0.141
202103 0.154 110.298 0.175
202106 0.159 111.720 0.179
202109 0.148 112.905 0.164
202112 0.143 113.774 0.158
202203 0.142 117.646 0.151
202206 0.139 120.806 0.144
202209 0.131 120.648 0.136
202212 0.128 120.964 0.133
202309 0.114 125.230 0.114
202312 0.114 125.468 0.114

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.


Sterling Metals  (OTCPK:SAGGF) 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.


Sterling Metals Cyclically Adjusted PB Ratio Related Terms

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


Sterling Metals (Sterling Metals) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Sterling Metals Corp is engaged in the exploration and development of resource properties. Its project includes the Sail Pond project, located on Newfoundland's Great Northern Peninsula, eastern Canada.