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Salmon River Resources (Salmon River Resources) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Salmon River 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


Salmon River Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Salmon River 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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Salmon River Resources Cyclically Adjusted PB Ratio Chart

Salmon River Resources Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PB Ratio
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Salmon River Resources Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Salmon River Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Salmon River 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.


Salmon River Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Salmon River 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.

Salmon River Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2013 is calculated as:

For example, Salmon River Resources's adjusted Book Value per Share data for the three months ended in Mar. 2013 was:

Adj_Book=Book Value per Share/CPI of Mar. 2013 (Change)*Current CPI (Mar. 2013)
=0.057/97.1030*97.1030
=0.057

Current CPI (Mar. 2013) = 97.1030.

Salmon River Resources Quarterly Data

Book Value per Share CPI Adj_Book
200306 0.054 80.985 0.065
200309 0.053 81.459 0.063
200312 0.050 81.538 0.060
200403 0.043 82.091 0.051
200406 0.032 83.039 0.037
200409 0.032 82.960 0.037
200412 0.037 83.276 0.043
200503 0.036 83.987 0.042
200506 0.032 84.461 0.037
200509 0.052 85.647 0.059
200512 0.049 85.015 0.056
200603 0.059 85.805 0.067
200606 0.058 86.516 0.065
200609 0.055 86.279 0.062
200612 0.050 86.437 0.056
200703 0.047 87.780 0.052
200706 0.052 88.412 0.057
200709 0.084 88.412 0.092
200712 0.079 88.491 0.087
200803 0.074 88.965 0.081
200806 0.066 91.177 0.070
200809 0.064 91.414 0.068
200812 0.022 89.518 0.024
200903 0.019 90.071 0.020
200906 0.018 90.940 0.019
200909 0.014 90.624 0.015
200912 0.010 90.703 0.011
201003 0.007 91.335 0.007
201006 0.010 91.809 0.011
201009 0.049 92.362 0.052
201012 0.050 92.836 0.052
201103 0.064 94.338 0.066
201106 0.059 94.654 0.061
201109 0.052 95.286 0.053
201112 0.079 94.970 0.081
201203 0.078 96.155 0.079
201206 0.073 96.076 0.074
201209 0.074 96.392 0.075
201212 0.067 95.760 0.068
201303 0.057 97.103 0.057

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.


Salmon River Resources  (OTCPK:SALOF) 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.


Salmon River Resources Cyclically Adjusted PB Ratio Related Terms

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Salmon River Resources (Salmon River Resources) Business Description

Traded in Other Exchanges
N/A
Address
An exploration stage Company engaged in the evaluation, acquisition, exploration and development of gold and base metals in British Columbia, Canada, and Idaho, USA.

Salmon River Resources (Salmon River Resources) Headlines

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