SLMLF (Apex Resources) Cyclically Adjusted PB Ratio: 0.31 (As of Jul. 06, 2026)


What is Apex Resources Cyclically Adjusted PB Ratio?

Apex Resources SLMLF -1.23% Cyclically Adjusted PB Ratio is 0.31 as of Jul. 06, 2026. Among 1,546 Metals & Mining companies, Apex Resources ranks better than 84.73% on this metric.

As of today (2026-07-06), Apex Resources's current share price is $0.0403. Apex Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $0.13. Apex Resources's Cyclically Adjusted PB Ratio for today is 0.31.

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

SLMLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.26
Current: 0.26

During the past years, Apex Resources's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.00. And the median was 0.00.

SLMLF's Cyclically Adjusted PB Ratio is ranked better than
84.73% of 1546 companies
in the Metals & Mining industry
Industry Median: 1.54 vs SLMLF: 0.26

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.

Apex Resources's adjusted book value per share data for the three months ended in Dec. 2025 was $0.042. 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 $0.13 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Resources  (OTCPK:SLMLF) 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.


Apex Resources Cyclically Adjusted PB Ratio Related Terms


Apex Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apex 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.

Apex Resources Cyclically Adjusted PB Ratio Chart

Apex Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.15 0.26 0.32 0.34

Apex Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.32 0.32 0.36 0.36 0.34

Apex Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Apex 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.


Apex Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Apex 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.

Apex Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0403/0.13
=0.31

* 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.

Apex Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Apex Resources's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.042/130.3700*130.3700
=0.042

Current CPI (Dec. 2025) = 130.3700.

Apex Resources Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.180 101.054 0.232
201606 0.179 102.002 0.229
201609 0.167 101.765 0.214
201612 0.184 101.449 0.236
201703 0.177 102.634 0.225
201706 0.187 103.029 0.237
201709 0.188 103.345 0.237
201712 0.194 103.345 0.245
201803 0.182 105.004 0.226
201806 0.169 105.557 0.209
201809 0.178 105.636 0.220
201812 0.162 105.399 0.200
201903 0.154 106.979 0.188
201906 0.148 107.690 0.179
201909 0.138 107.611 0.167
201912 0.133 107.769 0.161
202003 0.123 107.927 0.149
202006 0.123 108.401 0.148
202009 0.098 108.164 0.118
202012 0.100 108.559 0.120
202103 0.098 110.298 0.116
202106 0.117 111.720 0.137
202109 0.104 112.905 0.120
202112 0.087 113.774 0.100
202203 0.070 117.646 0.078
202206 0.066 120.806 0.071
202209 0.062 120.648 0.067
202212 0.058 120.964 0.063
202303 0.055 122.702 0.058
202306 0.055 124.203 0.058
202309 0.051 125.230 0.053
202312 0.052 125.072 0.054
202403 0.051 126.258 0.053
202406 0.050 127.522 0.051
202409 0.049 127.285 0.050
202412 0.046 127.364 0.047
202503 0.044 129.181 0.044
202506 0.045 129.892 0.045
202509 0.043 130.290 0.043
202512 0.042 130.370 0.042

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.

What does a Cyclically Adjusted PB Ratio of 0.31 mean?
Apex Resources (SLMLF) has a Cyclically Adjusted PB Ratio of 0.31 as of Jul. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Apex Resources and its competitors. According to the industry distribution chart, Apex Resources ranks #236 out of 1546 companies in the Metals & Mining industry, placing it in the top 15.3%.
Is Apex Resources' Cyclically Adjusted PB Ratio too high?
Apex Resources' current Cyclically Adjusted PB Ratio is 0.31. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Apex Resources' value of 0.31 is 79.9% below this industry median. Based on the distribution chart, Apex Resources ranks #236 out of 1546 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Apex Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Apex Resources ranks #236 out of 1546 companies for Cyclically Adjusted PB Ratio. This places Apex Resources in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.54. Apex Resources' value of 0.31 is 79.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.54, based on 1,546 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apex Resources's current Cyclically Adjusted PB Ratio of 0.31 is 79.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Apex Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Resources's current Cyclically Adjusted PB Ratio is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Resources stock overvalued right now?
Apex Resources (SLMLF) has a current Cyclically Adjusted PB Ratio of 0.31. The current Cyclically Adjusted PB Ratio is 0.31 and 79.9% below the Metals & Mining industry median of 1.54. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Apex Resources (SLMLF), the current Cyclically Adjusted PB Ratio is 0.31 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Apex Resources Business Description

Other Exchanges RZN1:GermanyAPX:Canada
Address 625 Howe Street, Suite 615, Vancouver, BC, CAN, V6C 2T6
Apex Resources Inc is in the exploration stage, and its principal business activity is the exploration and evaluation of mineral properties in Canada and USA. The company is in the process of exploring and evaluating its mineral properties. The company has interests in the Lithium Creek Project, the Jersey-Emerald property, and Ore Hill.