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SLMZF (Bronco Resources) Cyclically Adjusted PB Ratio : 4.60 (As of Sep. 22, 2024)


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What is Bronco Resources Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Bronco Resources's current share price is $0.046. Bronco Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $0.01. Bronco Resources's Cyclically Adjusted PB Ratio for today is 4.60.

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

SLMZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 17.43
Current: 13.94

During the past years, Bronco Resources's highest Cyclically Adjusted PB Ratio was 17.43. The lowest was 0.00. And the median was 0.00.

SLMZF's Cyclically Adjusted PB Ratio is ranked worse than
98.42% of 1587 companies
in the Metals & Mining industry
Industry Median: 0.78 vs SLMZF: 13.94

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.

Bronco Resources's adjusted book value per share data for the three months ended in Apr. 2024 was $0.102. 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 $0.01 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bronco Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bronco 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.

* Premium members only.

Bronco Resources Cyclically Adjusted PB Ratio Chart

Bronco Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.32 1.65 - -

Bronco Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - - 20.91

Competitive Comparison of Bronco Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Bronco 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.


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

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

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



Bronco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.046/0.01
=4.60

* 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.

Bronco Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Bronco Resources's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.102/126.8896*126.8896
=0.102

Current CPI (Apr. 2024) = 126.8896.

Bronco Resources Quarterly Data

Book Value per Share CPI Adj_Book
201407 -0.129 99.315 -0.165
201410 -0.175 99.473 -0.223
201501 -0.207 98.209 -0.267
201504 -0.240 99.710 -0.305
201507 -0.240 100.579 -0.303
201510 -0.270 100.500 -0.341
201601 -0.193 100.184 -0.244
201604 0.039 101.370 0.049
201607 0.000 101.844 0.000
201610 -0.004 102.002 -0.005
201701 -0.010 102.318 -0.012
201704 0.039 103.029 0.048
201707 0.036 103.029 0.044
201710 0.054 103.424 0.066
201801 0.045 104.056 0.055
201804 0.042 105.320 0.051
201807 0.036 106.110 0.043
201810 0.028 105.952 0.034
201901 0.016 105.557 0.019
201904 0.013 107.453 0.015
201907 0.010 108.243 0.012
201910 0.008 107.927 0.009
202001 0.005 108.085 0.006
202004 0.006 107.216 0.007
202007 0.002 108.401 0.002
202010 -0.002 108.638 -0.002
202101 0.053 109.192 0.062
202104 0.050 110.851 0.057
202107 0.105 112.431 0.119
202110 0.103 113.695 0.115
202201 0.123 114.801 0.136
202204 0.121 118.357 0.130
202207 0.115 120.964 0.121
202210 0.107 121.517 0.112
202301 0.110 121.596 0.115
202304 0.107 123.571 0.110
202307 0.110 124.914 0.112
202310 0.105 125.310 0.106
202401 0.105 125.072 0.107
202404 0.102 126.890 0.102

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.


Bronco Resources  (OTCPK:SLMZF) 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.


Bronco Resources Cyclically Adjusted PB Ratio Related Terms

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


Bronco Resources Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2
Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering approximately 8,955 hectares located approximately 35km south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

Bronco Resources Headlines

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