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Silver Range Resources (Silver Range Resources) Cyclically Adjusted PB Ratio : 0.42 (As of Jun. 09, 2024)


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What is Silver Range Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Silver Range Resources's current share price is $0.055. Silver Range Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.13. Silver Range Resources's Cyclically Adjusted PB Ratio for today is 0.42.

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

SLRRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.55
Current: 0.47

During the past years, Silver Range Resources's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.00. And the median was 0.00.

SLRRF's Cyclically Adjusted PB Ratio is ranked better than
61.33% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs SLRRF: 0.47

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.

Silver Range Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $0.074. 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 Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Range Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silver Range 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.

Silver Range Resources Cyclically Adjusted PB Ratio Chart

Silver Range Resources 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 - 0.67 0.45 0.57 0.58

Silver Range Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.57 0.43 0.39 0.58 0.38

Competitive Comparison of Silver Range Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Silver Range 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.


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

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

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



Silver Range 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.055/0.13
=0.42

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.074/126.2576*126.2576
=0.074

Current CPI (Mar. 2024) = 126.2576.

Silver Range Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.586 99.473 0.744
201409 0.576 99.394 0.732
201412 0.549 98.367 0.705
201503 0.501 99.789 0.634
201506 0.511 100.500 0.642
201509 0.047 100.421 0.059
201512 0.044 99.947 0.056
201603 0.045 101.054 0.056
201606 0.045 102.002 0.056
201609 0.066 101.765 0.082
201612 0.059 101.449 0.073
201703 0.062 102.634 0.076
201706 0.065 103.029 0.080
201709 0.070 103.345 0.086
201712 0.066 103.345 0.081
201803 0.058 105.004 0.070
201806 0.060 105.557 0.072
201809 0.058 105.636 0.069
201812 0.047 105.399 0.056
201903 0.047 106.979 0.055
201906 0.046 107.690 0.054
201909 0.046 107.611 0.054
201912 0.044 107.769 0.052
202003 0.041 107.927 0.048
202006 0.042 108.401 0.049
202009 0.047 108.164 0.055
202012 0.049 108.559 0.057
202103 0.053 110.298 0.061
202106 0.057 111.720 0.064
202109 0.069 112.905 0.077
202112 0.094 113.774 0.104
202203 0.092 117.646 0.099
202206 0.098 120.806 0.102
202209 0.092 120.648 0.096
202212 0.082 120.964 0.086
202303 0.082 122.702 0.084
202306 0.082 124.203 0.083
202309 0.079 125.230 0.080
202312 0.077 125.072 0.078
202403 0.074 126.258 0.074

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.


Silver Range Resources  (OTCPK:SLRRF) 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.


Silver Range Resources Cyclically Adjusted PB Ratio Related Terms

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


Silver Range Resources (Silver Range Resources) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
Silver Range Resources Ltd is a project generator focused on high-grade precious metal projects in Northern Canada and Nevada. It is engaged in the business of exploring for metals and minerals with an emphasis on silver, zinc, and lead. The company has acquired various mineral properties located in Nunavut and the Northwest Territories, Canada and Nevada, USA. Its mineral projects include the Silver Range project, Michelle, Mel, and the Barb properties. The Company operates in one reportable operating segment being the acquisition, exploration, and evaluation of mineral properties in Canada and the USA.