SRCH (Searchlight Minerals) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Searchlight Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Searchlight Minerals  (OTCPK:SRCH) 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.


Searchlight Minerals Cyclically Adjusted PB Ratio Related Terms


Searchlight Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Searchlight Minerals'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.

Searchlight Minerals Cyclically Adjusted PB Ratio Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.00 0.00 0.00 0.00 0.00

SRCH vs WWR: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Searchlight Minerals'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.


Searchlight Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Searchlight Minerals 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.

Searchlight Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Searchlight Minerals's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book=Book Value per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.246/241.4280*241.4280
=0.246

Current CPI (Sep. 2016) = 241.4280.

Searchlight Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200612 0.112 201.800 0.134
200703 1.347 205.352 1.584
200706 1.337 208.352 1.549
200709 1.000 208.490 1.158
200712 1.096 210.036 1.260
200803 1.088 213.528 1.230
200806 1.090 218.815 1.203
200809 1.080 218.783 1.192
200812 1.068 210.228 1.227
200903 1.059 212.709 1.202
200906 1.050 215.693 1.175
200909 1.039 215.969 1.161
200912 1.005 215.949 1.124
201003 1.033 217.631 1.146
201006 1.023 217.965 1.133
201009 1.012 218.439 1.119
201012 0.977 219.179 1.076
201103 0.964 223.467 1.041
201106 0.952 225.722 1.018
201109 0.921 226.889 0.980
201112 0.929 225.672 0.994
201203 0.896 229.392 0.943
201206 0.910 229.478 0.957
201209 0.903 231.407 0.942
201212 0.892 229.601 0.938
201303 0.886 232.773 0.919
201306 0.878 233.504 0.908
201309 0.871 234.149 0.898
201312 0.866 233.049 0.897
201403 0.859 236.293 0.878
201406 0.851 238.343 0.862
201409 0.767 238.031 0.778
201412 0.728 234.812 0.749
201503 0.707 236.119 0.723
201506 0.704 238.638 0.712
201509 0.543 237.945 0.551
201512 0.533 236.525 0.544
201603 0.294 238.132 0.298
201606 0.249 241.018 0.249
201609 0.246 241.428 0.246

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.


Searchlight Minerals Business Description

Address 7582 Hawks Landing Drive, West Palm Beach, FL, USA, 33412
Searchlight Minerals Corp is an exploration stage company engaged in a slag reprocessing project and the acquisition and exploration of mineral properties. The Company is presently focused on the Clarkdale Slag Project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona.