SSEBF (Silver Spruce Resources) Cyclically Adjusted PB Ratio: (As of Jul. 28, 2026)

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What is Silver Spruce Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Spruce Resources  (OTCPK:SSEBF) 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 Spruce Resources Cyclically Adjusted PB Ratio Related Terms


Silver Spruce Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Silver Spruce 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.

Silver Spruce Resources Cyclically Adjusted PB Ratio Chart

Silver Spruce Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 13.66 0.00 0.00 0.00

Silver Spruce Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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

Silver Spruce Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Silver Spruce 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 Spruce Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Silver Spruce 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 Spruce Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Silver Spruce Resources's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.01/132.7364*132.7364
=0.010

Current CPI (Apr. 2026) = 132.7364.

Silver Spruce Resources Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.716 101.844 -0.933
201610 -0.060 102.002 -0.078
201701 -0.114 102.318 -0.148
201704 -0.055 103.029 -0.071
201707 0.115 103.029 0.148
201710 0.051 103.424 0.065
201801 0.021 104.056 0.027
201804 -0.014 105.320 -0.018
201807 0.009 106.110 0.011
201810 -0.027 105.952 -0.034
201901 -0.040 105.557 -0.050
201904 0.003 107.453 0.004
201907 -0.023 108.243 -0.028
201910 -0.050 107.927 -0.061
202001 -0.031 108.085 -0.038
202004 -0.003 107.216 -0.004
202007 -0.018 108.401 -0.022
202010 0.103 108.638 0.126
202101 0.125 109.192 0.152
202104 0.102 110.851 0.122
202107 0.058 112.431 0.068
202110 0.075 113.695 0.088
202201 0.046 114.801 0.053
202204 0.031 118.357 0.035
202207 0.007 120.964 0.008
202210 0.002 121.517 0.002
202301 -0.008 121.596 -0.009
202304 0.021 123.571 0.023
202307 0.017 124.914 0.018
202310 0.008 125.310 0.008
202401 -0.002 125.072 -0.002
202404 -0.011 126.890 -0.012
202407 -0.004 128.075 -0.004
202410 -0.008 127.838 -0.008
202501 -0.012 127.443 -0.012
202504 -0.015 129.102 -0.015
202507 -0.017 130.290 -0.017
202510 -0.020 130.603 -0.020
202601 0.002 130.366 0.002
202604 0.010 132.736 0.010

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 Spruce Resources Business Description

Other Exchanges S6Q:GermanySSE:Canada
Address 1550 Bedford Highway, Suite 802, Sun Tower, Bedford, NS, CAN, B4A 1E6
Silver Spruce Resources Inc is a junior exploration company focused on exploration for precious and base metals. Its project portfolio comprises the Jackie Project, an early-stage epithermal project located in Sonora, Mexico; the Pino de Plata Project, a high-grade silver property in Chihuahua, Mexico; and the Melchett Lake Project, a polymetallic project with historical drilling in the Thunder Bay Mining District of Ontario.