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First Helium (STU:2MC) Cyclically Adjusted PB Ratio : (As of Dec. 11, 2024)


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What is First Helium Cyclically Adjusted PB Ratio?

First Helium does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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First Helium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Helium'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.

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First Helium Cyclically Adjusted PB Ratio Chart

First Helium Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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First Helium Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of First Helium's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, First Helium'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.


First Helium's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Helium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



First Helium 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.

First Helium does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


First Helium  (STU:2MC) 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.


First Helium Cyclically Adjusted PB Ratio Related Terms

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First Helium Business Description

Industry
Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
First Helium Inc is a Canadian company. The business is engaged in acquiring, exploring, evaluating, and developing helium property interests in Alberta. The company also produces Petroleum and natural gas as part of its operations. Its project includes the Worsley project and the Lethbridge project.

First Helium Headlines

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