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Sable Resources (STU:5XL) Cyclically Adjusted PB Ratio : (As of Sep. 23, 2024)


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What is Sable Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sable Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sable 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.

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Sable Resources Cyclically Adjusted PB Ratio Chart

Sable Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Sable Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sable Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Sable 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.


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

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

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



Sable 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.

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

For example, Sable 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)
=-0.004/126.2576*126.2576
=-0.004

Current CPI (Mar. 2024) = 126.2576.

Sable Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.836 99.473 -1.061
201409 -0.002 99.394 -0.003
201412 -0.015 98.367 -0.019
201503 -0.016 99.789 -0.020
201506 -0.016 100.500 -0.020
201509 -0.016 100.421 -0.020
201512 -0.021 99.947 -0.027
201603 -0.015 101.054 -0.019
201606 -0.016 102.002 -0.020
201609 0.003 101.765 0.004
201612 0.013 101.449 0.016
201703 0.011 102.634 0.014
201706 0.018 103.029 0.022
201709 0.039 103.345 0.048
201712 0.032 103.345 0.039
201803 0.044 105.004 0.053
201806 0.042 105.557 0.050
201809 0.043 105.636 0.051
201812 0.033 105.399 0.040
201903 0.026 106.979 0.031
201906 0.024 107.690 0.028
201909 0.028 107.611 0.033
201912 0.036 107.769 0.042
202003 0.031 107.927 0.036
202006 0.029 108.401 0.034
202009 0.043 108.164 0.050
202012 0.064 108.559 0.074
202103 0.060 110.298 0.069
202106 0.077 111.720 0.087
202109 0.072 112.905 0.081
202112 0.063 113.774 0.070
202203 0.055 117.646 0.059
202206 0.044 120.806 0.046
202209 0.044 120.648 0.046
202212 0.033 120.964 0.034
202303 0.019 122.702 0.020
202306 0.016 124.203 0.016
202309 0.012 125.230 0.012
202312 0.000 125.072 0.000
202403 -0.004 126.258 -0.004

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.


Sable Resources  (STU:5XL) 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.


Sable Resources Cyclically Adjusted PB Ratio Related Terms

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Sable Resources Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6C 2W2
Sable Resources Ltd is a Canada-based company engaged in the acquisition, exploration, and development of mineral resource properties in Argentina and Mexico. Its projects include Margarita, Vinata, El Escarpe, Don Julio, and many more. It operates as a single operating segment, resource exploration and development.

Sable Resources Headlines

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