GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ascot Resources Ltd (STU:BHQ) » Definitions » Cyclically Adjusted PB Ratio

Ascot Resources (STU:BHQ) Cyclically Adjusted PB Ratio : 1.19 (As of Jun. 05, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Ascot Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Ascot Resources's current share price is €0.487. Ascot Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.41. Ascot Resources's Cyclically Adjusted PB Ratio for today is 1.19.

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

STU:BHQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.32
Current: 1.21

During the past years, Ascot Resources's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.00. And the median was 0.00.

STU:BHQ's Cyclically Adjusted PB Ratio is ranked worse than
59.3% of 1624 companies
in the Metals & Mining industry
Industry Median: 0.88 vs STU:BHQ: 1.21

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.

Ascot Resources's adjusted book value per share data for the three months ended in Mar. 2024 was €0.410. 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 €0.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascot Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ascot 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.

Ascot Resources Cyclically Adjusted PB Ratio Chart

Ascot Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 3.21 2.32 0.88 0.77

Ascot 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 1.14 0.84 0.60 0.77 1.16

Competitive Comparison of Ascot Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Ascot 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.


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

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

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



Ascot 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.487/0.41
=1.19

* 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.

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

For example, Ascot 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)
=0.41/126.2576*126.2576
=0.410

Current CPI (Mar. 2024) = 126.2576.

Ascot Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.228 99.473 0.289
201409 0.241 99.394 0.306
201412 0.241 98.367 0.309
201503 0.250 99.789 0.316
201506 0.243 100.500 0.305
201509 0.236 100.421 0.297
201512 0.259 99.947 0.327
201603 0.262 101.054 0.327
201606 0.280 102.002 0.347
201609 0.334 101.765 0.414
201612 0.369 101.449 0.459
201703 0.359 102.634 0.442
201706 0.358 103.029 0.439
201709 0.361 103.345 0.441
201712 0.346 103.345 0.423
201803 0.333 105.004 0.400
201806 0.340 105.557 0.407
201809 0.341 105.636 0.408
201812 0.405 105.399 0.485
201903 0.436 106.979 0.515
201906 0.438 107.690 0.514
201909 0.445 107.611 0.522
201912 0.436 107.769 0.511
202003 0.406 107.927 0.475
202006 0.420 108.401 0.489
202009 0.414 108.164 0.483
202012 0.410 108.559 0.477
202103 0.434 110.298 0.497
202106 0.466 111.720 0.527
202109 0.458 112.905 0.512
202112 0.473 113.774 0.525
202203 0.516 117.646 0.554
202206 0.531 120.806 0.555
202209 0.541 120.648 0.566
202212 0.493 120.964 0.515
202303 0.431 122.702 0.443
202306 0.435 124.203 0.442
202309 0.432 125.230 0.436
202312 0.431 125.072 0.435
202403 0.410 126.258 0.410

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.


Ascot Resources  (STU:BHQ) 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.


Ascot Resources Cyclically Adjusted PB Ratio Related Terms

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


Ascot Resources (STU:BHQ) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1050, Vancouver, BC, CAN, V6E 2M6
Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in Washington State, USA.

Ascot Resources (STU:BHQ) Headlines

No Headlines