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Spearmint Resources (STU:SQH) Cyclically Adjusted PB Ratio : 1.26 (As of Oct. 31, 2024)


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What is Spearmint Resources Cyclically Adjusted PB Ratio?

As of today (2024-10-31), Spearmint Resources's current share price is €0.0126. Spearmint Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 was €0.01. Spearmint Resources's Cyclically Adjusted PB Ratio for today is 1.26.

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

STU:SQH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.32
Current: 2.09

During the past years, Spearmint Resources's highest Cyclically Adjusted PB Ratio was 5.32. The lowest was 0.00. And the median was 0.00.

STU:SQH's Cyclically Adjusted PB Ratio is ranked worse than
73.89% of 1570 companies
in the Metals & Mining industry
Industry Median: 0.88 vs STU:SQH: 2.09

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.

Spearmint Resources's adjusted book value per share data for the three months ended in Jul. 2024 was €0.008. 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 €0.01 for the trailing ten years ended in Jul. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spearmint Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Spearmint 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.

Spearmint Resources Cyclically Adjusted PB Ratio Chart

Spearmint Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 23.51 22.33 6.36 2.82

Spearmint Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 6.50 3.46 2.82 1.62 2.09

Competitive Comparison of Spearmint Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Spearmint 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.


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

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

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



Spearmint 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0126/0.01
=1.26

* 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.

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

For example, Spearmint Resources's adjusted Book Value per Share data for the three months ended in Jul. 2024 was:

Adj_Book=Book Value per Share/CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=0.008/128.0748*128.0748
=0.008

Current CPI (Jul. 2024) = 128.0748.

Spearmint Resources Quarterly Data

Book Value per Share CPI Adj_Book
201410 0.000 99.473 0.000
201501 -0.001 98.209 -0.001
201504 -0.001 99.710 -0.001
201507 -0.002 100.579 -0.003
201510 -0.004 100.500 -0.005
201601 -0.006 100.184 -0.008
201604 -0.004 101.370 -0.005
201607 0.005 101.844 0.006
201610 0.003 102.002 0.004
201701 0.003 102.318 0.004
201704 0.002 103.029 0.002
201707 0.002 103.029 0.002
201710 0.001 103.424 0.001
201801 0.005 104.056 0.006
201804 0.005 105.320 0.006
201807 0.005 106.110 0.006
201810 0.007 105.952 0.008
201901 0.006 105.557 0.007
201904 0.006 107.453 0.007
201907 0.005 108.243 0.006
201910 0.005 107.927 0.006
202001 0.005 108.085 0.006
202004 0.005 107.216 0.006
202007 0.006 108.401 0.007
202010 0.006 108.638 0.007
202101 0.011 109.192 0.013
202104 0.012 110.851 0.014
202107 0.013 112.431 0.015
202110 0.013 113.695 0.015
202201 0.013 114.801 0.015
202204 0.014 118.357 0.015
202207 0.014 120.964 0.015
202210 0.013 121.517 0.014
202301 0.011 121.596 0.012
202304 0.011 123.571 0.011
202307 0.011 124.914 0.011
202310 0.010 125.310 0.010
202401 0.010 125.072 0.010
202404 0.010 126.890 0.010
202407 0.008 128.075 0.008

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.


Spearmint Resources  (STU:SQH) 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.


Spearmint Resources Cyclically Adjusted PB Ratio Related Terms

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


Spearmint Resources Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1K8
Spearmint Resources Inc is an exploration stage public company. Its business activities include acquiring and exploring exploration and evaluation assets. Geographically, the company has a business presence in Canada and the United States. Some of the company's projects are Chibougamau Vanadium Prospects, EL North Nickel-Copper Prospects, NEBA Copper-Gold Prospects, QC Chibougamau Vanadium Prospects - Staking, QC Perron-East Gold Prospects - Staking, Nevada Elon and McGee Properties, Nevada Green Clay Lithium Project, NL Goose Gold Property, ON Escape Lake North PGM Project, BC EL North Nickel-Copper Prospects, BC NEBA Copper-Gold Prospects, BC Safari Copper-Gold Property and BC Hammernose Gold Property.

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