GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thor Explorations Ltd (STU:T2X) » Definitions » Cyclically Adjusted PB Ratio

Thor Explorations (STU:T2X) Cyclically Adjusted PB Ratio : 3.78 (As of May. 22, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Thor Explorations Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Thor Explorations's current share price is €0.416. Thor Explorations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.11. Thor Explorations's Cyclically Adjusted PB Ratio for today is 3.78.

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

STU:T2X' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.84   Max: 3.82
Current: 3.63

During the past years, Thor Explorations's highest Cyclically Adjusted PB Ratio was 3.82. The lowest was 1.17. And the median was 1.84.

STU:T2X's Cyclically Adjusted PB Ratio is ranked worse than
82.64% of 1532 companies
in the Metals & Mining industry
Industry Median: 0.95 vs STU:T2X: 3.63

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.

Thor Explorations's adjusted book value per share data for the three months ended in Dec. 2024 was €0.293. 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 €0.11 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thor Explorations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thor Explorations'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.

Thor Explorations Cyclically Adjusted PB Ratio Chart

Thor Explorations Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.76 1.78 1.60 1.87

Thor Explorations Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.60 1.47 1.64 1.86 1.87

Competitive Comparison of Thor Explorations's Cyclically Adjusted PB Ratio

For the Gold subindustry, Thor Explorations'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.


Thor Explorations's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


;
;

Thor Explorations 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.

Thor Explorations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.416/0.11
=3.78

* 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.

Thor Explorations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Thor Explorations's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.293/127.3637*127.3637
=0.293

Current CPI (Dec. 2024) = 127.3637.

Thor Explorations Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.088 99.789 0.112
201506 0.087 100.500 0.110
201509 0.083 100.421 0.105
201512 0.084 99.947 0.107
201603 0.082 101.054 0.103
201606 0.079 102.002 0.099
201609 0.076 101.765 0.095
201612 0.079 101.449 0.099
201703 0.080 102.634 0.099
201706 0.076 103.029 0.094
201709 0.074 103.345 0.091
201712 0.074 103.345 0.091
201803 0.071 105.004 0.086
201806 0.072 105.557 0.087
201809 0.076 105.636 0.092
201812 0.075 105.399 0.091
201903 0.075 106.979 0.089
201906 0.078 107.690 0.092
201909 0.081 107.611 0.096
201912 0.081 107.769 0.096
202003 0.076 107.927 0.090
202006 0.078 108.401 0.092
202009 0.078 108.164 0.092
202012 0.081 108.559 0.095
202103 0.082 110.298 0.095
202106 0.073 111.720 0.083
202109 0.076 112.905 0.086
202112 0.082 113.774 0.092
202203 0.000 117.646 0.000
202206 0.096 120.806 0.101
202209 0.105 120.648 0.111
202212 0.146 120.964 0.154
202303 0.132 122.702 0.137
202306 0.141 124.203 0.145
202309 0.144 125.230 0.146
202312 0.157 125.072 0.160
202403 0.172 126.258 0.174
202406 0.212 127.522 0.212
202409 0.230 127.285 0.230
202412 0.293 127.364 0.293

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.


Thor Explorations  (STU:T2X) 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.


Thor Explorations Cyclically Adjusted PB Ratio Related Terms

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


Thor Explorations Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 220, Vancouver, BC, CAN, V6EC9
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. It holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and a 70% interest in the Douta Gold Project located in south-eastern Senegal. It also holds a 100% interest in the Bongui and Legue gold permits located in Hounde greenstone belt, southwest Burkina Faso. It has three reportable segments, the Segilola Mine Project, Exploration Projects, and Corporate.

Thor Explorations Headlines

No Headlines