GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tearlach Resources Ltd (OTCPK:TELHF) » Definitions » Cyclically Adjusted PB Ratio

Tearlach Resources (Tearlach Resources) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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

What is Tearlach Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tearlach Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tearlach 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.

Tearlach Resources Cyclically Adjusted PB Ratio Chart

Tearlach Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tearlach Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Tearlach Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Tearlach 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.


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

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

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



Tearlach 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.

Tearlach Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tearlach Resources's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.031/125.0724*125.0724
=0.031

Current CPI (Dec. 2023) = 125.0724.

Tearlach Resources Quarterly Data

Book Value per Share CPI Adj_Book
201312 -0.062 96.945 -0.080
201403 -0.064 98.604 -0.081
201406 -0.068 99.473 -0.085
201409 -0.096 99.394 -0.121
201412 -0.095 98.367 -0.121
201503 -0.093 99.789 -0.117
201506 -0.097 100.500 -0.121
201509 -0.097 100.421 -0.121
201512 -0.098 99.947 -0.123
201603 -0.100 101.054 -0.124
201606 -0.106 102.002 -0.130
201609 -0.102 101.765 -0.125
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 -0.122 103.345 -0.148
201712 -0.120 103.345 -0.145
201803 -0.121 105.004 -0.144
201806 -0.121 105.557 -0.143
201809 -0.125 105.636 -0.148
201812 -0.123 105.399 -0.146
201903 -0.002 106.979 -0.002
201906 -0.002 107.690 -0.002
201909 -0.002 107.611 -0.002
201912 -0.002 107.769 -0.002
202003 -0.002 107.927 -0.002
202006 -0.002 108.401 -0.002
202009 -0.003 108.164 -0.003
202012 -0.002 108.559 -0.002
202103 -0.002 110.298 -0.002
202106 -0.002 111.720 -0.002
202109 -0.003 112.905 -0.003
202112 -0.003 113.774 -0.003
202203 -0.004 117.646 -0.004
202206 -0.004 120.806 -0.004
202209 -0.005 120.648 -0.005
202212 0.051 120.964 0.053
202303 0.038 122.702 0.039
202309 0.033 125.230 0.033
202312 0.031 125.072 0.031

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.


Tearlach Resources  (OTCPK:TELHF) 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.


Tearlach Resources Cyclically Adjusted PB Ratio Related Terms

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


Tearlach Resources (Tearlach Resources) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2
Tearlach Resources Ltd is a British Columbia, Canada incorporated company engaged in the acquisition, exploration, and development of lithium projects in the Americas. Its projects include The Pakwan lithium project, the Gabriel project, the Margo lake property, The Shelby project, and The New Frontier Project.