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Tsodilo Resources (Tsodilo Resources) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 19, 2024)


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What is Tsodilo Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Tsodilo Resources's current share price is $0.146. Tsodilo Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.17. Tsodilo Resources's Cyclically Adjusted PB Ratio for today is 0.86.

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

TSDRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.47
Current: 1.01

During the past years, Tsodilo Resources's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.00. And the median was 0.00.

TSDRF's Cyclically Adjusted PB Ratio is ranked worse than
54.9% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.815 vs TSDRF: 1.01

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.

Tsodilo Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $0.041. 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 $0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsodilo Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tsodilo 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.

Tsodilo Resources Cyclically Adjusted PB Ratio Chart

Tsodilo Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 1.53 2.18 0.73 1.03

Tsodilo 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 0.83 0.78 0.83 1.03 1.28

Competitive Comparison of Tsodilo Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Tsodilo 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.


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

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

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



Tsodilo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.146/0.17
=0.86

* 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.

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

For example, Tsodilo 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)
=0.041/126.2576*126.2576
=0.041

Current CPI (Mar. 2024) = 126.2576.

Tsodilo Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.391 99.473 0.496
201409 0.399 99.394 0.507
201412 0.399 98.367 0.512
201503 0.382 99.789 0.483
201506 0.183 100.500 0.230
201509 0.186 100.421 0.234
201512 0.107 99.947 0.135
201603 0.097 101.054 0.121
201606 0.101 102.002 0.125
201609 0.104 101.765 0.129
201612 0.181 101.449 0.225
201703 0.178 102.634 0.219
201706 0.175 103.029 0.214
201709 0.167 103.345 0.204
201712 0.168 103.345 0.205
201803 0.174 105.004 0.209
201806 0.153 105.557 0.183
201809 0.146 105.636 0.175
201812 0.137 105.399 0.164
201903 0.138 106.979 0.163
201906 0.138 107.690 0.162
201909 0.133 107.611 0.156
201912 0.135 107.769 0.158
202003 0.109 107.927 0.128
202006 0.106 108.401 0.123
202009 0.116 108.164 0.135
202012 0.119 108.559 0.138
202103 0.125 110.298 0.143
202106 0.127 111.720 0.144
202109 0.115 112.905 0.129
202112 0.105 113.774 0.117
202203 0.107 117.646 0.115
202206 0.086 120.806 0.090
202209 0.067 120.648 0.070
202212 0.060 120.964 0.063
202303 0.057 122.702 0.059
202306 0.051 124.203 0.052
202309 0.045 125.230 0.045
202312 0.044 125.072 0.044
202403 0.041 126.258 0.041

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.


Tsodilo Resources  (OTCPK:TSDRF) 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.


Tsodilo Resources Cyclically Adjusted PB Ratio Related Terms

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


Tsodilo Resources (Tsodilo Resources) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2700, P.O. Box 508, Canada Trust Tower, BCE Place, Toronto, ON, CAN, M5J 2S1
Tsodilo Resources Ltd is an exploration stage company that is engaged principally in the acquisition, exploration, and development of mineral properties in the Republics of Botswana and South Africa. The company is actively reviewing additional diamond base and precious metal opportunities within Southern Africa. Its projects include Botswana Diamond, Xaudum Iron, and Idada 361, and others.