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Archon Minerals (TSXV:ACS) Cyclically Adjusted PB Ratio : 3.10 (As of Jun. 20, 2024)


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What is Archon Minerals Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Archon Minerals's current share price is C$0.155. Archon Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.05. Archon Minerals's Cyclically Adjusted PB Ratio for today is 3.10.

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

TSXV:ACS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.8   Max: 5.95
Current: 2.84

During the past years, Archon Minerals's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 0.59. And the median was 1.80.

TSXV:ACS's Cyclically Adjusted PB Ratio is ranked worse than
81.35% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs TSXV:ACS: 2.84

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.

Archon Minerals's adjusted book value per share data for the three months ended in Feb. 2024 was C$-0.035. 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 C$0.05 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Archon Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Archon Minerals'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.

Archon Minerals Cyclically Adjusted PB Ratio Chart

Archon Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 1.34 1.71 1.81 2.49

Archon Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.11 2.49 4.28 2.04 6.41

Competitive Comparison of Archon Minerals's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Archon Minerals'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.


Archon Minerals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Archon Minerals 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.

Archon Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.155/0.05
=3.10

* 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.

Archon Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Archon Minerals's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.035/125.4675*125.4675
=-0.035

Current CPI (Feb. 2024) = 125.4675.

Archon Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.253 99.394 0.319
201408 0.253 99.315 0.320
201411 0.292 99.078 0.370
201502 0.286 99.078 0.362
201505 0.279 100.263 0.349
201508 0.274 100.579 0.342
201511 0.268 100.421 0.335
201602 0.263 100.421 0.329
201605 0.001 101.765 0.001
201608 -0.006 101.686 -0.007
201611 -0.011 101.607 -0.014
201702 -0.017 102.476 -0.021
201705 -0.025 103.108 -0.030
201708 -0.030 103.108 -0.037
201711 -0.035 103.740 -0.042
201802 -0.020 104.688 -0.024
201805 -0.014 105.399 -0.017
201808 -0.014 106.031 -0.017
201811 -0.023 105.478 -0.027
201902 -0.026 106.268 -0.031
201905 -0.015 107.927 -0.017
201908 -0.014 108.085 -0.016
201911 0.007 107.769 0.008
202002 0.008 108.559 0.009
202005 0.004 107.532 0.005
202008 0.001 108.243 0.001
202011 -0.001 108.796 -0.001
202102 -0.004 109.745 -0.005
202105 -0.007 111.404 -0.008
202108 -0.009 112.668 -0.010
202111 -0.012 113.932 -0.013
202202 -0.014 115.986 -0.015
202205 -0.017 120.016 -0.018
202208 -0.020 120.569 -0.021
202211 -0.022 121.675 -0.023
202302 -0.025 122.070 -0.026
202305 -0.027 124.045 -0.027
202308 -0.030 125.389 -0.030
202311 -0.033 125.468 -0.033
202402 -0.035 125.468 -0.035

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.


Archon Minerals  (TSXV:ACS) 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.


Archon Minerals Cyclically Adjusted PB Ratio Related Terms

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


Archon Minerals (TSXV:ACS) Business Description

Traded in Other Exchanges
N/A
Address
323 Jervis Street, Suite 2801, Vancouver, BC, CAN, V6P 3P8
Website
Archon Minerals Ltd is a Canadian based company. It's engaged in mining and exploration of precious stone and metals. The company's primary focus is on the exploration of Diamonds from its Buffer zone project, WO block project and Monument diamond project. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing.

Archon Minerals (TSXV:ACS) Headlines

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