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Badlands Resources (TSXV:BLDS) Cyclically Adjusted PB Ratio : 0.22 (As of May. 22, 2024)


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What is Badlands Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Badlands Resources's current share price is C$0.36. Badlands Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$1.66. Badlands Resources's Cyclically Adjusted PB Ratio for today is 0.22.

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

TSXV:BLDS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.32
Current: 0.22

During the past years, Badlands Resources's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.00. And the median was 0.00.

TSXV:BLDS's Cyclically Adjusted PB Ratio is ranked better than
79.44% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.9 vs TSXV:BLDS: 0.22

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.

Badlands Resources's adjusted book value per share data for the three months ended in Dec. 2023 was C$0.829. 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$1.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Badlands Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Badlands 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.

Badlands Resources Cyclically Adjusted PB Ratio Chart

Badlands Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.58 0.51 0.35 0.43

Badlands 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 0.25 0.26 0.43 0.25 0.23

Competitive Comparison of Badlands Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Badlands 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.


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

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

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



Badlands 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.36/1.66
=0.22

* 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.

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

For example, Badlands 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)
=0.829/125.0724*125.0724
=0.829

Current CPI (Dec. 2023) = 125.0724.

Badlands Resources Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.733 96.945 4.816
201403 3.440 98.604 4.363
201406 3.219 99.473 4.047
201409 3.354 99.394 4.220
201412 2.694 98.367 3.425
201503 2.436 99.789 3.053
201506 2.391 100.500 2.976
201509 2.327 100.421 2.898
201512 2.290 99.947 2.866
201603 2.170 101.054 2.686
201606 2.149 102.002 2.635
201609 0.597 101.765 0.734
201612 0.624 101.449 0.769
201703 0.731 102.634 0.891
201706 0.696 103.029 0.845
201709 0.661 103.345 0.800
201712 0.852 103.345 1.031
201803 0.900 105.004 1.072
201806 0.882 105.557 1.045
201809 0.851 105.636 1.008
201812 0.822 105.399 0.975
201903 0.795 106.979 0.929
201906 0.766 107.690 0.890
201909 0.853 107.611 0.991
201912 1.024 107.769 1.188
202003 0.938 107.927 1.087
202006 0.926 108.401 1.068
202009 1.035 108.164 1.197
202012 1.024 108.559 1.180
202103 1.006 110.298 1.141
202106 0.995 111.720 1.114
202109 0.983 112.905 1.089
202112 0.963 113.774 1.059
202203 0.944 117.646 1.004
202206 0.937 120.806 0.970
202209 0.905 120.648 0.938
202212 0.890 120.964 0.920
202303 0.886 122.702 0.903
202309 0.852 125.230 0.851
202312 0.829 125.072 0.829

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.


Badlands Resources  (TSXV:BLDS) 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.


Badlands Resources Cyclically Adjusted PB Ratio Related Terms

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


Badlands Resources (TSXV:BLDS) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6
Badlands Resources Inc formerly Mineral Mountain Resources Ltd is an exploration-stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties in North America. Mineral Mountain is an advanced explorer with focus on development of gold projects with camp Scale potential, within cost effective, politically friendly, mining friendly regions of the United States. The company is focused on Rochford project located in the Rochford mining district of the Black Hills, South Dakota.
Executives
Nav Dhaliwal Director, Senior Officer
Dale Ginn Director, Senior Officer

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