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Copper Lake Resources (TSXV:CPL) Cyclically Adjusted PB Ratio : 0.50 (As of May. 16, 2024)


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What is Copper Lake Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Copper Lake Resources's current share price is C$0.02. Copper Lake Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.04. Copper Lake Resources's Cyclically Adjusted PB Ratio for today is 0.50.

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

TSXV:CPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.88
Current: 0.47

During the past years, Copper Lake Resources's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.00. And the median was 0.00.

TSXV:CPL's Cyclically Adjusted PB Ratio is ranked better than
63.92% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.855 vs TSXV:CPL: 0.47

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.

Copper Lake Resources's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.009. 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$0.04 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Copper Lake Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Copper Lake 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.

Copper Lake Resources Cyclically Adjusted PB Ratio Chart

Copper Lake Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.24 1.11 1.41 0.55

Copper Lake Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.16 1.08 0.62 0.55 0.35

Competitive Comparison of Copper Lake Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Copper Lake 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.


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

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

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



Copper Lake 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.04
=0.50

* 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.

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

For example, Copper Lake Resources's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.009/125.4675*125.4675
=0.009

Current CPI (Jan. 2024) = 125.4675.

Copper Lake Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.099 98.920 0.126
201407 0.107 99.315 0.135
201410 0.104 99.473 0.131
201501 0.102 98.209 0.130
201504 0.101 99.710 0.127
201507 0.096 100.579 0.120
201510 -0.012 100.500 -0.015
201601 0.061 100.184 0.076
201604 0.064 101.370 0.079
201607 0.062 101.844 0.076
201610 0.023 102.002 0.028
201701 0.058 102.318 0.071
201704 0.056 103.029 0.068
201707 0.055 103.029 0.067
201710 0.022 103.424 0.027
201801 0.024 104.056 0.029
201804 0.021 105.320 0.025
201807 0.020 106.110 0.024
201810 0.019 105.952 0.022
201901 0.019 105.557 0.023
201904 0.019 107.453 0.022
201907 0.018 108.243 0.021
201910 0.017 107.927 0.020
202001 0.017 108.085 0.020
202004 0.017 107.216 0.020
202007 0.016 108.401 0.019
202010 0.014 108.638 0.016
202101 0.014 109.192 0.016
202104 0.017 110.851 0.019
202107 0.018 112.431 0.020
202110 0.016 113.695 0.018
202201 0.016 114.801 0.017
202204 0.013 118.357 0.014
202207 0.014 120.964 0.015
202210 0.014 121.517 0.014
202301 0.016 121.596 0.017
202304 0.012 123.571 0.012
202307 0.010 124.914 0.010
202310 0.009 125.310 0.009
202401 0.009 125.468 0.009

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.


Copper Lake Resources  (TSXV:CPL) 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.


Copper Lake Resources Cyclically Adjusted PB Ratio Related Terms

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


Copper Lake Resources (TSXV:CPL) Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4800 - 233, Toronto, ON, CAN, M5H 1A1
Copper Lake Resources Ltd is an exploration company based in Canada. It is principally engaged in the business of exploration and development of mineral resource properties. It holds an interest in Norton lake property, Marshall lake property which is located in the north-northeast of Thunder Bay, Ontario. The company operates its business through a single segment being a Mineral exploration in Canada. Its project portfolio includes Mine Lake Gold, Queen Alexandria Gold, Centrefire-Redhat Gold-Copper and Grand Chibougamau Gold Property.
Executives
Terrence Macdonald Director, Senior Officer