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Defiance Silver (TSXV:DEF) Cyclically Adjusted PB Ratio : 2.45 (As of Sep. 22, 2024)


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What is Defiance Silver Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Defiance Silver's current share price is C$0.27. Defiance Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.11. Defiance Silver's Cyclically Adjusted PB Ratio for today is 2.45.

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

TSXV:DEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.19
Current: 2.65

During the past years, Defiance Silver's highest Cyclically Adjusted PB Ratio was 4.19. The lowest was 0.00. And the median was 0.00.

TSXV:DEF's Cyclically Adjusted PB Ratio is ranked worse than
80.72% of 1587 companies
in the Metals & Mining industry
Industry Median: 0.78 vs TSXV:DEF: 2.65

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.

Defiance Silver's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.166. 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$0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Defiance Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Defiance Silver'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.

Defiance Silver Cyclically Adjusted PB Ratio Chart

Defiance Silver Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 3.94 10.30 2.78 1.69

Defiance Silver 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 1.85 1.69 1.33 1.23 1.28

Competitive Comparison of Defiance Silver's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Defiance Silver'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.


Defiance Silver's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Defiance Silver 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.

Defiance Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.27/0.11
=2.45

* 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.

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

For example, Defiance Silver'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)
=0.166/126.2576*126.2576
=0.166

Current CPI (Mar. 2024) = 126.2576.

Defiance Silver Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.024 99.473 0.030
201409 0.021 99.394 0.027
201412 0.017 98.367 0.022
201503 0.025 99.789 0.032
201506 0.028 100.500 0.035
201509 0.026 100.421 0.033
201512 0.024 99.947 0.030
201603 0.019 101.054 0.024
201606 0.031 102.002 0.038
201609 0.031 101.765 0.038
201612 0.033 101.449 0.041
201703 0.032 102.634 0.039
201706 0.031 103.029 0.038
201709 0.043 103.345 0.053
201712 0.041 103.345 0.050
201803 0.040 105.004 0.048
201806 0.054 105.557 0.065
201809 0.054 105.636 0.065
201812 0.080 105.399 0.096
201903 0.086 106.979 0.101
201906 0.086 107.690 0.101
201909 0.098 107.611 0.115
201912 0.097 107.769 0.114
202003 0.095 107.927 0.111
202006 0.094 108.401 0.109
202009 0.138 108.164 0.161
202012 0.141 108.559 0.164
202103 0.147 110.298 0.168
202106 0.190 111.720 0.215
202109 0.188 112.905 0.210
202112 0.185 113.774 0.205
202203 0.183 117.646 0.196
202206 0.181 120.806 0.189
202209 0.183 120.648 0.192
202212 0.180 120.964 0.188
202303 0.179 122.702 0.184
202306 0.177 124.203 0.180
202309 0.177 125.230 0.178
202312 0.174 125.072 0.176
202403 0.166 126.258 0.166

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.


Defiance Silver  (TSXV:DEF) 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.


Defiance Silver Cyclically Adjusted PB Ratio Related Terms

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


Defiance Silver Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Defiance Silver Corp is a Mexico-based silver, gold, copper, and polymetallic exploration and development company actively engaged in advancing two major projects in Mexico, including the Zacatecas silver projects in the historic mining region of Zacatecas, and the Tepal copper-gold project in Michoacan, Mexico.
Executives
Breakaway Strategic Resources Segregated Portfolio 10% Security Holder

Defiance Silver Headlines