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Green Arrow Resources (TSXV:GAR.H) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Green Arrow Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Arrow Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Arrow 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.

Green Arrow Resources Cyclically Adjusted PB Ratio Chart

Green Arrow 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 0.08 0.25 1.61 - -

Green Arrow Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

Competitive Comparison of Green Arrow Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Green Arrow 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.


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

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

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



Green Arrow 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.

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

For example, Green Arrow 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)
=-0.036/125.0724*125.0724
=-0.036

Current CPI (Dec. 2023) = 125.0724.

Green Arrow Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.006 98.604 -0.008
201406 -0.022 99.473 -0.028
201409 -0.032 99.394 -0.040
201412 -0.005 98.367 -0.006
201503 -0.013 99.789 -0.016
201506 -0.022 100.500 -0.027
201509 -0.028 100.421 -0.035
201512 -0.035 99.947 -0.044
201603 -0.042 101.054 -0.052
201606 -0.049 102.002 -0.060
201609 -0.053 101.765 -0.065
201612 -0.060 101.449 -0.074
201703 -0.062 102.634 -0.076
201706 -0.030 103.029 -0.036
201709 -0.031 103.345 -0.038
201712 -0.042 103.345 -0.051
201803 -0.046 105.004 -0.055
201806 -0.049 105.557 -0.058
201809 -0.053 105.636 -0.063
201812 -0.056 105.399 -0.066
201903 -0.058 106.979 -0.068
201906 -0.060 107.690 -0.070
201909 -0.061 107.611 -0.071
201912 -0.063 107.769 -0.073
202003 -0.065 107.927 -0.075
202006 -0.067 108.401 -0.077
202009 -0.030 108.164 -0.035
202012 -0.033 108.559 -0.038
202103 -0.026 110.298 -0.029
202106 -0.027 111.720 -0.030
202109 -0.028 112.905 -0.031
202112 -0.029 113.774 -0.032
202203 -0.030 117.646 -0.032
202206 -0.030 120.806 -0.031
202209 -0.031 120.648 -0.032
202212 -0.032 120.964 -0.033
202303 -0.033 122.702 -0.034
202306 -0.034 124.203 -0.034
202309 -0.035 125.230 -0.035
202312 -0.036 125.072 -0.036

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.


Green Arrow Resources  (TSXV:GAR.H) 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.


Green Arrow Resources Cyclically Adjusted PB Ratio Related Terms

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Green Arrow Resources (TSXV:GAR.H) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C3P6
Green Arrow Resources Inc is a junior mineral exploration company. Principally, it is engaged in the acquisition, exploration, and development of mineral resources properties. The company is focused on the development of the Goatfell Property. The property is located near Creston, British Columbia.

Green Arrow Resources (TSXV:GAR.H) Headlines

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