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Great Atlantic Resources (TSXV:GR) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2024)


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What is Great Atlantic Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Atlantic Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Great Atlantic 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.

Great Atlantic Resources Cyclically Adjusted PB Ratio Chart

Great Atlantic Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.27 0.33 0.95 -

Great Atlantic Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 Great Atlantic Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Great Atlantic 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.


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

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

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



Great Atlantic 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.

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

For example, Great Atlantic Resources's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.029/125.4675*125.4675
=-0.029

Current CPI (Nov. 2023) = 125.4675.

Great Atlantic Resources Quarterly Data

Book Value per Share CPI Adj_Book
201402 -0.880 98.051 -1.126
201405 -0.922 99.394 -1.164
201408 -0.548 99.315 -0.692
201411 -0.489 99.078 -0.619
201502 -0.968 99.078 -1.226
201505 -0.992 100.263 -1.241
201508 -0.329 100.579 -0.410
201511 -0.365 100.421 -0.456
201602 -0.459 100.421 -0.573
201605 -0.503 101.765 -0.620
201608 -0.371 101.686 -0.458
201611 -0.368 101.607 -0.454
201702 -0.447 102.476 -0.547
201705 -0.373 103.108 -0.454
201708 -0.031 103.108 -0.038
201711 0.044 103.740 0.053
201802 -0.035 104.688 -0.042
201805 -0.080 105.399 -0.095
201808 -0.017 106.031 -0.020
201811 -0.035 105.478 -0.042
201902 -0.026 106.268 -0.031
201905 -0.054 107.927 -0.063
201908 -0.112 108.085 -0.130
201911 -0.129 107.769 -0.150
202002 -0.033 108.559 -0.038
202005 -0.010 107.532 -0.012
202008 -0.050 108.243 -0.058
202011 0.088 108.796 0.101
202102 0.090 109.745 0.103
202105 0.120 111.404 0.135
202108 0.158 112.668 0.176
202111 0.130 113.932 0.143
202202 0.091 115.986 0.098
202205 0.061 120.016 0.064
202208 0.042 120.569 0.044
202211 0.024 121.675 0.025
202302 0.013 122.070 0.013
202305 -0.001 124.045 -0.001
202308 -0.018 125.389 -0.018
202311 -0.029 125.468 -0.029

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.


Great Atlantic Resources  (TSXV:GR) 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.


Great Atlantic Resources Cyclically Adjusted PB Ratio Related Terms

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


Great Atlantic Resources (TSXV:GR) Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Great Atlantic Resources Corp is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in Atlantic Canada. Principally, the company explores for gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The company's New Brunswick project properties comprise kagoot brook, keymet, Macdougall road, and Porcupine.
Executives
Christopher Ross Anderson 10% Security Holder, Director

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