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Kesselrun Resources (TSXV:KES) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 03, 2024)


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What is Kesselrun Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Kesselrun Resources's current share price is C$0.07. Kesselrun Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.09. Kesselrun Resources's Cyclically Adjusted PB Ratio for today is 0.78.

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

TSXV:KES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.8
Current: 0.75

During the past years, Kesselrun Resources's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.00. And the median was 0.00.

TSXV:KES's Cyclically Adjusted PB Ratio is ranked better than
53.63% of 1624 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSXV:KES: 0.75

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.

Kesselrun Resources's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.099. 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$0.09 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kesselrun Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kesselrun 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.

Kesselrun Resources Cyclically Adjusted PB Ratio Chart

Kesselrun Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.75 0.39 0.31

Kesselrun 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 0.40 0.45 0.31 0.36 0.37

Competitive Comparison of Kesselrun Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Kesselrun 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.


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

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

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



Kesselrun 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.07/0.09
=0.78

* 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.

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

For example, Kesselrun 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)
=0.099/125.0724*125.0724
=0.099

Current CPI (Jan. 2024) = 125.0724.

Kesselrun Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.142 98.920 0.180
201407 0.040 99.315 0.050
201410 0.038 99.473 0.048
201501 0.037 98.209 0.047
201504 0.035 99.710 0.044
201507 0.015 100.579 0.019
201510 0.014 100.500 0.017
201601 0.016 100.184 0.020
201604 0.019 101.370 0.023
201607 0.052 101.844 0.064
201610 0.049 102.002 0.060
201701 0.053 102.318 0.065
201704 0.051 103.029 0.062
201707 0.132 103.029 0.160
201710 0.130 103.424 0.157
201801 0.115 104.056 0.138
201804 0.113 105.320 0.134
201807 0.103 106.110 0.121
201810 0.087 105.952 0.103
201901 0.093 105.557 0.110
201904 0.082 107.453 0.095
201907 0.081 108.243 0.094
201910 0.076 107.927 0.088
202001 0.075 108.085 0.087
202004 0.072 107.216 0.084
202007 0.080 108.401 0.092
202010 0.077 108.638 0.089
202101 0.111 109.192 0.127
202104 0.110 110.851 0.124
202107 0.113 112.431 0.126
202110 0.111 113.695 0.122
202201 0.112 114.801 0.122
202204 0.112 118.357 0.118
202207 0.108 120.964 0.112
202210 0.114 121.517 0.117
202301 0.112 121.596 0.115
202304 0.111 123.571 0.112
202307 0.102 124.914 0.102
202310 0.100 125.310 0.100
202401 0.099 125.072 0.099

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.


Kesselrun Resources  (TSXV:KES) 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.


Kesselrun Resources Cyclically Adjusted PB Ratio Related Terms

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


Kesselrun Resources (TSXV:KES) Business Description

Traded in Other Exchanges
Address
278 Bay Street, Suite 102, Thunder Bay, ON, CAN, P7B 1R8
Kesselrun Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its principal focus is its Bluffpoint property located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake, and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It also holds an interest in the Huronian Property, which is located in Moss Township, Thunder Bay Mining Division, Ontario. the Huronian property is wholly owned by the company and provides gold trends and other materials.
Executives
Caitlin Leigh Jeffs Director

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