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Surge Battery Metals (TSXV:NILI) Cyclically Adjusted PB Ratio : (As of May. 29, 2025)


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What is Surge Battery Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Surge Battery Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Surge Battery Metals'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.

Surge Battery Metals Cyclically Adjusted PB Ratio Chart

Surge Battery Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.13 0.60 5.34 -

Surge Battery Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.34 5.79 78.28 - -

Competitive Comparison of Surge Battery Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Surge Battery Metals'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.


Surge Battery Metals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Surge Battery Metals's Cyclically Adjusted PB Ratio falls into.


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Surge Battery Metals 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.

Surge Battery Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Surge Battery Metals's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.072/127.3637*127.3637
=0.072

Current CPI (Dec. 2024) = 127.3637.

Surge Battery Metals Quarterly Data

Book Value per Share CPI Adj_Book
201503 -0.952 99.789 -1.215
201506 -0.476 100.500 -0.603
201509 -0.393 100.421 -0.498
201512 -0.246 99.947 -0.313
201603 -0.163 101.054 -0.205
201606 -0.043 102.002 -0.054
201609 -0.040 101.765 -0.050
201612 -0.136 101.449 -0.171
201703 -0.167 102.634 -0.207
201706 -0.184 103.029 -0.227
201709 -0.244 103.345 -0.301
201712 0.215 103.345 0.265
201803 0.213 105.004 0.258
201806 0.170 105.557 0.205
201809 0.155 105.636 0.187
201812 0.119 105.399 0.144
201903 0.088 106.979 0.105
201906 0.089 107.690 0.105
201909 0.115 107.611 0.136
201912 0.035 107.769 0.041
202003 0.023 107.927 0.027
202006 0.010 108.401 0.012
202009 -0.001 108.164 -0.001
202012 -0.008 108.559 -0.009
202103 0.053 110.298 0.061
202106 0.055 111.720 0.063
202109 0.055 112.905 0.062
202112 0.061 113.774 0.068
202203 0.058 117.646 0.063
202206 0.055 120.806 0.058
202209 0.051 120.648 0.054
202212 0.043 120.964 0.045
202303 0.052 122.702 0.054
202306 0.111 124.203 0.114
202309 0.097 125.230 0.099
202312 0.102 125.072 0.104
202403 0.097 126.258 0.098
202406 0.094 127.522 0.094
202409 0.090 127.285 0.090
202412 0.072 127.364 0.072

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.


Surge Battery Metals  (TSXV:NILI) 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.


Surge Battery Metals Cyclically Adjusted PB Ratio Related Terms

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Surge Battery Metals Business Description

Traded in Other Exchanges
Address
300 – 1455 Bellevue Avenue, West Vancouver, BC, CAN, V7T 1C3
Surge Battery Metals Inc is an exploration stage company engaged in the acquisition, exploration and development of mineral properties carried out in Canada and USA. Its project include Nevada North Lithium Project, San Emidio Lithium Project and Nickel Project.
Executives
Graham Harris Director
Iain Scarr Director
Brian Morrison Senior Officer
Terrence O'connor Director
Renata Kubicek Senior Officer
Greg Reimer Director, Senior Officer
Robert Guanzon Senior Officer
William Macdonald Director

Surge Battery Metals Headlines

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