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Pacific Arc Resources (TSXV:PAV.H) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 19, 2024)


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What is Pacific Arc Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Pacific Arc Resources's current share price is C$0.03. Pacific Arc Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.09. Pacific Arc Resources's Cyclically Adjusted PB Ratio for today is 0.33.

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

TSXV:PAV.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.28
Current: 0.34

During the past years, Pacific Arc Resources's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.00. And the median was 0.00.

TSXV:PAV.H's Cyclically Adjusted PB Ratio is ranked better than
70.87% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.81 vs TSXV:PAV.H: 0.34

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.

Pacific Arc Resources's adjusted book value per share data for the three months ended in Jan. 2024 was C$-0.008. 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


Pacific Arc Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pacific Arc 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.

Pacific Arc Resources Cyclically Adjusted PB Ratio Chart

Pacific Arc Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.35 0.64 - 1.61

Pacific Arc 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 - 1.04 0.86 0.96 1.61

Competitive Comparison of Pacific Arc Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Pacific Arc 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.


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

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

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



Pacific Arc 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.09
=0.33

* 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.

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

For example, Pacific Arc 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)
=-0.008/125.0724*125.0724
=-0.008

Current CPI (Jan. 2024) = 125.0724.

Pacific Arc Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.595 98.920 0.752
201407 0.562 99.315 0.708
201410 0.530 99.473 0.666
201501 0.474 98.209 0.604
201504 0.445 99.710 0.558
201507 0.411 100.579 0.511
201510 0.381 100.500 0.474
201601 -0.225 100.184 -0.281
201604 -0.254 101.370 -0.313
201607 -0.262 101.844 -0.322
201610 -0.030 102.002 -0.037
201701 -0.032 102.318 -0.039
201704 -0.020 103.029 -0.024
201707 -0.021 103.029 -0.025
201710 -0.012 103.424 -0.015
201801 0.023 104.056 0.028
201804 0.023 105.320 0.027
201807 0.022 106.110 0.026
201810 0.020 105.952 0.024
201901 0.011 105.557 0.013
201904 0.017 107.453 0.020
201907 0.013 108.243 0.015
201910 0.010 107.927 0.012
202001 0.007 108.085 0.008
202004 0.011 107.216 0.013
202007 0.004 108.401 0.005
202010 0.001 108.638 0.001
202101 -0.003 109.192 -0.003
202104 -0.006 110.851 -0.007
202107 -0.011 112.431 -0.012
202110 -0.002 113.695 -0.002
202201 0.012 114.801 0.013
202204 0.010 118.357 0.011
202207 0.006 120.964 0.006
202210 0.004 121.517 0.004
202301 0.000 121.596 0.000
202304 -0.002 123.571 -0.002
202307 -0.002 124.914 -0.002
202310 -0.005 125.310 -0.005
202401 -0.008 125.072 -0.008

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.


Pacific Arc Resources  (TSXV:PAV.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.


Pacific Arc Resources Cyclically Adjusted PB Ratio Related Terms

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


Pacific Arc Resources (TSXV:PAV.H) Business Description

Traded in Other Exchanges
N/A
Address
885-Dunsmuir Street, Suit 410, Vancouver, BC, CAN, V6C 1N5
Pacific Arc Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties. The company is currently exploring other business opportunities.

Pacific Arc Resources (TSXV:PAV.H) Headlines

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