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Serrano Resources (TSXV:SC.H) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is Serrano Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Serrano Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Serrano 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.

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Serrano Resources Cyclically Adjusted PB Ratio Chart

Serrano Resources 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 0.18 7.98 - - -

Serrano Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 - - - - -

Competitive Comparison of Serrano Resources's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Serrano 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.


Serrano Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Serrano Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Serrano 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.

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

For example, Serrano Resources'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)
=-0.006/127.3637*127.3637
=-0.006

Current CPI (Dec. 2024) = 127.3637.

Serrano Resources Quarterly Data

Book Value per Share CPI Adj_Book
201412 -3.535 98.367 -4.577
201503 -3.773 99.789 -4.816
201506 -3.707 100.500 -4.698
201509 -3.978 100.421 -5.045
201512 -4.095 99.947 -5.218
201603 -3.891 101.054 -4.904
201606 -3.874 102.002 -4.837
201609 -3.881 101.765 -4.857
201612 -3.981 101.449 -4.998
201703 -3.946 102.634 -4.897
201706 -3.851 103.029 -4.761
201709 -3.694 103.345 -4.553
201712 -0.098 103.345 -0.121
201803 -0.101 105.004 -0.123
201806 -0.101 105.557 -0.122
201809 -0.101 105.636 -0.122
201812 -0.008 105.399 -0.010
201903 -0.009 106.979 -0.011
201906 -0.002 107.690 -0.002
201909 -0.002 107.611 -0.002
201912 -0.003 107.769 -0.004
202003 -0.003 107.927 -0.004
202006 -0.003 108.401 -0.004
202009 -0.003 108.164 -0.004
202012 -0.004 108.559 -0.005
202103 -0.004 110.298 -0.005
202106 -0.004 111.720 -0.005
202109 -0.004 112.905 -0.005
202112 -0.004 113.774 -0.004
202203 -0.004 117.646 -0.004
202206 -0.005 120.806 -0.005
202209 -0.005 120.648 -0.005
202212 -0.005 120.964 -0.005
202303 -0.005 122.702 -0.005
202306 -0.005 124.203 -0.005
202309 -0.005 125.230 -0.005
202312 -0.006 125.072 -0.006
202403 -0.006 126.258 -0.006
202409 -0.006 127.285 -0.006
202412 -0.006 127.364 -0.006

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.


Serrano Resources  (TSXV:SC.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.


Serrano Resources Cyclically Adjusted PB Ratio Related Terms

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Serrano Resources Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 West Georgia Street, Suite 2020, Vancouver, BC, CAN, V6B 5A1
Serrano Resources Ltd is engaged in the acquisition and exploration of oil and gas properties.

Serrano Resources Headlines

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