Silver Spruce Resources (TSXV:SSE) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

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What is Silver Spruce Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Silver Spruce Resources  (TSXV:SSE) 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.


Silver Spruce Resources Cyclically Adjusted PB Ratio Related Terms


Silver Spruce Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Silver Spruce 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.

Silver Spruce Resources Cyclically Adjusted PB Ratio Chart

Silver Spruce Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 13.66 0.00 0.00 0.00

Silver Spruce Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00

Silver Spruce Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Silver Spruce 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.


Silver Spruce Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Silver Spruce 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.

Silver Spruce Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Silver Spruce Resources's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.013/132.7364*132.7364
=0.013

Current CPI (Apr. 2026) = 132.7364.

Silver Spruce Resources Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.934 101.844 -1.217
201610 -0.080 102.002 -0.104
201701 -0.150 102.318 -0.195
201704 -0.075 103.029 -0.097
201707 0.146 103.029 0.188
201710 0.064 103.424 0.082
201801 0.026 104.056 0.033
201804 -0.018 105.320 -0.023
201807 0.012 106.110 0.015
201810 -0.035 105.952 -0.044
201901 -0.054 105.557 -0.068
201904 0.004 107.453 0.005
201907 -0.030 108.243 -0.037
201910 -0.065 107.927 -0.080
202001 -0.040 108.085 -0.049
202004 -0.005 107.216 -0.006
202007 -0.025 108.401 -0.031
202010 0.136 108.638 0.166
202101 0.159 109.192 0.193
202104 0.127 110.851 0.152
202107 0.072 112.431 0.085
202110 0.093 113.695 0.109
202201 0.058 114.801 0.067
202204 0.040 118.357 0.045
202207 0.009 120.964 0.010
202210 0.002 121.517 0.002
202301 -0.011 121.596 -0.012
202304 0.028 123.571 0.030
202307 0.022 124.914 0.023
202310 0.010 125.310 0.011
202401 -0.003 125.072 -0.003
202404 -0.015 126.890 -0.016
202407 -0.006 128.075 -0.006
202410 -0.011 127.838 -0.011
202501 -0.017 127.443 -0.018
202504 -0.022 129.102 -0.023
202507 -0.024 130.290 -0.024
202510 -0.028 130.603 -0.028
202601 0.003 130.366 0.003
202604 0.013 132.736 0.013

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.


Silver Spruce Resources Business Description

Other Exchanges SSEBF:USAS6Q:Germany
Address 1550 Bedford Highway, Suite 802, Sun Tower, Bedford, NS, CAN, B4A 1E6
Silver Spruce Resources Inc is a junior exploration company focused on exploration for precious and base metals. Its project portfolio comprises the Jackie Project, an early-stage epithermal project located in Sonora, Mexico; the Pino de Plata Project, a high-grade silver property in Chihuahua, Mexico; and the Melchett Lake Project, a polymetallic project with historical drilling in the Thunder Bay Mining District of Ontario.