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Tajiri Resources (TSXV:TAJ) Cyclically Adjusted PB Ratio : 1.38 (As of May. 25, 2025)


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What is Tajiri Resources Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Tajiri Resources's current share price is C$0.055. Tajiri Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was C$0.04. Tajiri Resources's Cyclically Adjusted PB Ratio for today is 1.38.

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

TSXV:TAJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.33
Current: 1.33

During the past years, Tajiri Resources's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.00. And the median was 0.00.

TSXV:TAJ's Cyclically Adjusted PB Ratio is ranked worse than
63.67% of 1533 companies
in the Metals & Mining industry
Industry Median: 0.96 vs TSXV:TAJ: 1.33

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.

Tajiri Resources's adjusted book value per share data for the three months ended in Jan. 2025 was C$0.022. 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$0.04 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tajiri Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tajiri 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.

Tajiri Resources Cyclically Adjusted PB Ratio Chart

Tajiri Resources Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 1.09 0.90 0.79 0.51

Tajiri Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.29 0.51 1.40 1.14 1.33

Competitive Comparison of Tajiri Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Tajiri 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.


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

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

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


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Tajiri 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.055/0.04
=1.38

* 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.

Tajiri Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Tajiri Resources's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.022/127.4427*127.4427
=0.022

Current CPI (Jan. 2025) = 127.4427.

Tajiri Resources Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.090 99.710 0.115
201507 0.090 100.579 0.114
201510 0.093 100.500 0.118
201601 0.061 100.184 0.078
201604 -0.008 101.370 -0.010
201607 -0.009 101.844 -0.011
201610 -0.005 102.002 -0.006
201701 0.028 102.318 0.035
201704 0.026 103.029 0.032
201707 0.025 103.029 0.031
201710 0.026 103.424 0.032
201801 0.025 104.056 0.031
201804 0.024 105.320 0.029
201807 0.032 106.110 0.038
201810 0.055 105.952 0.066
201901 0.043 105.557 0.052
201904 0.041 107.453 0.049
201907 0.039 108.243 0.046
201910 0.039 107.927 0.046
202001 0.039 108.085 0.046
202004 0.034 107.216 0.040
202007 0.036 108.401 0.042
202010 0.053 108.638 0.062
202101 0.052 109.192 0.061
202104 0.051 110.851 0.059
202107 0.051 112.431 0.058
202110 0.050 113.695 0.056
202201 0.054 114.801 0.060
202204 0.026 118.357 0.028
202207 0.026 120.964 0.027
202210 0.025 121.517 0.026
202301 0.024 121.596 0.025
202304 0.023 123.571 0.024
202307 0.023 124.914 0.023
202310 0.022 125.310 0.022
202401 0.021 125.072 0.021
202404 0.020 126.890 0.020
202407 0.020 128.075 0.020
202410 0.021 127.838 0.021
202501 0.022 127.443 0.022

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.


Tajiri Resources  (TSXV:TAJ) 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.


Tajiri Resources Cyclically Adjusted PB Ratio Related Terms

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


Tajiri Resources Business Description

Traded in Other Exchanges
Address
12th Street, No. 3A 709, New Westminster, BC, CAN, V3M 4J7
Tajiri Resources Corp is a Canada based company engaged in the acquisition and exploration of mineral properties. The company exploration assets are located in two of the worlds less explored and prospective greenstone belts of Burkina Faso, West Africa and Guyana, South America.
Executives
Graham Keevil Director, Senior Officer

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