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WHYRF (West High Yield (W.H.Y.) Resources) Cyclically Adjusted PB Ratio : (As of Jan. 19, 2025)


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What is West High Yield (W.H.Y.) Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


West High Yield (W.H.Y.) Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for West High Yield (W.H.Y.) 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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West High Yield (W.H.Y.) Resources Cyclically Adjusted PB Ratio Chart

West High Yield (W.H.Y.) Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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West High Yield (W.H.Y.) Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of West High Yield (W.H.Y.) Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, West High Yield (W.H.Y.) 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.


West High Yield (W.H.Y.) Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West High Yield (W.H.Y.) Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where West High Yield (W.H.Y.) Resources's Cyclically Adjusted PB Ratio falls into.



West High Yield (W.H.Y.) 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.

West High Yield (W.H.Y.) Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, West High Yield (W.H.Y.) Resources's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.048/127.2847*127.2847
=-0.048

Current CPI (Sep. 2024) = 127.2847.

West High Yield (W.H.Y.) Resources Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.001 98.367 0.001
201503 -0.002 99.789 -0.003
201506 0.001 100.500 0.001
201509 0.000 100.421 0.000
201512 -0.004 99.947 -0.005
201603 -0.006 101.054 -0.008
201606 -0.007 102.002 -0.009
201609 -0.019 101.765 -0.024
201612 -0.029 101.449 -0.036
201703 -0.032 102.634 -0.040
201706 -0.031 103.029 -0.038
201709 -0.029 103.345 -0.036
201712 -0.040 103.345 -0.049
201803 -0.036 105.004 -0.044
201806 -0.039 105.557 -0.047
201809 -0.041 105.636 -0.049
201812 -0.046 105.399 -0.056
201903 -0.044 106.979 -0.052
201906 -0.041 107.690 -0.048
201909 -0.043 107.611 -0.051
201912 -0.048 107.769 -0.057
202003 -0.048 107.927 -0.057
202006 -0.051 108.401 -0.060
202009 -0.055 108.164 -0.065
202012 -0.058 108.559 -0.068
202103 -0.061 110.298 -0.070
202106 -0.064 111.720 -0.073
202109 -0.063 112.905 -0.071
202112 -0.037 113.774 -0.041
202203 -0.032 117.646 -0.035
202206 -0.015 120.806 -0.016
202209 -0.028 120.648 -0.030
202212 -0.026 120.964 -0.027
202303 -0.029 122.702 -0.030
202306 -0.034 124.203 -0.035
202309 -0.039 125.230 -0.040
202312 -0.035 125.072 -0.036
202403 -0.040 126.258 -0.040
202406 -0.043 127.522 -0.043
202409 -0.048 127.285 -0.048

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.


West High Yield (W.H.Y.) Resources  (OTCPK:WHYRF) 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.


West High Yield (W.H.Y.) Resources Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of West High Yield (W.H.Y.) Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


West High Yield (W.H.Y.) Resources Business Description

Traded in Other Exchanges
Address
110 Hamptons Landing North West, P.O.Box 68121, Calgary, AB, CAN, T3G 3N8
West High Yield (W.H.Y.) Resources Ltd is a mining exploration company. Its objective is to bring into production the greenest deposits of high-grade 99% magnesium purity. Magnesium can be used to make Magnesium Ingots/Electric Vehicles, Magnesium Batteries, Pharmaceuticals/Supplements, Magnesium Wall Board, Magnesium Cement, and Magnesium Nitrate Fertilizer.

West High Yield (W.H.Y.) Resources Headlines

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