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American Critical Elements (XCNQ:ACRE) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is American Critical Elements Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Critical Elements Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Critical Elements'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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American Critical Elements Cyclically Adjusted PB Ratio Chart

American Critical Elements Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
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American Critical Elements Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of American Critical Elements's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, American Critical Elements'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.


American Critical Elements's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Critical Elements's Cyclically Adjusted PB Ratio falls into.



American Critical Elements 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.

American Critical Elements's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, American Critical Elements'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)
=0.016/125.0724*125.0724
=0.016

Current CPI (Jan. 2024) = 125.0724.

American Critical Elements Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.025 98.920 -0.032
201407 -0.027 99.315 -0.034
201410 -0.032 99.473 -0.040
201501 -0.047 98.209 -0.060
201504 -0.104 99.710 -0.130
201507 -0.105 100.579 -0.131
201510 -0.108 100.500 -0.134
201601 -0.109 100.184 -0.136
201604 -0.120 101.370 -0.148
201607 -0.121 101.844 -0.149
201610 -0.124 102.002 -0.152
201701 -0.106 102.318 -0.130
201704 -0.113 103.029 -0.137
201707 -0.116 103.029 -0.141
201710 -0.121 103.424 -0.146
201801 0.023 104.056 0.028
201804 0.017 105.320 0.020
201807 0.014 106.110 0.017
201810 0.012 105.952 0.014
201901 0.011 105.557 0.013
201904 0.010 107.453 0.012
201907 0.008 108.243 0.009
201910 0.008 107.927 0.009
202001 0.006 108.085 0.007
202004 0.004 107.216 0.005
202007 0.003 108.401 0.003
202010 0.002 108.638 0.002
202101 0.004 109.192 0.005
202104 0.002 110.851 0.002
202107 0.002 112.431 0.002
202110 0.001 113.695 0.001
202201 0.002 114.801 0.002
202204 0.000 118.357 0.000
202207 0.000 120.964 0.000
202210 -0.002 121.517 -0.002
202301 0.020 121.596 0.021
202304 0.018 123.571 0.018
202307 0.018 124.914 0.018
202310 0.017 125.310 0.017
202401 0.016 125.072 0.016

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.


American Critical Elements  (XCNQ:ACRE) 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.


American Critical Elements Cyclically Adjusted PB Ratio Related Terms

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American Critical Elements (XCNQ:ACRE) Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 1895, Vancouver, BC, CAN, V6E 3X1
American Critical Elements Inc is a Canadian-based exploration stage company. It is mainly engaged in the acquisition, exploration, and development of mineral resources. It has interests in the True Blue Property in the Yukon Territory.

American Critical Elements (XCNQ:ACRE) Headlines