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Cariboo Rose Resources (Cariboo Rose Resources) Cyclically Adjusted PB Ratio : 0.93 (As of May. 16, 2024)


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What is Cariboo Rose Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Cariboo Rose Resources's current share price is $0.037. Cariboo Rose Resources's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $0.04. Cariboo Rose Resources's Cyclically Adjusted PB Ratio for today is 0.93.

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

CROOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.28
Current: 1.18

During the past years, Cariboo Rose Resources's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.00. And the median was 0.00.

CROOF's Cyclically Adjusted PB Ratio is ranked worse than
58.17% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.855 vs CROOF: 1.18

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.

Cariboo Rose Resources's adjusted book value per share data for the three months ended in Nov. 2023 was $0.025. 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 $0.04 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cariboo Rose Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cariboo Rose 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.

Cariboo Rose Resources Cyclically Adjusted PB Ratio Chart

Cariboo Rose Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 1.02 1.81 1.37 0.87

Cariboo Rose Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.76 0.87 1.07 0.75 0.75

Competitive Comparison of Cariboo Rose Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Cariboo Rose 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.


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

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

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



Cariboo Rose 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.037/0.04
=0.93

* 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.

Cariboo Rose Resources's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Cariboo Rose Resources's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.025/125.4675*125.4675
=0.025

Current CPI (Nov. 2023) = 125.4675.

Cariboo Rose Resources Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.029 98.051 0.037
201405 0.028 99.394 0.035
201408 0.027 99.315 0.034
201411 0.025 99.078 0.032
201502 0.022 99.078 0.028
201505 0.026 100.263 0.033
201508 0.021 100.579 0.026
201511 0.020 100.421 0.025
201602 0.018 100.421 0.022
201605 0.021 101.765 0.026
201608 0.022 101.686 0.027
201611 0.021 101.607 0.026
201702 0.037 102.476 0.045
201705 0.030 103.108 0.037
201708 0.034 103.108 0.041
201711 0.033 103.740 0.040
201802 0.032 104.688 0.038
201805 0.031 105.399 0.037
201808 0.030 106.031 0.035
201811 0.029 105.478 0.034
201902 0.028 106.268 0.033
201905 0.027 107.927 0.031
201908 0.052 108.085 0.060
201911 0.053 107.769 0.062
202002 0.039 108.559 0.045
202005 0.037 107.532 0.043
202008 0.039 108.243 0.045
202011 0.039 108.796 0.045
202102 0.039 109.745 0.045
202105 0.040 111.404 0.045
202108 0.038 112.668 0.042
202111 0.037 113.932 0.041
202202 0.035 115.986 0.038
202205 0.035 120.016 0.037
202208 0.034 120.569 0.035
202211 0.032 121.675 0.033
202302 0.029 122.070 0.030
202305 0.028 124.045 0.028
202308 0.027 125.389 0.027
202311 0.025 125.468 0.025

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.


Cariboo Rose Resources  (OTCPK:CROOF) 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.


Cariboo Rose Resources Cyclically Adjusted PB Ratio Related Terms

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


Cariboo Rose Resources (Cariboo Rose Resources) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 110, Vancouver, BC, CAN, V6C 1Z7
Cariboo Rose Resources Ltd is a Canadian resource company. The principal business activities of the company are the acquisition and exploration of gold, copper and other precious and base metal properties in Canada. Its projects portfolio includes Lightning Strike; Carruthers Pass; CHG; PAT; Cowtrail; Koster Dam and Coquigold.

Cariboo Rose Resources (Cariboo Rose Resources) Headlines

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