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Sandfire Resources America (Sandfire Resources America) Cyclically Adjusted PB Ratio : 19.00 (As of Apr. 28, 2024)


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What is Sandfire Resources America Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Sandfire Resources America's current share price is $0.19. Sandfire Resources America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.01. Sandfire Resources America's Cyclically Adjusted PB Ratio for today is 19.00.

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

SRAFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 16.97
Current: 15.75

During the past years, Sandfire Resources America's highest Cyclically Adjusted PB Ratio was 16.97. The lowest was 0.00. And the median was 0.00.

SRAFF's Cyclically Adjusted PB Ratio is ranked worse than
97.45% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs SRAFF: 15.75

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.

Sandfire Resources America's adjusted book value per share data for the three months ended in Mar. 2024 was $-0.014. 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 $0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sandfire Resources America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sandfire Resources America'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.

Sandfire Resources America Cyclically Adjusted PB Ratio Chart

Sandfire Resources America Annual Data
Trend Sep14 Sep15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 3.64 6.09 4.89 5.39

Sandfire Resources America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.84 5.39 4.45 4.77 15.15

Competitive Comparison of Sandfire Resources America's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Sandfire Resources America'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.


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

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

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



Sandfire Resources America 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.19/0.01
=19.00

* 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.

Sandfire Resources America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sandfire Resources America's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.014/125.4675*125.4675
=-0.014

Current CPI (Mar. 2024) = 125.4675.

Sandfire Resources America Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.019 99.473 0.024
201409 0.051 99.394 0.064
201412 0.044 98.367 0.056
201503 0.037 99.789 0.047
201506 0.031 100.500 0.039
201509 0.024 100.421 0.030
201512 0.020 99.947 0.025
201603 0.017 101.054 0.021
201606 0.013 102.002 0.016
201609 0.010 101.765 0.012
201612 0.014 101.449 0.017
201703 0.011 102.634 0.013
201706 0.009 103.029 0.011
201709 0.007 103.345 0.008
201712 0.017 103.345 0.021
201803 0.011 105.004 0.013
201806 0.008 105.557 0.010
201809 0.006 105.636 0.007
201812 0.016 105.399 0.019
201903 0.012 106.979 0.014
201906 0.010 107.690 0.012
201909 0.007 107.611 0.008
201912 0.005 107.769 0.006
202003 0.003 107.927 0.003
202006 0.001 108.401 0.001
202009 -0.002 108.164 -0.002
202012 0.020 108.559 0.023
202103 0.016 110.298 0.018
202106 0.015 111.720 0.017
202109 0.000 112.905 0.000
202112 0.008 113.774 0.009
202203 0.003 117.646 0.003
202206 0.002 120.806 0.002
202209 -0.001 120.648 -0.001
202212 -0.003 120.964 -0.003
202303 -0.005 122.702 -0.005
202306 -0.006 124.203 -0.006
202309 -0.008 125.230 -0.008
202312 -0.010 125.468 -0.010
202403 -0.014 125.468 -0.014

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.


Sandfire Resources America  (OTCPK:SRAFF) 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.


Sandfire Resources America Cyclically Adjusted PB Ratio Related Terms

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


Sandfire Resources America (Sandfire Resources America) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Sandfire Resources America Inc is engaged in the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The property contains sediment-hosted zones of massive sulfide mineralization. The drilling encountered significant zones of strata-bound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Super group. The Company's operations are limited to a single industry segment being the acquisition, exploration, and development of resource properties.