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Nubian Resources (Nubian Resources) Cyclically Adjusted PB Ratio : 0.95 (As of May. 26, 2024)


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What is Nubian Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Nubian Resources's current share price is $0.057. Nubian Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.06. Nubian Resources's Cyclically Adjusted PB Ratio for today is 0.95.

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

NBRFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.3
Current: 1.13

During the past years, Nubian Resources's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.00. And the median was 0.00.

NBRFF's Cyclically Adjusted PB Ratio is ranked worse than
56.8% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs NBRFF: 1.13

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.

Nubian Resources's adjusted book value per share data for the three months ended in Jan. 2024 was $0.120. 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 $0.06 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nubian Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nubian 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.

Nubian Resources Cyclically Adjusted PB Ratio Chart

Nubian Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 9.40 8.37 1.22 0.94

Nubian Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.65 1.16 0.94 0.76 0.53

Competitive Comparison of Nubian Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Nubian 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.


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

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

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



Nubian 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.057/0.06
=0.95

* 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.

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

For example, Nubian Resources'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)
=0.12/125.0724*125.0724
=0.120

Current CPI (Jan. 2024) = 125.0724.

Nubian Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.067 98.920 0.085
201407 -0.042 99.315 -0.053
201410 -0.042 99.473 -0.053
201501 -0.043 98.209 -0.055
201504 -0.045 99.710 -0.056
201507 -0.046 100.579 -0.057
201510 -0.047 100.500 -0.058
201601 -0.045 100.184 -0.056
201604 -0.053 101.370 -0.065
201607 -0.008 101.844 -0.010
201610 -0.009 102.002 -0.011
201701 -0.007 102.318 -0.009
201704 -0.008 103.029 -0.010
201707 0.006 103.029 0.007
201710 0.000 103.424 0.000
201801 0.003 104.056 0.004
201804 0.002 105.320 0.002
201807 0.023 106.110 0.027
201810 0.024 105.952 0.028
201901 0.023 105.557 0.027
201904 0.022 107.453 0.026
201907 0.022 108.243 0.025
201910 0.021 107.927 0.024
202001 0.020 108.085 0.023
202004 0.018 107.216 0.021
202007 0.039 108.401 0.045
202010 0.086 108.638 0.099
202101 0.112 109.192 0.128
202104 0.113 110.851 0.127
202107 0.131 112.431 0.146
202110 0.129 113.695 0.142
202201 0.214 114.801 0.233
202204 0.174 118.357 0.184
202207 0.207 120.964 0.214
202210 0.159 121.517 0.164
202301 0.155 121.596 0.159
202304 0.142 123.571 0.144
202307 0.154 124.914 0.154
202310 0.119 125.310 0.119
202401 0.120 125.072 0.120

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.


Nubian Resources  (OTCPK:NBRFF) 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.


Nubian Resources Cyclically Adjusted PB Ratio Related Terms

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


Nubian Resources (Nubian Resources) Business Description

Traded in Other Exchanges
Address
2526 Yale Court Road, Suite 202, Yale Court Plaza, Abbotsford, BC, CAN, V2S 8G9
Nubian Resources Ltd is a mineral exploration company. The company's principal operations are carried out in Canada, Australia, the United States, and Peru. Its projects include United States Properties, Esquilache, Stavely projects, Yandoit. The company's only segment is the exploration and evaluation of mineral properties. Geographically, key revenue is generated from Canada.

Nubian Resources (Nubian Resources) Headlines

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