GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Starrex International Ltd (OTCPK:STXMF) » Definitions » Cyclically Adjusted PB Ratio

Starrex International (Starrex International) Cyclically Adjusted PB Ratio : 0.51 (As of Jun. 11, 2024)


View and export this data going back to . Start your Free Trial

What is Starrex International Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Starrex International's current share price is $0.0864. Starrex International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.17. Starrex International's Cyclically Adjusted PB Ratio for today is 0.51.

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

STXMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 4.31   Max: 9.42
Current: 0.41

During the past years, Starrex International's highest Cyclically Adjusted PB Ratio was 9.42. The lowest was 0.36. And the median was 4.31.

STXMF's Cyclically Adjusted PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.9 vs STXMF: 0.41

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.

Starrex International's adjusted book value per share data for the three months ended in Dec. 2023 was $0.229. 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 $0.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starrex International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Starrex International'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.

Starrex International Cyclically Adjusted PB Ratio Chart

Starrex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 4.23 7.63 8.84 0.51

Starrex International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.84 5.46 3.62 2.56 0.51

Competitive Comparison of Starrex International's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Starrex International'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.


Starrex International's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Starrex International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Starrex International 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.

Starrex International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0864/0.17
=0.51

* 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.

Starrex International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Starrex International's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.229/125.0724*125.0724
=0.229

Current CPI (Dec. 2023) = 125.0724.

Starrex International Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.149 98.604 0.189
201406 0.139 99.473 0.175
201409 0.258 99.394 0.325
201412 0.292 98.367 0.371
201503 0.248 99.789 0.311
201506 0.250 100.500 0.311
201509 0.254 100.421 0.316
201512 0.235 99.947 0.294
201603 0.218 101.054 0.270
201606 0.203 102.002 0.249
201609 0.191 101.765 0.235
201612 0.182 101.449 0.224
201703 0.135 102.634 0.165
201706 0.132 103.029 0.160
201709 0.130 103.345 0.157
201712 0.125 103.345 0.151
201803 0.125 105.004 0.149
201806 0.111 105.557 0.132
201809 0.102 105.636 0.121
201812 0.083 105.399 0.098
201903 0.064 106.979 0.075
201906 0.100 107.690 0.116
201909 0.092 107.611 0.107
201912 0.054 107.769 0.063
202003 0.077 107.927 0.089
202006 0.096 108.401 0.111
202009 0.122 108.164 0.141
202012 0.183 108.559 0.211
202103 0.210 110.298 0.238
202106 0.227 111.720 0.254
202109 0.243 112.905 0.269
202112 0.220 113.774 0.242
202203 0.221 117.646 0.235
202206 0.217 120.806 0.225
202209 0.197 120.648 0.204
202212 0.503 120.964 0.520
202303 0.508 122.702 0.518
202306 0.432 124.203 0.435
202309 0.451 125.230 0.450
202312 0.229 125.072 0.229

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.


Starrex International  (OTCPK:STXMF) 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.


Starrex International Cyclically Adjusted PB Ratio Related Terms

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


Starrex International (Starrex International) Business Description

Traded in Other Exchanges
Address
1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Property Interlink, LLC managed residential appraisals and maintained all of the ordering, tracking, administrative duties and details and ensured the timeliness of appraisals that are handled during a real estate mortgage transaction, MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities, and Reliable Valuation Service, LLC provided residential evaluations of residential real estate to third parties.