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Treasury Metals (Treasury Metals) Cyclically Adjusted PB Ratio : 0.13 (As of May. 24, 2024)


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What is Treasury Metals Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Treasury Metals's current share price is $0.1733. Treasury Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.34. Treasury Metals's Cyclically Adjusted PB Ratio for today is 0.13.

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

TSRMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.14
Current: 0.14

During the past years, Treasury Metals's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.00. And the median was 0.00.

TSRMF's Cyclically Adjusted PB Ratio is ranked better than
85.66% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs TSRMF: 0.14

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.

Treasury Metals's adjusted book value per share data for the three months ended in Mar. 2024 was $0.396. 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 $1.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Treasury Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Treasury Metals'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.

Treasury Metals Cyclically Adjusted PB Ratio Chart

Treasury Metals 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 0.39 0.64 0.38 0.16 0.10

Treasury Metals 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 0.18 0.14 0.09 0.10 0.08

Competitive Comparison of Treasury Metals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Treasury Metals'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.


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

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

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



Treasury Metals 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.

Treasury Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1733/1.34
=0.13

* 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.

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

For example, Treasury Metals'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)
=0.396/126.2576*126.2576
=0.396

Current CPI (Mar. 2024) = 126.2576.

Treasury Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.949 99.473 2.474
201409 1.899 99.394 2.412
201412 1.781 98.367 2.286
201503 1.608 99.789 2.035
201506 1.624 100.500 2.040
201509 1.462 100.421 1.838
201512 1.381 99.947 1.745
201603 1.406 101.054 1.757
201606 1.384 102.002 1.713
201609 1.348 101.765 1.672
201612 1.310 101.449 1.630
201703 1.286 102.634 1.582
201706 1.279 103.029 1.567
201709 1.364 103.345 1.666
201712 1.314 103.345 1.605
201803 1.282 105.004 1.541
201806 1.220 105.557 1.459
201809 1.219 105.636 1.457
201812 1.104 105.399 1.322
201903 1.102 106.979 1.301
201906 1.050 107.690 1.231
201909 1.031 107.611 1.210
201912 0.978 107.769 1.146
202003 0.925 107.927 1.082
202006 0.895 108.401 1.042
202009 1.140 108.164 1.331
202012 1.200 108.559 1.396
202103 1.346 110.298 1.541
202106 1.184 111.720 1.338
202109 0.000 112.905 0.000
202112 0.696 113.774 0.772
202203 1.095 117.646 1.175
202206 1.072 120.806 1.120
202209 1.020 120.648 1.067
202212 0.555 120.964 0.579
202303 0.523 122.702 0.538
202306 0.516 124.203 0.525
202309 0.487 125.230 0.491
202312 0.416 125.072 0.420
202403 0.396 126.258 0.396

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.


Treasury Metals  (OTCPK:TSRMF) 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.


Treasury Metals Cyclically Adjusted PB Ratio Related Terms

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


Treasury Metals (Treasury Metals) Business Description

Traded in Other Exchanges
Address
15 Toronto Street, Suite 401, Toronto, ON, CAN, M5C 2E3
Treasury Metals Inc is an exploration stage company. It is engaged in the exploration and evaluation of minerals resources. Some of its projects include the Goliath Gold, Weebigee, Goldlund Gold and Lara Polymetallic, among others.