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Sprott Physical Uranium Trust (TSX:U.UN) Cyclically Adjusted PB Ratio : 2.16 (As of May. 29, 2024)


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What is Sprott Physical Uranium Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Sprott Physical Uranium Trust's current share price is C$30.15. Sprott Physical Uranium Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was C$13.95. Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio for today is 2.16.

The historical rank and industry rank for Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSX:U.UN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.71   Max: 3.09
Current: 2.12

During the past 13 years, Sprott Physical Uranium Trust's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 0.45. And the median was 0.71.

TSX:U.UN's Cyclically Adjusted PB Ratio is ranked worse than
64.23% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.57 vs TSX:U.UN: 2.12

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.

Sprott Physical Uranium Trust's adjusted book value per share data of for the fiscal year that ended in Dec23 was C$30.280. 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 C$13.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprott Physical Uranium Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sprott Physical Uranium Trust'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.

Sprott Physical Uranium Trust Cyclically Adjusted PB Ratio Chart

Sprott Physical Uranium Trust Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.64 0.91 1.32 2.03

Sprott Physical Uranium Trust Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Jun22 Dec22 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 - 0.91 - 1.32 2.03

Competitive Comparison of Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio

For the Uranium subindustry, Sprott Physical Uranium Trust'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.


Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio falls into.



Sprott Physical Uranium Trust 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.

Sprott Physical Uranium Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.15/13.95
=2.16

* 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.

Sprott Physical Uranium Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sprott Physical Uranium Trust's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=30.28/125.0724*125.0724
=30.280

Current CPI (Dec23) = 125.0724.

Sprott Physical Uranium Trust Annual Data

Book Value per Share CPI Adj_Book
201402 10.242 98.051 13.065
201502 12.498 99.078 15.777
201602 11.436 100.421 14.243
201702 7.604 102.476 9.281
201802 6.894 104.688 8.236
201902 9.545 106.268 11.234
202002 8.578 108.559 9.883
202102 9.196 109.745 10.480
202212 16.458 120.964 17.017
202312 30.280 125.072 30.280

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.


Sprott Physical Uranium Trust  (TSX:U.UN) 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.


Sprott Physical Uranium Trust Cyclically Adjusted PB Ratio Related Terms

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Sprott Physical Uranium Trust (TSX:U.UN) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, ON, CAN, M5J 2J1
Sprott Physical Uranium Trust is an investment company managed by Denison Mines Inc. Its primary interest lies in investing in Uranium based assets, including uranium oxide and uranium hexafluoride. The company stores its uranium deposits at uranium conversion facilities.

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