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Arcland Resources (TSXV:ADR.H) Cyclically Adjusted PB Ratio : 2.00 (As of May. 27, 2024)


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What is Arcland Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Arcland Resources's current share price is C$0.04. Arcland Resources's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.02. Arcland Resources's Cyclically Adjusted PB Ratio for today is 2.00.

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

TSXV:ADR.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.26
Current: 2.06

During the past years, Arcland Resources's highest Cyclically Adjusted PB Ratio was 4.26. The lowest was 0.00. And the median was 0.00.

TSXV:ADR.H's Cyclically Adjusted PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 0.88 vs TSXV:ADR.H: 2.06

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.

Arcland Resources's adjusted book value per share data for the three months ended in Feb. 2024 was C$0.005. 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$0.02 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arcland Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arcland 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.

Arcland Resources Cyclically Adjusted PB Ratio Chart

Arcland Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.05 5.08 2.96 3.95

Arcland Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.69 4.64 4.63 3.95 2.06

Competitive Comparison of Arcland Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Arcland 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.


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

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

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



Arcland 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.02
=2.00

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.005/125.4675*125.4675
=0.005

Current CPI (Feb. 2024) = 125.4675.

Arcland Resources Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.066 99.394 0.083
201408 0.062 99.315 0.078
201411 0.059 99.078 0.075
201502 0.054 99.078 0.068
201505 0.050 100.263 0.063
201508 0.048 100.579 0.060
201511 0.046 100.421 0.057
201602 0.041 100.421 0.051
201605 0.037 101.765 0.046
201608 0.033 101.686 0.041
201611 0.030 101.607 0.037
201702 0.027 102.476 0.033
201705 0.024 103.108 0.029
201708 0.019 103.108 0.023
201711 0.017 103.740 0.021
201802 0.013 104.688 0.016
201805 0.010 105.399 0.012
201808 0.005 106.031 0.006
201811 0.004 105.478 0.005
201902 0.001 106.268 0.001
201905 -0.002 107.927 -0.002
201908 -0.004 108.085 -0.005
201911 -0.006 107.769 -0.007
202002 0.000 108.559 0.000
202005 -0.009 107.532 -0.011
202008 -0.011 108.243 -0.013
202011 -0.033 108.796 -0.038
202102 -0.054 109.745 -0.062
202105 -0.067 111.404 -0.075
202108 0.020 112.668 0.022
202111 0.020 113.932 0.022
202202 0.020 115.986 0.022
202205 0.019 120.016 0.020
202208 0.018 120.569 0.019
202211 0.016 121.675 0.016
202302 0.013 122.070 0.013
202305 0.011 124.045 0.011
202308 0.007 125.389 0.007
202311 0.007 125.468 0.007
202402 0.005 125.468 0.005

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.


Arcland Resources  (TSXV:ADR.H) 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.


Arcland Resources Cyclically Adjusted PB Ratio Related Terms

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


Arcland Resources (TSXV:ADR.H) Business Description

Traded in Other Exchanges
N/A
Address
801-560 Cardero Street, Vancouver, BC, CAN, V6G 3G1
Arcland Resources Inc is a Canada based mineral resource company. Principally, it is engaged in the business of acquisition, exploration, and development of mining properties. The company is involved in evaluating acquisition targets for its various mineral exploration projects.

Arcland Resources (TSXV:ADR.H) Headlines

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