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American Creek Resources (TSXV:AMK) Cyclically Adjusted PB Ratio : 6.17 (As of Jun. 08, 2024)


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What is American Creek Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-08), American Creek Resources's current share price is C$0.185. American Creek Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.03. American Creek Resources's Cyclically Adjusted PB Ratio for today is 6.17.

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

TSXV:AMK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.81
Current: 4.59

During the past years, American Creek Resources's highest Cyclically Adjusted PB Ratio was 5.81. The lowest was 0.00. And the median was 0.00.

TSXV:AMK's Cyclically Adjusted PB Ratio is ranked worse than
88.7% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSXV:AMK: 4.59

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.

American Creek Resources's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.015. 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$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Creek Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Creek 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.

American Creek Resources Cyclically Adjusted PB Ratio Chart

American Creek Resources 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 1.07 4.23 4.09 3.62 4.65

American Creek Resources 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 4.87 4.68 3.98 4.65 5.74

Competitive Comparison of American Creek Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, American Creek 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.


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

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

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



American Creek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.185/0.03
=6.17

* 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.

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

For example, American Creek Resources'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)
=0.015/126.2576*126.2576
=0.015

Current CPI (Mar. 2024) = 126.2576.

American Creek Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.073 99.473 0.093
201409 0.073 99.394 0.093
201412 0.069 98.367 0.089
201503 0.067 99.789 0.085
201506 0.066 100.500 0.083
201509 0.066 100.421 0.083
201512 0.062 99.947 0.078
201603 0.007 101.054 0.009
201606 0.005 102.002 0.006
201609 0.005 101.765 0.006
201612 0.007 101.449 0.009
201703 0.006 102.634 0.007
201706 0.010 103.029 0.012
201709 0.010 103.345 0.012
201712 0.009 103.345 0.011
201803 0.009 105.004 0.011
201806 0.009 105.557 0.011
201809 0.008 105.636 0.010
201812 0.009 105.399 0.011
201903 0.009 106.979 0.011
201906 0.009 107.690 0.011
201909 0.017 107.611 0.020
201912 0.017 107.769 0.020
202003 0.017 107.927 0.020
202006 0.023 108.401 0.027
202009 0.033 108.164 0.039
202012 0.032 108.559 0.037
202103 0.006 110.298 0.007
202106 0.006 111.720 0.007
202109 0.006 112.905 0.007
202112 0.005 113.774 0.006
202203 0.006 117.646 0.006
202206 0.005 120.806 0.005
202209 0.004 120.648 0.004
202212 0.018 120.964 0.019
202303 0.018 122.702 0.019
202306 0.017 124.203 0.017
202309 0.017 125.230 0.017
202312 0.016 125.072 0.016
202403 0.015 126.258 0.015

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.


American Creek Resources  (TSXV:AMK) 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.


American Creek Resources Cyclically Adjusted PB Ratio Related Terms

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


American Creek Resources (TSXV:AMK) Business Description

Traded in Other Exchanges
Address
92 - 2nd Avenue West, P.O. Box 70, Cardston, AB, CAN, T0K 0K0
American Creek Resources Ltd is engaged in the exploration and development of mineral resource properties. The company holds interests in properties located in the regions of British Columbia, Canada. Its projects include the Treaty Creek project, Gold hill, Dunwell, Ample Goldmax property and others. It has one reportable operating segment, which is the exploration and development of exploration and evaluation assets in Canada.
Executives
Robert Nathan Edwards Senior Officer