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Bell Copper (TSXV:BCU) Cyclically Adjusted PB Ratio : 1.88 (As of Jun. 08, 2024)


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What is Bell Copper Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Bell Copper's current share price is C$0.075. Bell Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.04. Bell Copper's Cyclically Adjusted PB Ratio for today is 1.88.

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

TSXV:BCU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.53
Current: 2.08

During the past years, Bell Copper's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 0.00. And the median was 0.00.

TSXV:BCU's Cyclically Adjusted PB Ratio is ranked worse than
74.77% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSXV:BCU: 2.08

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.

Bell Copper's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.072. 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$0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bell Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bell Copper'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.

Bell Copper Cyclically Adjusted PB Ratio Chart

Bell Copper 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 0.35 2.58 2.10 9.58 3.59

Bell Copper 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 10.42 4.69 4.40 3.59 2.36

Competitive Comparison of Bell Copper's Cyclically Adjusted PB Ratio

For the Copper subindustry, Bell Copper'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.


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

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

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



Bell Copper 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.

Bell Copper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.075/0.04
=1.88

* 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.

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

For example, Bell Copper'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)
=0.072/126.2576*126.2576
=0.072

Current CPI (Mar. 2024) = 126.2576.

Bell Copper Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.027 99.473 0.034
201409 0.025 99.394 0.032
201412 0.016 98.367 0.021
201503 0.010 99.789 0.013
201506 0.007 100.500 0.009
201509 0.010 100.421 0.013
201512 0.005 99.947 0.006
201603 0.004 101.054 0.005
201606 0.011 102.002 0.014
201609 0.010 101.765 0.012
201612 0.006 101.449 0.007
201703 0.015 102.634 0.018
201706 0.020 103.029 0.025
201709 0.020 103.345 0.024
201712 0.019 103.345 0.023
201803 0.022 105.004 0.026
201806 0.021 105.557 0.025
201809 0.022 105.636 0.026
201812 0.019 105.399 0.023
201903 0.018 106.979 0.021
201906 0.020 107.690 0.023
201909 0.018 107.611 0.021
201912 0.020 107.769 0.023
202003 0.016 107.927 0.019
202006 0.017 108.401 0.020
202009 0.026 108.164 0.030
202012 0.025 108.559 0.029
202103 0.031 110.298 0.035
202106 0.045 111.720 0.051
202109 0.048 112.905 0.054
202112 0.065 113.774 0.072
202203 0.076 117.646 0.082
202206 0.075 120.806 0.078
202209 0.074 120.648 0.077
202212 0.076 120.964 0.079
202303 0.076 122.702 0.078
202306 0.074 124.203 0.075
202309 0.072 125.230 0.073
202312 0.072 125.072 0.073
202403 0.072 126.258 0.072

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.


Bell Copper  (TSXV:BCU) 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.


Bell Copper Cyclically Adjusted PB Ratio Related Terms

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


Bell Copper (TSXV:BCU) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 900, Vancouver, BC, CAN, V6C 3H1
Bell Copper Corp is a Canada-based company that is engaged in the acquisition and exploration of mineral property interests in North America. The company's project portfolio includes the Perseverance project and the Big Sandy project.
Executives
Pamela Josephine White Senior Officer

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