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American Potash (XCNQ:KCL) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 08, 2024)


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What is American Potash Cyclically Adjusted PB Ratio?

As of today (2024-06-08), American Potash's current share price is C$0.075. American Potash's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.12. American Potash's Cyclically Adjusted PB Ratio for today is 0.63.

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

XCNQ:KCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.63
Current: 0.63

During the past years, American Potash's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.00. And the median was 0.00.

XCNQ:KCL's Cyclically Adjusted PB Ratio is ranked better than
58.37% of 1636 companies
in the Metals & Mining industry
Industry Median: 0.88 vs XCNQ:KCL: 0.63

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 Potash's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.011. 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$0.12 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Potash Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Potash'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 Potash Cyclically Adjusted PB Ratio Chart

American Potash Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.22 0.19 0.12 0.35

American Potash Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.39 - 0.35 0.36 0.34

Competitive Comparison of American Potash's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, American Potash'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 Potash's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.075/0.12
=0.63

* 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 Potash's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, American Potash's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.011/125.0724*125.0724
=0.011

Current CPI (Jan. 2024) = 125.0724.

American Potash Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.587 98.920 0.742
201407 0.561 99.315 0.706
201410 0.560 99.473 0.704
201501 0.612 98.209 0.779
201504 0.580 99.710 0.728
201507 -0.001 100.579 -0.001
201510 -0.011 100.500 -0.014
201601 -0.007 100.184 -0.009
201604 0.023 101.370 0.028
201607 0.018 101.844 0.022
201610 0.021 102.002 0.026
201701 0.030 102.318 0.037
201704 0.041 103.029 0.050
201707 0.058 103.029 0.070
201710 0.089 103.424 0.108
201801 0.087 104.056 0.105
201804 0.073 105.320 0.087
201807 0.039 106.110 0.046
201810 0.030 105.952 0.035
201901 0.042 105.557 0.050
201904 0.040 107.453 0.047
201907 0.032 108.243 0.037
201910 0.031 107.927 0.036
202001 0.030 108.085 0.035
202004 0.026 107.216 0.030
202007 -0.002 108.401 -0.002
202010 0.010 108.638 0.012
202101 0.009 109.192 0.010
202104 0.008 110.851 0.009
202107 0.007 112.431 0.008
202110 0.017 113.695 0.019
202201 0.016 114.801 0.017
202204 0.016 118.357 0.017
202207 0.015 120.964 0.016
202210 0.015 121.517 0.015
202301 -0.001 121.596 -0.001
202304 0.000 123.571 0.000
202307 0.009 124.914 0.009
202310 0.009 125.310 0.009
202401 0.011 125.072 0.011

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 Potash  (XCNQ:KCL) 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 Potash Cyclically Adjusted PB Ratio Related Terms

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


American Potash (XCNQ:KCL) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
American Potash Corp is a Canada-based mineral exploration company. It is engaged in discovering and developing critical minerals in the United States, including potash, bromine and lithium. The company's principal projects include the Paradox Basin Brine and Potash Project and Green River Potash and Lithium Project.
Executives
Dean Jerry Besserer Director

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