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American Potash (American Potash) Cyclically Adjusted PB Ratio : 0.34 (As of May. 24, 2024)


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What is American Potash Cyclically Adjusted PB Ratio?

As of today (2024-05-24), American Potash's current share price is $0.0377. American Potash's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.11. American Potash's Cyclically Adjusted PB Ratio for today is 0.34.

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

APCOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.46
Current: 0.42

During the past years, American Potash's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.00. And the median was 0.00.

APCOF's Cyclically Adjusted PB Ratio is ranked better than
66.93% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs APCOF: 0.42

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 $0.008. 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 $0.11 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
=0.0377/0.11
=0.34

* 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)
=0.008/125.0724*125.0724
=0.008

Current CPI (Jan. 2024) = 125.0724.

American Potash Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.534 98.920 0.675
201407 0.522 99.315 0.657
201410 0.500 99.473 0.629
201501 0.505 98.209 0.643
201504 0.470 99.710 0.590
201507 -0.001 100.579 -0.001
201510 -0.009 100.500 -0.011
201601 -0.005 100.184 -0.006
201604 0.018 101.370 0.022
201607 0.014 101.844 0.017
201610 0.016 102.002 0.020
201701 0.023 102.318 0.028
201704 0.031 103.029 0.038
201707 0.045 103.029 0.055
201710 0.070 103.424 0.085
201801 0.070 104.056 0.084
201804 0.057 105.320 0.068
201807 0.029 106.110 0.034
201810 0.023 105.952 0.027
201901 0.032 105.557 0.038
201904 0.030 107.453 0.035
201907 0.024 108.243 0.028
201910 0.023 107.927 0.027
202001 0.023 108.085 0.027
202004 0.019 107.216 0.022
202007 -0.002 108.401 -0.002
202010 0.008 108.638 0.009
202101 0.007 109.192 0.008
202104 0.006 110.851 0.007
202107 0.005 112.431 0.006
202110 0.014 113.695 0.015
202201 0.013 114.801 0.014
202204 0.013 118.357 0.014
202207 0.012 120.964 0.012
202210 0.011 121.517 0.011
202301 -0.001 121.596 -0.001
202304 0.000 123.571 0.000
202307 0.007 124.914 0.007
202310 0.007 125.310 0.007
202401 0.008 125.072 0.008

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  (OTCPK:APCOF) 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 (American Potash) 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.

American Potash (American Potash) Headlines