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Mason Resources (Mason Resources) Cyclically Adjusted PB Ratio : 0.30 (As of Jun. 10, 2024)


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What is Mason Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Mason Resources's current share price is $0.08893. Mason Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.30. Mason Resources's Cyclically Adjusted PB Ratio for today is 0.30.

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

MGPHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.71
Current: 0.31

During the past years, Mason Resources's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.00. And the median was 0.00.

MGPHF's Cyclically Adjusted PB Ratio is ranked better than
73.18% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs MGPHF: 0.31

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.

Mason Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $0.202. 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 $0.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mason Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mason 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.

Mason Resources Cyclically Adjusted PB Ratio Chart

Mason Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.89 0.93 0.56

Mason 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 0.76 0.56 0.63 0.56 0.32

Competitive Comparison of Mason Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Mason 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.


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

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

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



Mason 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08893/0.3
=0.30

* 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.

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

For example, Mason 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)
=0.202/126.2576*126.2576
=0.202

Current CPI (Mar. 2024) = 126.2576.

Mason Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.290 99.473 0.368
201409 0.277 99.394 0.352
201412 0.261 98.367 0.335
201503 0.230 99.789 0.291
201506 0.230 100.500 0.289
201509 0.205 100.421 0.258
201512 0.190 99.947 0.240
201603 0.194 101.054 0.242
201606 0.190 102.002 0.235
201609 0.302 101.765 0.375
201612 0.298 101.449 0.371
201703 0.288 102.634 0.354
201706 0.274 103.029 0.336
201709 0.283 103.345 0.346
201712 0.258 103.345 0.315
201803 0.470 105.004 0.565
201806 0.310 105.557 0.371
201809 0.496 105.636 0.593
201812 0.479 105.399 0.574
201903 0.493 106.979 0.582
201906 0.313 107.690 0.367
201909 0.592 107.611 0.695
201912 0.589 107.769 0.690
202003 0.182 107.927 0.213
202006 0.164 108.401 0.191
202009 0.162 108.164 0.189
202012 0.153 108.559 0.178
202103 0.149 110.298 0.171
202106 0.149 111.720 0.168
202109 0.140 112.905 0.157
202112 0.134 113.774 0.149
202203 0.129 117.646 0.138
202206 0.117 120.806 0.122
202209 0.162 120.648 0.170
202212 0.152 120.964 0.159
202303 0.147 122.702 0.151
202306 0.142 124.203 0.144
202309 0.135 125.230 0.136
202312 0.112 125.072 0.113
202403 0.202 126.258 0.202

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.


Mason Resources  (OTCPK:MGPHF) 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.


Mason Resources Cyclically Adjusted PB Ratio Related Terms

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


Mason Resources (Mason Resources) Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, H7T 2P5
Mason Resources Inc is a Canadian company focused on identifying, evaluating, and pursuing business investment opportunities to enhance shareholder's long-term value. Its strategy is to develop vertical and horizontal integration in the mining industry, with a special focus on industrial and specialty minerals, notably battery-related materials and their by-products. Its strategy also includes the development of value-added products, notably for green technologies.