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Slam Exploration (TSXV:SXL) Cyclically Adjusted PB Ratio : 1.00 (As of Jun. 04, 2024)


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What is Slam Exploration Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Slam Exploration's current share price is C$0.02. Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was C$0.02. Slam Exploration's Cyclically Adjusted PB Ratio for today is 1.00.

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

TSXV:SXL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.74
Current: 1.02

During the past years, Slam Exploration's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.00. And the median was 0.00.

TSXV:SXL's Cyclically Adjusted PB Ratio is ranked worse than
53.69% of 1624 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSXV:SXL: 1.02

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.

Slam Exploration's adjusted book value per share data for the three months ended in Oct. 2023 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$0.02 for the trailing ten years ended in Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Slam Exploration Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Slam Exploration'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.

Slam Exploration Cyclically Adjusted PB Ratio Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.20 0.27 0.63

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.51 0.63 1.16 1.27 2.05

Competitive Comparison of Slam Exploration's Cyclically Adjusted PB Ratio

For the Gold subindustry, Slam Exploration'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.


Slam Exploration's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Slam Exploration 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.

Slam Exploration's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.02
=1.00

* 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.

Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Slam Exploration's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book=Book Value per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.015/125.3095*125.3095
=0.015

Current CPI (Oct. 2023) = 125.3095.

Slam Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.023 97.261 0.030
201404 0.025 98.920 0.032
201407 0.015 99.315 0.019
201410 0.010 99.473 0.013
201501 0.021 98.209 0.027
201504 0.017 99.710 0.021
201507 0.012 100.579 0.015
201510 0.010 100.500 0.012
201601 0.007 100.184 0.009
201604 0.015 101.370 0.019
201607 0.025 101.844 0.031
201610 0.023 102.002 0.028
201701 0.035 102.318 0.043
201704 0.033 103.029 0.040
201707 0.032 103.029 0.039
201710 0.033 103.424 0.040
201801 0.019 104.056 0.023
201804 0.016 105.320 0.019
201807 0.014 106.110 0.017
201810 0.013 105.952 0.015
201901 0.009 105.557 0.011
201904 0.008 107.453 0.009
201907 0.006 108.243 0.007
201910 0.002 107.927 0.002
202001 -0.003 108.085 -0.003
202004 -0.004 107.216 -0.005
202007 0.010 108.401 0.012
202010 0.010 108.638 0.012
202101 0.012 109.192 0.014
202104 0.022 110.851 0.025
202107 0.024 112.431 0.027
202110 0.022 113.695 0.024
202201 0.022 114.801 0.024
202204 0.024 118.357 0.025
202207 0.021 120.964 0.022
202210 0.020 121.517 0.021
202301 0.018 121.596 0.019
202304 0.015 123.571 0.015
202307 0.017 124.914 0.017
202310 0.015 125.310 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.


Slam Exploration  (TSXV:SXL) 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.


Slam Exploration Cyclically Adjusted PB Ratio Related Terms

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


Slam Exploration (TSXV:SXL) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.
Executives
Bruce Macdonald 10% Security Holder

Slam Exploration (TSXV:SXL) Headlines

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