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Golden Arrow Resources (Golden Arrow Resources) Cyclically Adjusted Book per Share : $0.16 (As of Mar. 2024)


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What is Golden Arrow Resources Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Golden Arrow Resources's adjusted book value per share for the three months ended in Mar. 2024 was $0.030. 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 $0.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Golden Arrow Resources's average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Golden Arrow Resources was 6.60% per year. The lowest was -25.40% per year. And the median was -1.50% per year.

As of today (2024-06-06), Golden Arrow Resources's current stock price is $0.0369. Golden Arrow Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.16. Golden Arrow Resources's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Golden Arrow Resources was 0.35. The lowest was 0.00. And the median was 0.00.


Golden Arrow Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Golden Arrow Resources's Cyclically Adjusted Book per Share 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.

Golden Arrow Resources Cyclically Adjusted Book per Share Chart

Golden Arrow Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.17 0.18 0.16 0.16

Golden Arrow Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 0.16 0.18 0.17 0.16 0.16

Competitive Comparison of Golden Arrow Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Golden Arrow 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.


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

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

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



Golden Arrow Resources Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Golden Arrow 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)
=0.03/126.2576*126.2576
=0.030

Current CPI (Mar. 2024) = 126.2576.

Golden Arrow Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.125 98.604 0.160
201406 0.062 99.473 0.079
201409 0.059 99.394 0.075
201412 0.052 98.367 0.067
201503 0.039 99.789 0.049
201506 0.039 100.500 0.049
201509 0.023 100.421 0.029
201512 0.028 99.947 0.035
201603 0.014 101.054 0.017
201606 0.057 102.002 0.071
201609 0.088 101.765 0.109
201612 0.083 101.449 0.103
201703 0.076 102.634 0.093
201706 0.416 103.029 0.510
201709 0.447 103.345 0.546
201712 0.403 103.345 0.492
201803 0.382 105.004 0.459
201806 0.332 105.557 0.397
201809 0.287 105.636 0.343
201812 0.280 105.399 0.335
201903 0.248 106.979 0.293
201906 0.238 107.690 0.279
201909 0.156 107.611 0.183
201912 0.186 107.769 0.218
202003 0.114 107.927 0.133
202006 0.184 108.401 0.214
202009 0.165 108.164 0.193
202012 0.165 108.559 0.192
202103 0.126 110.298 0.144
202106 0.128 111.720 0.145
202109 0.108 112.905 0.121
202112 0.112 113.774 0.124
202203 0.118 117.646 0.127
202206 0.089 120.806 0.093
202209 0.076 120.648 0.080
202212 0.067 120.964 0.070
202303 0.051 122.702 0.052
202309 0.039 125.230 0.039
202312 0.033 125.072 0.033
202403 0.030 126.258 0.030

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Golden Arrow Resources  (OTCPK:GARWF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Golden Arrow Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0369/0.16
=0.23

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Golden Arrow Resources was 0.35. The lowest was 0.00. And the median was 0.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Golden Arrow Resources Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Golden Arrow Resources's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Arrow Resources (Golden Arrow Resources) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 312, Vancouver, BC, CAN, V6C 3N6
Golden Arrow Resources Corp is a natural resource company engaged in the acquisition, exploration and development of resources properties in South America. It has one reportable segment which is Mineral Exploration and Development. The company's projects include Tierra Dorada, Rosales, Flecha de Oro and others. It has a business presence in Canada, Argentina, Chile and Paraguay.