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Volcanic Gold Mines (STU:CKC2) Cyclically Adjusted Book per Share : €0.16 (As of Dec. 2023)


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What is Volcanic Gold Mines 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.

Volcanic Gold Mines's adjusted book value per share for the three months ended in Dec. 2023 was €0.054. 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 Dec. 2023.

During the past 12 months, Volcanic Gold Mines's average Cyclically Adjusted Book Growth Rate was -30.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -37.00% 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 Volcanic Gold Mines was -25.50% per year. The lowest was -41.10% per year. And the median was -37.30% per year.

As of today (2024-05-27), Volcanic Gold Mines's current stock price is €0.047. Volcanic Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.16. Volcanic Gold Mines's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Volcanic Gold Mines was 1.02. The lowest was 0.00. And the median was 0.00.


Volcanic Gold Mines Cyclically Adjusted Book per Share Historical Data

The historical data trend for Volcanic Gold Mines'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.

Volcanic Gold Mines Cyclically Adjusted Book per Share Chart

Volcanic Gold Mines 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 - 0.66 0.42 0.28 0.16

Volcanic Gold Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.24 0.21 0.21 0.16

Competitive Comparison of Volcanic Gold Mines's Cyclically Adjusted Book per Share

For the Gold subindustry, Volcanic Gold Mines'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.


Volcanic Gold Mines's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volcanic Gold Mines's Cyclically Adjusted PB Ratio falls into.



Volcanic Gold Mines 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, Volcanic Gold Mines's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.054/125.0724*125.0724
=0.054

Current CPI (Dec. 2023) = 125.0724.

Volcanic Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.374 98.604 0.474
201406 0.379 99.473 0.477
201409 0.374 99.394 0.471
201412 0.139 98.367 0.177
201503 0.136 99.789 0.170
201506 0.122 100.500 0.152
201509 0.107 100.421 0.133
201512 0.095 99.947 0.119
201603 0.088 101.054 0.109
201606 0.081 102.002 0.099
201609 0.058 101.765 0.071
201612 0.057 101.449 0.070
201703 0.759 102.634 0.925
201706 0.542 103.029 0.658
201709 0.465 103.345 0.563
201712 0.332 103.345 0.402
201803 0.278 105.004 0.331
201806 0.247 105.557 0.293
201809 0.013 105.636 0.015
201812 -0.005 105.399 -0.006
201903 0.008 106.979 0.009
201906 0.030 107.690 0.035
201909 0.026 107.611 0.030
201912 0.022 107.769 0.026
202003 0.017 107.927 0.020
202006 0.022 108.401 0.025
202009 0.103 108.164 0.119
202012 0.172 108.559 0.198
202103 0.172 110.298 0.195
202106 0.160 111.720 0.179
202109 0.140 112.905 0.155
202112 0.130 113.774 0.143
202203 0.122 117.646 0.130
202206 0.114 120.806 0.118
202209 0.108 120.648 0.112
202212 0.089 120.964 0.092
202303 0.079 122.702 0.081
202306 0.071 124.203 0.071
202309 0.063 125.230 0.063
202312 0.054 125.072 0.054

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


Volcanic Gold Mines  (STU:CKC2) 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.

Volcanic Gold Mines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.047/0.16
=0.29

* 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 Volcanic Gold Mines was 1.02. 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.


Volcanic Gold Mines Cyclically Adjusted Book per Share Related Terms

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


Volcanic Gold Mines (STU:CKC2) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Volcanic Gold Mines Inc is a Canadian company that is principally engaged in the acquisition and exploration of resource properties. It holds an interest in the Holly and Banderas property located in Guatemala. The company operates through a single segment being the Acquisition, exploration, and evaluation of resource properties.

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