GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Treasury Metals Inc (OTCPK:TSRMF) » Definitions » Cyclically Adjusted Book per Share

Treasury Metals (Treasury Metals) Cyclically Adjusted Book per Share : $1.34 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Treasury Metals 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.

Treasury Metals's adjusted book value per share for the three months ended in Mar. 2024 was $0.396. 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 $1.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Treasury Metals's average Cyclically Adjusted Book Growth Rate was -8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.20% 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 Treasury Metals was -5.20% per year. The lowest was -9.90% per year. And the median was -6.30% per year.

As of today (2024-05-24), Treasury Metals's current stock price is $0.1827. Treasury Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.34. Treasury Metals's Cyclically Adjusted PB Ratio of today is 0.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Treasury Metals was 0.14. The lowest was 0.00. And the median was 0.00.


Treasury Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Treasury Metals'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.

Treasury Metals Cyclically Adjusted Book per Share Chart

Treasury Metals 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 1.83 1.66 1.58 1.41 1.32

Treasury Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.42 1.41 1.45 1.32 1.34

Competitive Comparison of Treasury Metals's Cyclically Adjusted Book per Share

For the Gold subindustry, Treasury Metals'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.


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

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

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



Treasury Metals 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, Treasury Metals'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)
=0.396/126.2576*126.2576
=0.396

Current CPI (Mar. 2024) = 126.2576.

Treasury Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.949 99.473 2.474
201409 1.899 99.394 2.412
201412 1.781 98.367 2.286
201503 1.608 99.789 2.035
201506 1.624 100.500 2.040
201509 1.462 100.421 1.838
201512 1.381 99.947 1.745
201603 1.406 101.054 1.757
201606 1.384 102.002 1.713
201609 1.348 101.765 1.672
201612 1.310 101.449 1.630
201703 1.286 102.634 1.582
201706 1.279 103.029 1.567
201709 1.364 103.345 1.666
201712 1.314 103.345 1.605
201803 1.282 105.004 1.541
201806 1.220 105.557 1.459
201809 1.219 105.636 1.457
201812 1.104 105.399 1.322
201903 1.102 106.979 1.301
201906 1.050 107.690 1.231
201909 1.031 107.611 1.210
201912 0.978 107.769 1.146
202003 0.925 107.927 1.082
202006 0.895 108.401 1.042
202009 1.140 108.164 1.331
202012 1.200 108.559 1.396
202103 1.346 110.298 1.541
202106 1.184 111.720 1.338
202109 0.000 112.905 0.000
202112 0.696 113.774 0.772
202203 1.095 117.646 1.175
202206 1.072 120.806 1.120
202209 1.020 120.648 1.067
202212 0.555 120.964 0.579
202303 0.523 122.702 0.538
202306 0.516 124.203 0.525
202309 0.487 125.230 0.491
202312 0.416 125.072 0.420
202403 0.396 126.258 0.396

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


Treasury Metals  (OTCPK:TSRMF) 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.

Treasury Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1827/1.34
=0.14

* 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 Treasury Metals was 0.14. 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.


Treasury Metals Cyclically Adjusted Book per Share Related Terms

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


Treasury Metals (Treasury Metals) Business Description

Traded in Other Exchanges
Address
15 Toronto Street, Suite 401, Toronto, ON, CAN, M5C 2E3
Treasury Metals Inc is an exploration stage company. It is engaged in the exploration and evaluation of minerals resources. Some of its projects include the Goliath Gold, Weebigee, Goldlund Gold and Lara Polymetallic, among others.