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Calibre Mining (TSX:CXB) Cyclically Adjusted Book per Share : C$1.15 (As of Mar. 2024)


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What is Calibre Mining 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.

Calibre Mining's adjusted book value per share for the three months ended in Mar. 2024 was C$1.488. 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$1.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Calibre Mining's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.30% 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 Calibre Mining was 7.10% per year. The lowest was -9.90% per year. And the median was -2.20% per year.

As of today (2024-06-03), Calibre Mining's current stock price is C$2.01. Calibre Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.15. Calibre Mining's Cyclically Adjusted PB Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Calibre Mining was 3.07. The lowest was 0.59. And the median was 1.41.


Calibre Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Calibre Mining'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.

Calibre Mining Cyclically Adjusted Book per Share Chart

Calibre Mining 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 0.93 0.92 0.97 1.05 1.13

Calibre Mining 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 1.07 1.10 1.12 1.13 1.15

Competitive Comparison of Calibre Mining's Cyclically Adjusted Book per Share

For the Gold subindustry, Calibre Mining'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.


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

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

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



Calibre Mining 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, Calibre Mining'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)
=1.488/126.2576*126.2576
=1.488

Current CPI (Mar. 2024) = 126.2576.

Calibre Mining Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.898 99.473 1.140
201409 0.864 99.394 1.098
201412 0.884 98.367 1.135
201503 0.927 99.789 1.173
201506 0.916 100.500 1.151
201509 0.951 100.421 1.196
201512 0.963 99.947 1.217
201603 0.921 101.054 1.151
201606 0.902 102.002 1.116
201609 0.911 101.765 1.130
201612 0.944 101.449 1.175
201703 0.957 102.634 1.177
201706 0.949 103.029 1.163
201709 0.883 103.345 1.079
201712 0.904 103.345 1.104
201803 0.910 105.004 1.094
201806 0.921 105.557 1.102
201809 0.898 105.636 1.073
201812 0.786 105.399 0.942
201903 0.769 106.979 0.908
201906 0.752 107.690 0.882
201909 0.707 107.611 0.830
201912 0.621 107.769 0.728
202003 0.711 107.927 0.832
202006 0.678 108.401 0.790
202009 0.809 108.164 0.944
202012 0.883 108.559 1.027
202103 0.930 110.298 1.065
202106 0.952 111.720 1.076
202109 1.028 112.905 1.150
202112 1.089 113.774 1.208
202203 1.179 117.646 1.265
202206 1.238 120.806 1.294
202209 1.291 120.648 1.351
202212 1.360 120.964 1.420
202303 1.419 122.702 1.460
202306 1.471 124.203 1.495
202309 1.565 125.230 1.578
202312 1.612 125.072 1.627
202403 1.488 126.258 1.488

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


Calibre Mining  (TSX:CXB) 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.

Calibre Mining's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.01/1.15
=1.75

* 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 Calibre Mining was 3.07. The lowest was 0.59. And the median was 1.41.


Be Aware

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


Calibre Mining Cyclically Adjusted Book per Share Related Terms

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


Calibre Mining (TSX:CXB) Business Description

Industry
Traded in Other Exchanges
Address
200 Burrard Street, Suite 1560, Vancouver, BC, CAN, V6C 3L6
Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.
Executives
David Hendriks Senior Officer

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