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Intact Gold (TSXV:ITG.H) Cyclically Adjusted Book per Share : C$0.02 (As of Dec. 2023)


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What is Intact Gold 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.

Intact Gold's adjusted book value per share for the three months ended in Dec. 2023 was C$-0.003. 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 Dec. 2023.

During the past 12 months, Intact Gold's average Cyclically Adjusted Book Growth Rate was -83.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -42.80% 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 Intact Gold was -42.80% per year. The lowest was -42.80% per year. And the median was -42.80% per year.

As of today (2024-06-03), Intact Gold's current stock price is C$0.02. Intact Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.02. Intact Gold's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intact Gold was 0.85. The lowest was 0.00. And the median was 0.00.


Intact Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intact Gold'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.

Intact Gold Cyclically Adjusted Book per Share Chart

Intact Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.48 0.41 0.24 0.09

Intact Gold 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 0.12 0.09 0.06 0.03 0.02

Competitive Comparison of Intact Gold's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Intact Gold'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.


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

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

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



Intact Gold 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, Intact Gold'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)
=-0.003/125.0724*125.0724
=-0.003

Current CPI (Dec. 2023) = 125.0724.

Intact Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.098 98.604 0.124
201406 0.031 99.473 0.039
201409 -0.196 99.394 -0.247
201412 -0.277 98.367 -0.352
201503 -0.358 99.789 -0.449
201506 -0.418 100.500 -0.520
201509 -0.160 100.421 -0.199
201512 0.114 99.947 0.143
201603 0.094 101.054 0.116
201606 0.156 102.002 0.191
201609 0.129 101.765 0.159
201612 0.112 101.449 0.138
201703 0.087 102.634 0.106
201706 0.120 103.029 0.146
201709 0.111 103.345 0.134
201712 0.104 103.345 0.126
201803 0.099 105.004 0.118
201806 0.119 105.557 0.141
201809 0.118 105.636 0.140
201812 0.117 105.399 0.139
201903 0.087 106.979 0.102
201906 0.082 107.690 0.095
201909 0.077 107.611 0.089
201912 0.071 107.769 0.082
202003 0.050 107.927 0.058
202006 0.047 108.401 0.054
202009 0.044 108.164 0.051
202012 0.030 108.559 0.035
202103 0.033 110.298 0.037
202106 0.027 111.720 0.030
202109 0.024 112.905 0.027
202112 0.023 113.774 0.025
202203 0.018 117.646 0.019
202206 0.015 120.806 0.016
202209 0.014 120.648 0.015
202212 0.010 120.964 0.010
202303 0.005 122.702 0.005
202306 0.002 124.203 0.002
202309 -0.001 125.230 -0.001
202312 -0.003 125.072 -0.003

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


Intact Gold  (TSXV:ITG.H) 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.

Intact Gold's Cyclically Adjusted PB Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intact Gold was 0.85. 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.


Intact Gold Cyclically Adjusted Book per Share Related Terms

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


Intact Gold (TSXV:ITG.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Intact Gold Corp is a mineral exploration company. The company engages in the acquisition and exploration of mining projects. Its exploration properties portfolio includes Belle terre Property located in Quebec, Canada; Gold Hill - Blackjack Property located in the Kenora Mining Division of Ontario; Little Phoenix Property located in British Columbia, Canada; and Lac Gueret South Property located in Quebec, Canada.

Intact Gold (TSXV:ITG.H) Headlines

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