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Pan Global Resources (TSXV:PGZ) Cyclically Adjusted Book per Share : C$0.03 (As of Jan. 2024)


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What is Pan Global 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.

Pan Global Resources's adjusted book value per share for the three months ended in Jan. 2024 was C$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 C$0.03 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.00% 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 Pan Global Resources was -9.10% per year. The lowest was -20.60% per year. And the median was -12.60% per year.

As of today (2024-06-11), Pan Global Resources's current stock price is C$0.17. Pan Global Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.03. Pan Global Resources's Cyclically Adjusted PB Ratio of today is 5.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pan Global Resources was 8.05. The lowest was 0.00. And the median was 0.00.


Pan Global Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pan Global 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.

Pan Global Resources Cyclically Adjusted Book per Share Chart

Pan Global Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.03 0.03 0.03

Pan Global Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Pan Global Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Pan Global 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.


Pan Global Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Pan Global 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, Pan Global Resources's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.03/125.0724*125.0724
=0.030

Current CPI (Jan. 2024) = 125.0724.

Pan Global Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.024 98.920 0.030
201407 0.000 99.315 0.000
201410 0.015 99.473 0.019
201501 -0.012 98.209 -0.015
201504 -0.015 99.710 -0.019
201507 -0.015 100.579 -0.019
201510 -0.016 100.500 -0.020
201601 -0.015 100.184 -0.019
201604 -0.007 101.370 -0.009
201607 -0.005 101.844 -0.006
201610 -0.007 102.002 -0.009
201701 -0.005 102.318 -0.006
201704 0.010 103.029 0.012
201707 0.007 103.029 0.008
201710 0.026 103.424 0.031
201801 0.023 104.056 0.028
201804 0.023 105.320 0.027
201807 0.038 106.110 0.045
201810 0.037 105.952 0.044
201901 0.031 105.557 0.037
201904 0.025 107.453 0.029
201907 0.019 108.243 0.022
201910 0.024 107.927 0.028
202001 0.030 108.085 0.035
202004 0.026 107.216 0.030
202007 0.046 108.401 0.053
202010 0.037 108.638 0.043
202101 0.037 109.192 0.042
202104 0.031 110.851 0.035
202107 0.097 112.431 0.108
202110 0.090 113.695 0.099
202201 0.089 114.801 0.097
202204 0.082 118.357 0.087
202207 0.075 120.964 0.078
202210 0.064 121.517 0.066
202301 0.052 121.596 0.053
202304 0.039 123.571 0.039
202307 0.027 124.914 0.027
202310 0.038 125.310 0.038
202401 0.030 125.072 0.030

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


Pan Global Resources  (TSXV:PGZ) 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.

Pan Global Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.17/0.03
=5.67

* 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 Pan Global Resources was 8.05. 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.


Pan Global Resources Cyclically Adjusted Book per Share Related Terms

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


Pan Global Resources (TSXV:PGZ) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Pan Global Resources Inc is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The company is focused on the early stage exploration through to the development of resources of copper, tin, and other metals in Spain.
Executives
Patrick Charles Evans Director