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BKIRF (Black Iron) Cyclically Adjusted Book per Share : $0.04 (As of Sep. 2024)


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What is Black Iron 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.

Black Iron's adjusted book value per share for the three months ended in Sep. 2024 was $-0.004. 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 $0.04 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Black Iron's average Cyclically Adjusted Book Growth Rate was -28.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -28.30% 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 Black Iron was -28.30% per year. The lowest was -28.30% per year. And the median was -28.30% per year.

As of today (2024-11-29), Black Iron's current stock price is $0.058. Black Iron's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.04. Black Iron's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Black Iron was 2.10. The lowest was 0.00. And the median was 0.00.


Black Iron Cyclically Adjusted Book per Share Historical Data

The historical data trend for Black Iron'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.

Black Iron Cyclically Adjusted Book per Share Chart

Black Iron 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 - 0.15 0.12 0.08 0.06

Black Iron Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.05 0.06 0.04 0.04 0.04

Competitive Comparison of Black Iron's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Black Iron'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.


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

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

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



Black Iron 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, Black Iron's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.004/127.2847*127.2847
=-0.004

Current CPI (Sep. 2024) = 127.2847.

Black Iron Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.192 98.367 0.248
201503 0.192 99.789 0.245
201506 0.191 100.500 0.242
201509 0.192 100.421 0.243
201512 0.049 99.947 0.062
201603 0.046 101.054 0.058
201606 0.054 102.002 0.067
201609 0.045 101.765 0.056
201612 0.032 101.449 0.040
201703 0.028 102.634 0.035
201706 0.031 103.029 0.038
201709 0.033 103.345 0.041
201712 0.024 103.345 0.030
201803 0.027 105.004 0.033
201806 0.012 105.557 0.014
201809 0.007 105.636 0.008
201812 0.002 105.399 0.002
201903 0.000 106.979 0.000
201906 -0.003 107.690 -0.004
201909 -0.007 107.611 -0.008
201912 -0.009 107.769 -0.011
202003 -0.009 107.927 -0.011
202006 -0.008 108.401 -0.009
202009 -0.005 108.164 -0.006
202012 -0.022 108.559 -0.026
202103 0.002 110.298 0.002
202106 0.002 111.720 0.002
202109 0.022 112.905 0.025
202112 0.015 113.774 0.017
202203 0.009 117.646 0.010
202206 0.007 120.806 0.007
202209 0.005 120.648 0.005
202212 0.004 120.964 0.004
202303 0.002 122.702 0.002
202306 0.002 124.203 0.002
202309 0.001 125.230 0.001
202312 -0.001 125.072 -0.001
202403 -0.001 126.258 -0.001
202406 -0.003 127.522 -0.003
202409 -0.004 127.285 -0.004

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


Black Iron  (OTCPK:BKIRF) 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.

Black Iron's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.058/0.04
=1.45

* 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 Black Iron was 2.10. 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.


Black Iron Cyclically Adjusted Book per Share Related Terms

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


Black Iron Business Description

Industry
Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Black Iron Inc isan iron ore exploration and development company with its project located in theDnipropetrovsk region of Ukraine. The Company holds a interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske Project through Shymanivske Steel.