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

Badlands Resources (Badlands Resources) Cyclically Adjusted Book per Share : $1.28 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Badlands 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.

Badlands Resources's adjusted book value per share for the three months ended in Dec. 2023 was $0.618. 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 $1.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Badlands Resources's average Cyclically Adjusted Book Growth Rate was -30.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -27.80% 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 Badlands Resources was -18.70% per year. The lowest was -27.80% per year. And the median was -23.25% per year.

As of today (2024-05-14), Badlands Resources's current stock price is $0.2866. Badlands Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.28. Badlands Resources's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Badlands Resources was 0.32. The lowest was 0.00. And the median was 0.00.


Badlands Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Badlands 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.

Badlands Resources Cyclically Adjusted Book per Share Chart

Badlands Resources 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 4.03 3.78 3.45 2.39 1.52

Badlands Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.81 1.48 1.52 1.50 1.28

Competitive Comparison of Badlands Resources's Cyclically Adjusted Book per Share

For the Gold subindustry, Badlands 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.


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

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

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



Badlands 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, Badlands Resources'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)
=0.618/125.4675*125.4675
=0.618

Current CPI (Dec. 2023) = 125.4675.

Badlands Resources Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.508 96.945 4.540
201403 3.097 98.604 3.941
201406 2.973 99.473 3.750
201409 3.046 99.394 3.845
201412 2.336 98.367 2.980
201503 1.930 99.789 2.427
201506 1.933 100.500 2.413
201509 1.754 100.421 2.191
201512 1.670 99.947 2.096
201603 1.641 101.054 2.037
201606 1.667 102.002 2.051
201609 0.455 101.765 0.561
201612 0.468 101.449 0.579
201703 0.546 102.634 0.667
201706 0.523 103.029 0.637
201709 0.539 103.345 0.654
201712 0.667 103.345 0.810
201803 0.696 105.004 0.832
201806 0.672 105.557 0.799
201809 0.653 105.636 0.776
201812 0.612 105.399 0.729
201903 0.595 106.979 0.698
201906 0.577 107.690 0.672
201909 0.644 107.611 0.751
201912 0.777 107.769 0.905
202003 0.672 107.927 0.781
202006 0.683 108.401 0.791
202009 0.782 108.164 0.907
202012 0.799 108.559 0.923
202103 0.800 110.298 0.910
202106 0.814 111.720 0.914
202109 0.775 112.905 0.861
202112 0.752 113.774 0.829
202203 0.746 117.646 0.796
202206 0.732 120.806 0.760
202209 0.678 120.648 0.705
202212 0.655 120.964 0.679
202303 0.647 122.702 0.662
202309 0.630 125.230 0.631
202312 0.618 125.468 0.618

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


Badlands Resources  (OTCPK:BDLNF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.2866/1.28
=0.22

* 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 Badlands Resources was 0.32. 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.


Badlands Resources Cyclically Adjusted Book per Share Related Terms

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


Badlands Resources (Badlands Resources) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6
Badlands Resources Inc formerly Mineral Mountain Resources Ltd is an exploration-stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties in North America. Mineral Mountain is an advanced explorer with focus on development of gold projects with camp Scale potential, within cost effective, politically friendly, mining friendly regions of the United States. The company is focused on Rochford project located in the Rochford mining district of the Black Hills, South Dakota.

Badlands Resources (Badlands Resources) Headlines