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Quebec Precious Metals (Quebec Precious Metals) Cyclically Adjusted Book per Share : $0.08 (As of Oct. 2023)


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What is Quebec Precious Metals 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.

Quebec Precious Metals's adjusted book value per share for the three months ended in Oct. 2023 was $0.012. 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 $0.08 for the trailing ten years ended in Oct. 2023.

During the past 12 months, Quebec Precious Metals's average Cyclically Adjusted Book Growth Rate was -21.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -30.30% 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 Quebec Precious Metals was 27.30% per year. The lowest was -53.00% per year. And the median was -17.30% per year.

As of today (2024-05-20), Quebec Precious Metals's current stock price is $0.0438. Quebec Precious Metals's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was $0.08. Quebec Precious Metals's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quebec Precious Metals was 0.84. The lowest was 0.00. And the median was 0.00.


Quebec Precious Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quebec Precious Metals'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.

Quebec Precious Metals Cyclically Adjusted Book per Share Chart

Quebec Precious Metals Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.18 0.18 0.13 0.10

Quebec Precious Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.10 0.10 0.08 0.10 0.08

Competitive Comparison of Quebec Precious Metals's Cyclically Adjusted Book per Share

For the Gold subindustry, Quebec Precious Metals'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.


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

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

* The bar in red indicates where Quebec Precious Metals's Cyclically Adjusted PB Ratio falls into.



Quebec Precious Metals 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, Quebec Precious Metals's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book= Book Value per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.012/125.3095*125.3095
=0.012

Current CPI (Oct. 2023) = 125.3095.

Quebec Precious Metals Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.074 97.261 0.095
201404 0.065 98.920 0.082
201407 0.085 99.315 0.107
201410 0.076 99.473 0.096
201501 0.068 98.209 0.087
201504 0.000 99.710 0.000
201507 0.057 100.579 0.071
201510 0.055 100.500 0.069
201601 0.048 100.184 0.060
201604 0.053 101.370 0.066
201607 0.049 101.844 0.060
201610 0.047 102.002 0.058
201701 0.073 102.318 0.089
201704 0.118 103.029 0.144
201707 0.126 103.029 0.153
201710 0.124 103.424 0.150
201801 0.033 104.056 0.040
201804 0.122 105.320 0.145
201807 0.234 106.110 0.276
201810 0.232 105.952 0.274
201901 0.053 105.557 0.063
201904 0.217 107.453 0.253
201907 0.214 108.243 0.248
201910 0.206 107.927 0.239
202001 0.060 108.085 0.070
202004 0.039 107.216 0.046
202007 0.037 108.401 0.043
202010 0.019 108.638 0.022
202101 0.033 109.192 0.038
202104 0.020 110.851 0.023
202107 0.031 112.431 0.035
202110 0.040 113.695 0.044
202201 0.023 114.801 0.025
202204 0.011 118.357 0.012
202207 0.005 120.964 0.005
202210 0.010 121.517 0.010
202301 0.020 121.596 0.021
202304 0.019 123.571 0.019
202307 0.023 124.914 0.023
202310 0.012 125.310 0.012

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


Quebec Precious Metals  (OTCPK:CJCFF) 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.

Quebec Precious Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0438/0.08
=0.55

* 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 Quebec Precious Metals was 0.84. 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.


Quebec Precious Metals Cyclically Adjusted Book per Share Related Terms

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


Quebec Precious Metals (Quebec Precious Metals) Business Description

Traded in Other Exchanges
Address
1080, Cote du Beaver Hall, Bureau 2101, Montreal, QC, CAN, H2Z 1S8
Quebec Precious Metals Corp is engaged in the acquisition, exploration, and development of mining projects in Canada. The company is focused on advancing its Sakami gold project, located in Eeyou Istchee James Bay territory in Quebec, near Newmont Corporation's Eleonore gold mine. In addition, the Company holds a 68% interest in the Kipawa/Zeus rare earths project located near Temiscaming, Quebec. The Company's operations consist of a single operating segment being the sector of exploration and evaluation of mineral resources and all operations are located in Canada.