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Nevada Zinc (Nevada Zinc) Cyclically Adjusted Book per Share : $0.01 (As of Sep. 2023)


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What is Nevada Zinc 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.

Nevada Zinc's adjusted book value per share for the three months ended in Sep. 2023 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 $0.01 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-05-19), Nevada Zinc's current stock price is $0.0096. Nevada Zinc's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $0.01. Nevada Zinc's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Nevada Zinc was 5.29. The lowest was 0.00. And the median was 0.00.


Nevada Zinc Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nevada Zinc'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.

Nevada Zinc Cyclically Adjusted Book per Share Chart

Nevada Zinc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.01 -

Nevada Zinc Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - 0.01 0.01

Competitive Comparison of Nevada Zinc's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Nevada Zinc'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.


Nevada Zinc's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Nevada Zinc 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, Nevada Zinc's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.004/125.2304*125.2304
=-0.004

Current CPI (Sep. 2023) = 125.2304.

Nevada Zinc Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.001 96.945 0.001
201403 0.000 98.604 0.000
201406 0.002 99.473 0.003
201409 0.014 99.394 0.018
201412 0.006 98.367 0.008
201503 0.014 99.789 0.018
201506 0.010 100.500 0.012
201509 0.005 100.421 0.006
201512 0.002 99.947 0.003
201603 0.022 101.054 0.027
201606 0.017 102.002 0.021
201609 0.013 101.765 0.016
201612 0.005 101.449 0.006
201703 0.002 102.634 0.002
201706 0.027 103.029 0.033
201709 0.026 103.345 0.032
201712 0.013 103.345 0.016
201803 0.009 105.004 0.011
201806 0.005 105.557 0.006
201809 0.002 105.636 0.002
201812 -0.001 105.399 -0.001
201903 0.002 106.979 0.002
201906 0.000 107.690 0.000
201909 -0.001 107.611 -0.001
201912 -0.004 107.769 -0.005
202003 -0.004 107.927 -0.005
202006 -0.003 108.401 -0.003
202009 -0.004 108.164 -0.005
202012 -0.008 108.559 -0.009
202103 -0.001 110.298 -0.001
202106 -0.004 111.720 -0.004
202109 -0.006 112.905 -0.007
202112 -0.007 113.774 -0.008
202203 0.001 117.646 0.001
202206 -0.001 120.806 -0.001
202209 -0.003 120.648 -0.003
202212 -0.002 120.964 -0.002
202303 -0.005 122.702 -0.005
202306 -0.006 124.203 -0.006
202309 -0.004 125.230 -0.004

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


Nevada Zinc  (OTCPK:GDSKF) 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.

Nevada Zinc's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0096/0.01
=0.96

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Nevada Zinc was 5.29. 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.


Nevada Zinc Cyclically Adjusted Book per Share Related Terms

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


Nevada Zinc (Nevada Zinc) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Nevada Zinc Corp is engaged in the is the exploration and development of its high-grade zinc carbonate-oxide deposit located near Eureka, Nevada. It operates in two segments: mineral exploration in Canada and the United States. Its property holdings are the Lone Mountain Zinc Project. The Lone Mountain Zinc Project is comprised of 202 unpatented lode mining claims and one patented mining claim.

Nevada Zinc (Nevada Zinc) Headlines

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