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Mountain Province Diamonds (Mountain Province Diamonds) Cyclically Adjusted Book per Share : $1.46 (As of Mar. 2023)


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What is Mountain Province Diamonds 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.

Mountain Province Diamonds's adjusted book value per share for the three months ended in Mar. 2023 was $1.506. 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 $1.46 for the trailing ten years ended in Mar. 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 (2024-05-24), Mountain Province Diamonds's current stock price is $0.13774. Mountain Province Diamonds's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $1.46. Mountain Province Diamonds's Cyclically Adjusted PB Ratio of today is 0.09.


Mountain Province Diamonds Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mountain Province Diamonds'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.

Mountain Province Diamonds Cyclically Adjusted Book per Share Chart

Mountain Province Diamonds 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 1.10 1.25 1.23 1.32 1.39

Mountain Province Diamonds Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 1.40 1.47 1.34 1.39 1.46

Competitive Comparison of Mountain Province Diamonds's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Mountain Province Diamonds'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.


Mountain Province Diamonds's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mountain Province Diamonds's Cyclically Adjusted PB Ratio falls into.



Mountain Province Diamonds 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, Mountain Province Diamonds's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.506/122.7021*122.7021
=1.506

Current CPI (Mar. 2023) = 122.7021.

Mountain Province Diamonds Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.754 97.182 0.952
201309 0.676 97.419 0.851
201312 0.818 96.945 1.035
201403 0.965 98.604 1.201
201406 1.231 99.473 1.518
201409 1.205 99.394 1.488
201412 1.567 98.367 1.955
201503 1.726 99.789 2.122
201506 1.746 100.500 2.132
201509 1.502 100.421 1.835
201512 1.410 99.947 1.731
201603 1.551 101.054 1.883
201606 1.590 102.002 1.913
201609 1.539 101.765 1.856
201612 1.475 101.449 1.784
201703 1.466 102.634 1.753
201706 1.513 103.029 1.802
201709 1.781 103.345 2.115
201712 1.636 103.345 1.942
201803 1.624 105.004 1.898
201806 1.757 105.557 2.042
201809 1.804 105.636 2.095
201812 1.644 105.399 1.914
201903 1.662 106.979 1.906
201906 1.710 107.690 1.948
201909 1.623 107.611 1.851
201912 1.213 107.769 1.381
202003 1.006 107.927 1.144
202006 0.943 108.401 1.067
202009 0.944 108.164 1.071
202012 0.273 108.559 0.309
202103 0.307 110.298 0.342
202106 0.404 111.720 0.444
202109 0.423 112.905 0.460
202112 1.301 113.774 1.403
202203 1.406 117.646 1.466
202206 1.476 120.806 1.499
202209 1.393 120.648 1.417
202212 1.417 120.964 1.437
202303 1.506 122.702 1.506

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


Mountain Province Diamonds  (OTCPK:MPVDF) 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.

Mountain Province Diamonds's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.13774/1.46
=0.09

* 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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mountain Province Diamonds Cyclically Adjusted Book per Share Related Terms

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


Mountain Province Diamonds (Mountain Province Diamonds) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 1410, P.O. Box 216, Toronto, ON, CAN, M5J 2S1
Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The Company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canada's Northwest Territories. The Company also owns 100% of the mineral rights of the Kennady North Project (KNP) in Canada's Northwest Territories.