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Orvana Minerals (Orvana Minerals) Cyclically Adjusted Book per Share : $0.72 (As of Dec. 2023)


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What is Orvana Minerals 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.

Orvana Minerals's adjusted book value per share for the three months ended in Dec. 2023 was $0.371. 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 $0.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Orvana Minerals's average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.90% 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 Orvana Minerals was 15.10% per year. The lowest was -4.80% per year. And the median was 5.60% per year.

As of today (2024-04-30), Orvana Minerals's current stock price is $0.1533. Orvana Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.72. Orvana Minerals's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orvana Minerals was 1.19. The lowest was 0.12. And the median was 0.24.


Orvana Minerals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orvana Minerals'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.

Orvana Minerals Cyclically Adjusted Book per Share Chart

Orvana Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.81 0.65 0.80 0.73

Orvana Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.75 0.73 0.78 0.73 0.72

Competitive Comparison of Orvana Minerals's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Orvana Minerals'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.


Orvana Minerals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Orvana Minerals 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, Orvana Minerals'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)
=0.371/125.4675*125.4675
=0.371

Current CPI (Dec. 2023) = 125.4675.

Orvana Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.156 98.604 1.471
201406 0.966 99.473 1.218
201409 0.946 99.394 1.194
201412 0.951 98.367 1.213
201503 0.921 99.789 1.158
201506 0.881 100.500 1.100
201509 0.824 100.421 1.030
201512 0.801 99.947 1.006
201603 0.782 101.054 0.971
201606 0.773 102.002 0.951
201609 0.762 101.765 0.939
201612 0.703 101.449 0.869
201703 0.686 102.634 0.839
201706 0.661 103.029 0.805
201709 0.649 103.345 0.788
201712 0.624 103.345 0.758
201803 0.599 105.004 0.716
201806 0.577 105.557 0.686
201809 0.569 105.636 0.676
201812 0.561 105.399 0.668
201903 0.586 106.979 0.687
201906 0.557 107.690 0.649
201909 0.531 107.611 0.619
201912 0.511 107.769 0.595
202003 0.491 107.927 0.571
202006 0.456 108.401 0.528
202009 0.519 108.164 0.602
202012 0.534 108.559 0.617
202103 0.528 110.298 0.601
202106 0.521 111.720 0.585
202109 0.513 112.905 0.570
202112 0.514 113.774 0.567
202203 0.470 117.646 0.501
202206 0.455 120.806 0.473
202209 0.397 120.648 0.413
202212 0.404 120.964 0.419
202303 0.398 122.702 0.407
202306 0.396 124.203 0.400
202309 0.414 125.230 0.415
202312 0.371 125.468 0.371

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


Orvana Minerals  (OTCPK:ORVMF) 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.

Orvana Minerals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1533/0.72
=0.21

* 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 Orvana Minerals was 1.19. The lowest was 0.12. And the median was 0.24.


Be Aware

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


Orvana Minerals Cyclically Adjusted Book per Share Related Terms

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


Orvana Minerals (Orvana Minerals) Business Description

Traded in Other Exchanges
Address
70 York Street, Suite 1710, Toronto, ON, CAN, M5J 1S9
Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. The company predominantly operates in the gold and copper mining industry and its majority of the products are gold dore and gold/copper concentrates. Its properties include El Valle and Carles mines and the El Valle processing plant (collectively, El Valle), producer of copper concentrate and dore, Don Mario Operation and Taguas Property. The company's segments include Orovalle, which operates El Valle Mine in Spain, EMIPA which operates Don Mario Mine in Bolivia, Orvana Argentina and Corporate. Majority of the revenue for the company is generated from its Orovalle segment.