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Talon Metals (Talon Metals) Cyclically Adjusted Book per Share : $0.16 (As of Dec. 2023)


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What is Talon 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.

Talon Metals's adjusted book value per share for the three months ended in Dec. 2023 was $0.185. 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 $0.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Talon Metals's average Cyclically Adjusted Book Growth Rate was -8.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.10% 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 Talon Metals was -9.70% per year. The lowest was -16.40% per year. And the median was -14.00% per year.

As of today (2024-06-03), Talon Metals's current stock price is $0.1319. Talon Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.16. Talon Metals's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Talon Metals was 1.31. The lowest was 0.00. And the median was 0.00.


Talon Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Talon 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.

Talon Metals Cyclically Adjusted Book per Share Chart

Talon Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.24 0.20 0.17 0.16

Talon Metals 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 0.17 0.17 0.17 0.16 0.16

Competitive Comparison of Talon Metals's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Talon 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.


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

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

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



Talon 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, Talon Metals'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)
=0.185/129.4194*129.4194
=0.185

Current CPI (Dec. 2023) = 129.4194.

Talon Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.353 99.695 0.458
201406 0.352 100.560 0.453
201409 0.340 100.428 0.438
201412 0.187 99.070 0.244
201503 0.167 99.621 0.217
201506 0.161 100.684 0.207
201509 0.160 100.392 0.206
201512 0.113 99.792 0.147
201603 0.128 100.470 0.165
201606 0.119 101.688 0.151
201609 0.117 101.861 0.149
201612 0.108 101.863 0.137
201703 0.099 102.862 0.125
201706 0.090 103.349 0.113
201709 0.093 104.136 0.116
201712 0.097 104.011 0.121
201803 0.084 105.290 0.103
201806 0.068 106.317 0.083
201809 0.059 106.507 0.072
201812 0.038 105.998 0.046
201903 0.081 107.251 0.098
201906 0.080 108.070 0.096
201909 0.085 108.329 0.102
201912 0.086 108.420 0.103
202003 0.087 108.902 0.103
202006 0.085 108.767 0.101
202009 0.088 109.815 0.104
202012 0.094 109.897 0.111
202103 0.126 111.754 0.146
202106 0.131 114.631 0.148
202109 0.136 115.734 0.152
202112 0.136 117.630 0.150
202203 0.161 121.301 0.172
202206 0.165 125.017 0.171
202209 0.174 125.227 0.180
202212 0.184 125.222 0.190
202303 0.183 127.348 0.186
202306 0.186 128.729 0.187
202309 0.170 129.860 0.169
202312 0.185 129.419 0.185

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


Talon Metals  (OTCPK:TLOFF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1319/0.16
=0.82

* 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 Talon Metals was 1.31. 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.


Talon Metals Cyclically Adjusted Book per Share Related Terms

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


Talon Metals (Talon Metals) Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB
Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.

Talon Metals (Talon Metals) Headlines