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Excellon Resources (TSX:EXN) Cyclically Adjusted Book per Share : C$2.39 (As of Mar. 2024)


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What is Excellon Resources 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.

Excellon Resources's adjusted book value per share for the three months ended in Mar. 2024 was C$0.013. 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 C$2.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Excellon Resources's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.90% 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 Excellon Resources was 17.70% per year. The lowest was -14.00% per year. And the median was 0.70% per year.

As of today (2024-05-24), Excellon Resources's current stock price is C$0.19. Excellon Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$2.39. Excellon Resources's Cyclically Adjusted PB Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Excellon Resources was 3.63. The lowest was 0.03. And the median was 0.96.


Excellon Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Excellon Resources'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.

Excellon Resources Cyclically Adjusted Book per Share Chart

Excellon Resources 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 4.17 4.02 3.76 3.23 2.56

Excellon Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.08 2.93 2.76 2.56 2.39

Competitive Comparison of Excellon Resources's Cyclically Adjusted Book per Share

For the Silver subindustry, Excellon Resources'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.


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

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

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



Excellon Resources 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, Excellon Resources's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.013/126.2576*126.2576
=0.013

Current CPI (Mar. 2024) = 126.2576.

Excellon Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.013 99.473 7.632
201409 4.092 99.394 5.198
201412 3.811 98.367 4.892
201503 3.921 99.789 4.961
201506 3.673 100.500 4.614
201509 3.442 100.421 4.328
201512 3.290 99.947 4.156
201603 2.890 101.054 3.611
201606 2.117 102.002 2.620
201609 2.026 101.765 2.514
201612 1.982 101.449 2.467
201703 2.229 102.634 2.742
201706 2.331 103.029 2.857
201709 1.649 103.345 2.015
201712 3.073 103.345 3.754
201803 3.239 105.004 3.895
201806 3.187 105.557 3.812
201809 3.093 105.636 3.697
201812 2.721 105.399 3.259
201903 2.538 106.979 2.995
201906 2.430 107.690 2.849
201909 2.452 107.611 2.877
201912 2.470 107.769 2.894
202003 1.781 107.927 2.083
202006 1.950 108.401 2.271
202009 2.168 108.164 2.531
202012 1.998 108.559 2.324
202103 1.837 110.298 2.103
202106 1.755 111.720 1.983
202109 0.635 112.905 0.710
202112 -0.170 113.774 -0.189
202203 -0.252 117.646 -0.270
202206 -0.381 120.806 -0.398
202209 -0.464 120.648 -0.486
202212 -0.782 120.964 -0.816
202303 -0.042 122.702 -0.043
202306 -0.121 124.203 -0.123
202309 -0.258 125.230 -0.260
202312 -0.268 125.072 -0.271
202403 0.013 126.258 0.013

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


Excellon Resources  (TSX:EXN) 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.

Excellon Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.19/2.39
=0.08

* 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 Excellon Resources was 3.63. The lowest was 0.03. And the median was 0.96.


Be Aware

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


Excellon Resources Cyclically Adjusted Book per Share Related Terms

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


Excellon Resources (TSX:EXN) Business Description

Traded in Other Exchanges
Address
10 King Street East, Suite 200, Toronto, ON, CAN, M5C 1C3
Excellon Resources Inc is involved in the exploration, development and extraction of silver, lead and zinc metals. It mainly operates in Mexico and Canada. The Mexican operations consist of the Platosa property which is a commercial production property earning most of its revenue through the sale of silver- lead concentrate and silver-zinc concentrate whereas Canadian operations are principally engaged in the acquisition, exploration, and evaluation of mining properties in Quebec. It has two reportable segments, Mexico and Corporate.
Executives
Brendan Thomas Cahill Director

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