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Encanto Potash (TSXV:EPO.H) Cyclically Adjusted Book per Share : C$0.75 (As of Dec. 2023)


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What is Encanto Potash 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.

Encanto Potash's adjusted book value per share for the three months ended in Dec. 2023 was C$-1.621. 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$0.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Encanto Potash's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Encanto Potash was 10.60% per year. The lowest was -25.30% per year. And the median was 4.90% per year.

As of today (2024-05-16), Encanto Potash's current stock price is C$0.065. Encanto Potash's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.75. Encanto Potash's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Encanto Potash was 0.11. The lowest was 0.00. And the median was 0.00.


Encanto Potash Cyclically Adjusted Book per Share Historical Data

The historical data trend for Encanto Potash'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.

Encanto Potash Cyclically Adjusted Book per Share Chart

Encanto Potash 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 3.45 2.82 2.10 1.44 0.75

Encanto Potash 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 1.44 1.28 1.11 0.94 0.75

Competitive Comparison of Encanto Potash's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Encanto Potash'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.


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

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

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



Encanto Potash 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, Encanto Potash'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)
=-1.621/125.4675*125.4675
=-1.621

Current CPI (Dec. 2023) = 125.4675.

Encanto Potash Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.630 98.604 5.891
201406 4.610 99.473 5.815
201409 4.522 99.394 5.708
201412 3.596 98.367 4.587
201503 3.476 99.789 4.370
201506 3.485 100.500 4.351
201509 3.010 100.421 3.761
201512 2.633 99.947 3.305
201603 2.569 101.054 3.190
201606 2.654 102.002 3.265
201609 2.405 101.765 2.965
201612 1.394 101.449 1.724
201703 1.293 102.634 1.581
201706 1.198 103.029 1.459
201709 1.109 103.345 1.346
201712 1.070 103.345 1.299
201803 0.996 105.004 1.190
201806 0.926 105.557 1.101
201809 0.919 105.636 1.092
201812 -2.535 105.399 -3.018
201903 0.797 106.979 0.935
201906 0.772 107.690 0.899
201909 0.719 107.611 0.838
201912 -2.905 107.769 -3.382
202003 0.382 107.927 0.444
202006 0.353 108.401 0.409
202009 0.326 108.164 0.378
202012 -3.002 108.559 -3.470
202103 -3.058 110.298 -3.479
202106 -1.589 111.720 -1.785
202109 -1.633 112.905 -1.815
202112 -1.710 113.774 -1.886
202203 -1.672 117.646 -1.783
202206 -1.688 120.806 -1.753
202209 -1.544 120.648 -1.606
202212 -1.545 120.964 -1.603
202303 -1.552 122.702 -1.587
202306 -1.576 124.203 -1.592
202309 -1.599 125.230 -1.602
202312 -1.621 125.468 -1.621

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


Encanto Potash  (TSXV:EPO.H) 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.

Encanto Potash's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.065/0.75
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Encanto Potash was 0.11. 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.


Encanto Potash Cyclically Adjusted Book per Share Related Terms

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


Encanto Potash (TSXV:EPO.H) Business Description

Traded in Other Exchanges
Address
3123 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1J1
Encanto Potash Corp is a Canadian-based company involved in the industrial metals and mining business sector. The company is engaged in the exploration and development of potash properties in the Province of Saskatchewan. It focuses on the Muskowekwan First Nation potash mineral deposits located on the reserve lands approximately 100 km north of Regina, Saskatchewan.

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