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Power Group Projects (TSXV:PGP) Cyclically Adjusted Book per Share : C$0.57 (As of Oct. 2023)


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What is Power Group Projects 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.

Power Group Projects's adjusted book value per share for the three months ended in Oct. 2023 was C$-0.001. 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$0.57 for the trailing ten years ended in Oct. 2023.

During the past 12 months, Power Group Projects's average Cyclically Adjusted Book Growth Rate was -29.60% 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.

As of today (2024-05-24), Power Group Projects's current stock price is C$0.01. Power Group Projects's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was C$0.57. Power Group Projects's Cyclically Adjusted PB Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Power Group Projects was 0.03. The lowest was 0.00. And the median was 0.00.


Power Group Projects Cyclically Adjusted Book per Share Historical Data

The historical data trend for Power Group Projects'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.

Power Group Projects Cyclically Adjusted Book per Share Chart

Power Group Projects Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.61 1.36 1.15 -

Power Group Projects Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.81 - - 0.64 0.57

Competitive Comparison of Power Group Projects's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Power Group Projects'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.


Power Group Projects's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Power Group Projects's Cyclically Adjusted PB Ratio falls into.



Power Group Projects 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, Power Group Projects's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book= Book Value per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=-0.001/125.3095*125.3095
=-0.001

Current CPI (Oct. 2023) = 125.3095.

Power Group Projects Quarterly Data

Book Value per Share CPI Adj_Book
201401 1.711 97.261 2.204
201404 1.997 98.920 2.530
201407 1.718 99.315 2.168
201410 1.647 99.473 2.075
201501 1.577 98.209 2.012
201504 1.766 99.710 2.219
201507 0.840 100.579 1.047
201510 0.774 100.500 0.965
201601 0.285 100.184 0.356
201604 0.230 101.370 0.284
201607 0.210 101.844 0.258
201610 0.294 102.002 0.361
201701 0.057 102.318 0.070
201704 0.266 103.029 0.324
201707 0.247 103.029 0.300
201710 0.396 103.424 0.480
201801 0.220 104.056 0.265
201804 0.938 105.320 1.116
201807 0.955 106.110 1.128
201810 0.946 105.952 1.119
201901 0.072 105.557 0.085
201904 0.061 107.453 0.071
201907 0.046 108.243 0.053
201910 0.035 107.927 0.041
202001 0.009 108.085 0.010
202004 0.008 107.216 0.009
202007 0.006 108.401 0.007
202010 0.003 108.638 0.003
202101 0.002 109.192 0.002
202104 -0.002 110.851 -0.002
202107 0.021 112.431 0.023
202110 0.017 113.695 0.019
202201 0.009 114.801 0.010
202204 0.007 118.357 0.007
202207 0.003 120.964 0.003
202210 0.001 121.517 0.001
202301 0.000 121.596 0.000
202304 0.000 123.571 0.000
202307 -0.001 124.914 -0.001
202310 -0.001 125.310 -0.001

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


Power Group Projects  (TSXV:PGP) 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.

Power Group Projects's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.01/0.57
=0.02

* 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 Power Group Projects was 0.03. 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.


Power Group Projects Cyclically Adjusted Book per Share Related Terms

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


Power Group Projects (TSXV:PGP) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2
Power Group Projects Corp is a Canadian company which is engaged in the acquisition and exploration of resource properties. The company owns an interest in Smith Cobalt Project, Canadian Cobalt Project, Ontario Cobalt Project and Little Trout Cobalt Project among others.

Power Group Projects (TSXV:PGP) Headlines

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