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Quadro Resources (TSXV:QRO) Cyclically Adjusted Book per Share : C$0.03 (As of Jan. 2024)


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What is Quadro 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.

Quadro Resources's adjusted book value per share for the three months ended in Jan. 2024 was C$0.089. 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$0.03 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Quadro Resources's average Cyclically Adjusted Book Growth Rate was 50.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -33.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -53.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -41.30% 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 Quadro Resources was 17.40% per year. The lowest was -66.70% per year. And the median was -33.10% per year.

As of today (2024-05-26), Quadro Resources's current stock price is C$0.035. Quadro Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.03. Quadro Resources's Cyclically Adjusted PB Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quadro Resources was 1.76. The lowest was 0.00. And the median was 0.00.


Quadro Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quadro 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.

Quadro Resources Cyclically Adjusted Book per Share Chart

Quadro Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.10 0.03 0.02 0.03

Quadro Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.02 0.02 0.03 0.03 0.03

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

For the Gold subindustry, Quadro 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.089/125.0724*125.0724
=0.089

Current CPI (Jan. 2024) = 125.0724.

Quadro Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.099 98.920 -0.125
201407 -0.123 99.315 -0.155
201410 -0.140 99.473 -0.176
201501 -0.153 98.209 -0.195
201504 -0.166 99.710 -0.208
201507 -0.185 100.579 -0.230
201510 -0.189 100.500 -0.235
201601 -0.198 100.184 -0.247
201604 -0.202 101.370 -0.249
201607 -0.213 101.844 -0.262
201610 -0.220 102.002 -0.270
201701 -0.226 102.318 -0.276
201704 -0.231 103.029 -0.280
201707 -0.187 103.029 -0.227
201710 0.211 103.424 0.255
201801 0.205 104.056 0.246
201804 0.200 105.320 0.238
201807 0.192 106.110 0.226
201810 0.187 105.952 0.221
201901 0.183 105.557 0.217
201904 0.175 107.453 0.204
201907 0.162 108.243 0.187
201910 0.159 107.927 0.184
202001 0.151 108.085 0.175
202004 0.150 107.216 0.175
202007 0.150 108.401 0.173
202010 0.146 108.638 0.168
202101 0.177 109.192 0.203
202104 0.171 110.851 0.193
202107 0.164 112.431 0.182
202110 0.165 113.695 0.182
202201 0.158 114.801 0.172
202204 0.155 118.357 0.164
202207 0.120 120.964 0.124
202210 0.117 121.517 0.120
202301 0.111 121.596 0.114
202304 0.108 123.571 0.109
202307 0.096 124.914 0.096
202310 0.090 125.310 0.090
202401 0.089 125.072 0.089

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


Quadro Resources  (TSXV:QRO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.035/0.03
=1.17

* 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 Quadro Resources was 1.76. 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.


Quadro Resources Cyclically Adjusted Book per Share Related Terms

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


Quadro Resources (TSXV:QRO) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1
Quadro Resources Ltd is engaged in the acquisition, exploration, development and evaluation of assets in Canada. It derives majority of its revenues from exploration business and has operations spread across Canada. It has projects in Newfoundland and Labrador region namely Staghorn Gold Project , Long Lake Property and Tulks South Property.
Executives
Terrance Barry Coughlan Director, Senior Officer

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