GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canstar Resources Inc (TSXV:ROX) » Definitions » Cyclically Adjusted Book per Share

Canstar Resources (TSXV:ROX) Cyclically Adjusted Book per Share : C$0.18 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Canstar 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.

Canstar Resources's adjusted book value per share for the three months ended in Dec. 2023 was C$0.002. 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$0.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Canstar Resources's average Cyclically Adjusted Book Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Canstar Resources was 8.70% per year. The lowest was -4.10% per year. And the median was 2.30% per year.

As of today (2024-05-19), Canstar Resources's current stock price is C$0.04. Canstar Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.18. Canstar Resources's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Canstar Resources was 0.27. The lowest was 0.00. And the median was 0.00.


Canstar Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Canstar 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.

Canstar Resources Cyclically Adjusted Book per Share Chart

Canstar Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.16 0.18 0.19 0.19

Canstar Resources 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 0.19 0.19 0.19 0.18 0.18

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

For the Other Industrial Metals & Mining subindustry, Canstar 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.


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

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

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



Canstar 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, Canstar Resources'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)
=0.002/125.0724*125.0724
=0.002

Current CPI (Dec. 2023) = 125.0724.

Canstar Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.168 98.604 0.213
201406 0.166 99.473 0.209
201409 0.162 99.394 0.204
201412 0.158 98.367 0.201
201503 0.155 99.789 0.194
201506 0.152 100.500 0.189
201509 0.148 100.421 0.184
201512 0.154 99.947 0.193
201603 0.152 101.054 0.188
201606 0.154 102.002 0.189
201609 0.185 101.765 0.227
201612 0.180 101.449 0.222
201703 0.175 102.634 0.213
201706 0.174 103.029 0.211
201709 0.171 103.345 0.207
201712 0.168 103.345 0.203
201803 0.165 105.004 0.197
201806 0.102 105.557 0.121
201809 0.203 105.636 0.240
201812 0.202 105.399 0.240
201903 0.200 106.979 0.234
201906 0.176 107.690 0.204
201909 0.175 107.611 0.203
201912 0.176 107.769 0.204
202003 0.163 107.927 0.189
202006 0.161 108.401 0.186
202009 0.156 108.164 0.180
202012 0.173 108.559 0.199
202103 0.171 110.298 0.194
202106 0.171 111.720 0.191
202109 0.171 112.905 0.189
202112 0.191 113.774 0.210
202203 0.190 117.646 0.202
202206 0.052 120.806 0.054
202209 0.119 120.648 0.123
202212 0.119 120.964 0.123
202303 0.118 122.702 0.120
202306 0.007 124.203 0.007
202309 0.005 125.230 0.005
202312 0.002 125.072 0.002

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


Canstar Resources  (TSXV:ROX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/0.18
=0.22

* 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 Canstar Resources was 0.27. 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.


Canstar Resources Cyclically Adjusted Book per Share Related Terms

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


Canstar Resources (TSXV:ROX) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has an option to acquire a 100% interest in the Golden Baie Project in south-central Newfoundland, a claim package with recently discovered, multiple outcropping gold occurrences on a structural trend. It also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland.