GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Getchell Gold Corp (XCNQ:GTCH) » Definitions » Cyclically Adjusted Book per Share

Getchell Gold (XCNQ:GTCH) Cyclically Adjusted Book per Share : C$-0.04 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Getchell Gold 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.

Getchell Gold's adjusted book value per share for the three months ended in Dec. 2023 was C$-0.010. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-0.04 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Getchell Gold was 12.60% per year. The lowest was 10.60% per year. And the median was 11.60% per year.

As of today (2024-05-25), Getchell Gold's current stock price is C$0.135. Getchell Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$-0.04. Getchell Gold's Cyclically Adjusted PB Ratio of today is .


Getchell Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Getchell Gold'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.

Getchell Gold Cyclically Adjusted Book per Share Chart

Getchell Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.06 -0.05 -0.04 -0.04

Getchell Gold Quarterly Data
Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.04 -0.04 -0.04 -0.04 -0.04

Competitive Comparison of Getchell Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Getchell Gold'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.


Getchell Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Getchell Gold 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, Getchell Gold'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)
=-0.01/125.0724*125.0724
=-0.010

Current CPI (Dec. 2023) = 125.0724.

Getchell Gold Quarterly Data

Book Value per Share CPI Adj_Book
201310 -0.063 97.182 -0.081
201401 -0.064 97.261 -0.082
201404 -0.066 98.920 -0.083
201407 -0.067 99.315 -0.084
201410 -0.071 99.473 -0.089
201501 -0.075 98.209 -0.096
201504 -0.076 99.710 -0.095
201507 -0.078 100.579 -0.097
201510 -0.082 100.500 -0.102
201601 -0.086 100.184 -0.107
201604 -0.089 101.370 -0.110
201607 -0.090 101.844 -0.111
201610 -0.095 102.002 -0.116
201701 -0.096 102.318 -0.117
201704 -0.100 103.029 -0.121
201707 -0.060 103.029 -0.073
201710 -0.052 103.424 -0.063
201801 -0.055 104.056 -0.066
201804 -0.068 105.320 -0.081
201807 -0.072 106.110 -0.085
201810 -0.070 105.952 -0.083
201903 0.000 106.979 0.000
201906 0.012 107.690 0.014
201909 0.003 107.611 0.003
201912 0.016 107.769 0.019
202003 0.015 107.927 0.017
202006 0.019 108.401 0.022
202009 0.046 108.164 0.053
202012 0.030 108.559 0.035
202103 0.028 110.298 0.032
202106 0.057 111.720 0.064
202109 0.045 112.905 0.050
202112 0.041 113.774 0.045
202203 0.041 117.646 0.044
202206 0.042 120.806 0.043
202209 0.022 120.648 0.023
202212 0.009 120.964 0.009
202303 0.004 122.702 0.004
202309 0.003 125.230 0.003
202312 -0.010 125.072 -0.010

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


Getchell Gold  (XCNQ:GTCH) 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.


Be Aware

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


Getchell Gold Cyclically Adjusted Book per Share Related Terms

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


Getchell Gold (XCNQ:GTCH) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Getchell Gold Corp is a resource company committed to responsible exploration focused on gold and copper in Nevada. The company's projects are Fondaway canyon, Star, Dixie comstock, and Hot springs peak projects. Getchell Gold is directing its efforts on Fondaway Canyon, a past gold producer with an in-the-ground historic resources, and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Along with Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.
Executives
William Wagener Director, Senior Officer
Peter Michael Clausi Director, Senior Officer