GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cornish Metals Inc (TSXV:CUSN) » Definitions » Book Value per Share

Cornish Metals (TSXV:CUSN) Book Value per Share : C$0.17 (As of Oct. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Cornish Metals Book Value per Share?

Cornish Metals's book value per share for the quarter that ended in Oct. 2023 was C$0.17.

During the past 12 months, Cornish Metals's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.30% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cornish Metals was 41.00% per year. The lowest was -66.40% per year. And the median was -7.85% per year.

Cornish Metals's current price is C$0.175. Its book value per share for the quarter that ended in Oct. 2023 was C$0.17. Hence, today's PB Ratio of Cornish Metals is 1.04.

During the past 13 years, the highest P/B Ratio of Cornish Metals was 9.31. The lowest was 0.00. And the median was 0.00.


Cornish Metals Book Value per Share Historical Data

The historical data trend for Cornish Metals's Book Value 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.

Cornish Metals Book Value per Share Chart

Cornish Metals Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.08 0.06 0.07

Cornish Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Book Value 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 0.16 0.17 0.17 0.17 0.17

Competitive Comparison of Cornish Metals's Book Value per Share

For the Other Industrial Metals & Mining subindustry, Cornish Metals's PB Ratio, along with its competitors' market caps and 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.


Cornish Metals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cornish Metals's PB Ratio falls into.



Cornish Metals Book Value per Share Calculation

Cornish Metals's Book Value Per Share for the fiscal year that ended in Jan. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20.71-0.00)/285.85
=0.07

Cornish Metals's Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(90.72-0.00)/535.27
=0.17

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Cornish Metals  (TSXV:CUSN) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Cornish Metals Book Value per Share Related Terms

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


Cornish Metals (TSXV:CUSN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

Cornish Metals (TSXV:CUSN) Headlines

No Headlines