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Almonty Industries (Almonty Industries) Cyclically Adjusted Book per Share : $0.32 (As of Dec. 2023)


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What is Almonty Industries 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.

Almonty Industries's adjusted book value per share for the three months ended in Dec. 2023 was $0.155. 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 $0.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Almonty Industries's average Cyclically Adjusted Book Growth Rate was -10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.40% 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 12 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Almonty Industries was -4.40% per year. The lowest was -4.40% per year. And the median was -4.40% per year.

As of today (2024-04-30), Almonty Industries's current stock price is $0.467. Almonty Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.32. Almonty Industries's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Almonty Industries was 2.65. The lowest was 1.03. And the median was 1.48.


Almonty Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Almonty Industries'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.

Almonty Industries Cyclically Adjusted Book per Share Chart

Almonty Industries Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.38 0.39 0.35 0.32

Almonty Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 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 0.35 0.34 0.33 0.34 0.32

Competitive Comparison of Almonty Industries's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.


Almonty Industries's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Almonty Industries 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, Almonty Industries'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)
=0.155/125.4675*125.4675
=0.155

Current CPI (Dec. 2023) = 125.4675.

Almonty Industries Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.620 96.945 0.802
201403 0.667 98.604 0.849
201406 0.638 99.473 0.805
201409 0.872 99.394 1.101
201412 0.821 98.367 1.047
201503 0.694 99.789 0.873
201506 0.712 100.500 0.889
201509 0.427 100.421 0.533
201512 0.383 99.947 0.481
201603 0.353 101.054 0.438
201606 0.314 102.002 0.386
201609 0.245 101.765 0.302
201612 0.197 101.449 0.244
201703 0.174 102.634 0.213
201706 0.196 103.029 0.239
201709 0.219 103.345 0.266
201712 0.209 103.345 0.254
201803 0.236 105.004 0.282
201806 0.250 105.557 0.297
201809 0.173 105.636 0.205
201812 0.206 105.399 0.245
201903 0.214 106.979 0.251
201906 0.219 107.690 0.255
201909 0.201 107.611 0.234
202003 0.130 107.927 0.151
202006 0.132 108.401 0.153
202009 0.131 108.164 0.152
202012 0.124 108.559 0.143
202103 0.122 110.298 0.139
202106 0.115 111.720 0.129
202109 0.135 112.905 0.150
202112 0.141 113.774 0.155
202203 0.139 117.646 0.148
202206 0.141 120.806 0.146
202209 0.114 120.648 0.119
202212 0.135 120.964 0.140
202303 0.123 122.702 0.126
202306 0.119 124.203 0.120
202309 0.105 125.230 0.105
202312 0.155 125.468 0.155

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


Almonty Industries  (OTCPK:ALMTF) 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.

Almonty Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.467/0.32
=1.46

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Almonty Industries was 2.65. The lowest was 1.03. And the median was 1.48.


Be Aware

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


Almonty Industries Cyclically Adjusted Book per Share Related Terms

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


Almonty Industries (Almonty Industries) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.