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Big Ridge Gold (Big Ridge Gold) Cyclically Adjusted Book per Share : $0.26 (As of Dec. 2023)


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What is Big Ridge 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.

Big Ridge Gold's adjusted book value per share for the three months ended in Dec. 2023 was $0.029. 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 $0.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Big Ridge Gold's average Cyclically Adjusted Book Growth Rate was -17.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -23.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -24.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -20.20% 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 Big Ridge Gold was -10.50% per year. The lowest was -25.70% per year. And the median was -18.30% per year.

As of today (2024-05-02), Big Ridge Gold's current stock price is $0.06689. Big Ridge Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.26. Big Ridge Gold's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Big Ridge Gold was 0.29. The lowest was 0.02. And the median was 0.08.


Big Ridge Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Big Ridge 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.

Big Ridge Gold Cyclically Adjusted Book per Share Chart

Big Ridge Gold 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 1.19 0.75 0.57 0.40 0.30

Big Ridge Gold 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 0.31 0.32 0.30 0.26 0.26

Competitive Comparison of Big Ridge Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Big Ridge 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.


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

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

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



Big Ridge 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, Big Ridge 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)
=0.029/125.4675*125.4675
=0.029

Current CPI (Dec. 2023) = 125.4675.

Big Ridge Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.651 98.604 0.828
201406 0.688 99.473 0.868
201409 0.635 99.394 0.802
201412 0.541 98.367 0.690
201503 0.429 99.789 0.539
201506 0.445 100.500 0.556
201509 0.397 100.421 0.496
201512 0.370 99.947 0.464
201603 0.366 101.054 0.454
201606 0.361 102.002 0.444
201609 0.357 101.765 0.440
201612 0.291 101.449 0.360
201703 0.246 102.634 0.301
201706 0.335 103.029 0.408
201709 0.330 103.345 0.401
201712 0.296 103.345 0.359
201803 0.274 105.004 0.327
201806 0.249 105.557 0.296
201809 0.249 105.636 0.296
201812 0.233 105.399 0.277
201903 0.215 106.979 0.252
201906 0.211 107.690 0.246
201909 0.201 107.611 0.234
201912 0.192 107.769 0.224
202003 0.163 107.927 0.189
202006 0.309 108.401 0.358
202009 0.081 108.164 0.094
202012 0.081 108.559 0.094
202103 0.092 110.298 0.105
202106 0.116 111.720 0.130
202109 0.109 112.905 0.121
202112 0.086 113.774 0.095
202203 0.064 117.646 0.068
202206 0.029 120.806 0.030
202209 0.034 120.648 0.035
202212 0.031 120.964 0.032
202303 0.028 122.702 0.029
202306 0.026 124.203 0.026
202309 0.034 125.230 0.034
202312 0.029 125.468 0.029

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


Big Ridge Gold  (OTCPK:ALVLF) 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.

Big Ridge Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06689/0.26
=0.26

* 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 Big Ridge Gold was 0.29. The lowest was 0.02. And the median was 0.08.


Be Aware

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


Big Ridge Gold Cyclically Adjusted Book per Share Related Terms

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


Big Ridge Gold (Big Ridge Gold) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
Big Ridge Gold Corp is an exploration and development company with a portfolio of 100% owned Canadian gold properties. The company is focused on the Oxford Gold Project located in Manitoba, it is active in the prolific Abitibi greenstone belt in Quebec on the Destiny gold property and is exploring the Beardmore-Geraldton gold belt in Ontario.

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