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AVTGF (Avanti Gold) Cyclically Adjusted Book per Share : $0.02 (As of Jan. 2025)


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What is Avanti 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.

Avanti Gold's adjusted book value per share for the three months ended in Jan. 2025 was $-0.061. 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 $0.02 for the trailing ten years ended in Jan. 2025.

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.

As of today (2025-05-05), Avanti Gold's current stock price is $0.045. Avanti Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $0.02. Avanti Gold's Cyclically Adjusted PB Ratio of today is 2.25.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Avanti Gold was 1.16. The lowest was 0.00. And the median was 0.00.


Avanti Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Avanti 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.

Avanti Gold Cyclically Adjusted Book per Share Chart

Avanti Gold Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
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Avanti Gold Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.05 0.02

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

For the Gold subindustry, Avanti 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.


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

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

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


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Avanti 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, Avanti Gold's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=-0.061/127.4427*127.4427
=-0.061

Current CPI (Jan. 2025) = 127.4427.

Avanti Gold Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.384 99.710 0.491
201507 0.357 100.579 0.452
201510 0.329 100.500 0.417
201601 0.286 100.184 0.364
201604 0.129 101.370 0.162
201607 0.119 101.844 0.149
201610 0.104 102.002 0.130
201701 0.089 102.318 0.111
201704 0.082 103.029 0.101
201707 0.082 103.029 0.101
201710 0.063 103.424 0.078
201801 0.057 104.056 0.070
201804 0.032 105.320 0.039
201807 0.021 106.110 0.025
201810 0.011 105.952 0.013
201901 0.034 105.557 0.041
201904 0.018 107.453 0.021
201907 0.009 108.243 0.011
201910 -0.023 107.927 -0.027
202001 0.042 108.085 0.050
202004 -0.069 107.216 -0.082
202007 -0.115 108.401 -0.135
202010 -0.059 108.638 -0.069
202101 0.349 109.192 0.407
202104 0.047 110.851 0.054
202107 -0.107 112.431 -0.121
202110 -0.176 113.695 -0.197
202201 -0.262 114.801 -0.291
202204 -0.289 118.357 -0.311
202207 -0.307 120.964 -0.323
202210 0.057 121.517 0.060
202301 -0.079 121.596 -0.083
202304 -0.062 123.571 -0.064
202307 -0.062 124.914 -0.063
202310 -0.064 125.310 -0.065
202401 -0.066 125.072 -0.067
202404 -0.073 126.890 -0.073
202407 -0.050 128.075 -0.050
202410 -0.058 127.838 -0.058
202501 -0.061 127.443 -0.061

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


Avanti Gold  (OTCPK:AVTGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.045/0.02
=2.25

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Avanti Gold was 1.16. 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.


Avanti Gold Cyclically Adjusted Book per Share Related Terms

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


Avanti Gold Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9
Avanti Gold Corp is a mineral exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo, located in the Fizi territory of South Kivu province. The Misisi Gold Project contains an inferred mineral resource of 3 million ounces of gold. The Project comprises three contiguous 30-year mining leases, covering 133 square kilometers of prospective exploration ground along the long Kibara Gold Belt.

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