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BeMetals (BeMetals) Cyclically Adjusted Book per Share : $0.06 (As of Dec. 2023)


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What is BeMetals 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.

BeMetals's adjusted book value per share for the three months ended in Dec. 2023 was $0.087. 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 $0.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BeMetals's average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 32.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 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 BeMetals was 32.60% per year. The lowest was -7.20% per year. And the median was 26.00% per year.

As of today (2024-05-03), BeMetals's current stock price is $0.0567. BeMetals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.06. BeMetals's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BeMetals was 2.50. The lowest was 0.00. And the median was 0.00.


BeMetals Cyclically Adjusted Book per Share Historical Data

The historical data trend for BeMetals'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.

BeMetals Cyclically Adjusted Book per Share Chart

BeMetals Annual Data
Trend Jan14 Jan15 Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.03 0.04 0.06

BeMetals Quarterly Data
Dec18 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 0.05 0.04 0.04 0.05 0.06

Competitive Comparison of BeMetals's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, BeMetals'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.


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

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

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



BeMetals 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, BeMetals'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)
=0.087/125.4675*125.4675
=0.087

Current CPI (Dec. 2023) = 125.4675.

BeMetals Quarterly Data

Book Value per Share CPI Adj_Book
201310 0.000 97.182 0.000
201401 0.004 97.261 0.005
201404 0.000 98.920 0.000
201407 -0.004 99.315 -0.005
201410 -0.011 99.473 -0.014
201501 -0.017 98.209 -0.022
201504 -0.029 99.710 -0.036
201507 -0.034 100.579 -0.042
201510 -0.036 100.500 -0.045
201601 -0.033 100.184 -0.041
201604 0.008 101.370 0.010
201607 0.008 101.844 0.010
201610 0.007 102.002 0.009
201703 0.015 102.634 0.018
201706 0.000 103.029 0.000
201709 -0.001 103.345 -0.001
201712 -0.002 103.345 -0.002
201803 -0.003 105.004 -0.004
201806 -0.005 105.557 -0.006
201809 0.018 105.636 0.021
201812 0.015 105.399 0.018
201903 0.017 106.979 0.020
201906 0.070 107.690 0.082
201909 0.070 107.611 0.082
201912 0.069 107.769 0.080
202003 0.064 107.927 0.074
202006 0.066 108.401 0.076
202009 0.101 108.164 0.117
202012 0.102 108.559 0.118
202103 0.104 110.298 0.118
202106 0.168 111.720 0.189
202109 0.161 112.905 0.179
202112 0.158 113.774 0.174
202203 0.157 117.646 0.167
202206 0.154 120.806 0.160
202209 0.146 120.648 0.152
202212 0.090 120.964 0.093
202303 0.088 122.702 0.090
202309 0.090 125.230 0.090
202312 0.087 125.468 0.087

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


BeMetals  (OTCPK:BMTLF) 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.

BeMetals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0567/0.06
=0.95

* 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 BeMetals was 2.50. 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.


BeMetals Cyclically Adjusted Book per Share Related Terms

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


BeMetals (BeMetals) Business Description

Industry
Traded in Other Exchanges
Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
BeMetals Corp is a precious and base metals exploration and development company engaged in the acquisition of quality exploration, development and production stage mineral projects. The company is focused on exploring its portfolio of gold projects in Japan, which includes the Kato Gold Project in Hokkaido, and exploring copper at its Pangeni Project in Zambia. It operates in one segment, exploration and evaluation of mineral properties, in Zambia and Japan.

BeMetals (BeMetals) Headlines

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