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Panex Resources (Panex Resources) Cyclically Adjusted Book per Share : $0.00 (As of Aug. 2016)


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What is Panex Resources 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.

Panex Resources's adjusted book value per share for the three months ended in Aug. 2016 was $0.000. 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 $0.00 for the trailing ten years ended in Aug. 2016.

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 (2024-06-25), Panex Resources's current stock price is $1.0E-5. Panex Resources's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2016 was $0.00. Panex Resources's Cyclically Adjusted PB Ratio of today is .


Panex Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Panex Resources'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.

Panex Resources Cyclically Adjusted Book per Share Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Cyclically Adjusted Book per Share
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Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
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Competitive Comparison of Panex Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Panex Resources'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.


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

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

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



Panex Resources 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, Panex Resources's adjusted Book Value per Share data for the three months ended in Aug. 2016 was:

Adj_Book= Book Value per Share /CPI of Aug. 2016 (Change)*Current CPI (Aug. 2016)
=0/101.6168*101.6168
=0.000

Current CPI (Aug. 2016) = 101.6168.

Panex Resources Quarterly Data

Book Value per Share CPI Adj_Book
200602 0.001 83.834 0.001
200605 -0.001 85.437 -0.001
200608 0.113 86.028 0.133
200611 0.182 85.015 0.218
200702 0.188 85.858 0.223
200705 0.146 87.736 0.169
200708 -0.026 87.722 -0.030
200808 -0.027 92.435 -0.030
200811 0.000 89.624 0.000
200902 0.000 89.527 0.000
200905 0.000 90.228 0.000
200908 -0.020 91.063 -0.022
200911 -0.018 91.272 -0.020
201002 -0.018 91.445 -0.020
201005 -0.019 92.052 -0.021
201008 -0.020 92.108 -0.022
201011 -0.021 92.315 -0.023
201102 -0.011 93.373 -0.012
201105 -0.012 95.337 -0.013
201108 -0.013 95.582 -0.014
201111 -0.013 95.449 -0.014
201202 -0.011 96.053 -0.012
201205 -0.001 96.961 -0.001
201208 -0.003 97.199 -0.003
201211 -0.004 97.133 -0.004
201302 -0.005 97.953 -0.005
201305 -0.003 98.282 -0.003
201308 -0.003 98.675 -0.003
201311 -0.002 98.334 -0.002
201402 -0.003 99.057 -0.003
201405 -0.004 100.373 -0.004
201408 0.001 100.352 0.001
201411 0.000 99.635 0.000
201502 0.001 99.032 0.001
201505 0.001 100.333 0.001
201508 0.001 100.548 0.001
201511 0.000 100.135 0.000
201602 0.001 100.040 0.001
201605 0.000 101.355 0.000
201608 0.000 101.617 0.000

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


Panex Resources  (OTCPK:DBGF) 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.


Be Aware

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


Panex Resources Cyclically Adjusted Book per Share Related Terms

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


Panex Resources (Panex Resources) Business Description

Traded in Other Exchanges
N/A
Address
504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000
Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.

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