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Euro Ressources (Euro Ressources) Cyclically Adjusted Book per Share : $0.75 (As of Sep. 2023)


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What is Euro Ressources 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.

Euro Ressources's adjusted book value per share for the three months ended in Sep. 2023 was $0.678. 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 $0.75 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Euro Ressources's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.40% 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 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Euro Ressources was 79.20% per year. The lowest was 7.50% per year. And the median was 14.90% per year.

As of today (2024-06-05), Euro Ressources's current stock price is $3.05. Euro Ressources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $0.75. Euro Ressources's Cyclically Adjusted PB Ratio of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Euro Ressources was 20.63. The lowest was 3.58. And the median was 6.75.


Euro Ressources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Euro Ressources'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.

Euro Ressources Cyclically Adjusted Book per Share Chart

Euro Ressources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.58 0.61 0.67 0.72

Euro Ressources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.71 0.72 0.73 0.74 0.75

Competitive Comparison of Euro Ressources's Cyclically Adjusted Book per Share

For the Gold subindustry, Euro Ressources'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.


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

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

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



Euro Ressources 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, Euro Ressources's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.678/118.2600*118.2600
=0.678

Current CPI (Sep. 2023) = 118.2600.

Euro Ressources Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.586 99.800 0.694
201403 0.706 100.240 0.833
201406 0.491 100.180 0.580
201409 0.578 99.920 0.684
201412 0.459 99.860 0.544
201503 0.499 100.170 0.589
201506 0.392 100.440 0.462
201509 0.443 99.950 0.524
201512 0.485 100.040 0.573
201603 0.551 100.020 0.651
201606 0.439 100.630 0.516
201609 0.513 100.340 0.605
201612 0.573 100.650 0.673
201703 0.697 101.170 0.815
201706 0.568 101.320 0.663
201709 0.656 101.330 0.766
201712 0.777 101.850 0.902
201803 0.817 102.750 0.940
201806 0.678 103.370 0.776
201809 0.744 103.560 0.850
201812 0.798 103.470 0.912
201903 0.873 103.890 0.994
201906 0.713 104.580 0.806
201909 0.774 104.500 0.876
201912 0.846 104.980 0.953
202003 0.928 104.590 1.049
202006 0.788 104.790 0.889
202009 0.845 104.550 0.956
202012 0.892 104.960 1.005
202103 0.931 105.750 1.041
202106 0.660 106.340 0.734
202109 0.722 106.810 0.799
202112 0.720 107.850 0.789
202203 0.779 110.490 0.834
202206 0.567 112.550 0.596
202209 0.616 112.740 0.646
202212 0.633 114.160 0.656
202303 0.738 116.790 0.747
202306 0.559 117.650 0.562
202309 0.678 118.260 0.678

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


Euro Ressources  (OTCPK:ERRSF) 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.

Euro Ressources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.05/0.75
=4.07

* 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 Euro Ressources was 20.63. The lowest was 3.58. And the median was 6.75.


Be Aware

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


Euro Ressources Cyclically Adjusted Book per Share Related Terms

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


Euro Ressources (Euro Ressources) Business Description

Traded in Other Exchanges
Address
23, Rue du Roule, Paris, FRA, 75001
Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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