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Entree Resources (FRA:2EE) Cyclically Adjusted Book per Share : €-0.09 (As of Mar. 2025)


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What is Entree 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.

Entree Resources's adjusted book value per share for the three months ended in Mar. 2025 was €-0.310. 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 €-0.09 for the trailing ten years ended in Mar. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Entree Resources was 29.10% per year. The lowest was -46.70% per year. And the median was -2.95% per year.

As of today (2025-07-22), Entree Resources's current stock price is €1.51. Entree Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €-0.09. Entree Resources's Cyclically Adjusted PB Ratio of today is .


Entree Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Entree 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.

Entree Resources Cyclically Adjusted Book per Share Chart

Entree Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.09 0.03 -0.03 -0.08

Entree Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Mar25
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 -0.07 -0.08 -0.10 -0.09

Competitive Comparison of Entree Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Entree 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.


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

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

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


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Entree 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, Entree Resources's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.31/129.1809*129.1809
=-0.310

Current CPI (Mar. 2025) = 129.1809.

Entree Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.204 99.473 0.265
201409 0.198 99.394 0.257
201412 0.185 98.367 0.243
201503 0.189 99.789 0.245
201506 0.167 100.500 0.215
201509 0.155 100.421 0.199
201512 0.131 99.947 0.169
201603 0.130 101.054 0.166
201606 0.123 102.002 0.156
201609 0.116 101.765 0.147
201612 0.121 101.449 0.154
201703 0.127 102.634 0.160
201706 -0.118 103.029 -0.148
201709 0.000 103.345 0.000
201712 -0.119 103.345 -0.149
201803 0.000 105.004 0.000
201806 -0.118 105.557 -0.144
201809 -0.122 105.636 -0.149
201812 -0.200 105.399 -0.245
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 -0.233 107.611 -0.280
201912 -0.241 107.769 -0.289
202003 -0.232 107.927 -0.278
202006 -0.242 108.401 -0.288
202009 -0.214 108.164 -0.256
202012 -0.221 108.559 -0.263
202103 -0.235 110.298 -0.275
202106 -0.237 111.720 -0.274
202109 -0.243 112.905 -0.278
202112 -0.253 113.774 -0.287
202203 -0.257 117.646 -0.282
202206 -0.270 120.806 -0.289
202209 -0.280 120.648 -0.300
202212 -0.274 120.964 -0.293
202303 -0.278 122.702 -0.293
202306 -0.289 124.203 -0.301
202312 -0.291 125.072 -0.301
202403 -0.297 126.258 -0.304
202503 -0.310 129.181 -0.310

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


Entree Resources  (FRA:2EE) 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.


Entree Resources Cyclically Adjusted Book per Share Related Terms

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


Entree Resources Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1650, Oceanic Plaza, Vancouver, BC, CAN, V6E 3X1
Entree Resources Ltd is a Canadian mining company that owns a joint venture interest in a significant portion of the copper-gold-molybdenum deposit - the Oyu Tolgoi project in Mongolia. The company's interest in the Entree/Oyu Tolgoi joint venture has the characteristics of royalty, with the benefits of a producer. Entree's good financial position and high-quality asset portfolio provide a solid foundation and flexibility for growth.

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