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Discovery Harbour Resources (FRA:4GW0) Cyclically Adjusted Book per Share : €0.20 (As of Dec. 2024)


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What is Discovery Harbour 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.

Discovery Harbour Resources's adjusted book value per share for the three months ended in Dec. 2024 was €0.017. 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 €0.20 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Discovery Harbour Resources's average Cyclically Adjusted Book Growth Rate was -64.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.80% 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 Discovery Harbour Resources was -24.90% per year. The lowest was -37.80% per year. And the median was -31.35% per year.

As of today (2025-05-13), Discovery Harbour Resources's current stock price is €0.036. Discovery Harbour Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.20. Discovery Harbour Resources's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Discovery Harbour Resources was 0.20. The lowest was 0.00. And the median was 0.00.


Discovery Harbour Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Discovery Harbour 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.

Discovery Harbour Resources Cyclically Adjusted Book per Share Chart

Discovery Harbour Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.22 0.17 0.66 0.28

Discovery Harbour Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.57 0.46 0.39 0.28 0.20

Competitive Comparison of Discovery Harbour Resources's Cyclically Adjusted Book per Share

For the Gold subindustry, Discovery Harbour 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.


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

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

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


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Discovery Harbour 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, Discovery Harbour Resources's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.017/127.3637*127.3637
=0.017

Current CPI (Dec. 2024) = 127.3637.

Discovery Harbour Resources Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.287 99.789 4.195
201506 0.585 100.500 0.741
201509 0.546 100.421 0.692
201512 0.493 99.947 0.628
201603 0.476 101.054 0.600
201606 0.474 102.002 0.592
201609 0.043 101.765 0.054
201612 0.038 101.449 0.048
201703 0.008 102.634 0.010
201706 -0.016 103.029 -0.020
201709 -0.024 103.345 -0.030
201712 -0.040 103.345 -0.049
201803 -0.048 105.004 -0.058
201806 -0.045 105.557 -0.054
201809 0.007 105.636 0.008
201812 -0.018 105.399 -0.022
201903 0.001 106.979 0.001
201906 -0.005 107.690 -0.006
201909 -0.020 107.611 -0.024
201912 0.072 107.769 0.085
202003 0.072 107.927 0.085
202006 0.068 108.401 0.080
202009 0.206 108.164 0.243
202012 0.198 108.559 0.232
202103 0.200 110.298 0.231
202106 0.198 111.720 0.226
202109 0.192 112.905 0.217
202112 0.207 113.774 0.232
202203 0.208 117.646 0.225
202206 0.030 120.806 0.032
202209 0.024 120.648 0.025
202212 0.020 120.964 0.021
202303 0.013 122.702 0.013
202306 0.007 124.203 0.007
202309 0.025 125.230 0.025
202312 0.021 125.072 0.021
202403 0.023 126.258 0.023
202406 0.019 127.522 0.019
202409 0.018 127.285 0.018
202412 0.017 127.364 0.017

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


Discovery Harbour Resources  (FRA:4GW0) 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.

Discovery Harbour Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.036/0.20
=0.18

* 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 Discovery Harbour Resources was 0.20. 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.


Discovery Harbour Resources Cyclically Adjusted Book per Share Related Terms

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


Discovery Harbour Resources Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1188, Vancouver, BC, CAN
Discovery Harbour Resources Corp is a Canada-based company engaged in the acquisition, exploration, and evaluation mineral properties in North America. Its projects consist of Caldera property and Fortuity 89 Projects in southwestern Nevada. The company has two geographical segments: USA and Canada.

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