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Golden Queen Mining Consolidated (FRA:5GQA) Cyclically Adjusted Book per Share : €0.00 (As of Sep. 2019)


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What is Golden Queen Mining Consolidated 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.

Golden Queen Mining Consolidated's adjusted book value per share for the three months ended in Sep. 2019 was €0.290. 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 Sep. 2019.

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 (2024-06-10), Golden Queen Mining Consolidated's current stock price is €0.11. Golden Queen Mining Consolidated's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 was €0.00. Golden Queen Mining Consolidated's Cyclically Adjusted PB Ratio of today is .


Golden Queen Mining Consolidated Cyclically Adjusted Book per Share Historical Data

The historical data trend for Golden Queen Mining Consolidated'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.

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Golden Queen Mining Consolidated Cyclically Adjusted Book per Share Chart

Golden Queen Mining Consolidated Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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Golden Queen Mining Consolidated Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Golden Queen Mining Consolidated's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Golden Queen Mining Consolidated'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.


Golden Queen Mining Consolidated's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Queen Mining Consolidated's Cyclically Adjusted PB Ratio falls into.



Golden Queen Mining Consolidated 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, Golden Queen Mining Consolidated's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book= Book Value per Share /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.29/107.6113*107.6113
=0.290

Current CPI (Sep. 2019) = 107.6113.

Golden Queen Mining Consolidated Quarterly Data

Book Value per Share CPI Adj_Book
200912 0.181 90.703 0.215
201003 0.182 91.335 0.214
201006 0.690 91.809 0.809
201009 0.056 92.362 0.065
201012 -0.242 92.836 -0.281
201103 -0.251 94.338 -0.286
201106 -0.130 94.654 -0.148
201109 -0.195 95.286 -0.220
201112 -4.100 94.970 -4.646
201203 0.224 96.155 0.251
201206 0.250 96.076 0.280
201209 0.112 96.392 0.125
201212 -4.199 95.760 -4.719
201303 0.186 97.103 0.206
201306 0.289 97.182 0.320
201309 -4.027 97.419 -4.448
201312 0.416 96.945 0.462
201403 -4.191 98.604 -4.574
201406 -4.304 99.473 -4.656
201409 -1.379 99.394 -1.493
201412 2.339 98.367 2.559
201503 3.637 99.789 3.922
201506 3.396 100.500 3.636
201509 3.253 100.421 3.486
201512 2.215 99.947 2.385
201603 1.439 101.054 1.532
201606 1.256 102.002 1.325
201609 1.929 101.765 2.040
201612 2.120 101.449 2.249
201703 1.911 102.634 2.004
201706 1.893 103.029 1.977
201709 1.658 103.345 1.726
201712 1.826 103.345 1.901
201803 1.229 105.004 1.260
201806 1.280 105.557 1.305
201809 1.214 105.636 1.237
201812 1.289 105.399 1.316
201903 1.231 106.979 1.238
201906 0.333 107.690 0.333
201909 0.290 107.611 0.290

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


Golden Queen Mining Consolidated  (FRA:5GQA) 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.


Golden Queen Mining Consolidated Cyclically Adjusted Book per Share Related Terms

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


Golden Queen Mining Consolidated (FRA:5GQA) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 880, Vancouver, BC, CAN, V6C 3B6
Golden Queen Mining Consolidated Ltd, formerly Golden Queen Mining Co Ltd is a Canada based company engaged in exploration of minerals. The company holds interests in Soledad Mountain Mine located in the Mojave Mining District, Kern County, California. The Mine uses conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore.

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