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Progressive Planet Solutions (FRA:ARB3) Cyclically Adjusted Book per Share : €0.03 (As of Jan. 2024)


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What is Progressive Planet Solutions 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.

Progressive Planet Solutions's adjusted book value per share for the three months ended in Jan. 2024 was €0.079. 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 €0.03 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Progressive Planet Solutions's average Cyclically Adjusted Book Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -70.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -57.00% 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 Progressive Planet Solutions was -31.40% per year. The lowest was -70.00% per year. And the median was -44.35% per year.

As of today (2024-05-16), Progressive Planet Solutions's current stock price is €0.0615. Progressive Planet Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €0.03. Progressive Planet Solutions's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Progressive Planet Solutions was 6.00. The lowest was 0.77. And the median was 3.57.


Progressive Planet Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Cyclically Adjusted Book per Share Chart

Progressive Planet Solutions Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 0.86 1.09 0.22 0.05

Progressive Planet Solutions Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.04 0.05 0.03 0.02 0.03

Competitive Comparison of Progressive Planet Solutions's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.


Progressive Planet Solutions's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's Cyclically Adjusted PB Ratio falls into.



Progressive Planet Solutions 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, Progressive Planet Solutions's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.079/125.4675*125.4675
=0.079

Current CPI (Jan. 2024) = 125.4675.

Progressive Planet Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.103 98.920 -0.131
201407 -0.137 99.315 -0.173
201410 -0.243 99.473 -0.307
201501 -0.246 98.209 -0.314
201504 -0.177 99.710 -0.223
201507 -0.209 100.579 -0.261
201510 -0.185 100.500 -0.231
201601 -0.102 100.184 -0.128
201604 -0.088 101.370 -0.109
201607 0.122 101.844 0.150
201610 0.138 102.002 0.170
201701 0.133 102.318 0.163
201704 0.145 103.029 0.177
201707 0.140 103.029 0.170
201710 0.131 103.424 0.159
201801 0.122 104.056 0.147
201804 0.113 105.320 0.135
201807 0.109 106.110 0.129
201810 0.093 105.952 0.110
201901 0.084 105.557 0.100
201904 0.081 107.453 0.095
201907 0.077 108.243 0.089
201910 0.071 107.927 0.083
202001 0.062 108.085 0.072
202004 0.035 107.216 0.041
202007 0.019 108.401 0.022
202010 0.019 108.638 0.022
202101 0.028 109.192 0.032
202104 0.040 110.851 0.045
202107 0.036 112.431 0.040
202110 0.038 113.695 0.042
202201 0.032 114.801 0.035
202204 0.082 118.357 0.087
202207 0.091 120.964 0.094
202210 0.091 121.517 0.094
202301 0.083 121.596 0.086
202304 0.078 123.571 0.079
202307 0.078 124.914 0.078
202310 0.078 125.310 0.078
202401 0.079 125.468 0.079

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


Progressive Planet Solutions  (FRA:ARB3) 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.

Progressive Planet Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0615/0.03
=2.05

* 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 Progressive Planet Solutions was 6.00. The lowest was 0.77. And the median was 3.57.


Be Aware

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


Progressive Planet Solutions Cyclically Adjusted Book per Share Related Terms

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


Progressive Planet Solutions (FRA:ARB3) Business Description

Traded in Other Exchanges
Address
724 East Sarcee Street, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a leader in supplying solutions for a livable planet by developing low-carbon, pozzolan-based, cementing products that replace equivalent amounts of Portland Cement and fly ash in concrete. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia, and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC, and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and U.S. markets.

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