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Contango Ore (FRA:F85) Cyclically Adjusted Book per Share : €1.51 (As of Mar. 2024)


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What is Contango Ore 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.

Contango Ore's adjusted book value per share for the three months ended in Mar. 2024 was €-3.259. 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 €1.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Contango Ore's average Cyclically Adjusted Book Growth Rate was -15.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Contango Ore was 5.50% per year. The lowest was 5.50% per year. And the median was 5.50% per year.

As of today (2024-06-19), Contango Ore's current stock price is €17.30. Contango Ore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.51. Contango Ore's Cyclically Adjusted PB Ratio of today is 11.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Contango Ore was 14.85. The lowest was 0.00. And the median was 0.00.


Contango Ore Cyclically Adjusted Book per Share Historical Data

The historical data trend for Contango Ore'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.

Contango Ore Cyclically Adjusted Book per Share Chart

Contango Ore Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
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Contango Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 1.51

Competitive Comparison of Contango Ore's Cyclically Adjusted Book per Share

For the Gold subindustry, Contango Ore'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.


Contango Ore's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Contango Ore 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, Contango Ore's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.259/131.7762*131.7762
=-3.259

Current CPI (Mar. 2024) = 131.7762.

Contango Ore Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.927 100.560 1.215
201409 0.801 100.428 1.051
201412 0.732 99.070 0.974
201503 0.808 99.621 1.069
201506 0.439 100.684 0.575
201509 0.384 100.392 0.504
201512 0.351 99.792 0.463
201603 0.317 100.470 0.416
201606 0.270 101.688 0.350
201609 0.191 101.861 0.247
201612 1.107 101.863 1.432
201703 1.072 102.862 1.373
201706 0.946 103.349 1.206
201709 0.827 104.136 1.047
201712 2.237 104.011 2.834
201803 2.220 105.290 2.778
201806 1.907 106.317 2.364
201809 1.606 106.507 1.987
201812 1.448 105.998 1.800
201903 1.359 107.251 1.670
201906 1.162 108.070 1.417
201909 1.033 108.329 1.257
201912 0.716 108.420 0.870
202003 0.505 108.902 0.611
202006 0.270 108.767 0.327
202009 4.398 109.815 5.278
202012 3.824 109.897 4.585
202103 3.338 111.754 3.936
202106 4.296 114.631 4.939
202109 3.936 115.734 4.482
202112 3.545 117.630 3.971
202203 2.569 121.301 2.791
202206 1.855 125.017 1.955
202209 1.056 125.227 1.111
202212 -0.103 125.222 -0.108
202303 -0.732 127.348 -0.757
202306 -0.566 128.729 -0.579
202309 1.101 129.860 1.117
202312 -1.411 129.419 -1.437
202403 -3.259 131.776 -3.259

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


Contango Ore  (FRA:F85) 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.

Contango Ore's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.30/1.51
=11.46

* 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 Contango Ore was 14.85. 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.


Contango Ore Cyclically Adjusted Book per Share Related Terms

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


Contango Ore (FRA:F85) Business Description

Industry
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Traded in Other Exchanges
Address
3700 Buffalo Speedway, Suite 925, Houston, TX, USA, 77098
Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.

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