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First Phosphate (FRA:KD0) Cyclically Adjusted Book per Share : €0.05 (As of Nov. 2024)


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What is First Phosphate 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.

First Phosphate's adjusted book value per share for the three months ended in Nov. 2024 was €0.044. 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 €0.05 for the trailing ten years ended in Nov. 2024.

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 (2025-05-28), First Phosphate's current stock price is €0.212. First Phosphate's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was €0.05. First Phosphate's Cyclically Adjusted PB Ratio of today is 4.24.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of First Phosphate was 4.09. The lowest was 0.00. And the median was 0.00.


First Phosphate Cyclically Adjusted Book per Share Historical Data

The historical data trend for First Phosphate'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.

First Phosphate Cyclically Adjusted Book per Share Chart

First Phosphate Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
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First Phosphate Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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

Competitive Comparison of First Phosphate's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


First Phosphate's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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First Phosphate 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, First Phosphate's adjusted Book Value per Share data for the three months ended in Nov. 2024 was:

Adj_Book= Book Value per Share /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=0.044/127.8378*127.8378
=0.044

Current CPI (Nov. 2024) = 127.8378.

First Phosphate Quarterly Data

Book Value per Share CPI Adj_Book
200802 0.023 88.649 0.033
200902 0.015 89.913 0.021
200905 0.005 90.624 0.007
200908 0.041 90.624 0.058
200911 0.038 91.019 0.053
201002 0.351 91.335 0.491
201008 0.000 92.204 0.000
201011 0.000 92.836 0.000
201102 0.069 93.311 0.095
201105 0.000 95.286 0.000
201108 0.072 95.049 0.097
201111 0.077 95.523 0.103
201202 0.067 95.760 0.089
201205 0.066 96.471 0.087
201208 0.064 96.234 0.085
201211 0.062 96.313 0.082
201902 0.000 106.268 0.000
201905 0.000 107.927 0.000
201908 0.000 108.085 0.000
201911 0.000 107.769 0.000
202002 0.000 108.559 0.000
202005 0.000 107.532 0.000
202008 0.000 108.243 0.000
202011 0.000 108.796 0.000
202102 0.000 109.745 0.000
202105 0.000 111.404 0.000
202108 -0.053 112.668 -0.060
202111 -0.067 113.932 -0.075
202202 -0.085 115.986 -0.094
202205 -0.164 120.016 -0.175
202208 0.057 120.569 0.060
202211 0.053 121.675 0.056
202302 0.078 122.070 0.082
202305 0.072 124.045 0.074
202308 0.058 125.389 0.059
202311 0.056 125.468 0.057
202402 0.087 125.468 0.089
202405 0.054 127.601 0.054
202408 0.054 127.838 0.054
202411 0.044 127.838 0.044

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


First Phosphate  (FRA:KD0) 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.

First Phosphate's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.212/0.05
=4.24

* 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 11 years, the highest Cyclically Adjusted PB Ratio of First Phosphate was 4.09. 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.


First Phosphate Cyclically Adjusted Book per Share Related Terms

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


First Phosphate Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material (CAM) for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.

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