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Montauk Metals (Montauk Metals) Cyclically Adjusted Book per Share : $0.04 (As of Mar. 2024)


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What is Montauk Metals 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.

Montauk Metals's adjusted book value per share for the three months ended in Mar. 2024 was $-0.018. 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 $0.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Montauk Metals's average Cyclically Adjusted Book Growth Rate was -16.00% 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.

As of today (2024-06-21), Montauk Metals's current stock price is $0.0169. Montauk Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.04. Montauk Metals's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Montauk Metals was 0.34. The lowest was 0.00. And the median was 0.00.


Montauk Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Montauk Metals'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.

Montauk Metals Cyclically Adjusted Book per Share Chart

Montauk Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.17 0.14

Montauk Metals 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 0.17 0.16 0.17 0.14 0.04

Competitive Comparison of Montauk Metals's Cyclically Adjusted Book per Share

For the Gold subindustry, Montauk Metals'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.


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

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

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



Montauk Metals 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, Montauk Metals'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)
=-0.018/126.2576*126.2576
=-0.018

Current CPI (Mar. 2024) = 126.2576.

Montauk Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.305 99.473 0.387
201409 0.290 99.394 0.368
201412 0.285 98.367 0.366
201503 0.277 99.789 0.350
201506 0.270 100.500 0.339
201509 0.263 100.421 0.331
201512 0.234 99.947 0.296
201603 0.227 101.054 0.284
201606 0.221 102.002 0.274
201609 0.213 101.765 0.264
201612 0.207 101.449 0.258
201703 0.200 102.634 0.246
201706 0.194 103.029 0.238
201709 0.188 103.345 0.230
201712 0.182 103.345 0.222
201803 0.173 105.004 0.208
201806 0.167 105.557 0.200
201809 0.161 105.636 0.192
201812 0.154 105.399 0.184
201903 0.147 106.979 0.173
201906 0.137 107.690 0.161
201909 0.130 107.611 0.153
201912 0.122 107.769 0.143
202003 0.113 107.927 0.132
202006 0.109 108.401 0.127
202009 0.096 108.164 0.112
202012 0.082 108.559 0.095
202103 0.075 110.298 0.086
202106 0.060 111.720 0.068
202109 0.053 112.905 0.059
202112 0.048 113.774 0.053
202203 0.042 117.646 0.045
202206 0.023 120.806 0.024
202209 0.016 120.648 0.017
202212 0.005 120.964 0.005
202303 0.002 122.702 0.002
202306 -0.002 124.203 -0.002
202309 -0.010 125.230 -0.010
202312 -0.017 125.072 -0.017
202403 -0.018 126.258 -0.018

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


Montauk Metals  (OTCPK:GAYGF) 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.

Montauk Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0169/0.04
=0.42

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Montauk Metals was 0.34. 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.


Montauk Metals Cyclically Adjusted Book per Share Related Terms

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


Montauk Metals (Montauk Metals) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Montauk Metals Inc Formerly Galway Gold Inc is an exploration-stage company. It is engaged in the acquisition, exploration, and development of mineral resource properties. The company's mineral property is the Vetas Project.