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Karora Resources (Karora Resources) Cyclically Adjusted Book per Share : $1.25 (As of Mar. 2024)


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What is Karora Resources 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.

Karora Resources's adjusted book value per share for the three months ended in Mar. 2024 was $1.533. 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 $1.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Karora Resources's average Cyclically Adjusted Book Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.90% 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 Karora Resources was -7.90% per year. The lowest was -8.10% per year. And the median was -8.00% per year.

As of today (2024-06-20), Karora Resources's current stock price is $4.04. Karora Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.25. Karora Resources's Cyclically Adjusted PB Ratio of today is 3.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Karora Resources was 3.76. The lowest was 0.37. And the median was 1.94.


Karora Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Karora Resources'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.

Karora Resources Cyclically Adjusted Book per Share Chart

Karora Resources 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 1.83 1.73 1.57 1.37 1.31

Karora Resources 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 1.35 1.36 1.29 1.31 1.25

Competitive Comparison of Karora Resources's Cyclically Adjusted Book per Share

For the Gold subindustry, Karora Resources'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.


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

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

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



Karora Resources 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, Karora Resources'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)
=1.533/126.2576*126.2576
=1.533

Current CPI (Mar. 2024) = 126.2576.

Karora Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.587 99.473 3.284
201409 2.457 99.394 3.121
201412 2.249 98.367 2.887
201503 2.051 99.789 2.595
201506 1.947 100.500 2.446
201509 1.743 100.421 2.191
201512 1.628 99.947 2.057
201603 1.456 101.054 1.819
201606 1.299 102.002 1.608
201609 1.165 101.765 1.445
201612 1.026 101.449 1.277
201703 0.975 102.634 1.199
201706 1.042 103.029 1.277
201709 0.950 103.345 1.161
201712 0.011 103.345 0.013
201803 -0.028 105.004 -0.034
201806 -0.011 105.557 -0.013
201809 0.099 105.636 0.118
201812 0.196 105.399 0.235
201903 0.260 106.979 0.307
201906 0.360 107.690 0.422
201909 0.446 107.611 0.523
201912 0.519 107.769 0.608
202003 0.511 107.927 0.598
202006 0.531 108.401 0.618
202009 0.822 108.164 0.960
202012 1.107 108.559 1.287
202103 1.157 110.298 1.324
202106 1.218 111.720 1.376
202109 1.244 112.905 1.391
202112 1.275 113.774 1.415
202203 1.295 117.646 1.390
202206 1.456 120.806 1.522
202209 1.425 120.648 1.491
202212 1.473 120.964 1.537
202303 1.451 122.702 1.493
202306 1.511 124.203 1.536
202309 1.503 125.230 1.515
202312 1.537 125.072 1.552
202403 1.533 126.258 1.533

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


Karora Resources  (OTCPK:KRRGF) 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.

Karora Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.04/1.25
=3.23

* 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 Karora Resources was 3.76. The lowest was 0.37. And the median was 1.94.


Be Aware

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


Karora Resources Cyclically Adjusted Book per Share Related Terms

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


Karora Resources (Karora Resources) Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1608, Toronto, ON, CAN, M5H 3L5
Karora Resources Inc is a multi-asset mineral resource company engaged in the production and exploration and evaluation activities in Australia. Its main assets are the Beta Hunt Mine; HGO toll processing and gold mining operation; and the Spargos Reward Gold Project, all of which are located in Western Australia.

Karora Resources (Karora Resources) Headlines