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GT Resources (GT Resources) Cyclically Adjusted Book per Share : $-0.01 (As of Dec. 2023)


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What is GT 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.

GT Resources's adjusted book value per share for the three months ended in Dec. 2023 was $0.022. 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 $-0.01 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 37.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 GT Resources was 37.00% per year. The lowest was -44.20% per year. And the median was 20.60% per year.

As of today (2024-05-17), GT Resources's current stock price is $0.0291. GT Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-0.01. GT Resources's Cyclically Adjusted PB Ratio of today is .


GT Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for GT 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.

GT Resources Cyclically Adjusted Book per Share Chart

GT Resources Annual Data
Trend Jun14 Jun15 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 -0.03 -0.03 -0.02 -0.01 -0.01

GT Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 -0.01 -0.01 -0.01 -0.01

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

For the Other Industrial Metals & Mining subindustry, GT 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.


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

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

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



GT 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, GT Resources's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.022/125.0724*125.0724
=0.022

Current CPI (Dec. 2023) = 125.0724.

GT Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.059 98.604 -0.075
201406 -0.087 99.473 -0.109
201409 -0.088 99.394 -0.111
201412 -0.087 98.367 -0.111
201503 -0.083 99.789 -0.104
201506 -0.123 100.500 -0.153
201509 -0.111 100.421 -0.138
201512 -0.117 99.947 -0.146
201603 0.004 101.054 0.005
201606 -0.005 102.002 -0.006
201609 -0.008 101.765 -0.010
201612 -0.003 101.449 -0.004
201703 -0.011 102.634 -0.013
201706 -0.002 103.029 -0.002
201709 -0.005 103.345 -0.006
201712 -0.010 103.345 -0.012
201803 0.014 105.004 0.017
201806 0.012 105.557 0.014
201809 0.002 105.636 0.002
201812 -0.013 105.399 -0.015
201903 -0.011 106.979 -0.013
201906 0.012 107.690 0.014
201909 0.008 107.611 0.009
201912 0.025 107.769 0.029
202003 0.016 107.927 0.019
202006 0.018 108.401 0.021
202009 0.013 108.164 0.015
202012 0.029 108.559 0.033
202103 0.060 110.298 0.068
202106 0.053 111.720 0.059
202109 0.042 112.905 0.047
202112 0.042 113.774 0.046
202203 0.037 117.646 0.039
202206 0.030 120.806 0.031
202209 0.023 120.648 0.024
202212 0.023 120.964 0.024
202303 0.020 122.702 0.020
202306 0.028 124.203 0.028
202309 0.024 125.230 0.024
202312 0.022 125.072 0.022

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


GT Resources  (OTCPK:CGTRF) 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.


Be Aware

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


GT Resources Cyclically Adjusted Book per Share Related Terms

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


GT Resources (GT Resources) Business Description

Traded in Other Exchanges
Address
88 Scott Street, Suite 3704, Toronto, ON, CAN, M5E 0A9
Palladium One Mining Inc is a palladium-dominant, PGE, nickel, copper exploration and development company. Its assets consist of the Lantinen Koillismaa and Kostonjarvi PGE-Cu-Ni projects, located in north-central Finland and the Tyko Ni-Cu-PGE and Disraeli PGE-Ni-Cu properties in Ontario, Canada. LK is targeting disseminated sulphide along 38 kilometers of favorable basal contact. The KS project is targeting massive sulphide within a 20,000-hectare land package covering a regional scale gravity and magnetic geophysical anomaly. Tyko is a 13,000-hectare project targeting disseminated and massive sulphide in a highly metamorphosed Archean terrain. Disraeli is a 2,500-hectare project targeting PGE-rich disseminated and massive sulphide in a highly productive Proterozoic mid-continent rift.