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Omineca Mining and Metals (Omineca Mining and Metals) Cyclically Adjusted Book per Share : $0.01 (As of Dec. 2023)


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What is Omineca Mining and 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.

Omineca Mining and Metals's adjusted book value per share for the three months ended in Dec. 2023 was $0.027. 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 12 months, Omineca Mining and Metals's average Cyclically Adjusted Book Growth Rate was -50.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -41.50% 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 Omineca Mining and Metals was -41.50% per year. The lowest was -41.50% per year. And the median was -41.50% per year.

As of today (2024-06-03), Omineca Mining and Metals's current stock price is $0.073. Omineca Mining and Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.01. Omineca Mining and Metals's Cyclically Adjusted PB Ratio of today is 7.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Omineca Mining and Metals was 8.69. The lowest was 0.00. And the median was 0.00.


Omineca Mining and Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Omineca Mining and 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.

Omineca Mining and Metals Cyclically Adjusted Book per Share Chart

Omineca Mining and 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 - 0.04 0.03 0.01 0.01

Omineca Mining and Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.02 0.01 0.02 0.01 0.01

Competitive Comparison of Omineca Mining and Metals's Cyclically Adjusted Book per Share

For the Gold subindustry, Omineca Mining and 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.


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

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

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



Omineca Mining and 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, Omineca Mining and Metals'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)
=0.027/125.0724*125.0724
=0.027

Current CPI (Dec. 2023) = 125.0724.

Omineca Mining and Metals Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.030 96.945 0.039
201403 0.027 98.604 0.034
201406 0.027 99.473 0.034
201409 0.025 99.394 0.031
201412 0.016 98.367 0.020
201503 0.014 99.789 0.018
201506 0.012 100.500 0.015
201509 0.009 100.421 0.011
201512 0.006 99.947 0.008
201603 0.005 101.054 0.006
201606 0.003 102.002 0.004
201609 0.005 101.765 0.006
201612 0.002 101.449 0.002
201703 0.000 102.634 0.000
201706 -0.002 103.029 -0.002
201709 -0.005 103.345 -0.006
201712 -0.007 103.345 -0.008
201803 -0.009 105.004 -0.011
201806 -0.012 105.557 -0.014
201809 -0.015 105.636 -0.018
201812 -0.018 105.399 -0.021
201903 -0.019 106.979 -0.022
201906 -0.013 107.690 -0.015
201909 -0.013 107.611 -0.015
201912 -0.014 107.769 -0.016
202003 -0.014 107.927 -0.016
202006 -0.002 108.401 -0.002
202009 0.000 108.164 0.000
202012 0.030 108.559 0.035
202103 0.029 110.298 0.033
202106 0.032 111.720 0.036
202109 0.030 112.905 0.033
202112 0.036 113.774 0.040
202203 0.034 117.646 0.036
202206 0.031 120.806 0.032
202209 0.027 120.648 0.028
202212 0.026 120.964 0.027
202303 0.032 122.702 0.033
202309 0.028 125.230 0.028
202312 0.027 125.072 0.027

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


Omineca Mining and Metals  (OTCPK:OMMSF) 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.

Omineca Mining and Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.073/0.01
=7.30

* 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 Omineca Mining and Metals was 8.69. 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.


Omineca Mining and Metals Cyclically Adjusted Book per Share Related Terms

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


Omineca Mining and Metals (Omineca Mining and Metals) Business Description

Traded in Other Exchanges
Address
224-4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Omineca Mining and Metals Ltd is a junior gold company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. Its exploration and evaluation properties are classified into two geographical locations, namely British Columbia and the Yukon. The company's properties include the Fraser Canyon, Mouse Mountain, Wingdam and others.

Omineca Mining and Metals (Omineca Mining and Metals) Headlines