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SRCGF (Homeland Nickel) Cyclically Adjusted Book per Share : $0.03 (As of Jan. 2025)


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What is Homeland Nickel 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.

Homeland Nickel's adjusted book value per share for the three months ended in Jan. 2025 was $0.031. 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 $0.03 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Homeland Nickel's average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -9.30% 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 Homeland Nickel was 6.30% per year. The lowest was -20.60% per year. And the median was -8.25% per year.

As of today (2025-05-18), Homeland Nickel's current stock price is $0.0326. Homeland Nickel's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $0.03. Homeland Nickel's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Homeland Nickel was 0.61. The lowest was 0.00. And the median was 0.00.


Homeland Nickel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Homeland Nickel'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.

Homeland Nickel Cyclically Adjusted Book per Share Chart

Homeland Nickel Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.01 0.04

Homeland Nickel Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.04 0.05 0.05 0.03

Competitive Comparison of Homeland Nickel's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Homeland Nickel'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.


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

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

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


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Homeland Nickel 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, Homeland Nickel's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.031/127.4427*127.4427
=0.031

Current CPI (Jan. 2025) = 127.4427.

Homeland Nickel Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.013 99.710 0.017
201507 0.012 100.579 0.015
201510 0.014 100.500 0.018
201601 0.011 100.184 0.014
201604 0.010 101.370 0.013
201607 0.010 101.844 0.013
201610 0.011 102.002 0.014
201701 0.010 102.318 0.012
201704 0.011 103.029 0.014
201707 0.011 103.029 0.014
201710 0.010 103.424 0.012
201801 0.010 104.056 0.012
201804 0.009 105.320 0.011
201807 0.013 106.110 0.016
201810 0.014 105.952 0.017
201901 0.011 105.557 0.013
201904 0.011 107.453 0.013
201907 0.012 108.243 0.014
201910 0.011 107.927 0.013
202001 0.011 108.085 0.013
202004 0.072 107.216 0.086
202007 0.153 108.401 0.180
202010 0.111 108.638 0.130
202101 0.127 109.192 0.148
202104 0.167 110.851 0.192
202107 0.162 112.431 0.184
202110 0.133 113.695 0.149
202201 0.093 114.801 0.103
202204 0.071 118.357 0.076
202207 0.049 120.964 0.052
202210 0.045 121.517 0.047
202301 0.051 121.596 0.053
202304 0.043 123.571 0.044
202307 0.038 124.914 0.039
202310 0.036 125.310 0.037
202401 0.047 125.072 0.048
202404 0.044 126.890 0.044
202407 0.042 128.075 0.042
202410 0.035 127.838 0.035
202501 0.031 127.443 0.031

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


Homeland Nickel  (OTCPK:SRCGF) 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.

Homeland Nickel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0326/0.03
=1.09

* 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 Homeland Nickel was 0.61. 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.


Homeland Nickel Cyclically Adjusted Book per Share Related Terms

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


Homeland Nickel Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Homeland Nickel Inc is a Canadian-based mineral exploration company focused on critical metal resources with nickel projects in Oregon, United States, and copper projects in Newfoundland, Canada. Its projects are Cleopatra, Red Flat, Eight Dollar Mountain, Shamrock, and Benton option.

Homeland Nickel Headlines

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