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Goldsource Mines (STU:G5MA) Cyclically Adjusted Book per Share : €0.48 (As of Mar. 2024)


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What is Goldsource Mines 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.

Goldsource Mines's adjusted book value per share for the three months ended in Mar. 2024 was €0.077. 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 €0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Goldsource Mines's average Cyclically Adjusted Book Growth Rate was -12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -31.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -17.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Goldsource Mines was 4.20% per year. The lowest was -37.60% per year. And the median was -3.90% per year.

As of today (2024-06-19), Goldsource Mines's current stock price is €0.436. Goldsource Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.48. Goldsource Mines's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Goldsource Mines was 1.08. The lowest was 0.00. And the median was 0.00.


Goldsource Mines Cyclically Adjusted Book per Share Historical Data

The historical data trend for Goldsource Mines'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.

Goldsource Mines Cyclically Adjusted Book per Share Chart

Goldsource Mines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 2.18 1.39 0.96 0.53

Goldsource Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.53 0.53 0.49 0.47 0.48

Competitive Comparison of Goldsource Mines's Cyclically Adjusted Book per Share

For the Gold subindustry, Goldsource Mines'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.


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

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

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



Goldsource Mines 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, Goldsource Mines'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)
=0.077/126.2576*126.2576
=0.077

Current CPI (Mar. 2024) = 126.2576.

Goldsource Mines Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.656 98.604 0.840
201406 0.713 99.473 0.905
201409 0.707 99.394 0.898
201412 0.780 98.367 1.001
201503 0.843 99.789 1.067
201506 0.820 100.500 1.030
201509 0.762 100.421 0.958
201512 0.588 99.947 0.743
201603 0.747 101.054 0.933
201606 0.787 102.002 0.974
201609 0.799 101.765 0.991
201612 0.488 101.449 0.607
201703 0.553 102.634 0.680
201706 0.494 103.029 0.605
201709 0.470 103.345 0.574
201712 0.426 103.345 0.520
201803 0.354 105.004 0.426
201806 0.339 105.557 0.405
201809 0.315 105.636 0.376
201812 0.301 105.399 0.361
201903 0.272 106.979 0.321
201906 0.342 107.690 0.401
201909 0.312 107.611 0.366
201912 0.266 107.769 0.312
202003 0.288 107.927 0.337
202006 0.265 108.401 0.309
202009 0.239 108.164 0.279
202012 0.182 108.559 0.212
202103 0.174 110.298 0.199
202106 0.264 111.720 0.298
202109 0.230 112.905 0.257
202112 0.204 113.774 0.226
202203 0.187 117.646 0.201
202206 0.173 120.806 0.181
202209 0.162 120.648 0.170
202212 0.131 120.964 0.137
202303 0.114 122.702 0.117
202306 0.121 124.203 0.123
202309 0.111 125.230 0.112
202403 0.077 126.258 0.077

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


Goldsource Mines  (STU:G5MA) 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.

Goldsource Mines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.436/0.48
=0.91

* 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 Goldsource Mines was 1.08. 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.


Goldsource Mines Cyclically Adjusted Book per Share Related Terms

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


Goldsource Mines (STU:G5MA) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1
Goldsource Mines Inc is a Canadian resource company. It is engaged in the business segment of the acquisition, exploration, and evaluation of resource properties. The geographical segments of the group are Canada and Guyana. It has a business interest in Eagle Mountain Gold Project, located on the Eagle Mountain Property, in Guyana, South America.

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