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Trailbreaker Resources (STU:KCG2) Cyclically Adjusted Book per Share : €0.44 (As of Mar. 2024)


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What is Trailbreaker 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.

Trailbreaker Resources's adjusted book value per share for the three months ended in Mar. 2024 was €0.066. 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 €0.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trailbreaker Resources's average Cyclically Adjusted Book Growth Rate was -21.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -21.20% per year. During the past 5 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 Trailbreaker Resources was 53.50% per year. The lowest was -37.00% per year. And the median was -18.00% per year.

As of today (2024-06-09), Trailbreaker Resources's current stock price is €0.193. Trailbreaker Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.44. Trailbreaker Resources's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Trailbreaker Resources was 4.05. The lowest was 0.06. And the median was 0.78.


Trailbreaker Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Trailbreaker 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.

Trailbreaker Resources Cyclically Adjusted Book per Share Chart

Trailbreaker 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 0.65 1.82 2.68 4.18 0.67

Trailbreaker 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 3.36 1.26 1.28 0.67 0.44

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

For the Gold subindustry, Trailbreaker 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.


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

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

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



Trailbreaker 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, Trailbreaker 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)
=0.066/126.2576*126.2576
=0.066

Current CPI (Mar. 2024) = 126.2576.

Trailbreaker Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.452 99.473 1.843
201409 1.443 99.394 1.833
201412 1.230 98.367 1.579
201503 1.135 99.789 1.436
201506 1.106 100.500 1.389
201509 0.946 100.421 1.189
201512 0.913 99.947 1.153
201603 1.161 101.054 1.451
201606 1.190 102.002 1.473
201609 1.232 101.765 1.529
201612 1.125 101.449 1.400
201703 1.071 102.634 1.318
201706 1.375 103.029 1.685
201709 1.392 103.345 1.701
201712 1.352 103.345 1.652
201803 1.269 105.004 1.526
201806 1.307 105.557 1.563
201809 1.081 105.636 1.292
201812 1.031 105.399 1.235
201903 1.035 106.979 1.222
201906 1.035 107.690 1.213
201909 1.060 107.611 1.244
201912 0.884 107.769 1.036
202003 0.786 107.927 0.919
202006 0.790 108.401 0.920
202009 0.774 108.164 0.903
202012 0.255 108.559 0.297
202103 0.252 110.298 0.288
202106 0.248 111.720 0.280
202109 0.236 112.905 0.264
202112 0.270 113.774 0.300
202203 0.269 117.646 0.289
202206 0.265 120.806 0.277
202209 0.287 120.648 0.300
202212 0.252 120.964 0.263
202303 0.184 122.702 0.189
202306 0.155 124.203 0.158
202309 0.121 125.230 0.122
202312 0.071 125.072 0.072
202403 0.066 126.258 0.066

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


Trailbreaker Resources  (STU:KCG2) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.193/0.44
=0.44

* 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 Trailbreaker Resources was 4.05. The lowest was 0.06. And the median was 0.78.


Be Aware

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


Trailbreaker Resources Cyclically Adjusted Book per Share Related Terms

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


Trailbreaker Resources (STU:KCG2) Business Description

Traded in Other Exchanges
Address
650 West Georgia Street, Suite 2110, Vancouver, BC, CAN, V6B 4N9
Trailbreaker Resources Ltd is a mineral exploration company focusing on acquiring and developing exploration and evaluation assets. Its 100%-owned flagship Plateau Property is located in the Yukon Territory. The other properties of the company are McMurdo and Skelly, among others.

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