GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zincx Resources Corp (STU:M9R) » Definitions » Cyclically Adjusted Book per Share

Zincx Resources (STU:M9R) Cyclically Adjusted Book per Share : €0.30 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Zincx 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.

Zincx Resources's adjusted book value per share for the three months ended in Mar. 2024 was €0.087. 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 €0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zincx Resources's average Cyclically Adjusted Book Growth Rate was -7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 Zincx Resources was 8.30% per year. The lowest was -6.80% per year. And the median was -0.90% per year.

As of today (2024-06-23), Zincx Resources's current stock price is €0.056. Zincx Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.30. Zincx Resources's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zincx Resources was 0.24. The lowest was 0.00. And the median was 0.00.


Zincx Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zincx 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.

Zincx Resources Cyclically Adjusted Book per Share Chart

Zincx Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.34 0.35 0.41 0.35

Zincx 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 0.35 0.35 0.33 0.35 0.30

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

For the Other Industrial Metals & Mining subindustry, Zincx 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.


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

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

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



Zincx 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, Zincx 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)
=0.087/126.2576*126.2576
=0.087

Current CPI (Mar. 2024) = 126.2576.

Zincx Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.349 99.473 0.443
201409 0.359 99.394 0.456
201412 0.356 98.367 0.457
201503 0.369 99.789 0.467
201506 0.363 100.500 0.456
201509 0.337 100.421 0.424
201512 0.335 99.947 0.423
201603 0.338 101.054 0.422
201606 0.342 102.002 0.423
201609 0.334 101.765 0.414
201612 0.343 101.449 0.427
201703 0.336 102.634 0.413
201706 0.319 103.029 0.391
201709 0.324 103.345 0.396
201712 0.310 103.345 0.379
201803 0.293 105.004 0.352
201806 0.303 105.557 0.362
201809 0.303 105.636 0.362
201812 0.298 105.399 0.357
201903 0.300 106.979 0.354
201906 0.301 107.690 0.353
201909 0.310 107.611 0.364
201912 0.306 107.769 0.358
202003 0.289 107.927 0.338
202006 0.291 108.401 0.339
202009 0.284 108.164 0.332
202012 0.284 108.559 0.330
202103 0.295 110.298 0.338
202106 0.292 111.720 0.330
202109 0.287 112.905 0.321
202112 0.295 113.774 0.327
202203 0.305 117.646 0.327
202206 0.100 120.806 0.105
202209 0.321 120.648 0.336
202212 0.294 120.964 0.307
202303 0.289 122.702 0.297
202306 0.091 124.203 0.093
202309 0.090 125.230 0.091
202312 0.088 125.072 0.089
202403 0.087 126.258 0.087

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


Zincx Resources  (STU:M9R) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.056/0.3
=0.19

* 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 Zincx Resources was 0.24. 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.


Zincx Resources Cyclically Adjusted Book per Share Related Terms

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


Zincx Resources (STU:M9R) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2050, PO Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3
Zincx Resources Corp is a mineral exploration company. The firm is engaged in the exploration and evaluation of resource properties in Canada. Its properties include Akie Property and Kechika Regional project in British Columbia. The company operates within Canada.

Zincx Resources (STU:M9R) Headlines

No Headlines