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Orezone Gold (STU:OEX) Cyclically Adjusted Book per Share : €0.19 (As of Mar. 2025)


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What is Orezone Gold 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.

Orezone Gold's adjusted book value per share for the three months ended in Mar. 2025 was €0.549. 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 €0.19 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Orezone Gold's average Cyclically Adjusted Book Growth Rate was 29.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -17.80% 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 Orezone Gold was 28.50% per year. The lowest was -34.70% per year. And the median was -1.40% per year.

As of today (2025-05-23), Orezone Gold's current stock price is €0.734. Orezone Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.19. Orezone Gold's Cyclically Adjusted PB Ratio of today is 3.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orezone Gold was 7.95. The lowest was 2.26. And the median was 3.57.


Orezone Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orezone Gold'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.

Orezone Gold Cyclically Adjusted Book per Share Chart

Orezone Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.14 0.13 0.16 0.17

Orezone Gold Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.15 0.17 0.17 0.17 0.19

Competitive Comparison of Orezone Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Orezone Gold'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.


Orezone Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Orezone Gold 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, Orezone Gold's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.549/129.1809*129.1809
=0.549

Current CPI (Mar. 2025) = 129.1809.

Orezone Gold Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.018 100.500 0.023
201509 0.039 100.421 0.050
201512 0.027 99.947 0.035
201603 0.048 101.054 0.061
201606 0.036 102.002 0.046
201609 0.133 101.765 0.169
201612 0.157 101.449 0.200
201703 0.113 102.634 0.142
201706 0.095 103.029 0.119
201709 0.089 103.345 0.111
201712 0.110 103.345 0.138
201803 0.058 105.004 0.071
201806 0.168 105.557 0.206
201809 0.161 105.636 0.197
201812 0.162 105.399 0.199
201903 0.153 106.979 0.185
201906 0.135 107.690 0.162
201909 0.114 107.611 0.137
201912 0.088 107.769 0.105
202003 0.099 107.927 0.118
202006 0.093 108.401 0.111
202009 0.079 108.164 0.094
202012 0.064 108.559 0.076
202103 0.191 110.298 0.224
202106 0.185 111.720 0.214
202109 0.167 112.905 0.191
202112 0.175 113.774 0.199
202203 0.169 117.646 0.186
202206 0.201 120.806 0.215
202209 0.218 120.648 0.233
202212 0.222 120.964 0.237
202303 0.322 122.702 0.339
202306 0.349 124.203 0.363
202309 0.369 125.230 0.381
202312 0.374 125.072 0.386
202403 0.407 126.258 0.416
202406 0.435 127.522 0.441
202409 0.440 127.285 0.447
202412 0.528 127.364 0.536
202503 0.549 129.181 0.549

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


Orezone Gold  (STU:OEX) 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.

Orezone Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.734/0.19
=3.86

* 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 Orezone Gold was 7.95. The lowest was 2.26. And the median was 3.57.


Be Aware

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


Orezone Gold Cyclically Adjusted Book per Share Related Terms

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


Orezone Gold Business Description

Industry
Traded in Other Exchanges
Address
505 Burrard Street, Suite 450, Bentall Tower 1, Vancouver, BC, CAN, V7X 1M3
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation, and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties.

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