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Tsodilo Resources (STU:TZO) Cyclically Adjusted Book per Share : €0.12 (As of Dec. 2023)


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What is Tsodilo 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.

Tsodilo Resources's adjusted book value per share for the three months ended in Dec. 2023 was €0.040. 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 €0.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tsodilo Resources's average Cyclically Adjusted Book Growth Rate was -14.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.20% 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 Tsodilo Resources was 17.00% per year. The lowest was -9.50% per year. And the median was -0.90% per year.

As of today (2024-05-24), Tsodilo Resources's current stock price is €0.168. Tsodilo Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.12. Tsodilo Resources's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsodilo Resources was 1.47. The lowest was 0.00. And the median was 0.00.


Tsodilo Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tsodilo 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.

Tsodilo Resources Cyclically Adjusted Book per Share Chart

Tsodilo 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 0.24 0.20 0.19 0.17 0.12

Tsodilo Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.17 0.22 0.13 0.12 0.12

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

For the Other Precious Metals & Mining subindustry, Tsodilo 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.


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

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

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



Tsodilo 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, Tsodilo Resources's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.04/125.0724*125.0724
=0.040

Current CPI (Dec. 2023) = 125.0724.

Tsodilo Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.281 98.604 0.356
201406 0.288 99.473 0.362
201409 0.310 99.394 0.390
201412 0.323 98.367 0.411
201503 0.353 99.789 0.442
201506 0.163 100.500 0.203
201509 0.166 100.421 0.207
201512 0.098 99.947 0.123
201603 0.087 101.054 0.108
201606 0.090 102.002 0.110
201609 0.092 101.765 0.113
201612 0.172 101.449 0.212
201703 0.166 102.634 0.202
201706 0.156 103.029 0.189
201709 0.140 103.345 0.169
201712 0.142 103.345 0.172
201803 0.141 105.004 0.168
201806 0.131 105.557 0.155
201809 0.125 105.636 0.148
201812 0.120 105.399 0.142
201903 0.122 106.979 0.143
201906 0.122 107.690 0.142
201909 0.121 107.611 0.141
201912 0.122 107.769 0.142
202003 0.099 107.927 0.115
202006 0.094 108.401 0.108
202009 0.099 108.164 0.114
202012 0.098 108.559 0.113
202103 0.105 110.298 0.119
202106 0.105 111.720 0.118
202109 0.098 112.905 0.109
202112 0.093 113.774 0.102
202203 0.097 117.646 0.103
202206 0.082 120.806 0.085
202209 0.068 120.648 0.070
202212 0.056 120.964 0.058
202303 0.054 122.702 0.055
202306 0.047 124.203 0.047
202309 0.042 125.230 0.042
202312 0.040 125.072 0.040

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


Tsodilo Resources  (STU:TZO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.168/0.12
=1.40

* 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 Tsodilo Resources was 1.47. 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.


Tsodilo Resources Cyclically Adjusted Book per Share Related Terms

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


Tsodilo Resources (STU:TZO) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2700, P.O. Box 508, Canada Trust Tower, BCE Place, Toronto, ON, CAN, M5J 2S1
Tsodilo Resources Ltd is an exploration stage company that is engaged principally in the acquisition, exploration, and development of mineral properties in the Republics of Botswana and South Africa. The company is actively reviewing additional diamond base and precious metal opportunities within Southern Africa. Its projects include Botswana Diamond, Xaudum Iron, and Idada 361, and others.

Tsodilo Resources (STU:TZO) Headlines

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