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Discovery Silver (TSX:DSV) Cyclically Adjusted Book per Share : C$-1.23 (As of Mar. 2024)


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What is Discovery Silver 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.

Discovery Silver's adjusted book value per share for the three months ended in Mar. 2024 was C$0.331. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-1.23 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -21.90% 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 Discovery Silver was 19.20% per year. The lowest was -177.50% per year. And the median was -16.90% per year.

As of today (2024-05-23), Discovery Silver's current stock price is C$1.23. Discovery Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$-1.23. Discovery Silver's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Discovery Silver was 37.86. The lowest was 0.14. And the median was 7.14.


Discovery Silver Cyclically Adjusted Book per Share Historical Data

The historical data trend for Discovery Silver'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.

Discovery Silver Cyclically Adjusted Book per Share Chart

Discovery Silver Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.79 -2.65 -2.41 -1.97 -1.40

Discovery Silver 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 -1.84 -1.69 -1.54 -1.40 -1.23

Competitive Comparison of Discovery Silver's Cyclically Adjusted Book per Share

For the Silver subindustry, Discovery Silver'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.


Discovery Silver's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Discovery Silver 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, Discovery Silver'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)
=0.331/126.2576*126.2576
=0.331

Current CPI (Mar. 2024) = 126.2576.

Discovery Silver Quarterly Data

Book Value per Share CPI Adj_Book
201402 -5.334 98.051 -6.868
201405 -4.516 99.394 -5.737
201408 -4.008 99.315 -5.095
201411 -4.109 99.078 -5.236
201502 -4.213 99.078 -5.369
201505 -4.320 100.263 -5.440
201508 -4.462 100.579 -5.601
201511 -4.571 100.421 -5.747
201602 -4.685 100.421 -5.890
201605 -4.806 101.765 -5.963
201608 0.032 101.686 0.040
201611 0.031 101.607 0.039
201702 0.027 102.476 0.033
201705 0.017 103.108 0.021
201708 0.232 103.108 0.284
201803 0.181 105.004 0.218
201806 0.152 105.557 0.182
201809 0.124 105.636 0.148
201812 0.107 105.399 0.128
201903 0.097 106.979 0.114
201906 0.084 107.690 0.098
201909 0.228 107.611 0.268
201912 0.250 107.769 0.293
202003 0.223 107.927 0.261
202006 0.271 108.401 0.316
202009 0.370 108.164 0.432
202012 0.362 108.559 0.421
202103 0.377 110.298 0.432
202106 0.354 111.720 0.400
202109 0.331 112.905 0.370
202112 0.320 113.774 0.355
202203 0.294 117.646 0.316
202206 0.285 120.806 0.298
202209 0.278 120.648 0.291
202212 0.253 120.964 0.264
202303 0.247 122.702 0.254
202306 0.337 124.203 0.343
202309 0.336 125.230 0.339
202312 0.327 125.072 0.330
202403 0.331 126.258 0.331

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


Discovery Silver  (TSX:DSV) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Discovery Silver was 37.86. The lowest was 0.14. And the median was 7.14.


Be Aware

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


Discovery Silver Cyclically Adjusted Book per Share Related Terms

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


Discovery Silver (TSX:DSV) Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 701, Toronto, ON, CAN, M5J 2H7
Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scalability. The project is located in a prolific mining belt in Chihuahua State, Mexico. It has one segment, which is involved in the exploration and development of polymetallic mineral deposits.
Executives
Gernot Wober Senior Officer

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