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Gold Springs Resource (TSX:GRC) Cyclically Adjusted Book per Share : C$0.23 (As of Jun. 2024)


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What is Gold Springs Resource 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.

Gold Springs Resource's adjusted book value per share for the three months ended in Jun. 2024 was C$0.121. 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$0.23 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Gold Springs Resource's average Cyclically Adjusted Book Growth Rate was -8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.50% 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 Gold Springs Resource was -1.80% per year. The lowest was -7.60% per year. And the median was -4.90% per year.

As of today (2024-10-31), Gold Springs Resource's current stock price is C$0.08. Gold Springs Resource's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$0.23. Gold Springs Resource's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gold Springs Resource was 0.44. The lowest was 0.00. And the median was 0.00.


Gold Springs Resource Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gold Springs Resource'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.

Gold Springs Resource Cyclically Adjusted Book per Share Chart

Gold Springs Resource Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.33 0.31 0.28 0.26

Gold Springs Resource Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 0.25 0.24 0.23 0.23 0.23

Competitive Comparison of Gold Springs Resource's Cyclically Adjusted Book per Share

For the Gold subindustry, Gold Springs Resource'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.


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

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

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



Gold Springs Resource 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, Gold Springs Resource's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.121/127.5217*127.5217
=0.121

Current CPI (Jun. 2024) = 127.5217.

Gold Springs Resource Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.255 99.473 0.327
201409 0.301 99.394 0.386
201412 0.293 98.367 0.380
201503 0.325 99.789 0.415
201506 0.301 100.500 0.382
201509 0.334 100.421 0.424
201512 0.379 99.947 0.484
201603 0.346 101.054 0.437
201606 0.166 102.002 0.208
201609 0.210 101.765 0.263
201612 0.235 101.449 0.295
201703 0.253 102.634 0.314
201706 0.233 103.029 0.288
201709 0.194 103.345 0.239
201712 0.206 103.345 0.254
201803 0.212 105.004 0.257
201806 0.225 105.557 0.272
201809 0.206 105.636 0.249
201812 0.204 105.399 0.247
201903 0.198 106.979 0.236
201906 0.134 107.690 0.159
201909 0.089 107.611 0.105
201912 0.128 107.769 0.151
202003 0.133 107.927 0.157
202006 0.128 108.401 0.151
202009 0.124 108.164 0.146
202012 0.118 108.559 0.139
202103 0.114 110.298 0.132
202106 0.109 111.720 0.124
202109 0.111 112.905 0.125
202112 0.124 113.774 0.139
202203 0.122 117.646 0.132
202206 0.121 120.806 0.128
202209 0.125 120.648 0.132
202212 0.126 120.964 0.133
202303 0.127 122.702 0.132
202306 0.122 124.203 0.125
202309 0.122 125.230 0.124
202403 0.121 126.258 0.122
202406 0.121 127.522 0.121

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


Gold Springs Resource  (TSX:GRC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.23
=0.35

* 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 Gold Springs Resource was 0.44. 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.


Gold Springs Resource Cyclically Adjusted Book per Share Related Terms

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


Gold Springs Resource Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development.
Executives
Randall Moore Senior Officer
Antonio Canton Director
Matias Herrero Senior Officer
Robert Van Doorn Director
Horst Daspersgruber Director, Director or Senior Officer of 10% Security Holder
Kevel Consulting Sa Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Gold Springs Resource Headlines

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