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GFG Resources (TSXV:GFG) Cyclically Adjusted Book per Share : C$0.23 (As of Dec. 2024)


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What is GFG 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.

GFG Resources's adjusted book value per share for the three months ended in Dec. 2024 was C$0.149. 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 Dec. 2024.

During the past 12 months, GFG Resources's average Cyclically Adjusted Book Growth Rate was 4.50% 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.

As of today (2025-05-13), GFG Resources's current stock price is C$0.185. GFG Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$0.23. GFG Resources's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of GFG Resources was 0.88. The lowest was 0.00. And the median was 0.00.


GFG Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for GFG 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.

GFG Resources Cyclically Adjusted Book per Share Chart

GFG Resources Annual Data
Trend Feb15 Feb16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.19 0.21 0.23

GFG Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.22 0.22 0.23 0.23 0.23

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

For the Gold subindustry, GFG 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.


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

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

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


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GFG 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, GFG Resources's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.149/127.3637*127.3637
=0.149

Current CPI (Dec. 2024) = 127.3637.

GFG Resources Quarterly Data

Book Value per Share CPI Adj_Book
201502 -0.007 99.078 -0.009
201505 -0.016 100.263 -0.020
201508 0.024 100.579 0.030
201511 0.023 100.421 0.029
201602 0.021 100.421 0.027
201605 0.020 101.765 0.025
201608 0.016 101.686 0.020
201612 0.219 101.449 0.275
201703 0.268 102.634 0.333
201706 0.254 103.029 0.314
201709 0.235 103.345 0.290
201712 0.314 103.345 0.387
201803 0.321 105.004 0.389
201806 0.314 105.557 0.379
201809 0.312 105.636 0.376
201812 0.304 105.399 0.367
201903 0.303 106.979 0.361
201906 0.301 107.690 0.356
201909 0.299 107.611 0.354
201912 0.280 107.769 0.331
202003 0.280 107.927 0.330
202006 0.263 108.401 0.309
202009 0.263 108.164 0.310
202012 0.263 108.559 0.309
202103 0.262 110.298 0.303
202106 0.262 111.720 0.299
202109 0.260 112.905 0.293
202112 0.242 113.774 0.271
202203 0.241 117.646 0.261
202206 0.239 120.806 0.252
202209 0.241 120.648 0.254
202212 0.220 120.964 0.232
202303 0.207 122.702 0.215
202306 0.153 124.203 0.157
202309 0.152 125.230 0.155
202312 0.150 125.072 0.153
202403 0.150 126.258 0.151
202406 0.140 127.522 0.140
202409 0.140 127.285 0.140
202412 0.149 127.364 0.149

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


GFG Resources  (TSXV:GFG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.185/0.23
=0.80

* 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 12 years, the highest Cyclically Adjusted PB Ratio of GFG Resources was 0.88. 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.


GFG Resources Cyclically Adjusted Book per Share Related Terms

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


GFG Resources Business Description

Industry
Traded in Other Exchanges
Address
202-640 Broadway Avenue, Saskatoon, SK, CAN, S7N 1A9
GFG Resources Inc is a precious metals exploration company. Its principal business is to acquire, explore and develop interests in exploration and evaluation assets. The company holds an interest in the Rattlesnake Hills Gold Property which is located southwest of Casper in Central Wyoming, U.S., and Montclerg, Pen Gold and Dore Gold Projects located in Ontario, Canada.
Executives
Brian Neville Skanderbeg Senior Officer
Marc Joseph Andrew Lepage Senior Officer
Anders Carlson Senior Officer
Rick Johnson Senior Officer
Arnold Klassen Director
Brian Booth Director
Jonathan Charles Timothy Awde Director

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