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Grande Portage Resources (TSXV:GPG) Cyclically Adjusted Book per Share : C$0.38 (As of Jan. 2024)


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What is Grande Portage 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.

Grande Portage Resources's adjusted book value per share for the three months ended in Jan. 2024 was C$0.174. 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$0.38 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Grande Portage Resources's average Cyclically Adjusted Book Growth Rate was -30.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -22.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -20.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -11.50% 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 Grande Portage Resources was 34.00% per year. The lowest was -22.90% per year. And the median was -4.30% per year.

As of today (2024-06-19), Grande Portage Resources's current stock price is C$0.215. Grande Portage Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.38. Grande Portage Resources's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grande Portage Resources was 0.60. The lowest was 0.00. And the median was 0.00.


Grande Portage Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grande Portage 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.

Grande Portage Resources Cyclically Adjusted Book per Share Chart

Grande Portage Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 0.94 0.76 0.60 0.43

Grande Portage Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.55 0.51 0.47 0.43 0.38

Competitive Comparison of Grande Portage Resources's Cyclically Adjusted Book per Share

For the Gold subindustry, Grande Portage 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.174/125.0724*125.0724
=0.174

Current CPI (Jan. 2024) = 125.0724.

Grande Portage Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.542 98.920 1.950
201407 1.537 99.315 1.936
201410 0.594 99.473 0.747
201501 0.582 98.209 0.741
201504 0.571 99.710 0.716
201507 0.564 100.579 0.701
201510 0.554 100.500 0.689
201601 0.546 100.184 0.682
201604 0.330 101.370 0.407
201607 0.324 101.844 0.398
201610 0.316 102.002 0.387
201701 0.263 102.318 0.321
201704 0.276 103.029 0.335
201707 0.237 103.029 0.288
201710 0.203 103.424 0.245
201801 0.195 104.056 0.234
201804 0.185 105.320 0.220
201807 0.181 106.110 0.213
201810 0.170 105.952 0.201
201901 0.166 105.557 0.197
201904 0.162 107.453 0.189
201907 0.150 108.243 0.173
201910 0.148 107.927 0.172
202001 0.141 108.085 0.163
202004 0.136 107.216 0.159
202007 0.154 108.401 0.178
202010 0.152 108.638 0.175
202101 0.150 109.192 0.172
202104 0.149 110.851 0.168
202107 0.172 112.431 0.191
202110 0.170 113.695 0.187
202201 0.182 114.801 0.198
202204 0.180 118.357 0.190
202207 0.180 120.964 0.186
202210 0.179 121.517 0.184
202301 0.177 121.596 0.182
202304 0.176 123.571 0.178
202307 0.175 124.914 0.175
202310 0.174 125.310 0.174
202401 0.174 125.072 0.174

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


Grande Portage Resources  (TSXV:GPG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.215/0.38
=0.57

* 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 Grande Portage Resources was 0.60. 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.


Grande Portage Resources Cyclically Adjusted Book per Share Related Terms

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


Grande Portage Resources (TSXV:GPG) Business Description

Traded in Other Exchanges
Address
280 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Grande Portage Resources Ltd is a mineral exploration company based in Canada. The principal business activities are the exploration for and development of natural resource properties namely gold, in Alaska. The company holds an interest in Herbert Gold Property located to the north of Juneau, Alaska.
Executives
Ian Mcculloch Klassen Senior Officer

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