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Gossan Resources (TSXV:GSS) Cyclically Adjusted Book per Share : C$0.01 (As of Sep. 2024)


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What is Gossan 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.

Gossan Resources's adjusted book value per share for the three months ended in Sep. 2024 was C$0.008. 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$0.01 for the trailing ten years ended in Sep. 2024.

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 Gossan Resources was -8.00% per year. The lowest was -47.70% per year. And the median was -15.50% per year.

As of today (2024-12-15), Gossan Resources's current stock price is C$0.015. Gossan Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$0.01. Gossan Resources's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gossan Resources was 5.78. The lowest was 0.00. And the median was 0.00.


Gossan Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gossan 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.

Gossan Resources Cyclically Adjusted Book per Share Chart

Gossan Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.02 0.01 0.01

Gossan Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.01 0.01 0.01 0.01 0.01

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

For the Other Industrial Metals & Mining subindustry, Gossan 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.008/127.2847*127.2847
=0.008

Current CPI (Sep. 2024) = 127.2847.

Gossan Resources Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.030 98.367 0.039
201503 0.022 99.789 0.028
201506 0.021 100.500 0.027
201509 0.017 100.421 0.022
201512 0.014 99.947 0.018
201603 0.012 101.054 0.015
201606 0.013 102.002 0.016
201609 0.007 101.765 0.009
201612 0.005 101.449 0.006
201703 0.004 102.634 0.005
201706 0.001 103.029 0.001
201709 0.016 103.345 0.020
201712 0.013 103.345 0.016
201803 0.008 105.004 0.010
201806 0.003 105.557 0.004
201809 0.003 105.636 0.004
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 -0.002 107.690 -0.002
201909 -0.003 107.611 -0.004
201912 -0.003 107.769 -0.004
202003 -0.005 107.927 -0.006
202006 -0.006 108.401 -0.007
202009 -0.003 108.164 -0.004
202012 -0.005 108.559 -0.006
202103 0.004 110.298 0.005
202106 0.036 111.720 0.041
202109 0.035 112.905 0.039
202112 0.027 113.774 0.030
202203 0.006 117.646 0.006
202206 0.010 120.806 0.011
202209 0.005 120.648 0.005
202212 0.003 120.964 0.003
202303 0.001 122.702 0.001
202306 0.008 124.203 0.008
202309 0.006 125.230 0.006
202312 0.004 125.072 0.004
202403 0.011 126.258 0.011
202406 0.010 127.522 0.010
202409 0.008 127.285 0.008

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


Gossan Resources  (TSXV:GSS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.015/0.01
=1.50

* 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 Gossan Resources was 5.78. 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.


Gossan Resources Cyclically Adjusted Book per Share Related Terms

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


Gossan Resources Business Description

Traded in Other Exchanges
Address
171 Donald Street, Suite 404, Winnipeg, MB, CAN, R3C 1M4
Gossan Resources Ltd is engaged in the business of exploration and development of mineral resources in Newfoundland, Manitoba, and northwestern Ontario and processes in multiple Metals and Mining. The company's project portfolio includes the Sturgeon Lake Zinc Property, Inwood Magnesium Dolomite Property, Pipestone Project, Bird River Property, and Separation Rapids Specialty Minerals Project.
Executives
Samuel Pelaez Senior Officer
Douglas Reeson Director, Senior Officer