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Huntsman Exploration (TSXV:HMAN) Cyclically Adjusted Book per Share : C$2.91 (As of Feb. 2024)


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What is Huntsman Exploration 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.

Huntsman Exploration's adjusted book value per share for the three months ended in Feb. 2024 was C$-0.009. 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$2.91 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Huntsman Exploration's average Cyclically Adjusted Book Growth Rate was -20.10% 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 (2024-05-29), Huntsman Exploration's current stock price is C$0.04. Huntsman Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$2.91. Huntsman Exploration's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Huntsman Exploration was 0.02. The lowest was 0.00. And the median was 0.00.


Huntsman Exploration Cyclically Adjusted Book per Share Historical Data

The historical data trend for Huntsman Exploration'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.

Huntsman Exploration Cyclically Adjusted Book per Share Chart

Huntsman Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.81 3.67 3.39

Huntsman Exploration Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
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 3.64 3.61 3.39 3.14 2.91

Competitive Comparison of Huntsman Exploration's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Huntsman Exploration'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.


Huntsman Exploration's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Huntsman Exploration 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, Huntsman Exploration's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.009/125.4675*125.4675
=-0.009

Current CPI (Feb. 2024) = 125.4675.

Huntsman Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201402 5.775 98.051 7.390
201405 4.603 99.394 5.810
201408 5.453 99.315 6.889
201411 5.632 99.078 7.132
201502 4.822 99.078 6.106
201505 4.144 100.263 5.186
201508 4.901 100.579 6.114
201511 4.332 100.421 5.412
201602 5.341 100.421 6.673
201605 5.485 101.765 6.763
201608 1.273 101.686 1.571
201611 3.577 101.607 4.417
201702 5.330 102.476 6.526
201705 5.441 103.108 6.621
201708 4.646 103.108 5.654
201711 4.513 103.740 5.458
201802 1.206 104.688 1.445
201805 1.356 105.399 1.614
201808 1.137 106.031 1.345
201811 1.288 105.478 1.532
201902 1.194 106.268 1.410
201905 1.285 107.927 1.494
201908 0.642 108.085 0.745
201911 0.600 107.769 0.699
202002 0.573 108.559 0.662
202005 0.546 107.532 0.637
202008 0.457 108.243 0.530
202011 1.336 108.796 1.541
202102 1.377 109.745 1.574
202105 1.308 111.404 1.473
202108 1.268 112.668 1.412
202111 1.075 113.932 1.184
202202 1.046 115.986 1.132
202205 0.914 120.016 0.956
202208 0.480 120.569 0.500
202211 0.436 121.675 0.450
202302 0.432 122.070 0.444
202308 -0.001 125.389 -0.001
202311 -0.001 125.468 -0.001
202402 -0.009 125.468 -0.009

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


Huntsman Exploration  (TSXV:HMAN) 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.

Huntsman Exploration's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/2.91
=0.01

* 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 Huntsman Exploration was 0.02. 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.


Huntsman Exploration Cyclically Adjusted Book per Share Related Terms

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


Huntsman Exploration (TSXV:HMAN) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6
Huntsman Exploration Inc is focused on the exploration and development of strategic battery metals projects, namely gold, copper, cobalt, nickel, and vanadium. The principal business of the Company is the acquisition, exploration and evaluation of mineral properties. Also, the company owns an intermediate-stage gold exploration project in Nevada and Western Australia. The project portfolio includes Canegrass Property, Ashburton Project, Flint project and Baxter Spring Project.

Huntsman Exploration (TSXV:HMAN) Headlines

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