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Labrador Gold (TSXV:LAB) Cyclically Adjusted Book per Share : C$0.17 (As of Dec. 2024)


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What is Labrador Gold 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.

Labrador Gold's adjusted book value per share for the three months ended in Dec. 2024 was C$0.156. 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$0.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Labrador Gold's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 35.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Labrador Gold was 95.70% per year. The lowest was -30.70% per year. And the median was 10.50% per year.

As of today (2025-05-28), Labrador Gold's current stock price is C$0.08. Labrador Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$0.17. Labrador Gold's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Labrador Gold was 0.47. The lowest was 0.00. And the median was 0.00.


Labrador Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Labrador Gold'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.

Labrador Gold Cyclically Adjusted Book per Share Chart

Labrador Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.08 0.11 0.14 0.17

Labrador Gold 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 0.15 0.15 0.16 0.17 0.17

Competitive Comparison of Labrador Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Labrador Gold'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.


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

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

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


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Labrador Gold 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, Labrador Gold'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)
=0.156/127.3637*127.3637
=0.156

Current CPI (Dec. 2024) = 127.3637.

Labrador Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.021 99.789 0.027
201506 0.021 100.500 0.027
201509 0.020 100.421 0.025
201512 0.020 99.947 0.025
201603 0.023 101.054 0.029
201606 0.029 102.002 0.036
201609 0.028 101.765 0.035
201612 0.035 101.449 0.044
201703 0.040 102.634 0.050
201706 0.040 103.029 0.049
201709 0.040 103.345 0.049
201712 0.083 103.345 0.102
201803 0.081 105.004 0.098
201806 0.085 105.557 0.103
201809 0.118 105.636 0.142
201812 0.117 105.399 0.141
201903 0.117 106.979 0.139
201906 0.118 107.690 0.140
201909 0.116 107.611 0.137
201912 0.115 107.769 0.136
202003 0.115 107.927 0.136
202006 0.134 108.401 0.157
202009 0.145 108.164 0.171
202012 0.183 108.559 0.215
202103 0.183 110.298 0.211
202106 0.305 111.720 0.348
202109 0.292 112.905 0.329
202112 0.297 113.774 0.332
202203 0.296 117.646 0.320
202206 0.299 120.806 0.315
202209 0.289 120.648 0.305
202212 0.288 120.964 0.303
202303 0.286 122.702 0.297
202306 0.286 124.203 0.293
202309 0.286 125.230 0.291
202312 0.286 125.072 0.291
202403 0.285 126.258 0.287
202406 0.284 127.522 0.284
202409 0.184 127.285 0.184
202412 0.156 127.364 0.156

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


Labrador Gold  (TSXV:LAB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.17
=0.47

* 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 Labrador Gold was 0.47. 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.


Labrador Gold Cyclically Adjusted Book per Share Related Terms

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


Labrador Gold Business Description

Industry
Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Labrador Gold Corp is a Canadian-based mineral exploration company. It focuses on the acquisition and exploration of prospective gold projects and has mineral rights interests in Ontario, Canada. Its projects include Borden Lake Extension Project, the Labrador property, the Scotch Property and the Kingsway Property.
Executives
James S. Borland Director
Roger Moss Director, Senior Officer
Trevor Douglas Boyd Director
William Roy Johnstone Senior Officer
Leonidas Karabelas Director
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder
Matthieu Lapointe Senior Officer
Plethora Precious Metals Fund Management 10% Security Holder
Stichting Depositary Plethora Precious Metals Fund 10% Security Holder
Shawn Ryan 10% Security Holder
Aurora Davidson Senior Officer