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Portofino Resources (TSXV:POR) Cyclically Adjusted Book per Share : C$0.05 (As of Feb. 2024)


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What is Portofino 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.

Portofino Resources's adjusted book value per share for the three months ended in Feb. 2024 was C$-0.005. 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$0.05 for the trailing ten years ended in Feb. 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.

As of today (2024-06-20), Portofino Resources's current stock price is C$0.03. Portofino Resources's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.05. Portofino Resources's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Portofino Resources was 1.75. The lowest was 0.00. And the median was 0.00.


Portofino Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Portofino 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.

Portofino Resources Cyclically Adjusted Book per Share Chart

Portofino Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.05

Portofino Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 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 - 0.05 0.05 0.05 0.05

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

For the Other Industrial Metals & Mining subindustry, Portofino 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.


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

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

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



Portofino 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, Portofino Resources'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)
=-0.005/125.4675*125.4675
=-0.005

Current CPI (Feb. 2024) = 125.4675.

Portofino Resources Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.085 99.394 0.107
201408 0.030 99.315 0.038
201411 0.014 99.078 0.018
201502 0.151 99.078 0.191
201505 0.136 100.263 0.170
201508 0.119 100.579 0.148
201511 0.099 100.421 0.124
201602 0.086 100.421 0.107
201605 0.074 101.765 0.091
201608 0.089 101.686 0.110
201611 0.078 101.607 0.096
201702 0.060 102.476 0.073
201705 0.076 103.108 0.092
201708 0.055 103.108 0.067
201711 0.115 103.740 0.139
201802 0.077 104.688 0.092
201805 0.033 105.399 0.039
201808 0.041 106.031 0.049
201811 0.030 105.478 0.036
201902 0.030 106.268 0.035
201905 0.012 107.927 0.014
201908 0.009 108.085 0.010
201911 0.005 107.769 0.006
202002 0.001 108.559 0.001
202005 0.005 107.532 0.006
202008 0.005 108.243 0.006
202011 0.007 108.796 0.008
202102 0.010 109.745 0.011
202105 0.006 111.404 0.007
202108 0.002 112.668 0.002
202111 0.010 113.932 0.011
202202 0.006 115.986 0.006
202205 0.001 120.016 0.001
202208 -0.002 120.569 -0.002
202211 0.000 121.675 0.000
202302 0.003 122.070 0.003
202305 -0.003 124.045 -0.003
202308 -0.003 125.389 -0.003
202311 -0.004 125.468 -0.004
202402 -0.005 125.468 -0.005

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


Portofino Resources  (TSXV:POR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.03/0.05
=0.60

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Portofino Resources was 1.75. 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.


Portofino Resources Cyclically Adjusted Book per Share Related Terms

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


Portofino Resources (TSXV:POR) Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5
Portofino Resources Inc is engaged in the acquisition, exploration, and development of mineral property assets in the Americas. Its South of Otter and Bruce Lake projects are in the historic gold mining district of Red Lake, Ontario. In addition, it holds 100% interest in three Northwestern Ontario gold projects; the Gold Creek property, Sapawe West property and Melema West property located near Atikokan. It also shows interest in the Yergo Lithium Brine Project.
Executives
David Geophry Tafel Director, Senior Officer