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Sandfire Resources America (TSXV:SFR) Cyclically Adjusted Book per Share : C$0.02 (As of Mar. 2024)


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What is Sandfire Resources America 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.

Sandfire Resources America's adjusted book value per share for the three months ended in Mar. 2024 was C$-0.019. 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$0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -20.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.80% 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 Sandfire Resources America was 35.70% per year. The lowest was -26.30% per year. And the median was 6.30% per year.

As of today (2024-05-14), Sandfire Resources America's current stock price is C$0.395. Sandfire Resources America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.02. Sandfire Resources America's Cyclically Adjusted PB Ratio of today is 19.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sandfire Resources America was 23.02. The lowest was 0.00. And the median was 0.00.


Sandfire Resources America Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sandfire Resources America'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.

Sandfire Resources America Cyclically Adjusted Book per Share Chart

Sandfire Resources America Annual Data
Trend Sep14 Sep15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.04 0.03 0.02

Sandfire Resources America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Sandfire Resources America's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Sandfire Resources America'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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.019/125.4675*125.4675
=-0.019

Current CPI (Mar. 2024) = 125.4675.

Sandfire Resources America Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.020 99.473 0.025
201409 0.057 99.394 0.072
201412 0.051 98.367 0.065
201503 0.046 99.789 0.058
201506 0.038 100.500 0.047
201509 0.032 100.421 0.040
201512 0.027 99.947 0.034
201603 0.022 101.054 0.027
201606 0.017 102.002 0.021
201609 0.013 101.765 0.016
201612 0.018 101.449 0.022
201703 0.015 102.634 0.018
201706 0.012 103.029 0.015
201709 0.009 103.345 0.011
201712 0.022 103.345 0.027
201803 0.015 105.004 0.018
201806 0.010 105.557 0.012
201809 0.007 105.636 0.008
201812 0.022 105.399 0.026
201903 0.016 106.979 0.019
201906 0.013 107.690 0.015
201909 0.010 107.611 0.012
201912 0.006 107.769 0.007
202003 0.004 107.927 0.005
202006 0.001 108.401 0.001
202009 -0.002 108.164 -0.002
202012 0.025 108.559 0.029
202103 0.021 110.298 0.024
202106 0.018 111.720 0.020
202109 0.000 112.905 0.000
202112 0.010 113.774 0.011
202203 0.003 117.646 0.003
202206 0.002 120.806 0.002
202209 -0.001 120.648 -0.001
202212 -0.005 120.964 -0.005
202303 -0.007 122.702 -0.007
202306 -0.008 124.203 -0.008
202309 -0.011 125.230 -0.011
202312 -0.013 125.468 -0.013
202403 -0.019 125.468 -0.019

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


Sandfire Resources America  (TSXV:SFR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.395/0.02
=19.75

* 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 Sandfire Resources America was 23.02. 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.


Sandfire Resources America Cyclically Adjusted Book per Share Related Terms

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


Sandfire Resources America (TSXV:SFR) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Sandfire Resources America Inc is engaged in the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The property contains sediment-hosted zones of massive sulfide mineralization. The drilling encountered significant zones of strata-bound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Super group. The Company's operations are limited to a single industry segment being the acquisition, exploration, and development of resource properties.

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