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Waseco Resources (TSXV:WRI) Cyclically Adjusted Book per Share : C$-0.02 (As of Aug. 2024)


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What is Waseco 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.

Waseco Resources's adjusted book value per share for the three months ended in Aug. 2024 was C$-0.017. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-0.02 for the trailing ten years ended in Aug. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.00% 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 Waseco Resources was -12.60% per year. The lowest was -26.00% per year. And the median was -20.60% per year.

As of today (2025-01-18), Waseco Resources's current stock price is C$0.02. Waseco Resources's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was C$-0.02. Waseco Resources's Cyclically Adjusted PB Ratio of today is .


Waseco Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Waseco 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.

Waseco Resources Cyclically Adjusted Book per Share Chart

Waseco Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.01 -0.02 -0.02

Waseco Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 Waseco Resources's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Waseco 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=-0.017/127.8378*127.8378
=-0.017

Current CPI (Aug. 2024) = 127.8378.

Waseco Resources Quarterly Data

Book Value per Share CPI Adj_Book
201411 -0.011 99.078 -0.014
201502 -0.014 99.078 -0.018
201505 -0.015 100.263 -0.019
201508 -0.011 100.579 -0.014
201511 -0.013 100.421 -0.017
201602 -0.014 100.421 -0.018
201605 -0.014 101.765 -0.018
201608 -0.012 101.686 -0.015
201611 -0.009 101.607 -0.011
201702 -0.012 102.476 -0.015
201705 -0.013 103.108 -0.016
201708 -0.014 103.108 -0.017
201711 -0.015 103.740 -0.018
201802 -0.016 104.688 -0.020
201805 -0.017 105.399 -0.021
201808 -0.018 106.031 -0.022
201811 -0.019 105.478 -0.023
201902 -0.022 106.268 -0.026
201905 -0.022 107.927 -0.026
201908 -0.021 108.085 -0.025
201911 -0.022 107.769 -0.026
202002 -0.022 108.559 -0.026
202005 -0.023 107.532 -0.027
202008 -0.020 108.243 -0.024
202011 -0.020 108.796 -0.024
202102 -0.020 109.745 -0.023
202105 -0.020 111.404 -0.023
202108 -0.021 112.668 -0.024
202111 -0.021 113.932 -0.024
202202 -0.014 115.986 -0.015
202205 -0.021 120.016 -0.022
202208 -0.021 120.569 -0.022
202211 -0.021 121.675 -0.022
202302 -0.015 122.070 -0.016
202305 -0.016 124.045 -0.016
202308 -0.016 125.389 -0.016
202311 -0.016 125.468 -0.016
202402 -0.017 125.468 -0.017
202405 -0.017 127.601 -0.017
202408 -0.017 127.838 -0.017

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


Waseco Resources  (TSXV:WRI) 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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Waseco Resources Cyclically Adjusted Book per Share Related Terms

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


Waseco Resources Business Description

Traded in Other Exchanges
N/A
Address
C/o Richard Williams, 2 Queen Street East, Suite 1500, Toronto, ON, CAN, M5C 3G5
Waseco Resources Inc is an exploration and development stage company, which engages in acquiring and developing mineral properties. Geographically, it operates in Canada and the United States. It owns interests in Quebec Labrador Trough; James Bay Lowlands and Battle Mountain Ridge, Nevada.
Executives
Richard David Williams Director, Senior Officer
James Angus Wilson (bilkstys-) Richardson Director, Senior Officer

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