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Zinc One Resources (TSXV:Z.H) Cyclically Adjusted Book per Share : C$7.50 (As of Nov. 2023)


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What is Zinc One 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.

Zinc One Resources's adjusted book value per share for the three months ended in Nov. 2023 was C$-0.909. 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$7.50 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Zinc One Resources's average Cyclically Adjusted Book Growth Rate was -47.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -50.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -36.60% 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 Zinc One Resources was -7.90% per year. The lowest was -50.20% per year. And the median was -28.20% per year.

As of today (2024-06-15), Zinc One Resources's current stock price is C$0.13. Zinc One Resources's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was C$7.50. Zinc One Resources's Cyclically Adjusted PB Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zinc One Resources was 0.03. The lowest was 0.00. And the median was 0.00.


Zinc One Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zinc One 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.

Zinc One Resources Cyclically Adjusted Book per Share Chart

Zinc One Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.61 95.20 59.86 25.47 11.77

Zinc One Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 14.36 11.77 9.99 8.62 7.50

Competitive Comparison of Zinc One Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Zinc One 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.


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

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

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



Zinc One 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, Zinc One Resources's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.909/125.4675*125.4675
=-0.909

Current CPI (Nov. 2023) = 125.4675.

Zinc One Resources Quarterly Data

Book Value per Share CPI Adj_Book
201402 28.983 98.051 37.087
201405 17.283 99.394 21.817
201408 14.344 99.315 18.121
201411 9.354 99.078 11.845
201502 7.288 99.078 9.229
201505 5.630 100.263 7.045
201508 4.219 100.579 5.263
201511 3.390 100.421 4.235
201602 1.920 100.421 2.399
201605 1.699 101.765 2.095
201608 2.297 101.686 2.834
201611 2.118 101.607 2.615
201702 3.264 102.476 3.996
201705 13.073 103.108 15.908
201708 23.652 103.108 28.781
201711 22.605 103.740 27.339
201802 22.379 104.688 26.821
201805 21.587 105.399 25.697
201808 20.891 106.031 24.720
201811 20.871 105.478 24.826
201902 2.941 106.268 3.472
201905 2.714 107.927 3.155
201908 2.327 108.085 2.701
201911 2.228 107.769 2.594
202002 -1.034 108.559 -1.195
202005 -1.097 107.532 -1.280
202008 -1.104 108.243 -1.280
202011 -0.508 108.796 -0.586
202102 -0.599 109.745 -0.685
202105 -0.646 111.404 -0.728
202108 -0.718 112.668 -0.800
202111 -0.762 113.932 -0.839
202202 -0.819 115.986 -0.886
202205 -0.849 120.016 -0.888
202208 -0.879 120.569 -0.915
202211 -0.787 121.675 -0.812
202302 -0.867 122.070 -0.891
202305 -0.877 124.045 -0.887
202308 -0.892 125.389 -0.893
202311 -0.909 125.468 -0.909

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


Zinc One Resources  (TSXV:Z.H) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.13/7.5
=0.02

* 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 Zinc One Resources was 0.03. 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.


Zinc One Resources Cyclically Adjusted Book per Share Related Terms

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


Zinc One Resources (TSXV:Z.H) Business Description

Traded in Other Exchanges
Address
200 - 550 Denman Street, Vancouver, BC, CAN, V6G3H1
Zinc One Resources Inc is a Canada-based company that operates in a single segment of acquisition and exploration of interests in mineral properties. The company operates in two geographical segments: Canada, and Africa.

Zinc One Resources (TSXV:Z.H) Headlines

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