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Zimtu Capital (TSXV:ZC) Cyclically Adjusted Book per Share : C$0.71 (As of Feb. 2024)


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What is Zimtu Capital 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.

Zimtu Capital's adjusted book value per share for the three months ended in Feb. 2024 was C$0.164. 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$0.71 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Zimtu Capital's average Cyclically Adjusted Book Growth Rate was -7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.40% 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 Zimtu Capital was 1.60% per year. The lowest was -3.50% per year. And the median was -2.80% per year.

As of today (2024-06-13), Zimtu Capital's current stock price is C$0.04. Zimtu Capital's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.71. Zimtu Capital's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zimtu Capital was 0.43. The lowest was 0.05. And the median was 0.24.


Zimtu Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zimtu Capital'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.

Zimtu Capital Cyclically Adjusted Book per Share Chart

Zimtu Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.80 0.79 0.79 0.73

Zimtu Capital 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 0.77 0.76 0.75 0.73 0.71

Competitive Comparison of Zimtu Capital's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Zimtu Capital'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.


Zimtu Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Zimtu Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zimtu Capital 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, Zimtu Capital'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)
=0.164/125.4675*125.4675
=0.164

Current CPI (Feb. 2024) = 125.4675.

Zimtu Capital Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.775 99.394 0.978
201408 0.705 99.315 0.891
201411 0.519 99.078 0.657
201502 0.458 99.078 0.580
201505 0.404 100.263 0.506
201508 0.419 100.579 0.523
201511 0.472 100.421 0.590
201602 0.340 100.421 0.425
201605 0.472 101.765 0.582
201608 0.725 101.686 0.895
201611 0.558 101.607 0.689
201702 0.844 102.476 1.033
201705 0.837 103.108 1.019
201708 0.812 103.108 0.988
201711 0.901 103.740 1.090
201802 0.915 104.688 1.097
201805 0.787 105.399 0.937
201808 0.655 106.031 0.775
201811 0.554 105.478 0.659
201902 0.494 106.268 0.583
201905 0.480 107.927 0.558
201908 0.387 108.085 0.449
201911 0.370 107.769 0.431
202002 0.441 108.559 0.510
202005 0.456 107.532 0.532
202008 0.529 108.243 0.613
202011 0.599 108.796 0.691
202102 1.061 109.745 1.213
202105 1.188 111.404 1.338
202108 1.041 112.668 1.159
202111 1.250 113.932 1.377
202202 0.805 115.986 0.871
202205 0.841 120.016 0.879
202208 0.723 120.569 0.752
202211 0.448 121.675 0.462
202302 0.331 122.070 0.340
202305 0.237 124.045 0.240
202308 0.191 125.389 0.191
202311 0.171 125.468 0.171
202402 0.164 125.468 0.164

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


Zimtu Capital  (TSXV:ZC) 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.

Zimtu Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/0.71
=0.06

* 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 Zimtu Capital was 0.43. The lowest was 0.05. And the median was 0.24.


Be Aware

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


Zimtu Capital Cyclically Adjusted Book per Share Related Terms

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


Zimtu Capital (TSXV:ZC) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Zimtu Capital Corp is an investment company. It is engaged in the business of investments in junior resource companies, acquisitions and dispositions, and the provision of management services. The company's business is located in Canada. It derives revenue from investment in mineral properties and management services.
Executives
Sean Charland Director

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