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Vulcan Minerals (Vulcan Minerals) Cyclically Adjusted Book per Share : $0.08 (As of Mar. 2024)


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What is Vulcan Minerals 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.

Vulcan Minerals's adjusted book value per share for the three months ended in Mar. 2024 was $0.249. 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 $0.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vulcan Minerals's average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -6.20% 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 Vulcan Minerals was 14.50% per year. The lowest was -15.10% per year. And the median was 0.00% per year.

As of today (2024-06-20), Vulcan Minerals's current stock price is $0.09. Vulcan Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.08. Vulcan Minerals's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vulcan Minerals was 1.28. The lowest was 0.00. And the median was 0.00.


Vulcan Minerals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vulcan Minerals'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.

Vulcan Minerals Cyclically Adjusted Book per Share Chart

Vulcan Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.07 0.08 0.09 0.12

Vulcan Minerals 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 0.09 0.10 0.11 0.12 0.08

Competitive Comparison of Vulcan Minerals's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Vulcan Minerals'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.


Vulcan Minerals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Vulcan Minerals 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, Vulcan Minerals'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)
=0.249/126.2576*126.2576
=0.249

Current CPI (Mar. 2024) = 126.2576.

Vulcan Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.121 99.473 0.154
201409 0.116 99.394 0.147
201412 0.106 98.367 0.136
201503 0.093 99.789 0.118
201506 0.079 100.500 0.099
201509 0.072 100.421 0.091
201512 0.067 99.947 0.085
201603 0.067 101.054 0.084
201606 0.066 102.002 0.082
201609 0.063 101.765 0.078
201612 0.057 101.449 0.071
201703 0.059 102.634 0.073
201706 0.044 103.029 0.054
201709 0.045 103.345 0.055
201712 0.037 103.345 0.045
201803 0.034 105.004 0.041
201806 0.027 105.557 0.032
201809 0.021 105.636 0.025
201812 0.017 105.399 0.020
201903 0.016 106.979 0.019
201906 0.019 107.690 0.022
201909 0.021 107.611 0.025
201912 0.015 107.769 0.018
202003 0.013 107.927 0.015
202006 0.013 108.401 0.015
202009 0.019 108.164 0.022
202012 0.021 108.559 0.024
202103 0.042 110.298 0.048
202106 0.074 111.720 0.084
202109 0.070 112.905 0.078
202112 0.318 113.774 0.353
202203 0.316 117.646 0.339
202206 0.310 120.806 0.324
202209 0.275 120.648 0.288
202212 0.276 120.964 0.288
202303 0.276 122.702 0.284
202306 0.275 124.203 0.280
202309 0.251 125.230 0.253
202312 0.253 125.072 0.255
202403 0.249 126.258 0.249

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


Vulcan Minerals  (OTCPK:VULMF) 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.

Vulcan Minerals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.09/0.08
=1.13

* 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 Vulcan Minerals was 1.28. 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.


Vulcan Minerals Cyclically Adjusted Book per Share Related Terms

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


Vulcan Minerals (Vulcan Minerals) Business Description

Traded in Other Exchanges
Address
333 Duckworth Street, St. John's, NL, CAN, A1C 1G9
Vulcan Minerals Inc is a Canada-based mineral exploration company. It is engaged in the evaluation, acquisition, and exploration of minerals in Newfoundland and Labrador. Some of the projects in which the company holds an interest are the Springdale Project, Red Cross Lake Project, and the Central Newfoundland gold project.

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