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Blackhawk Growth (XCNQ:BLR) Cyclically Adjusted Book per Share : C$1.98 (As of Mar. 2024)


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What is Blackhawk Growth 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.

Blackhawk Growth's adjusted book value per share for the three months ended in Mar. 2024 was C$-0.031. 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$1.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Blackhawk Growth's average Cyclically Adjusted Book Growth Rate was -16.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -10.90% 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 Blackhawk Growth was -2.80% per year. The lowest was -12.90% per year. And the median was -9.20% per year.

As of today (2024-06-25), Blackhawk Growth's current stock price is C$0.02. Blackhawk Growth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.98. Blackhawk Growth's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Blackhawk Growth was 1.13. The lowest was 0.01. And the median was 0.27.


Blackhawk Growth Cyclically Adjusted Book per Share Historical Data

The historical data trend for Blackhawk Growth'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.

Blackhawk Growth Cyclically Adjusted Book per Share Chart

Blackhawk Growth Annual Data
Trend Jun14 Jun15 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 3.77 3.30 2.90 2.70 2.28

Blackhawk Growth 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 2.36 2.28 2.19 2.07 1.98

Competitive Comparison of Blackhawk Growth's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Blackhawk Growth'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.


Blackhawk Growth's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



Blackhawk Growth 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, Blackhawk Growth'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)
=-0.031/126.2576*126.2576
=-0.031

Current CPI (Mar. 2024) = 126.2576.

Blackhawk Growth Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.221 99.473 5.358
201409 4.072 99.394 5.173
201412 3.510 98.367 4.505
201503 3.708 99.789 4.692
201506 2.896 100.500 3.638
201509 2.805 100.421 3.527
201512 2.621 99.947 3.311
201603 2.506 101.054 3.131
201606 2.078 102.002 2.572
201609 1.938 101.765 2.404
201612 1.669 101.449 2.077
201703 3.521 102.634 4.331
201706 3.325 103.029 4.075
201709 3.018 103.345 3.687
201712 2.935 103.345 3.586
201803 2.764 105.004 3.323
201806 2.893 105.557 3.460
201809 2.998 105.636 3.583
201812 2.920 105.399 3.498
201903 2.951 106.979 3.483
201906 0.193 107.690 0.226
201909 0.350 107.611 0.411
201912 0.383 107.769 0.449
202003 0.333 107.927 0.390
202006 0.266 108.401 0.310
202009 0.325 108.164 0.379
202012 0.405 108.559 0.471
202103 0.373 110.298 0.427
202106 0.301 111.720 0.340
202109 0.377 112.905 0.422
202112 0.418 113.774 0.464
202203 0.341 117.646 0.366
202206 0.354 120.806 0.370
202209 0.342 120.648 0.358
202212 0.339 120.964 0.354
202303 0.185 122.702 0.190
202306 -0.011 124.203 -0.011
202309 -0.011 125.230 -0.011
202312 -0.031 125.072 -0.031
202403 -0.031 126.258 -0.031

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


Blackhawk Growth  (XCNQ:BLR) 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.

Blackhawk Growth's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.02/1.98
=0.01

* 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 Blackhawk Growth was 1.13. The lowest was 0.01. And the median was 0.27.


Be Aware

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


Blackhawk Growth Cyclically Adjusted Book per Share Related Terms

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


Blackhawk Growth (XCNQ:BLR) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, HSBC Building, Vancouver, BC, CAN, V6C 3E8
Blackhawk Growth Corp is an investment issuer looking to capitalize on market and industry trends that can create substantial value for its shareholders. The company invests in equity and debt instruments of companies to generate positive returns for shareholders.
Executives
Konstantin Lichtenwald Director

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