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Eldorado Gold (XTER:ELO1) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Eldorado Gold Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Eldorado Gold's adjusted book value per share for the three months ended in Mar. 2024 was €17.855. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eldorado Gold's average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Eldorado Gold was 27.70% per year. The lowest was -21.70% per year. And the median was 8.10% per year.

As of today (2024-05-16), Eldorado Gold's current stock price is €8.994. Eldorado Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Eldorado Gold's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eldorado Gold was 2.75. The lowest was 0.10. And the median was 0.40.


Eldorado Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eldorado Gold'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.

Eldorado Gold Cyclically Adjusted Book per Share Chart

Eldorado Gold 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 81.52 50.21 26.88 - -

Eldorado Gold 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 - - - - -

Competitive Comparison of Eldorado Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Eldorado Gold 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, Eldorado Gold'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)
=17.855/126.2576*126.2576
=17.855

Current CPI (Mar. 2024) = 126.2576.

Eldorado Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.921 99.473 34.170
201409 28.467 99.394 36.161
201412 29.962 98.367 38.457
201503 33.924 99.789 42.922
201506 31.508 100.500 39.583
201509 30.856 100.421 38.795
201512 24.031 99.947 30.357
201603 23.590 101.054 29.474
201606 21.749 102.002 26.921
201609 21.904 101.765 27.176
201612 23.037 101.449 28.671
201703 22.786 102.634 28.031
201706 21.765 103.029 26.672
201709 19.364 103.345 23.657
201712 19.388 103.345 23.687
201803 18.657 105.004 22.433
201806 19.561 105.557 23.397
201809 18.897 105.636 22.586
201812 18.176 105.399 21.773
201903 18.159 106.979 21.431
201906 18.244 107.690 21.390
201909 18.792 107.611 22.048
201912 18.629 107.769 21.825
202003 18.564 107.927 21.717
202006 18.059 108.401 21.034
202009 17.446 108.164 20.364
202012 17.133 108.559 19.926
202103 17.345 110.298 19.855
202106 16.712 111.720 18.887
202109 16.892 112.905 18.890
202112 17.297 113.774 19.195
202203 15.992 117.646 17.163
202206 16.507 120.806 17.252
202209 17.276 120.648 18.079
202212 16.368 120.964 17.084
202303 16.415 122.702 16.891
202306 17.066 124.203 17.348
202309 17.297 125.230 17.439
202312 17.458 125.072 17.623
202403 17.855 126.258 17.855

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


Eldorado Gold  (XTER:ELO1) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eldorado Gold was 2.75. The lowest was 0.10. And the median was 0.40.


Be Aware

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


Eldorado Gold Cyclically Adjusted Book per Share Related Terms

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


Eldorado Gold (XTER:ELO1) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.

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