GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avrupa Minerals Ltd (OTCPK:AVPMF) » Definitions » Cyclically Adjusted Book per Share

Avrupa Minerals (Avrupa Minerals) Cyclically Adjusted Book per Share : $0.08 (As of Mar. 2023)


View and export this data going back to . Start your Free Trial

What is Avrupa 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.

Avrupa Minerals's adjusted book value per share for the three months ended in Mar. 2023 was $0.012. 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. 2023.

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.

As of today (2024-04-29), Avrupa Minerals's current stock price is $0.0121. Avrupa Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.08. Avrupa Minerals's Cyclically Adjusted PB Ratio of today is 0.15.


Avrupa Minerals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Avrupa 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.

Avrupa Minerals Cyclically Adjusted Book per Share Chart

Avrupa Minerals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.25 0.17 0.13 0.10

Avrupa Minerals Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.10 0.09 0.08 0.10 0.08

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

For the Other Industrial Metals & Mining subindustry, Avrupa 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.


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

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

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



Avrupa 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, Avrupa Minerals's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.012/122.7021*122.7021
=0.012

Current CPI (Mar. 2023) = 122.7021.

Avrupa Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.247 97.182 0.312
201309 0.237 97.419 0.299
201312 0.199 96.945 0.252
201403 0.174 98.604 0.217
201406 0.150 99.473 0.185
201409 0.199 99.394 0.246
201412 0.166 98.367 0.207
201503 0.129 99.789 0.159
201506 0.116 100.500 0.142
201509 0.124 100.421 0.152
201512 0.096 99.947 0.118
201603 0.097 101.054 0.118
201606 0.079 102.002 0.095
201609 0.123 101.765 0.148
201612 0.090 101.449 0.109
201703 0.071 102.634 0.085
201706 0.071 103.029 0.085
201709 0.080 103.345 0.095
201712 0.059 103.345 0.070
201803 0.065 105.004 0.076
201806 0.053 105.557 0.062
201809 0.046 105.636 0.053
201812 0.030 105.399 0.035
201903 0.019 106.979 0.022
201906 0.012 107.690 0.014
201909 0.011 107.611 0.013
201912 -0.019 107.769 -0.022
202003 -0.022 107.927 -0.025
202006 -0.017 108.401 -0.019
202009 -0.021 108.164 -0.024
202012 -0.010 108.559 -0.011
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 -0.010 113.774 -0.011
202203 0.016 117.646 0.017
202206 0.014 120.806 0.014
202209 0.013 120.648 0.013
202212 0.012 120.964 0.012
202303 0.012 122.702 0.012

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


Avrupa Minerals  (OTCPK:AVPMF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0121/0.08
=0.15

* 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.


Be Aware

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


Avrupa Minerals Cyclically Adjusted Book per Share Related Terms

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


Avrupa Minerals (Avrupa Minerals) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Avrupa Minerals Ltd is engaged in the acquisition and exploration of mineral properties in Europe. The company is actively reviewing other attractive precious and base metal opportunities around Europe.