GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corsa Coal Corp (OTCPK:CRSXF) » Definitions » Cyclically Adjusted Book per Share

Corsa Coal (Corsa Coal) Cyclically Adjusted Book per Share : $1.24 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Corsa Coal 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.

Corsa Coal's adjusted book value per share for the three months ended in Dec. 2023 was $0.824. 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 $1.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Corsa Coal's average Cyclically Adjusted Book Growth Rate was -19.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -19.90% 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 Corsa Coal was -12.70% per year. The lowest was -23.80% per year. And the median was -18.55% per year.

As of today (2024-04-27), Corsa Coal's current stock price is $0.255. Corsa Coal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.24. Corsa Coal's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Corsa Coal was 0.45. The lowest was 0.03. And the median was 0.16.


Corsa Coal Cyclically Adjusted Book per Share Historical Data

The historical data trend for Corsa Coal'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.

Corsa Coal Cyclically Adjusted Book per Share Chart

Corsa Coal 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 3.66 2.41 1.94 1.52 1.24

Corsa Coal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.52 1.48 1.39 1.32 1.24

Competitive Comparison of Corsa Coal's Cyclically Adjusted Book per Share

For the Coking Coal subindustry, Corsa Coal'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.


Corsa Coal's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corsa Coal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Corsa Coal 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, Corsa Coal's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.824/129.4194*129.4194
=0.824

Current CPI (Dec. 2023) = 129.4194.

Corsa Coal Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.882 99.695 5.039
201406 3.813 100.560 4.907
201409 2.905 100.428 3.744
201412 2.721 99.070 3.555
201503 2.141 99.621 2.781
201506 2.155 100.684 2.770
201509 2.014 100.392 2.596
201512 0.466 99.792 0.604
201603 0.408 100.470 0.526
201606 0.328 101.688 0.417
201609 0.250 101.861 0.318
201612 0.271 101.863 0.344
201703 0.353 102.862 0.444
201706 0.391 103.349 0.490
201709 0.451 104.136 0.561
201712 1.025 104.011 1.275
201803 1.035 105.290 1.272
201806 0.989 106.317 1.204
201809 0.971 106.507 1.180
201812 1.067 105.998 1.303
201903 1.091 107.251 1.317
201906 1.123 108.070 1.345
201909 1.134 108.329 1.355
201912 1.045 108.420 1.247
202003 0.981 108.902 1.166
202006 0.619 108.767 0.737
202009 0.583 109.815 0.687
202012 0.450 109.897 0.530
202103 0.404 111.754 0.468
202106 0.828 114.631 0.935
202109 0.838 115.734 0.937
202112 0.864 117.630 0.951
202203 0.826 121.301 0.881
202206 0.797 125.017 0.825
202209 0.754 125.227 0.779
202212 0.597 125.222 0.617
202303 0.616 127.348 0.626
202306 0.694 128.729 0.698
202309 0.880 129.860 0.877
202312 0.824 129.419 0.824

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


Corsa Coal  (OTCPK:CRSXF) 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.

Corsa Coal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.255/1.24
=0.21

* 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 Corsa Coal was 0.45. The lowest was 0.03. And the median was 0.16.


Be Aware

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


Corsa Coal Cyclically Adjusted Book per Share Related Terms

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


Corsa Coal (Corsa Coal) Business Description

Industry
Traded in Other Exchanges
Address
1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments.

Corsa Coal (Corsa Coal) Headlines

From GuruFocus