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Burcon NutraScience (FRA:BNE) Cyclically Adjusted Book per Share : €0.09 (As of Jun. 2023)


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What is Burcon NutraScience 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.

Burcon NutraScience's adjusted book value per share for the three months ended in Jun. 2023 was €0.033. 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 €0.09 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.20% 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 Burcon NutraScience was 2.30% per year. The lowest was -8.00% per year. And the median was -3.05% per year.

As of today (2024-04-28), Burcon NutraScience's current stock price is €0.1505. Burcon NutraScience's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €0.09. Burcon NutraScience's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Burcon NutraScience was 38.71. The lowest was 0.56. And the median was 6.10.


Burcon NutraScience Cyclically Adjusted Book per Share Historical Data

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience Cyclically Adjusted Book per Share Chart

Burcon NutraScience Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.09 0.09 0.11 0.10

Burcon NutraScience Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.10 0.10 0.10 0.09

Competitive Comparison of Burcon NutraScience's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Burcon NutraScience'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.


Burcon NutraScience's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Burcon NutraScience's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Burcon NutraScience 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, Burcon NutraScience's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.033/124.2033*124.2033
=0.033

Current CPI (Jun. 2023) = 124.2033.

Burcon NutraScience Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.091 97.419 0.116
201312 0.070 96.945 0.090
201403 0.053 98.604 0.067
201406 0.096 99.473 0.120
201409 0.083 99.394 0.104
201412 0.064 98.367 0.081
201503 0.074 99.789 0.092
201506 0.091 100.500 0.112
201509 0.073 100.421 0.090
201512 0.058 99.947 0.072
201603 0.047 101.054 0.058
201606 0.031 102.002 0.038
201609 0.016 101.765 0.020
201612 0.061 101.449 0.075
201703 0.046 102.634 0.056
201706 0.030 103.029 0.036
201709 0.018 103.345 0.022
201712 0.003 103.345 0.004
201803 0.021 105.004 0.025
201806 0.012 105.557 0.014
201809 0.003 105.636 0.004
201812 -0.007 105.399 -0.008
201903 -0.018 106.979 -0.021
201906 0.092 107.690 0.106
201909 0.089 107.611 0.103
201912 0.104 107.769 0.120
202003 0.154 107.927 0.177
202006 0.150 108.401 0.172
202009 0.206 108.164 0.237
202012 0.209 108.559 0.239
202103 0.224 110.298 0.252
202106 0.210 111.720 0.233
202109 0.203 112.905 0.223
202112 0.202 113.774 0.221
202203 0.186 117.646 0.196
202206 0.167 120.806 0.172
202209 0.150 120.648 0.154
202212 0.036 120.964 0.037
202303 0.025 122.702 0.025
202306 0.033 124.203 0.033

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


Burcon NutraScience  (FRA:BNE) 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.

Burcon NutraScience's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1505/0.09
=1.67

* 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 Burcon NutraScience was 38.71. The lowest was 0.56. And the median was 6.10.


Be Aware

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


Burcon NutraScience Cyclically Adjusted Book per Share Related Terms

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


Burcon NutraScience (FRA:BNE) Business Description

Traded in Other Exchanges
Address
1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2
Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With over 290 issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.

Burcon NutraScience (FRA:BNE) Headlines