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Perpetua Resources (TSX:PPTA) Cyclically Adjusted Book per Share : C$5.91 (As of Dec. 2023)


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What is Perpetua Resources 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.

Perpetua Resources's adjusted book value per share for the three months ended in Dec. 2023 was C$1.513. 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$5.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Perpetua Resources's average Cyclically Adjusted Book Growth Rate was -23.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.00% 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 Perpetua Resources was -15.00% per year. The lowest was -15.00% per year. And the median was -15.00% per year.

As of today (2024-04-27), Perpetua Resources's current stock price is C$7.90. Perpetua Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$5.91. Perpetua Resources's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Perpetua Resources was 1.50. The lowest was 0.00. And the median was 0.00.


Perpetua Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Perpetua Resources'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.

Perpetua Resources Cyclically Adjusted Book per Share Chart

Perpetua Resources 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 - 9.63 9.03 7.68 5.91

Perpetua Resources 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 7.68 7.30 6.87 6.44 5.91

Competitive Comparison of Perpetua Resources's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Perpetua Resources'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.


Perpetua Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Perpetua Resources 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, Perpetua Resources'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)
=1.513/129.4194*129.4194
=1.513

Current CPI (Dec. 2023) = 129.4194.

Perpetua Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.225 99.695 21.063
201406 15.832 100.560 20.376
201409 16.159 100.428 20.824
201412 16.901 99.070 22.079
201503 18.475 99.621 24.001
201506 16.344 100.684 21.009
201509 17.536 100.392 22.606
201512 6.458 99.792 8.375
201603 5.738 100.470 7.391
201606 2.667 101.688 3.394
201609 2.738 101.861 3.479
201612 2.780 101.863 3.532
201703 2.802 102.862 3.525
201706 2.908 103.349 3.642
201709 2.512 104.136 3.122
201712 2.356 104.011 2.932
201803 0.341 105.290 0.419
201806 1.970 106.317 2.398
201809 1.798 106.507 2.185
201812 1.526 105.998 1.863
201903 1.571 107.251 1.896
201906 2.378 108.070 2.848
201909 2.136 108.329 2.552
201912 1.590 108.420 1.898
202003 1.688 108.902 2.006
202006 -0.533 108.767 -0.634
202009 1.736 109.815 2.046
202012 1.555 109.897 1.831
202103 1.454 111.754 1.684
202106 1.711 114.631 1.932
202109 2.434 115.734 2.722
202112 2.268 117.630 2.495
202203 2.132 121.301 2.275
202206 2.045 125.017 2.117
202209 2.024 125.227 2.092
202212 1.850 125.222 1.912
202303 1.779 127.348 1.808
202306 1.583 128.729 1.591
202309 1.570 129.860 1.565
202312 1.513 129.419 1.513

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


Perpetua Resources  (TSX:PPTA) 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.

Perpetua Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.90/5.91
=1.34

* 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 Perpetua Resources was 1.50. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Perpetua Resources Cyclically Adjusted Book per Share Related Terms

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


Perpetua Resources (TSX:PPTA) Business Description

Traded in Other Exchanges
Address
405 S 8th Street, Suite 201, Boise, ID, USA, 83702
Perpetua Resources Corp is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open-pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States. It has one segment, mineral exploration in the United States.