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Pinnacle Silver and Gold (FRA:P9J) Cyclically Adjusted Book per Share : €0.12 (As of Jan. 2024)


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What is Pinnacle Silver and Gold 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.

Pinnacle Silver and Gold's adjusted book value per share for the three months ended in Jan. 2024 was €-0.006. 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 €0.12 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Pinnacle Silver and Gold's average Cyclically Adjusted Book Growth Rate was -13.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -18.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -17.10% 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 Pinnacle Silver and Gold was -14.40% per year. The lowest was -18.20% per year. And the median was -16.95% per year.

As of today (2024-06-03), Pinnacle Silver and Gold's current stock price is €0.0245. Pinnacle Silver and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €0.12. Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pinnacle Silver and Gold was 0.41. The lowest was 0.00. And the median was 0.00.


Pinnacle Silver and Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pinnacle Silver and 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.

Pinnacle Silver and Gold Cyclically Adjusted Book per Share Chart

Pinnacle Silver and Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.30 0.23 0.19 0.12

Pinnacle Silver and Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.17 0.12 0.12 0.11 0.12

Competitive Comparison of Pinnacle Silver and Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Pinnacle Silver and 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.


Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Pinnacle Silver and 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, Pinnacle Silver and Gold's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.006/125.0724*125.0724
=-0.006

Current CPI (Jan. 2024) = 125.0724.

Pinnacle Silver and Gold Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.214 98.920 0.271
201407 0.170 99.315 0.214
201410 0.149 99.473 0.187
201501 0.146 98.209 0.186
201504 0.149 99.710 0.187
201507 0.139 100.579 0.173
201510 0.128 100.500 0.159
201601 0.147 100.184 0.184
201604 0.153 101.370 0.189
201607 0.140 101.844 0.172
201610 0.131 102.002 0.161
201701 0.215 102.318 0.263
201704 0.245 103.029 0.297
201707 0.215 103.029 0.261
201710 0.161 103.424 0.195
201801 0.164 104.056 0.197
201804 0.146 105.320 0.173
201807 0.127 106.110 0.150
201810 0.150 105.952 0.177
201901 0.123 105.557 0.146
201904 0.112 107.453 0.130
201907 0.118 108.243 0.136
201910 0.111 107.927 0.129
202001 0.153 108.085 0.177
202004 0.099 107.216 0.115
202007 0.094 108.401 0.108
202010 0.096 108.638 0.111
202101 0.120 109.192 0.137
202104 0.134 110.851 0.151
202107 0.096 112.431 0.107
202110 0.081 113.695 0.089
202201 0.080 114.801 0.087
202204 0.007 118.357 0.007
202207 -0.003 120.964 -0.003
202210 -0.009 121.517 -0.009
202301 -0.005 121.596 -0.005
202304 0.007 123.571 0.007
202307 0.003 124.914 0.003
202310 -0.003 125.310 -0.003
202401 -0.006 125.072 -0.006

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


Pinnacle Silver and Gold  (FRA:P9J) 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.

Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0245/0.12
=0.20

* 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 Pinnacle Silver and Gold was 0.41. 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.


Pinnacle Silver and Gold Cyclically Adjusted Book per Share Related Terms

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


Pinnacle Silver and Gold (FRA:P9J) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 3B6
Newrange Gold Corp has signed a binding Definitive Agreement for an RTO with ASX-listed Mithril Resources to create a new Americas-focused precious metals exploration & development company. The flagship project will be the high-grade gold-silver Copalquin Project in the Sierra Madre of Mexico. The Company will also continue to focus on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Both projects lie within 10-12 kilometres of the Springpole Gold Deposit currently under development by First Mining Gold.

Pinnacle Silver and Gold (FRA:P9J) Headlines

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