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Abrasilver Resource (TSXV:ABRA) Cyclically Adjusted Book per Share : C$0.11 (As of Mar. 2024)


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What is Abrasilver Resource 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.

Abrasilver Resource's adjusted book value per share for the three months ended in Mar. 2024 was C$0.183. 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$0.11 for the trailing ten years ended in Mar. 2024.

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 Abrasilver Resource was 36.00% per year. The lowest was -141.60% per year. And the median was -6.80% per year.

As of today (2024-06-10), Abrasilver Resource's current stock price is C$2.36. Abrasilver Resource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.11. Abrasilver Resource's Cyclically Adjusted PB Ratio of today is 21.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abrasilver Resource was 91.41. The lowest was 0.00. And the median was 0.00.


Abrasilver Resource Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abrasilver Resource'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.

Abrasilver Resource Cyclically Adjusted Book per Share Chart

Abrasilver Resource 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 -1.41 -1.18 -0.79 -0.37 0.09

Abrasilver Resource Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.25 -0.11 0.03 0.09 0.11

Competitive Comparison of Abrasilver Resource's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Abrasilver Resource'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.


Abrasilver Resource's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Abrasilver Resource 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, Abrasilver Resource's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.183/126.2576*126.2576
=0.183

Current CPI (Mar. 2024) = 126.2576.

Abrasilver Resource Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.348 99.473 -0.442
201409 -0.365 99.394 -0.464
201412 -0.382 98.367 -0.490
201503 -0.401 99.789 -0.507
201506 -0.426 100.500 -0.535
201509 -0.447 100.421 -0.562
201512 -0.462 99.947 -0.584
201603 -0.479 101.054 -0.598
201606 -0.503 102.002 -0.623
201609 -0.511 101.765 -0.634
201612 -0.033 101.449 -0.041
201703 -0.029 102.634 -0.036
201706 0.593 103.029 0.727
201709 0.565 103.345 0.690
201712 0.284 103.345 0.347
201803 0.353 105.004 0.424
201806 0.314 105.557 0.376
201809 0.303 105.636 0.362
201812 0.187 105.399 0.224
201903 0.191 106.979 0.225
201906 0.177 107.690 0.208
201909 0.280 107.611 0.329
201912 0.227 107.769 0.266
202003 0.215 107.927 0.252
202006 0.200 108.401 0.233
202009 0.419 108.164 0.489
202012 0.380 108.559 0.442
202103 0.408 110.298 0.467
202106 0.430 111.720 0.486
202109 0.420 112.905 0.470
202112 0.330 113.774 0.366
202203 0.347 117.646 0.372
202206 0.316 120.806 0.330
202209 0.308 120.648 0.322
202212 0.301 120.964 0.314
202303 0.253 122.702 0.260
202306 0.234 124.203 0.238
202309 0.215 125.230 0.217
202312 0.189 125.072 0.191
202403 0.183 126.258 0.183

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


Abrasilver Resource  (TSXV:ABRA) 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.

Abrasilver Resource's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.36/0.11
=21.45

* 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 Abrasilver Resource was 91.41. 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.


Abrasilver Resource Cyclically Adjusted Book per Share Related Terms

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


Abrasilver Resource (TSXV:ABRA) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Abrasilver Resource Corp is a mineral exploration company that offers investors exposure to silver, gold, and copper through projects at various stages of exploration, from drill-ready to PEA stage. It provides major leverage to silver and gold through its interest in the Diablillos project in the mining Salta province in Argentina.
Executives
Nicholas Teasdale Director

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