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AnorTech (TSXV:ANOR) Cyclically Adjusted Book per Share : C$0.06 (As of Dec. 2023)


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What is AnorTech 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.

AnorTech's adjusted book value per share for the three months ended in Dec. 2023 was C$0.020. 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$0.06 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -19.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -15.20% 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 AnorTech was -1.30% per year. The lowest was -20.60% per year. And the median was -16.40% per year.

As of today (2024-05-26), AnorTech's current stock price is C$0.04. AnorTech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.06. AnorTech's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AnorTech was 0.69. The lowest was 0.00. And the median was 0.00.


AnorTech Cyclically Adjusted Book per Share Historical Data

The historical data trend for AnorTech'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.

AnorTech Cyclically Adjusted Book per Share Chart

AnorTech 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 0.14 0.12 0.09 0.07 0.06

AnorTech 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 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of AnorTech's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, AnorTech'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.


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

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

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



AnorTech 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, AnorTech'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)
=0.02/125.0724*125.0724
=0.020

Current CPI (Dec. 2023) = 125.0724.

AnorTech Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.045 98.604 0.057
201406 0.042 99.473 0.053
201409 0.035 99.394 0.044
201412 0.031 98.367 0.039
201503 0.027 99.789 0.034
201506 0.022 100.500 0.027
201509 0.053 100.421 0.066
201512 0.037 99.947 0.046
201603 0.032 101.054 0.040
201606 0.025 102.002 0.031
201609 0.029 101.765 0.036
201612 0.020 101.449 0.025
201703 0.105 102.634 0.128
201706 0.081 103.029 0.098
201709 0.064 103.345 0.077
201712 0.069 103.345 0.084
201803 0.075 105.004 0.089
201806 0.147 105.557 0.174
201809 0.141 105.636 0.167
201812 0.141 105.399 0.167
201903 0.122 106.979 0.143
201906 0.125 107.690 0.145
201909 0.091 107.611 0.106
201912 0.073 107.769 0.085
202003 0.051 107.927 0.059
202006 0.048 108.401 0.055
202009 0.069 108.164 0.080
202012 0.075 108.559 0.086
202103 0.025 110.298 0.028
202106 0.017 111.720 0.019
202109 0.008 112.905 0.009
202112 -0.003 113.774 -0.003
202203 -0.005 117.646 -0.005
202206 -0.005 120.806 -0.005
202209 -0.006 120.648 -0.006
202212 -0.005 120.964 -0.005
202303 -0.006 122.702 -0.006
202306 0.019 124.203 0.019
202309 0.018 125.230 0.018
202312 0.020 125.072 0.020

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


AnorTech  (TSXV:ANOR) 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.

AnorTech's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/0.06
=0.67

* 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 AnorTech was 0.69. 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.


AnorTech Cyclically Adjusted Book per Share Related Terms

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


AnorTech (TSXV:ANOR) Business Description

Industry
Traded in Other Exchanges
Address
701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
Hudson Resources Inc is a Canada-based company. The firm is in the business of, developing, and mining mineral resources located in Greenland and is focused on its wholly owned Nukittooq niobium/tantalum project and its Sarfartoq Rare Earth Element (REE) projects and continues to support production from the White Mountain Project, located on its Naajat anorthosite mineral license holding.
Executives
Donna Louise Phillips Director

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