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GoviEx Uranium (TSXV:GXU) Cyclically Adjusted Book per Share : C$0.31 (As of Dec. 2023)


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What is GoviEx Uranium 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.

GoviEx Uranium's adjusted book value per share for the three months ended in Dec. 2023 was C$0.115. 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$0.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GoviEx Uranium's average Cyclically Adjusted Book Growth Rate was -3.10% 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.

As of today (2024-05-22), GoviEx Uranium's current stock price is C$0.115. GoviEx Uranium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.31. GoviEx Uranium's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of GoviEx Uranium was 0.68. The lowest was 0.00. And the median was 0.00.


GoviEx Uranium Cyclically Adjusted Book per Share Historical Data

The historical data trend for GoviEx Uranium'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.

GoviEx Uranium Cyclically Adjusted Book per Share Chart

GoviEx Uranium 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 - - - 0.32 0.31

GoviEx Uranium 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 0.32 0.32 0.32 0.32 0.31

Competitive Comparison of GoviEx Uranium's Cyclically Adjusted Book per Share

For the Uranium subindustry, GoviEx Uranium'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.


GoviEx Uranium's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, GoviEx Uranium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GoviEx Uranium 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, GoviEx Uranium'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)
=0.115/125.0724*125.0724
=0.115

Current CPI (Dec. 2023) = 125.0724.

GoviEx Uranium Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.324 98.604 0.411
201406 1.057 99.473 1.329
201409 1.019 99.394 1.282
201412 0.404 98.367 0.514
201503 0.419 99.789 0.525
201506 0.404 100.500 0.503
201509 0.387 100.421 0.482
201512 0.390 99.947 0.488
201603 0.381 101.054 0.472
201606 0.266 102.002 0.326
201609 0.271 101.765 0.333
201612 0.245 101.449 0.302
201703 0.231 102.634 0.282
201706 0.234 103.029 0.284
201709 0.213 103.345 0.258
201712 0.213 103.345 0.258
201803 0.214 105.004 0.255
201806 0.220 105.557 0.261
201809 0.216 105.636 0.256
201812 0.218 105.399 0.259
201903 0.214 106.979 0.250
201906 0.208 107.690 0.242
201909 0.181 107.611 0.210
201912 0.171 107.769 0.198
202003 0.172 107.927 0.199
202006 0.165 108.401 0.190
202009 0.156 108.164 0.180
202012 0.148 108.559 0.171
202103 0.146 110.298 0.166
202106 0.137 111.720 0.153
202109 0.137 112.905 0.152
202112 0.138 113.774 0.152
202203 0.125 117.646 0.133
202206 0.129 120.806 0.134
202209 0.122 120.648 0.126
202212 0.133 120.964 0.138
202303 0.128 122.702 0.130
202306 0.124 124.203 0.125
202309 0.119 125.230 0.119
202312 0.115 125.072 0.115

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


GoviEx Uranium  (TSXV:GXU) 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.

GoviEx Uranium's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.115/0.31
=0.37

* 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 11 years, the highest Cyclically Adjusted PB Ratio of GoviEx Uranium was 0.68. 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.


GoviEx Uranium Cyclically Adjusted Book per Share Related Terms

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


GoviEx Uranium (TSXV:GXU) Business Description

Industry
Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
GoviEx Uranium Inc is a Canada-based company involved in the industrial metals and mining business sector. It is focused on the evaluation and development of uranium properties located in the Republic of Niger. The asset portfolio of the company includes uranium development projects, including the Madaouela project in Niger, the Mutanga project in Zambia, and Falea in Mali. The Company has one business segment, exploring mineral properties, with its primary project in Niger.
Executives
Robert Hanson Director

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