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Phenom Resources (TSXV:PHNM) Cyclically Adjusted Book per Share : C$0.14 (As of Feb. 2024)


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What is Phenom 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.

Phenom Resources's adjusted book value per share for the three months ended in Feb. 2024 was C$0.189. 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$0.14 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.50% 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 Phenom Resources was -4.40% per year. The lowest was -23.70% per year. And the median was -19.50% per year.

As of today (2024-06-08), Phenom Resources's current stock price is C$0.465. Phenom Resources's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.14. Phenom Resources's Cyclically Adjusted PB Ratio of today is 3.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Phenom Resources was 3.84. The lowest was 0.00. And the median was 0.00.


Phenom Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Phenom 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.

Phenom Resources Cyclically Adjusted Book per Share Chart

Phenom Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.16 0.13 0.14 0.14

Phenom Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.14 0.14 0.14 0.14 0.14

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

For the Gold subindustry, Phenom 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.


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

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

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



Phenom 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, Phenom Resources's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.189/125.4675*125.4675
=0.189

Current CPI (Feb. 2024) = 125.4675.

Phenom Resources Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.074 99.394 0.093
201408 0.066 99.315 0.083
201411 0.061 99.078 0.077
201502 0.057 99.078 0.072
201505 0.048 100.263 0.060
201508 0.052 100.579 0.065
201511 0.027 100.421 0.034
201602 0.025 100.421 0.031
201605 0.021 101.765 0.026
201608 0.020 101.686 0.025
201611 0.018 101.607 0.022
201702 0.016 102.476 0.020
201705 0.013 103.108 0.016
201708 0.008 103.108 0.010
201711 0.069 103.740 0.083
201802 0.058 104.688 0.070
201805 0.130 105.399 0.155
201808 0.134 106.031 0.159
201811 0.204 105.478 0.243
201902 0.184 106.268 0.217
201905 0.181 107.927 0.210
201908 0.183 108.085 0.212
201911 0.179 107.769 0.208
202002 0.175 108.559 0.202
202005 0.173 107.532 0.202
202008 0.164 108.243 0.190
202011 0.164 108.796 0.189
202102 0.162 109.745 0.185
202105 0.206 111.404 0.232
202108 0.210 112.668 0.234
202111 0.200 113.932 0.220
202202 0.228 115.986 0.247
202205 0.217 120.016 0.227
202208 0.216 120.569 0.225
202211 0.204 121.675 0.210
202302 0.202 122.070 0.208
202305 0.194 124.045 0.196
202308 0.195 125.389 0.195
202311 0.192 125.468 0.192
202402 0.189 125.468 0.189

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


Phenom Resources  (TSXV:PHNM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.465/0.14
=3.32

* 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 Phenom Resources was 3.84. 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.


Phenom Resources Cyclically Adjusted Book per Share Related Terms

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


Phenom Resources (TSXV:PHNM) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Phenom Resources Corp is engaged in the exploration of gold, copper and vanadium projects. It has a single industry segment, being the acquisition, exploration and development of mineral properties.
Executives
Kenneth Michael Mracek Director

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