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Victoria Gold (Victoria Gold) Cyclically Adjusted Book per Share : $5.35 (As of Mar. 2024)


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What is Victoria 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.

Victoria Gold's adjusted book value per share for the three months ended in Mar. 2024 was $6.424. 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 $5.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Victoria Gold's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Victoria Gold was 15.60% per year. The lowest was 0.50% per year. And the median was 6.50% per year.

As of today (2024-06-01), Victoria Gold's current stock price is $5.9175. Victoria Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.35. Victoria Gold's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Victoria Gold was 3.36. The lowest was 0.76. And the median was 1.51.


Victoria Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Victoria 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.

Victoria Gold Cyclically Adjusted Book per Share Chart

Victoria Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 4.65 4.95 5.02 5.46

Victoria Gold Quarterly Data
May19 Aug19 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 5.10 5.30 5.26 5.46 5.35

Competitive Comparison of Victoria Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Victoria 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.


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

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

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



Victoria 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, Victoria Gold'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)
=6.424/126.2576*126.2576
=6.424

Current CPI (Mar. 2024) = 126.2576.

Victoria Gold Quarterly Data

Book Value per Share CPI Adj_Book
201405 5.261 99.394 6.683
201408 5.273 99.315 6.703
201411 5.057 99.078 6.444
201502 4.382 99.078 5.584
201505 4.479 100.263 5.640
201508 4.148 100.579 5.207
201511 4.008 100.421 5.039
201602 3.798 100.421 4.775
201605 3.907 101.765 4.847
201608 4.174 101.686 5.183
201611 4.064 101.607 5.050
201702 4.189 102.476 5.161
201705 4.108 103.108 5.030
201708 4.396 103.108 5.383
201711 4.336 103.740 5.277
201802 4.411 104.688 5.320
201805 4.450 105.399 5.331
201808 4.475 106.031 5.329
201811 4.370 105.478 5.231
201902 4.213 106.268 5.005
201905 4.200 107.927 4.913
201908 3.982 108.085 4.651
201912 4.175 107.769 4.891
202003 3.390 107.927 3.966
202006 3.431 108.401 3.996
202009 3.763 108.164 4.392
202012 4.595 108.559 5.344
202103 5.102 110.298 5.840
202106 5.285 111.720 5.973
202109 5.504 112.905 6.155
202112 6.024 113.774 6.685
202203 6.377 117.646 6.844
202206 6.591 120.806 6.888
202209 6.194 120.648 6.482
202212 6.208 120.964 6.480
202303 6.188 122.702 6.367
202306 6.571 124.203 6.680
202309 6.516 125.230 6.569
202312 6.603 125.072 6.666
202403 6.424 126.258 6.424

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


Victoria Gold  (OTCPK:VITFF) 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.

Victoria Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.9175/5.35
=1.11

* 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 Victoria Gold was 3.36. The lowest was 0.76. And the median was 1.51.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Victoria Gold Cyclically Adjusted Book per Share Related Terms

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


Victoria Gold (Victoria Gold) Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse. The exploration potential of the company's 100% owned greater Dublin Gulch property is good and includes priority targets Olive-Shamrock and Nugget-Raven.

Victoria Gold (Victoria Gold) Headlines