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PAUFF (Shine Minerals) Cyclically Adjusted Book per Share : $1.11 (As of Mar. 2024)


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What is Shine Minerals 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.

Shine Minerals's adjusted book value per share for the three months ended in Mar. 2024 was $-0.026. 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 $1.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shine Minerals's average Cyclically Adjusted Book Growth Rate was -37.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -28.00% 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 Shine Minerals was 17.50% per year. The lowest was -37.00% per year. And the median was -16.35% per year.

As of today (2024-10-09), Shine Minerals's current stock price is $0.0208. Shine Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.11. Shine Minerals's Cyclically Adjusted PB Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shine Minerals was 0.11. The lowest was 0.00. And the median was 0.00.


Shine Minerals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shine Minerals'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.

Shine Minerals Cyclically Adjusted Book per Share Chart

Shine Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 3.36 2.66 1.28 1.24

Shine Minerals 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 1.28 1.24 0.61 0.91 1.11

Competitive Comparison of Shine Minerals's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Shine Minerals'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.


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

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

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



Shine Minerals 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, Shine Minerals'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)
=-0.026/126.2576*126.2576
=-0.026

Current CPI (Mar. 2024) = 126.2576.

Shine Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.070 99.473 3.897
201409 2.896 99.394 3.679
201412 2.701 98.367 3.467
201503 2.485 99.789 3.144
201506 2.420 100.500 3.040
201509 1.777 100.421 2.234
201512 1.683 99.947 2.126
201603 1.716 101.054 2.144
201606 0.130 102.002 0.161
201609 0.104 101.765 0.129
201612 0.074 101.449 0.092
201703 0.049 102.634 0.060
201706 -0.068 103.029 -0.083
201709 -0.087 103.345 -0.106
201712 -0.100 103.345 -0.122
201803 -0.112 105.004 -0.135
201806 -0.120 105.557 -0.144
201809 0.043 105.636 0.051
201812 0.033 105.399 0.040
201903 0.030 106.979 0.035
201906 0.075 107.690 0.088
201909 0.069 107.611 0.081
201912 0.065 107.769 0.076
202003 0.060 107.927 0.070
202006 -0.050 108.401 -0.058
202009 -0.019 108.164 -0.022
202012 -0.024 108.559 -0.028
202103 -0.027 110.298 -0.031
202106 -0.031 111.720 -0.035
202109 -0.033 112.905 -0.037
202112 -0.035 113.774 -0.039
202203 -0.039 117.646 -0.042
202206 -0.041 120.806 -0.043
202209 -0.041 120.648 -0.043
202212 -0.045 120.964 -0.047
202303 -0.049 122.702 -0.050
202306 -0.024 124.203 -0.024
202309 -0.018 125.230 -0.018
202312 -0.024 125.072 -0.024
202403 -0.026 126.258 -0.026

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


Shine Minerals  (OTCPK:PAUFF) 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.

Shine Minerals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0208/1.11
=0.02

* 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 Shine Minerals was 0.11. 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.


Shine Minerals Cyclically Adjusted Book per Share Related Terms

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


Shine Minerals Business Description

Traded in Other Exchanges
Address
1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Shine Minerals Corp is engaged in the acquisition, exploration, evaluation, and development of mineral resource assets. Its asset includes the Watts Lake Zinc project located in Saskatchewan.

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