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Greencastle Resources (TSXV:VGN) Cyclically Adjusted Book per Share : C$0.17 (As of Jun. 2024)


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What is Greencastle 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.

Greencastle Resources's adjusted book value per share for the three months ended in Jun. 2024 was C$0.068. 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$0.17 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Greencastle Resources was 9.40% per year. The lowest was -4.70% per year. And the median was 2.30% per year.

As of today (2024-10-09), Greencastle Resources's current stock price is C$0.04. Greencastle Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$0.17. Greencastle Resources's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greencastle Resources was 1.65. The lowest was 0.20. And the median was 0.52.


Greencastle Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Greencastle 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.

Greencastle Resources Cyclically Adjusted Book per Share Chart

Greencastle Resources 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 0.14 0.13 0.15 0.16 0.17

Greencastle Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.17 0.17 0.17 0.17 0.17

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

For the Oil & Gas E&P subindustry, Greencastle 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.


Greencastle Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Greencastle Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.068/127.5217*127.5217
=0.068

Current CPI (Jun. 2024) = 127.5217.

Greencastle Resources Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.117 99.394 0.150
201412 0.112 98.367 0.145
201503 0.119 99.789 0.152
201506 0.112 100.500 0.142
201509 0.108 100.421 0.137
201512 0.094 99.947 0.120
201603 0.090 101.054 0.114
201606 0.093 102.002 0.116
201609 0.100 101.765 0.125
201612 0.090 101.449 0.113
201703 0.080 102.634 0.099
201706 0.089 103.029 0.110
201709 0.088 103.345 0.109
201712 0.149 103.345 0.184
201803 0.140 105.004 0.170
201806 0.137 105.557 0.166
201809 0.141 105.636 0.170
201812 0.128 105.399 0.155
201903 0.125 106.979 0.149
201906 0.121 107.690 0.143
201909 0.114 107.611 0.135
201912 0.114 107.769 0.135
202003 0.095 107.927 0.112
202006 0.111 108.401 0.131
202009 0.109 108.164 0.129
202012 0.194 108.559 0.228
202103 0.276 110.298 0.319
202106 0.309 111.720 0.353
202109 0.278 112.905 0.314
202112 0.294 113.774 0.330
202203 0.256 117.646 0.277
202206 0.258 120.806 0.272
202209 0.206 120.648 0.218
202212 0.214 120.964 0.226
202303 0.239 122.702 0.248
202306 0.252 124.203 0.259
202309 0.147 125.230 0.150
202312 0.121 125.072 0.123
202403 0.126 126.258 0.127
202406 0.068 127.522 0.068

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


Greencastle Resources  (TSXV:VGN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/0.17
=0.24

* 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 Greencastle Resources was 1.65. The lowest was 0.20. And the median was 0.52.


Be Aware

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


Greencastle Resources Cyclically Adjusted Book per Share Related Terms

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


Greencastle Resources Business Description

Industry
Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Greencastle Resources Ltd is a diversified company with interests in gold and base metals exploration and oil and gas exploration and royalties, as well as in strategic investments in other companies that are traded on the North American exchanges. The Company's reportable segments are; investments in private and public companies, oil and gas interests, and mining interests. The Company's investment segment comprises its investment in marketable securities and investment in private and public companies. The oil and gas segment is comprised of its oil and gas interests, and The mining segment is comprised of its mining interests in Canada and in the USA.
Executives
David Martin Director
Anthony Ralph Roodenburg Director, Senior Officer

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