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SolGold (LSE:SOLG) Cyclically Adjusted Book per Share : £0.12 (As of Dec. 2023)


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What is SolGold 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.

SolGold's adjusted book value per share for the three months ended in Dec. 2023 was £0.077. 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 £0.12 for the trailing ten years ended in Dec. 2023.

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 (2024-05-26), SolGold's current stock price is £0.0947. SolGold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was £0.12. SolGold's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SolGold was 1.99. The lowest was 0.00. And the median was 0.00.


SolGold Cyclically Adjusted Book per Share Historical Data

The historical data trend for SolGold'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.

SolGold Cyclically Adjusted Book per Share Chart

SolGold 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 - - - - 0.12

SolGold Quarterly Data
Dec16 Jun17 Sep17 Dec17 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 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 - - - 0.12 0.12

Competitive Comparison of SolGold's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, SolGold'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.


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

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

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



SolGold 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, SolGold'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)
=0.077/130.5000*130.5000
=0.077

Current CPI (Dec. 2023) = 130.5000.

SolGold Quarterly Data

Book Value per Share CPI Adj_Book
200706 0.165 83.500 0.258
200712 0.170 84.500 0.263
200806 0.185 86.600 0.279
200812 0.144 87.100 0.216
200906 0.143 88.100 0.212
200912 0.151 88.900 0.222
201006 0.095 90.200 0.137
201012 0.133 91.700 0.189
201106 0.133 93.500 0.186
201112 0.130 95.000 0.179
201206 0.083 95.600 0.113
201212 0.067 97.300 0.090
201306 0.020 98.000 0.027
201312 0.022 99.200 0.029
201406 0.025 99.800 0.033
201412 0.022 99.900 0.029
201506 0.020 100.100 0.026
201512 0.018 100.400 0.023
201606 0.019 101.000 0.025
201609 0.000 101.500 0.000
201612 0.044 102.200 0.056
201706 0.065 103.500 0.082
201709 0.062 104.300 0.078
201712 0.079 105.000 0.098
201806 0.076 105.900 0.094
201809 0.077 106.600 0.094
201812 0.103 107.100 0.126
201906 0.102 107.900 0.123
201912 0.100 108.500 0.120
202006 0.109 108.800 0.131
202012 0.101 109.400 0.120
202103 0.000 109.700 0.000
202106 0.104 111.400 0.122
202112 0.105 114.700 0.119
202203 0.102 116.500 0.114
202206 0.118 120.500 0.128
202212 0.117 125.300 0.122
202303 0.088 126.800 0.091
202306 0.083 129.400 0.084
202312 0.077 130.500 0.077

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


SolGold  (LSE:SOLG) 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.

SolGold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0947/0.12
=0.79

* 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 SolGold was 1.99. 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.


SolGold Cyclically Adjusted Book per Share Related Terms

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


SolGold (LSE:SOLG) Business Description

Industry
Traded in Other Exchanges
Address
1 King Street, London, GBR, EC2V 8AU
SolGold PLC is a developer of an exploration company intended to explore gold and copper mining properties. The company's platform helps in the discovery, definition and development of world-class copper-gold deposits, enabling systematic and discipline exploration of both metals.

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