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Sunshine Oilsands (Sunshine Oilsands) Cyclically Adjusted Book per Share : $3.61 (As of Mar. 2024)


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What is Sunshine Oilsands 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.

Sunshine Oilsands's adjusted book value per share for the three months ended in Mar. 2024 was $0.213. 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 $3.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sunshine Oilsands's average Cyclically Adjusted Book Growth Rate was -29.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.60% 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 Sunshine Oilsands was -17.60% per year. The lowest was -17.60% per year. And the median was -17.60% per year.

As of today (2024-05-26), Sunshine Oilsands's current stock price is $0.0455. Sunshine Oilsands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.61. Sunshine Oilsands's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sunshine Oilsands was 0.16. The lowest was 0.01. And the median was 0.04.


Sunshine Oilsands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sunshine Oilsands'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.

Sunshine Oilsands Cyclically Adjusted Book per Share Chart

Sunshine Oilsands 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 - 7.06 8.69 7.15 3.81

Sunshine Oilsands 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 13.27 5.11 4.34 3.81 3.61

Competitive Comparison of Sunshine Oilsands's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Sunshine Oilsands'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.


Sunshine Oilsands's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Sunshine Oilsands 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, Sunshine Oilsands'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)
=0.213/126.2576*126.2576
=0.213

Current CPI (Mar. 2024) = 126.2576.

Sunshine Oilsands Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.657 99.473 14.796
201409 11.464 99.394 14.562
201412 10.817 98.367 13.884
201503 9.574 99.789 12.113
201506 9.579 100.500 12.034
201509 8.400 100.421 10.561
201512 5.207 99.947 6.578
201603 5.376 101.054 6.717
201606 5.210 102.002 6.449
201609 4.918 101.765 6.102
201612 4.552 101.449 5.665
201703 4.214 102.634 5.184
201706 4.018 103.029 4.924
201709 4.261 103.345 5.206
201712 2.481 103.345 3.031
201803 2.189 105.004 2.632
201806 1.957 105.557 2.341
201809 1.865 105.636 2.229
201812 1.528 105.399 1.830
201903 1.384 106.979 1.633
201906 1.335 107.690 1.565
201909 1.203 107.611 1.411
201912 0.942 107.769 1.104
202003 0.744 107.927 0.870
202006 0.876 108.401 1.020
202009 0.827 108.164 0.965
202012 0.999 108.559 1.162
202103 1.000 110.298 1.145
202106 0.501 111.720 0.566
202109 0.573 112.905 0.641
202112 0.568 113.774 0.630
202203 0.757 117.646 0.812
202206 0.897 120.806 0.937
202209 0.943 120.648 0.987
202212 0.336 120.964 0.351
202303 0.298 122.702 0.307
202306 0.325 124.203 0.330
202309 0.272 125.230 0.274
202312 0.282 125.072 0.285
202403 0.213 126.258 0.213

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


Sunshine Oilsands  (OTCPK:SUNYF) 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.

Sunshine Oilsands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0455/3.61
=0.01

* 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 Sunshine Oilsands was 0.16. The lowest was 0.01. And the median was 0.04.


Be Aware

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


Sunshine Oilsands Cyclically Adjusted Book per Share Related Terms

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


Sunshine Oilsands (Sunshine Oilsands) Business Description

Industry
Traded in Other Exchanges
Address
715-5th Ave SW, Suite 1910, Calgary, AB, CAN, T2P 2X6
Sunshine Oilsands Ltd is a Canada-based company engaged in the exploration and development of oil properties for the production of bitumen in the Athabasca oil sands region in Alberta, Canada. Its projects include West Ells, Thickwood, Legend, Muskwa, Harper, and others. It operates in a single segment of mining, production, and sales of crude oil products.

Sunshine Oilsands (Sunshine Oilsands) Headlines