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Chesapeake Gold (FRA:CKG) Cyclically Adjusted Book per Share : €1.70 (As of Dec. 2023)


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What is Chesapeake 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.

Chesapeake Gold's adjusted book value per share for the three months ended in Dec. 2023 was €1.512. 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 €1.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chesapeake Gold's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Chesapeake Gold was 5.20% per year. The lowest was -2.00% per year. And the median was 2.00% per year.

As of today (2024-05-22), Chesapeake Gold's current stock price is €1.80. Chesapeake Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €1.70. Chesapeake Gold's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chesapeake Gold was 1.10. The lowest was 0.00. And the median was 0.00.


Chesapeake Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chesapeake 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.

Chesapeake Gold Cyclically Adjusted Book per Share Chart

Chesapeake Gold 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 1.27 1.27 1.44 1.66 1.70

Chesapeake Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.66 1.47 1.43 1.61 1.70

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

For the Other Precious Metals & Mining subindustry, Chesapeake 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.


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

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

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



Chesapeake 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, Chesapeake Gold'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)
=1.512/125.0724*125.0724
=1.512

Current CPI (Dec. 2023) = 125.0724.

Chesapeake Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.311 98.604 1.663
201406 1.359 99.473 1.709
201409 1.406 99.394 1.769
201412 1.379 98.367 1.753
201503 1.443 99.789 1.809
201506 1.402 100.500 1.745
201509 1.296 100.421 1.614
201512 1.267 99.947 1.586
201603 1.270 101.054 1.572
201606 1.330 102.002 1.631
201609 1.311 101.765 1.611
201612 1.362 101.449 1.679
201703 1.326 102.634 1.616
201706 1.261 103.029 1.531
201709 1.285 103.345 1.555
201712 1.253 103.345 1.516
201803 1.173 105.004 1.397
201806 1.224 105.557 1.450
201809 1.225 105.636 1.450
201812 1.195 105.399 1.418
201903 1.209 106.979 1.413
201906 1.212 107.690 1.408
201909 1.278 107.611 1.485
201912 1.265 107.769 1.468
202003 1.207 107.927 1.399
202006 1.229 108.401 1.418
202009 1.352 108.164 1.563
202012 1.339 108.559 1.543
202103 1.625 110.298 1.843
202106 1.644 111.720 1.840
202109 1.615 112.905 1.789
202112 1.647 113.774 1.811
202203 1.721 117.646 1.830
202206 1.755 120.806 1.817
202209 1.783 120.648 1.848
202212 1.557 120.964 1.610
202303 1.512 122.702 1.541
202306 1.521 124.203 1.532
202309 1.508 125.230 1.506
202312 1.512 125.072 1.512

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


Chesapeake Gold  (FRA:CKG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.80/1.7
=1.06

* 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 Chesapeake Gold was 1.10. 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.


Chesapeake Gold Cyclically Adjusted Book per Share Related Terms

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


Chesapeake Gold (FRA:CKG) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Chesapeake Gold Corp is a development-stage company engaged in the exploration, development, and recovery of precious metals. The company focuses on the development of its Metates project in Durango State, Mexico. Its other projects are El Duraznito, Yarely, Cerro Minas, La Gitana, and La Cecilia in Mexico; and Talapoosa in the United States.

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