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Guskin Gold (Guskin Gold) Cyclically Adjusted Book per Share : $-4.97 (As of Dec. 2023)


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What is Guskin 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.

Guskin Gold's adjusted book value per share for the three months ended in Dec. 2023 was $-0.050. 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 $-4.97 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.00% 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 Guskin Gold was -1.00% per year. The lowest was -1.00% per year. And the median was -1.00% per year.

As of today (2024-06-12), Guskin Gold's current stock price is $0.007. Guskin Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-4.97. Guskin Gold's Cyclically Adjusted PB Ratio of today is .


Guskin Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Guskin 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.

Guskin Gold Cyclically Adjusted Book per Share Chart

Guskin Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -5.10 -5.22 -5.43 -5.25

Guskin 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 -5.34 -5.33 -5.46 -5.25 -4.97

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

For the Gold subindustry, Guskin 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.


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

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

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



Guskin 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, Guskin 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)
=-0.05/129.4194*129.4194
=-0.050

Current CPI (Dec. 2023) = 129.4194.

Guskin Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 -9.222 99.695 -11.972
201406 -9.852 100.560 -12.679
201409 -10.454 100.428 -13.472
201412 -10.984 99.070 -14.349
201503 -11.452 99.621 -14.877
201506 -11.982 100.684 -15.402
201509 -13.007 100.392 -16.768
201512 -13.384 99.792 -17.358
201603 -14.013 100.470 -18.051
201606 -14.382 101.688 -18.304
201609 -14.903 101.861 -18.935
201612 -5.717 101.863 -7.264
201703 -5.708 102.862 -7.182
201706 -5.798 103.349 -7.261
201709 -0.575 104.136 -0.715
201712 -0.085 104.011 -0.106
201803 -0.009 105.290 -0.011
201806 0.003 106.317 0.004
201809 -0.003 106.507 -0.004
201812 -0.020 105.998 -0.024
201903 -0.003 107.251 -0.004
201906 -0.015 108.070 -0.018
201909 -0.026 108.329 -0.031
201912 -0.058 108.420 -0.069
202003 -0.070 108.902 -0.083
202006 -1.714 108.767 -2.039
202009 -0.076 109.815 -0.090
202012 -0.078 109.897 -0.092
202103 -0.057 111.754 -0.066
202106 -0.172 114.631 -0.194
202109 -0.228 115.734 -0.255
202112 -0.170 117.630 -0.187
202203 -0.158 121.301 -0.169
202206 -0.269 125.017 -0.278
202209 -0.096 125.227 -0.099
202212 -0.094 125.222 -0.097
202303 -0.078 127.348 -0.079
202306 -0.050 128.729 -0.050
202309 -0.054 129.860 -0.054
202312 -0.050 129.419 -0.050

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


Guskin Gold  (OTCPK:GKIN) 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.


Be Aware

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


Guskin Gold Cyclically Adjusted Book per Share Related Terms

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


Guskin Gold (Guskin Gold) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4500 Great America Parkway, Suite 100, PMB 38, Santa Clara, CA, USA, 95054
Guskin Gold Corp is an early-stage development company focusing on the acquisition and exploration of gold properties and the development of gold mining operations in the Republic of Ghana. It holds an interest in the Kukuom Gold project and The TEPA Gold Mine.
Executives
Scott J Silverman director, 10 percent owner, officer: CEO, CFO, Pres, Sec. & Treas 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134
Trig Special Purpose I, Llc 10 percent owner 590 MADISON AVENUE, SUITE 2127, NEW YORK NY 10022