GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golconda Gold Ltd (FRA:Y87) » Definitions » Cyclically Adjusted Book per Share

Golconda Gold (FRA:Y87) Cyclically Adjusted Book per Share : €0.45 (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Golconda 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.

Golconda Gold's adjusted book value per share for the three months ended in Jun. 2024 was €0.386. 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 €0.45 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Golconda Gold's average Cyclically Adjusted Book Growth Rate was -10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.40% 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 Golconda Gold was -1.20% per year. The lowest was -9.80% per year. And the median was -6.20% per year.

As of today (2024-09-27), Golconda Gold's current stock price is €0.157. Golconda Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.45. Golconda Gold's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Golconda Gold was 1.31. The lowest was 0.11. And the median was 0.30.


Golconda Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Golconda 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.

Golconda Gold Cyclically Adjusted Book per Share Chart

Golconda 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 0.76 0.83 0.82 0.70 0.62

Golconda Gold 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 0.62 0.45 0.62 0.53 0.45

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

For the Gold subindustry, Golconda 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.


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

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

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



Golconda 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, Golconda Gold'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)
=0.386/127.5217*127.5217
=0.386

Current CPI (Jun. 2024) = 127.5217.

Golconda Gold Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.148 99.394 1.473
201412 1.229 98.367 1.593
201503 1.310 99.789 1.674
201506 1.113 100.500 1.412
201509 1.085 100.421 1.378
201512 0.767 99.947 0.979
201603 0.681 101.054 0.859
201606 0.633 102.002 0.791
201609 0.597 101.765 0.748
201612 0.523 101.449 0.657
201703 0.378 102.634 0.470
201706 0.321 103.029 0.397
201709 0.341 103.345 0.421
201712 0.406 103.345 0.501
201803 0.350 105.004 0.425
201806 0.441 105.557 0.533
201809 0.406 105.636 0.490
201812 0.328 105.399 0.397
201903 0.337 106.979 0.402
201906 0.346 107.690 0.410
201909 0.375 107.611 0.444
201912 0.260 107.769 0.308
202003 0.296 107.927 0.350
202006 0.285 108.401 0.335
202009 0.329 108.164 0.388
202012 0.384 108.559 0.451
202103 0.386 110.298 0.446
202106 0.411 111.720 0.469
202109 0.464 112.905 0.524
202112 0.425 113.774 0.476
202203 0.438 117.646 0.475
202206 0.474 120.806 0.500
202209 0.494 120.648 0.522
202212 0.442 120.964 0.466
202303 0.425 122.702 0.442
202306 0.415 124.203 0.426
202309 0.421 125.230 0.429
202312 0.402 125.072 0.410
202403 0.393 126.258 0.397
202406 0.386 127.522 0.386

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


Golconda Gold  (FRA:Y87) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.157/0.45
=0.35

* 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 Golconda Gold was 1.31. The lowest was 0.11. And the median was 0.30.


Be Aware

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


Golconda Gold Cyclically Adjusted Book per Share Related Terms

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


Golconda Gold Business Description

Industry
Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Mupane in Botswana; Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has one reportable segment, being the exploration, development and operation of gold mining properties.

Golconda Gold Headlines

No Headlines