SDEV (Stablecoin Development) Cyclically Adjusted Book per Share: $1,172.12 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SDEV Stablecoin Development Corp SDEV
33 GF Score
Price $0.84
! 1 Warning Sign
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What is Stablecoin Development Cyclically Adjusted Book per Share?

Stablecoin Development SDEV +0.62% 33 Cyclically Adjusted Book per Share is $1,172.12 as of Jun. 2026. GuruFocus rates SDEV with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

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.

Stablecoin Development's adjusted book value per share for the three months ended in Jun. 2026 was $2.515. 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 $1,172.12 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Stablecoin Development's average Cyclically Adjusted Book Growth Rate was 71.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Stablecoin Development was 23.30% per year. The lowest was 0.60% per year. And the median was 13.40% per year.

As of today (2026-09-17), Stablecoin Development's current stock price is $0.8412. Stablecoin Development's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1,172.12. Stablecoin Development's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stablecoin Development was 70.29. The lowest was 0.01. And the median was 4.73.


Stablecoin Development  (AMEX:SDEV) 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.

Stablecoin Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.8412/1172.123
=0.00

* 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 Stablecoin Development was 70.29. The lowest was 0.01. And the median was 4.73.


Be Aware

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


Stablecoin Development Cyclically Adjusted Book per Share Related Terms


Stablecoin Development Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Stablecoin Development'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.

Stablecoin Development Cyclically Adjusted Book per Share Chart

Stablecoin Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,147.85 4,399.46 702.74 -13.36 1,210.99

Stablecoin Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
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 880.97 544.10 531.92 853.55 1,172.12

SDEV vs MGLD, FMY, TGE: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Stablecoin Development'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.


Stablecoin Development Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Stablecoin Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SDEV
33GF Score
Stablecoin Development Corp SDEV
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Stablecoin Development 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, Stablecoin Development's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.515/333.9520*333.9520
=2.515

Current CPI (Jun. 2026) = 333.9520.

Stablecoin Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 -1,650.156 241.018 -2,286.439
201609 2,768.002 241.428 3,828.801
201612 2,848.492 241.432 3,940.073
201703 1,745.192 243.801 2,390.517
201706 1,283.893 244.955 1,750.357
201709 730.486 246.819 988.365
201712 1,032.710 246.524 1,398.953
201803 3,179.523 249.554 4,254.823
201806 2,662.685 251.989 3,528.761
201809 2,171.653 252.439 2,872.884
201812 1,775.601 251.233 2,360.221
201903 404.512 254.202 531.418
201906 493.061 256.143 642.839
201909 710.395 256.759 923.971
201912 213.316 256.974 277.216
202003 -75.698 258.115 -97.939
202006 173.773 257.797 225.107
202009 2,036.093 260.280 2,612.407
202012 1,805.748 260.474 2,315.138
202103 1,610.044 264.877 2,029.914
202106 1,538.835 271.696 1,891.441
202109 1,276.161 274.310 1,553.631
202112 1,216.777 278.802 1,457.468
202203 2,041.349 287.504 2,371.141
202206 1,736.903 296.311 1,957.545
202209 1,245.395 296.808 1,401.250
202212 651.929 296.797 733.542
202303 508.833 301.836 562.974
202306 267.400 305.109 292.678
202309 135.626 307.789 147.155
202312 21.246 306.746 23.130
202403 -7.240 312.332 -7.741
202406 -2.311 314.175 -2.456
202409 1.091 315.301 1.156
202412 -0.138 315.605 -0.146
202503 5.297 319.799 5.531
202506 3.641 322.561 3.770
202509 -2.232 324.800 -2.295
202603 5.196 330.213 5.255
202606 2.515 333.952 2.515

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

What does a Cyclically Adjusted Book per Share of $1,172.12 mean?
Stablecoin Development (SDEV) has a Cyclically Adjusted Book per Share of $1,172.12 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Stablecoin Development and its competitors.
Is Stablecoin Development's Cyclically Adjusted Book per Share too high?
Stablecoin Development's current Cyclically Adjusted Book per Share is $1,172.12. Overall, Stablecoin Development has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Stablecoin Development's Cyclically Adjusted Book per Share compare to MGLD and FMY?
Stablecoin Development's Cyclically Adjusted Book per Share of $1,172.12 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Stablecoin Development and its competitors. Stablecoin Development's current Cyclically Adjusted Book per Share is $1,172.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stablecoin Development stock overvalued right now?
Stablecoin Development (SDEV) has a current Cyclically Adjusted Book per Share of $1,172.12. The current Cyclically Adjusted Book per Share is $1,172.12. Stablecoin Development's overall GF Score™ is 33/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Stablecoin Development (SDEV), the current Cyclically Adjusted Book per Share is $1,172.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Stablecoin Development Business Description

Address 2000 Powell Street, Suite 1150, Emeryville, CA, USA, 94608
Stablecoin Development Corp is an on-chain holding company focused on long-duration participation in protocol-aligned digital asset ecosystems. The Company's initial digital asset focus is the Sky protocol ecosystem, with SKY as its core holding. Through staking and other on-chain activities, the Company seeks to generate protocol-level economic returns while maintaining rigorous governance and risk management oversight.
33GF Score

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Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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