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SRKZF (Sky Gold) Cyclically Adjusted Book per Share : $0.75 (As of Dec. 2024)


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What is Sky 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.

Sky Gold's adjusted book value per share for the three months ended in Dec. 2024 was $0.008. 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 $0.75 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -70.60% 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 Sky Gold was -17.20% per year. The lowest was -70.60% per year. And the median was -39.10% per year.

As of today (2025-05-18), Sky Gold's current stock price is $0.0299. Sky Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.75. Sky Gold's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sky Gold was 0.03. The lowest was 0.00. And the median was 0.00.


Sky Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sky 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.

Sky Gold Cyclically Adjusted Book per Share Chart

Sky Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.44 16.19 6.16 -3.00 0.35

Sky Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.51 -0.89 0.35 0.71 0.75

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

For the Other Industrial Metals & Mining subindustry, Sky 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.


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

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

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


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Sky 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, Sky Gold's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.008/127.3637*127.3637
=0.008

Current CPI (Dec. 2024) = 127.3637.

Sky Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.652 99.789 4.661
201506 4.554 100.500 5.771
201509 4.098 100.421 5.197
201512 3.868 99.947 4.929
201603 -2.764 101.054 -3.484
201606 -0.262 102.002 -0.327
201609 1.050 101.765 1.314
201612 1.360 101.449 1.707
201703 1.088 102.634 1.350
201706 1.059 103.029 1.309
201709 1.119 103.345 1.379
201712 1.324 103.345 1.632
201803 1.210 105.004 1.468
201806 1.082 105.557 1.306
201809 0.812 105.636 0.979
201812 0.743 105.399 0.898
201903 0.685 106.979 0.816
201906 0.505 107.690 0.597
201909 0.117 107.611 0.138
201912 0.095 107.769 0.112
202003 0.100 107.927 0.118
202006 0.095 108.401 0.112
202009 0.147 108.164 0.173
202012 0.148 108.559 0.174
202103 0.146 110.298 0.169
202106 0.183 111.720 0.209
202109 0.172 112.905 0.194
202112 0.166 113.774 0.186
202203 0.164 117.646 0.178
202206 0.159 120.806 0.168
202209 0.145 120.648 0.153
202212 0.137 120.964 0.144
202303 0.133 122.702 0.138
202306 0.010 124.203 0.010
202309 0.007 125.230 0.007
202312 0.009 125.072 0.009
202403 0.008 126.258 0.008
202406 0.011 127.522 0.011
202409 0.010 127.285 0.010
202412 0.008 127.364 0.008

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


Sky Gold  (OTCPK:SRKZF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0299/0.75
=0.04

* 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 Sky Gold was 0.03. 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.


Sky Gold Cyclically Adjusted Book per Share Related Terms

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


Sky Gold Business Description

Industry
Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Sky Gold Corp is an exploration-stage company operating in Canada. It is engaged in the process of exploring and developing its resource properties. The company's project includes Mustang Property, Virginia Property, Horne, Laurie, Ontario Nikel. Imperial and Clone Gold Property and Evening Star. Geographically, it operates in Canada and the United States. It earns its maximum revenue from Canada.