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Serabi Gold (STU:B9O2) Cyclically Adjusted Book per Share : €1.38 (As of Mar. 2024)


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What is Serabi 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.

Serabi Gold's adjusted book value per share for the three months ended in Mar. 2024 was €1.138. 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 €1.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Serabi Gold's average Cyclically Adjusted Book Growth Rate was -6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -25.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -33.70% 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 Serabi Gold was -25.00% per year. The lowest was -41.90% per year. And the median was -36.60% per year.

As of today (2024-06-10), Serabi Gold's current stock price is €0.785. Serabi Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.38. Serabi Gold's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Serabi Gold was 0.58. The lowest was 0.03. And the median was 0.21.


Serabi Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Serabi 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.

Serabi Gold Cyclically Adjusted Book per Share Chart

Serabi 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 4.97 3.21 2.16 1.55 1.36

Serabi Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.38 1.35 1.43 1.36 1.38

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

For the Gold subindustry, Serabi 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.138/131.6000*131.6000
=1.138

Current CPI (Mar. 2024) = 131.6000.

Serabi Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.735 99.800 2.288
201409 1.652 100.000 2.174
201412 1.654 99.900 2.179
201503 1.582 99.600 2.090
201506 1.575 100.100 2.071
201509 1.255 100.200 1.648
201512 1.309 100.400 1.716
201603 1.437 100.400 1.884
201606 1.467 101.000 1.911
201609 1.549 101.500 2.008
201612 1.720 102.200 2.215
201703 1.753 102.700 2.246
201706 1.577 103.500 2.005
201709 1.551 104.300 1.957
201712 1.470 105.000 1.842
201803 0.985 105.100 1.233
201806 0.000 105.900 0.000
201809 1.013 106.600 1.251
201812 0.973 107.100 1.196
201903 1.054 107.000 1.296
201906 1.073 107.900 1.309
201909 1.040 108.400 1.263
201912 1.002 108.500 1.215
202003 0.853 108.600 1.034
202006 0.851 108.800 1.029
202009 0.851 109.200 1.026
202012 0.803 109.400 0.966
202103 0.000 109.700 0.000
202106 0.910 111.400 1.075
202109 0.897 112.400 1.050
202112 0.934 114.700 1.072
202203 1.086 116.500 1.227
202206 1.051 120.500 1.148
202209 1.060 122.300 1.141
202212 1.016 125.300 1.067
202303 1.036 126.800 1.075
202306 1.113 129.400 1.132
202309 1.089 130.100 1.102
202312 1.124 130.500 1.133
202403 1.138 131.600 1.138

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


Serabi Gold  (STU:B9O2) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.785/1.38
=0.57

* 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 Serabi Gold was 0.58. The lowest was 0.03. And the median was 0.21.


Be Aware

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


Serabi Gold Cyclically Adjusted Book per Share Related Terms

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


Serabi Gold (STU:B9O2) Business Description

Industry
Traded in Other Exchanges
Address
Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE
Serabi Gold PLC is a gold exploration and production company. It is involved in the evaluation and development of gold deposits in Brazil. The Group has only one business activity namely the conduct of gold mining and exploration in Brazil. The company has two geographical segments namely Brazil and the UK. It generates maximum revenue from the Brazil region. The company projects include Palito, Sao Chico Gold Mines, Coringa, Jardim do Ouro and Tapajos Regional Exploration. It derives its majority revenue from the sale of gold.

Serabi Gold (STU:B9O2) Headlines

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