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Skeena Resources (TSX:SKE) Cyclically Adjusted Book per Share : C$1.53 (As of Mar. 2025)


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What is Skeena Resources 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.

Skeena Resources's adjusted book value per share for the three months ended in Mar. 2025 was C$1.185. 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 C$1.53 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Skeena Resources's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -22.50% 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 Skeena Resources was 4.30% per year. The lowest was -43.70% per year. And the median was -16.00% per year.

As of today (2025-05-27), Skeena Resources's current stock price is C$16.99. Skeena Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$1.53. Skeena Resources's Cyclically Adjusted PB Ratio of today is 11.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skeena Resources was 11.13. The lowest was 0.00. And the median was 0.00.


Skeena Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Skeena Resources'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.

Skeena Resources Cyclically Adjusted Book per Share Chart

Skeena Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.35 1.26 1.39 1.53

Skeena Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.42 1.50 1.57 1.53 1.53

Competitive Comparison of Skeena Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Skeena Resources'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.


Skeena Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Skeena Resources 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, Skeena Resources's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.185/129.1809*129.1809
=1.185

Current CPI (Mar. 2025) = 129.1809.

Skeena Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.825 100.500 2.346
201509 1.122 100.421 1.443
201512 1.274 99.947 1.647
201603 1.170 101.054 1.496
201606 1.619 102.002 2.050
201609 1.603 101.765 2.035
201612 1.515 101.449 1.929
201703 1.429 102.634 1.799
201706 1.398 103.029 1.753
201709 1.203 103.345 1.504
201712 1.149 103.345 1.436
201803 1.235 105.004 1.519
201806 1.025 105.557 1.254
201809 0.892 105.636 1.091
201812 0.759 105.399 0.930
201903 0.699 106.979 0.844
201906 0.660 107.690 0.792
201909 0.487 107.611 0.585
201912 0.344 107.769 0.412
202003 0.467 107.927 0.559
202006 0.893 108.401 1.064
202009 0.498 108.164 0.595
202012 2.011 108.559 2.393
202103 1.759 110.298 2.060
202106 2.291 111.720 2.649
202109 1.987 112.905 2.273
202112 1.889 113.774 2.145
202203 2.025 117.646 2.224
202206 1.823 120.806 1.949
202209 1.764 120.648 1.889
202212 1.767 120.964 1.887
202303 1.589 122.702 1.673
202306 2.011 124.203 2.092
202309 1.588 125.230 1.638
202312 1.379 125.072 1.424
202403 1.123 126.258 1.149
202406 1.599 127.522 1.620
202409 0.842 127.285 0.855
202412 0.842 127.364 0.854
202503 1.185 129.181 1.185

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


Skeena Resources  (TSX:SKE) 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.

Skeena Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.99/1.53
=11.10

* 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 Skeena Resources was 11.13. 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.


Skeena Resources Cyclically Adjusted Book per Share Related Terms

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


Skeena Resources Business Description

Traded in Other Exchanges
Address
1133 Melville Street, Suite 2600, Vancouver, BC, CAN, V6E 4E5
Skeena Resources Ltd is a mining company in development stage focusing on the construction and development of the Eskay Creek project in British Columbia. Eskay Creek is the next global gold development project and represents one of the highest-grade and lowest-cost open-pit precious metals mines, with substantial silver by-product production.
Executives
Craig Andrew Parry Director
Randy Reichert Senior Officer
Andrew Macritchie Senior Officer
Justin Reed Himmelright Senior Officer
Robert Jalun Kiesman Senior Officer
Wilhelm K. T. Zours 10% Security Holder
Paul Geddes Senior Officer
Jr. Walter Coles Director
Shane Williams Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Greg Beard Director