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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2021)


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What is SandRidge Mississippian Trust I 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.

SandRidge Mississippian Trust I's adjusted book value per share for the three months ended in Jun. 2021 was $0.282. 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 $0.00 for the trailing ten years ended in Jun. 2021.

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.

As of today (2024-05-22), SandRidge Mississippian Trust I's current stock price is $0.06. SandRidge Mississippian Trust I's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 was $0.00. SandRidge Mississippian Trust I's Cyclically Adjusted PB Ratio of today is .


SandRidge Mississippian Trust I Cyclically Adjusted Book per Share Historical Data

The historical data trend for SandRidge Mississippian Trust I'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.

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SandRidge Mississippian Trust I Cyclically Adjusted Book per Share Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Book per Share
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SandRidge Mississippian Trust I Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of SandRidge Mississippian Trust I's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I'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.


SandRidge Mississippian Trust I's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SandRidge Mississippian Trust I's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SandRidge Mississippian Trust I's Cyclically Adjusted PB Ratio falls into.



SandRidge Mississippian Trust I 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, SandRidge Mississippian Trust I's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book= Book Value per Share /CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.282/114.6314*114.6314
=0.282

Current CPI (Jun. 2021) = 114.6314.

SandRidge Mississippian Trust I Quarterly Data

Book Value per Share CPI Adj_Book
201109 10.448 95.727 12.511
201112 10.231 95.213 12.318
201203 10.006 96.783 11.851
201206 9.813 96.819 11.618
201209 9.583 97.633 11.251
201212 9.317 96.871 11.025
201303 9.088 98.209 10.608
201306 8.854 98.518 10.302
201309 8.614 98.790 9.995
201312 8.427 98.326 9.824
201403 8.270 99.695 9.509
201406 8.124 100.560 9.261
201409 7.970 100.428 9.097
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 2.907 100.392 3.319
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 2.724 101.688 3.071
201609 1.191 101.861 1.340
201612 1.164 101.863 1.310
201703 1.132 102.862 1.262
201706 1.105 103.349 1.226
201709 1.084 104.136 1.193
201712 1.063 104.011 1.172
201803 1.033 105.290 1.125
201806 1.016 106.317 1.095
201809 0.999 106.507 1.075
201812 0.971 105.998 1.050
201903 0.947 107.251 1.012
201906 0.915 108.070 0.971
201909 0.890 108.329 0.942
201912 0.529 108.420 0.559
202003 0.391 108.902 0.412
202006 0.382 108.767 0.403
202009 0.370 109.815 0.386
202012 0.312 109.897 0.325
202103 0.286 111.754 0.293
202106 0.282 114.631 0.282

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


SandRidge Mississippian Trust I  (OTCPK:SDTTU) 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.


Be Aware

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


SandRidge Mississippian Trust I Cyclically Adjusted Book per Share Related Terms

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


SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
SandRidge Mississippian Trust I is a statutory trust which holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma. The royalty interests entitle the Trust to receive most of the proceeds from the sale of oil, natural gas, and natural gas liquids.
Executives
Sandridge Energy Inc 10 percent owner 123 ROBERT S. KERR AVENUE OKLAHOMA CITY OK 73102-6406