GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sugarmade Inc (OTCPK:SGMD) » Definitions » Cyclically Adjusted Book per Share

Sugarmade (Sugarmade) Cyclically Adjusted Book per Share : $-10.92 (As of Dec. 2022)


View and export this data going back to 1994. Start your Free Trial

What is Sugarmade 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.

Sugarmade's adjusted book value per share for the three months ended in Dec. 2022 was $-0.048. 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 $-10.92 for the trailing ten years ended in Dec. 2022.

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 Sugarmade was -2.20% per year. The lowest was -56.00% per year. And the median was -19.90% per year.

As of today (2024-05-19), Sugarmade's current stock price is $0.005. Sugarmade's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was $-10.92. Sugarmade's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sugarmade was 22.05. The lowest was 0.11. And the median was 1.51.


Sugarmade Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sugarmade'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.

Sugarmade Cyclically Adjusted Book per Share Chart

Sugarmade Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.25 -7.74 -9.05 -11.77 -

Sugarmade Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 -11.46 -11.77 -11.49 -10.92 -

Competitive Comparison of Sugarmade's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Sugarmade'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.


Sugarmade's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sugarmade 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, Sugarmade's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book= Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.048/125.2218*125.2218
=-0.048

Current CPI (Dec. 2022) = 125.2218.

Sugarmade Quarterly Data

Book Value per Share CPI Adj_Book
201303 -24.426 98.209 -31.144
201306 -39.419 98.518 -50.104
201309 -48.225 98.790 -61.128
201312 -47.941 98.326 -61.055
201403 -51.661 99.695 -64.889
201406 -53.540 100.560 -66.671
201409 -7.372 100.428 -9.192
201412 -4.513 99.070 -5.704
201503 -3.438 99.621 -4.321
201506 -3.654 100.684 -4.545
201509 -3.781 100.392 -4.716
201512 -2.951 99.792 -3.703
201603 -2.975 100.470 -3.708
201606 -3.665 101.688 -4.513
201609 -3.031 101.861 -3.726
201612 -3.992 101.863 -4.907
201703 -5.544 102.862 -6.749
201706 -4.499 103.349 -5.451
201709 -8.649 104.136 -10.400
201712 -7.956 104.011 -9.578
201803 -5.289 105.290 -6.290
201806 -8.282 106.317 -9.755
201809 -6.016 106.507 -7.073
201812 -0.664 105.998 -0.784
201903 -0.818 107.251 -0.955
201906 4.208 108.070 4.876
201909 3.448 108.329 3.986
201912 -0.789 108.420 -0.911
202003 -1.327 108.902 -1.526
202006 -1.036 108.767 -1.193
202009 -0.336 109.815 -0.383
202012 -0.290 109.897 -0.330
202103 -0.267 111.754 -0.299
202106 0.132 114.631 0.144
202109 0.112 115.734 0.121
202112 0.058 117.630 0.062
202203 -0.028 121.301 -0.029
202206 -0.039 125.017 -0.039
202209 0.013 125.227 0.013
202212 -0.048 125.222 -0.048

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


Sugarmade  (OTCPK:SGMD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sugarmade was 22.05. The lowest was 0.11. And the median was 1.51.


Be Aware

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


Sugarmade Cyclically Adjusted Book per Share Related Terms

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


Sugarmade (Sugarmade) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
Executives
Khoi Dang director 17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703
Chenlong Tan director, 10 percent owner, other: Investor 2399 BATEMAN AVE., IRWINDALE CA 91010
Allan James Huang 10 percent owner, other: INVESTOR 750 ROYAL OAKS DR., #108, MONROVIA CA 91016
Jimmy Chan director, 10 percent owner, officer: CEO and Director 167 N. SUNSET AVE., CITY OF INDUSTRY CA 91744
Er Wang director 949 S. HOPE ST., APT. 201, LOS ANGELES CA 90015
Waylon Huang director 1510 JELLICK AVE., ROWLAND HEIGHTS CA 91748
Kevin M Kearney director 2051 COFFEE LANE, SABASTOPOL CA 95472
Stephan Pinto director 3000 DANVILLE BLVD F421, ALAMO CA 94507
Edward Roffman director 2330 MARINSHIP WAY #300, SAUSALITO CA 94965
Sanford Salzberg director C/O SUGARMADE, INC., 2280 LINCOLN AVENUE, SUITE 200, SAN JOSE CA 95125
C James Jensen director C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Leung Clifton Kuok Wai director, 10 percent owner C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125
Diversified Opportunities, Inc. 10 percent owner 750 ROYAL OAKS DR. STE. 108, MONROVIA CA 91016
Jonathan Shultz other: 10% owner until 5/9/2011 6440 LUSK BOULEVARD, SUITE 200, SAN DIEGO CA 92121
Scott Lantz director, 10 percent owner, officer: CEO C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125

Sugarmade (Sugarmade) Headlines

From GuruFocus