GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galiano Gold Inc (AMEX:GAU) » Definitions » Cyclically Adjusted Book per Share

Galiano Gold (Galiano Gold) Cyclically Adjusted Book per Share : $1.67 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Galiano 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.

Galiano Gold's adjusted book value per share for the three months ended in Dec. 2023 was $0.893. 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 $1.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Galiano Gold's average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 Galiano Gold was 36.40% per year. The lowest was -5.20% per year. And the median was 6.50% per year.

As of today (2024-04-27), Galiano Gold's current stock price is $1.58. Galiano Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.67. Galiano Gold's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Galiano Gold was 2.65. The lowest was 0.18. And the median was 0.44.


Galiano Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Galiano 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.

Galiano Gold Cyclically Adjusted Book per Share Chart

Galiano 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 2.05 2.02 1.87 1.69 1.67

Galiano Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.69 1.71 1.68 1.63 1.67

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

For the Gold subindustry, Galiano 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.


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

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

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



Galiano 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, Galiano Gold's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.893/125.4675*125.4675
=0.893

Current CPI (Dec. 2023) = 125.4675.

Galiano Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.257 98.604 2.872
201406 2.268 99.473 2.861
201409 2.217 99.394 2.799
201412 2.204 98.367 2.811
201503 2.087 99.789 2.624
201506 2.108 100.500 2.632
201509 2.093 100.421 2.615
201512 2.104 99.947 2.641
201603 2.088 101.054 2.592
201606 2.024 102.002 2.490
201609 2.104 101.765 2.594
201612 2.063 101.449 2.551
201703 2.109 102.634 2.578
201706 2.117 103.029 2.578
201709 2.144 103.345 2.603
201712 2.123 103.345 2.577
201803 2.135 105.004 2.551
201806 1.372 105.557 1.631
201809 1.371 105.636 1.628
201812 1.368 105.399 1.628
201903 1.345 106.979 1.577
201906 1.373 107.690 1.600
201909 0.721 107.611 0.841
201912 0.628 107.769 0.731
202003 0.723 107.927 0.841
202006 0.790 108.401 0.914
202009 0.807 108.164 0.936
202012 0.887 108.559 1.025
202103 0.946 110.298 1.076
202106 0.970 111.720 1.089
202109 0.991 112.905 1.101
202112 0.590 113.774 0.651
202203 0.584 117.646 0.623
202206 0.638 120.806 0.663
202209 0.644 120.648 0.670
202212 0.772 120.964 0.801
202303 0.811 122.702 0.829
202306 0.865 124.203 0.874
202309 0.917 125.230 0.919
202312 0.893 125.468 0.893

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


Galiano Gold  (AMEX:GAU) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.58/1.67
=0.95

* 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 Galiano Gold was 2.65. The lowest was 0.18. And the median was 0.44.


Be Aware

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


Galiano Gold Cyclically Adjusted Book per Share Related Terms

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


Galiano Gold (Galiano Gold) Business Description

Industry
Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1640, Vancouver, BC, CAN, V6E 3X1
Galiano Gold Inc is focused on building a sustainable business capable of long term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa. Its Asanko Gold Mine is a multi-deposit complex, with two main deposits, the Obotan Project and the Esaase Project, both located in the Amansie West District of the Republic of Ghana, West Africa.