Sibanye Gold Price To Book vs. Shares Outstanding

SBSW Stock  USD 4.01  0.13  3.14%   
Based on the measurements of profitability obtained from Sibanye Gold's financial statements, Sibanye Gold Ltd may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Sibanye Gold's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 0.59 in 2024. Days Sales Outstanding is likely to drop to 22.73 in 2024. At this time, Sibanye Gold's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Operating Income is likely to climb to about 13.9 B in 2024, despite the fact that Income Before Tax is likely to grow to (37.9 B).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.140.1124
Fairly Up
Very volatile
Operating Profit Margin0.06740.071
Notably Down
Pretty Stable
For Sibanye Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sibanye Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sibanye Gold Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sibanye Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sibanye Gold Ltd over time as well as its relative position and ranking within its peers.
  
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Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sibanye Gold. If investors know Sibanye will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sibanye Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
(4.10)
Revenue Per Share
80.328
Quarterly Revenue Growth
(0.22)
Return On Assets
(0.13)
The market value of Sibanye Gold is measured differently than its book value, which is the value of Sibanye that is recorded on the company's balance sheet. Investors also form their own opinion of Sibanye Gold's value that differs from its market value or its book value, called intrinsic value, which is Sibanye Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sibanye Gold's market value can be influenced by many factors that don't directly affect Sibanye Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sibanye Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sibanye Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sibanye Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sibanye Gold Shares Outstanding vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Sibanye Gold's current stock value. Our valuation model uses many indicators to compare Sibanye Gold value to that of its competitors to determine the firm's financial worth.
Sibanye Gold Ltd is rated below average in price to book category among its peers. It is rated fifth in shares outstanding category among its peers creating about  607,939,849  of Shares Outstanding per Price To Book. Common Stock Shares Outstanding is likely to drop to about 536.1 M in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sibanye Gold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sibanye Shares Outstanding vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Sibanye Gold

P/B

 = 

MV Per Share

BV Per Share

 = 
1.16 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Sibanye Gold

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
707.64 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Sibanye Shares Outstanding Comparison

Sibanye Gold is currently under evaluation in shares outstanding category among its peers.

Sibanye Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Sibanye Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sibanye Gold will eventually generate negative long term returns. The profitability progress is the general direction of Sibanye Gold's change in net profit over the period of time. It can combine multiple indicators of Sibanye Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income35.6 B37.3 B
Operating Income8.6 B13.9 B
Income Before Tax-39.8 B-37.9 B
Total Other Income Expense Net-48.4 B-46 B
Net Loss-37.8 B-35.9 B
Income Tax Expense-2.4 B-2.3 B
Interest Income1.7 B915.8 M
Net Loss-37.4 B-35.6 B
Net Income Applicable To Common Shares21.2 B10.7 B
Net Interest Income-874 M-917.7 M
Change To Netincome-786.6 M-747.3 M
Net Loss(13.34)(12.68)
Income Quality(0.19)(0.18)
Net Income Per E B T 0.95  0.85 

Sibanye Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Sibanye Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sibanye Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sibanye Gold's important profitability drivers and their relationship over time.

Use Sibanye Gold in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sibanye Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sibanye Gold will appreciate offsetting losses from the drop in the long position's value.

Sibanye Gold Pair Trading

Sibanye Gold Ltd Pair Trading Analysis

The ability to find closely correlated positions to Sibanye Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sibanye Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sibanye Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sibanye Gold Ltd to buy it.
The correlation of Sibanye Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sibanye Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sibanye Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sibanye Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Sibanye Gold position

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Macroaxis Picks Theme
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Additional Tools for Sibanye Stock Analysis

When running Sibanye Gold's price analysis, check to measure Sibanye Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sibanye Gold is operating at the current time. Most of Sibanye Gold's value examination focuses on studying past and present price action to predict the probability of Sibanye Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sibanye Gold's price. Additionally, you may evaluate how the addition of Sibanye Gold to your portfolios can decrease your overall portfolio volatility.