Intrinsic Value of S&P & Nasdaq Contact Us

State Street SPDR S&P Bank ETF KBE

NYSE

SharesGrow Intrinsic Value
N/A
Negative cash flow

State Street SPDR S&P Bank ETF (KBE) current share price is $63.35. The gold spot price is $4,825.20 per troy ounce. Using the formula: KBE in gold = $63.35 × 31.1035 ÷ $4,825.20 = 0.4084 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of KBE when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding KBE shares over the measured period.

KBE in US Dollars
Gold in US Dollars
KBE in Gold (grams per share)

Real Wealth Growth Rate

KBE
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{KBE}_{\text{gold}}(t) = \frac{P_{\text{KBE}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{KBE}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{KBE}_{\text{gold}}^{(T)}}{\text{KBE}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{KBE}_\text{gold}^{(0)}$ = initial gold-price, $\text{KBE}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

XME
XME
SPDR S&P Metals and Mining ETF
$115.68
+0.36%
KRE
KRE
SPDR S&P Regional Banking ETF
$69.17
-0.17%
XHB
XHB
SPDR S&P Homebuilders ETF
$102.88
-2.74%
KIE
KIE
SPDR S&P Insurance ETF
$57.38
+1.02%
XRT
XRT
SPDR S&P Retail ETF
$83.87
+0.29%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message