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Polyus PJSC (MIC:PLZL) Cyclically Adjusted PB Ratio : 13.59 (As of Jun. 07, 2024)


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What is Polyus PJSC Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Polyus PJSC's current share price is ₽12598.50. Polyus PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₽927.08. Polyus PJSC's Cyclically Adjusted PB Ratio for today is 13.59.

The historical rank and industry rank for Polyus PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIC:PLZL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.62   Med: 12.65   Max: 15.71
Current: 13.55

During the past 10 years, Polyus PJSC's highest Cyclically Adjusted PB Ratio was 15.71. The lowest was 11.62. And the median was 12.65.

MIC:PLZL's Cyclically Adjusted PB Ratio is ranked worse than
96.76% of 1636 companies
in the Metals & Mining industry
Industry Median: 0.88 vs MIC:PLZL: 13.55

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.

Polyus PJSC's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₽-604.553. 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 ₽927.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polyus PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Polyus PJSC's Cyclically Adjusted PB Ratio 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.

Polyus PJSC Cyclically Adjusted PB Ratio Chart

Polyus PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.51

Polyus PJSC Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 - - - - 11.51

Competitive Comparison of Polyus PJSC's Cyclically Adjusted PB Ratio

For the Gold subindustry, Polyus PJSC'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.


Polyus PJSC's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Polyus PJSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Polyus PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12598.50/927.08
=13.59

* 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.

Polyus PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Polyus PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-604.553/244.6000*244.6000
=-604.553

Current CPI (Dec23) = 244.6000.

Polyus PJSC Annual Data

Book Value per Share CPI Adj_Book
201412 501.503 139.000 882.501
201512 747.693 157.000 1,164.877
201612 -240.332 165.400 -355.412
201712 246.118 169.600 354.956
201812 188.949 176.800 261.408
201912 842.119 182.200 1,130.529
202012 1,302.842 191.100 1,667.583
202112 1,902.523 207.200 2,245.932
202212 2,391.981 231.900 2,522.978
202312 -604.553 244.600 -604.553

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


Polyus PJSC  (MIC:PLZL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Polyus PJSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Polyus PJSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Polyus PJSC (MIC:PLZL) Business Description

Traded in Other Exchanges
N/A
Address
Krasina Street, 3 Building 1, Cab 801, Moscow, RUS, 123056
Polyus PJSC and its subsidiaries are engaged in the extraction, refining, and sale of gold. The mining and processing facilities of the company are in the Krasnoyarsk, Irkutsk, Magadan regions, and the Sakha Republic of the Russian Federation. The company is also engaged in the exploration, construction, and research activities to maintain its operations. The operating business segments are the Olimpiada business unit, the Blagodatnoye business unit, the Natalka business unit, the Verninskoye business unit, the Kuranakh business unit, Alluvials business unit, Exploration business unit, Sukhoi Log business unit, and Unallocated.

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