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Aurubis AG (Aurubis AG) Cyclically Adjusted Book per Share : $78.15 (As of Mar. 2024)


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What is Aurubis AG 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.

Aurubis AG's adjusted book value per share for the three months ended in Mar. 2024 was $106.599. 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 $78.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aurubis AG's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Aurubis AG was 11.30% per year. The lowest was 6.00% per year. And the median was 9.40% per year.

As of today (2024-06-05), Aurubis AG's current stock price is $83.66. Aurubis AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $78.15. Aurubis AG's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aurubis AG was 2.09. The lowest was 0.70. And the median was 1.18.


Aurubis AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aurubis AG'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.

Aurubis AG Cyclically Adjusted Book per Share Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.00 34.90 73.44 70.12 72.23

Aurubis AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 73.29 73.05 72.23 80.85 78.15

Competitive Comparison of Aurubis AG's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Aurubis AG'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.


Aurubis AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aurubis AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aurubis AG 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, Aurubis AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=106.599/125.0381*125.0381
=106.599

Current CPI (Mar. 2024) = 125.0381.

Aurubis AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 57.440 99.543 72.152
201409 53.740 99.823 67.315
201412 51.092 99.543 64.178
201503 44.909 99.717 56.313
201506 49.956 100.417 62.205
201509 49.076 100.417 61.109
201512 47.087 99.717 59.044
201603 46.881 100.017 58.609
201606 48.231 100.717 59.878
201609 49.639 101.017 61.443
201612 49.194 101.217 60.772
201703 51.787 101.417 63.849
201706 56.721 102.117 69.453
201709 62.639 102.717 76.251
201712 65.467 102.617 79.771
201803 67.745 102.917 82.306
201806 66.067 104.017 79.418
201809 66.595 104.718 79.518
201812 64.642 104.217 77.556
201903 64.590 104.217 77.494
201906 64.181 105.718 75.910
201909 63.626 106.018 75.041
201912 67.358 105.818 79.593
202003 64.257 105.718 76.000
202006 70.468 106.618 82.643
202009 76.339 105.818 90.205
202012 68.406 105.518 81.061
202103 84.358 107.518 98.104
202106 70.425 108.486 81.170
202109 92.756 109.435 105.981
202112 71.573 110.384 81.075
202203 99.738 113.968 109.426
202206 97.550 115.760 105.368
202209 96.552 118.818 101.607
202212 104.819 119.345 109.819
202303 105.667 122.402 107.942
202306 107.059 123.140 108.709
202309 103.749 124.195 104.454
202312 107.011 123.773 108.105
202403 106.599 125.038 106.599

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


Aurubis AG  (OTCPK:AIAGF) 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.

Aurubis AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=83.66/78.15
=1.07

* 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 Aurubis AG was 2.09. The lowest was 0.70. And the median was 1.18.


Be Aware

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


Aurubis AG Cyclically Adjusted Book per Share Related Terms

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


Aurubis AG (Aurubis AG) Business Description

Industry
Address
Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Aurubis AG (Aurubis AG) Headlines

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