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Marimaca Copper (FRA:E2E1) Cyclically Adjusted Book per Share : €0.81 (As of Mar. 2024)


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What is Marimaca Copper 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.

Marimaca Copper's adjusted book value per share for the three months ended in Mar. 2024 was €0.919. 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 €0.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Marimaca Copper's average Cyclically Adjusted Book Growth Rate was -19.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.40% 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 Marimaca Copper was -15.80% per year. The lowest was -19.90% per year. And the median was -17.75% per year.

As of today (2024-06-08), Marimaca Copper's current stock price is €2.52. Marimaca Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.81. Marimaca Copper's Cyclically Adjusted PB Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marimaca Copper was 3.48. The lowest was 0.00. And the median was 0.00.


Marimaca Copper Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marimaca Copper'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.

Marimaca Copper Cyclically Adjusted Book per Share Chart

Marimaca Copper 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 1.58 1.47 1.24 1.05 0.82

Marimaca Copper 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 1.01 0.90 0.86 0.82 0.81

Competitive Comparison of Marimaca Copper's Cyclically Adjusted Book per Share

For the Copper subindustry, Marimaca Copper'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.


Marimaca Copper's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Marimaca Copper 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, Marimaca Copper'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)
=0.919/126.2576*126.2576
=0.919

Current CPI (Mar. 2024) = 126.2576.

Marimaca Copper Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.419 99.473 1.801
201409 1.498 99.394 1.903
201412 0.396 98.367 0.508
201503 0.448 99.789 0.567
201506 0.383 100.500 0.481
201509 0.352 100.421 0.443
201512 0.345 99.947 0.436
201603 0.364 101.054 0.455
201606 0.673 102.002 0.833
201609 0.701 101.765 0.870
201612 0.811 101.449 1.009
201703 0.828 102.634 1.019
201706 0.941 103.029 1.153
201709 0.918 103.345 1.122
201712 0.661 103.345 0.808
201803 0.575 105.004 0.691
201806 0.318 105.557 0.380
201809 0.641 105.636 0.766
201812 0.498 105.399 0.597
201903 0.446 106.979 0.526
201906 0.388 107.690 0.455
201909 0.496 107.611 0.582
201912 0.441 107.769 0.517
202003 0.402 107.927 0.470
202006 0.540 108.401 0.629
202009 0.500 108.164 0.584
202012 0.638 108.559 0.742
202103 0.871 110.298 0.997
202106 0.843 111.720 0.953
202109 0.827 112.905 0.925
202112 0.838 113.774 0.930
202203 0.855 117.646 0.918
202206 0.911 120.806 0.952
202209 0.965 120.648 1.010
202212 0.902 120.964 0.941
202303 0.883 122.702 0.909
202306 0.860 124.203 0.874
202309 0.974 125.230 0.982
202312 0.929 125.072 0.938
202403 0.919 126.258 0.919

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


Marimaca Copper  (FRA:E2E1) 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.

Marimaca Copper's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.52/0.81
=3.11

* 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 Marimaca Copper was 3.48. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Marimaca Copper Cyclically Adjusted Book per Share Related Terms

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


Marimaca Copper (FRA:E2E1) Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6
Marimaca Copper Corp is a copper exploration company. The company's flagship asset is the Marimaca Copper Project in Chile's Antofagasta region. It is the only copper discovery globally and is a low-risk project, with substantial exploration potential.

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