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Lundin Mining (FRA:GXD) Cyclically Adjusted Book per Share : €5.36 (As of Mar. 2024)


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What is Lundin Mining 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.

Lundin Mining's adjusted book value per share for the three months ended in Mar. 2024 was €5.808. 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 €5.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lundin Mining's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Lundin Mining was 11.60% per year. The lowest was -1.60% per year. And the median was 3.95% per year.

As of today (2024-05-17), Lundin Mining's current stock price is €11.49. Lundin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.36. Lundin Mining's Cyclically Adjusted PB Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lundin Mining was 2.26. The lowest was 0.45. And the median was 1.02.


Lundin Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Cyclically Adjusted Book per Share Chart

Lundin Mining 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 4.64 4.28 4.99 5.48 5.59

Lundin Mining 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 5.43 5.49 5.52 5.59 5.36

Competitive Comparison of Lundin Mining's Cyclically Adjusted Book per Share

For the Copper subindustry, Lundin Mining'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.


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

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

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



Lundin Mining 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, Lundin Mining'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)
=5.808/126.2576*126.2576
=5.808

Current CPI (Mar. 2024) = 126.2576.

Lundin Mining Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.667 99.473 5.924
201409 4.832 99.394 6.138
201412 4.749 98.367 6.096
201503 5.342 99.789 6.759
201506 5.261 100.500 6.609
201509 5.217 100.421 6.559
201512 4.865 99.947 6.146
201603 4.779 101.054 5.971
201606 3.730 102.002 4.617
201609 3.725 101.765 4.622
201612 4.137 101.449 5.149
201703 4.201 102.634 5.168
201706 4.134 103.029 5.066
201709 4.068 103.345 4.970
201712 4.255 103.345 5.198
201803 4.085 105.004 4.912
201806 4.319 105.557 5.166
201809 4.309 105.636 5.150
201812 4.423 105.399 5.298
201903 4.468 106.979 5.273
201906 4.452 107.690 5.220
201909 4.523 107.611 5.307
201912 4.625 107.769 5.418
202003 4.446 107.927 5.201
202006 4.422 108.401 5.150
202009 4.401 108.164 5.137
202012 4.443 108.559 5.167
202103 4.592 110.298 5.256
202106 4.777 111.720 5.399
202109 4.937 112.905 5.521
202112 5.352 113.774 5.939
202203 5.738 117.646 6.158
202206 5.889 120.806 6.155
202209 6.117 120.648 6.401
202212 5.954 120.964 6.215
202303 6.027 122.702 6.202
202306 5.947 124.203 6.045
202309 5.966 125.230 6.015
202312 5.880 125.072 5.936
202403 5.808 126.258 5.808

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


Lundin Mining  (FRA:GXD) 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.

Lundin Mining's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.49/5.36
=2.14

* 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 Lundin Mining was 2.26. The lowest was 0.45. And the median was 1.02.


Be Aware

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


Lundin Mining Cyclically Adjusted Book per Share Related Terms

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


Lundin Mining (FRA:GXD) Business Description

Industry
Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

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