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Capstone Copper (FRA:OUW0) Cyclically Adjusted Book per Share : €2.50 (As of Dec. 2023)


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What is Capstone 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.

Capstone Copper's adjusted book value per share for the three months ended in Dec. 2023 was €3.505. 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 €2.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Capstone Copper's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Capstone Copper was 22.90% per year. The lowest was 3.40% per year. And the median was 7.35% per year.

As of today (2024-06-09), Capstone Copper's current stock price is €6.13. Capstone Copper's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €2.50. Capstone Copper's Cyclically Adjusted PB Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capstone Copper was 3.03. The lowest was 0.13. And the median was 0.63.


Capstone Copper Cyclically Adjusted Book per Share Historical Data

The historical data trend for Capstone 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.

Capstone Copper Cyclically Adjusted Book per Share Chart

Capstone 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 1.87 1.84 2.06 2.42 2.50

Capstone Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.42 2.38 2.40 2.48 2.50

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

For the Copper subindustry, Capstone 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.


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

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

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



Capstone 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, Capstone Copper's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.505/125.0724*125.0724
=3.505

Current CPI (Dec. 2023) = 125.0724.

Capstone Copper Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.051 98.604 2.602
201406 2.138 99.473 2.688
201409 2.223 99.394 2.797
201412 2.249 98.367 2.860
201503 2.495 99.789 3.127
201506 2.414 100.500 3.004
201509 2.006 100.421 2.498
201512 2.018 99.947 2.525
201603 1.931 101.054 2.390
201606 1.879 102.002 2.304
201609 1.907 101.765 2.344
201612 1.730 101.449 2.133
201703 1.686 102.634 2.055
201706 1.636 103.029 1.986
201709 1.572 103.345 1.903
201712 1.647 103.345 1.993
201803 1.573 105.004 1.874
201806 1.669 105.557 1.978
201809 1.673 105.636 1.981
201812 1.632 105.399 1.937
201903 1.670 106.979 1.952
201906 1.676 107.690 1.947
201909 1.696 107.611 1.971
201912 1.712 107.769 1.987
202003 1.670 107.927 1.935
202006 1.649 108.401 1.903
202009 1.577 108.164 1.824
202012 1.566 108.559 1.804
202103 1.805 110.298 2.047
202106 1.886 111.720 2.111
202109 1.999 112.905 2.214
202112 2.176 113.774 2.392
202203 3.568 117.646 3.793
202206 3.771 120.806 3.904
202209 4.052 120.648 4.201
202212 3.755 120.964 3.883
202303 3.692 122.702 3.763
202306 3.599 124.203 3.624
202309 3.610 125.230 3.605
202312 3.505 125.072 3.505

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


Capstone Copper  (FRA:OUW0) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.13/2.5
=2.45

* 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 Capstone Copper was 3.03. The lowest was 0.13. And the median was 0.63.


Be Aware

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


Capstone Copper Cyclically Adjusted Book per Share Related Terms

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


Capstone Copper (FRA:OUW0) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, Suite 2100, Vancouver, BC, CAN, V6B 0M3
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The Company has six reportable segments which are Pinto Valley (US), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile) and Other.

Capstone Copper (FRA:OUW0) Headlines

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