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Lundin Gold (STU:F1YN) Cyclically Adjusted Book per Share : €2.94 (As of Mar. 2024)


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What is Lundin Gold 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 Gold's adjusted book value per share for the three months ended in Mar. 2024 was €3.741. 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 €2.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lundin Gold's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Gold was 13.80% per year. The lowest was -6.50% per year. And the median was 0.45% per year.

As of today (2024-06-09), Lundin Gold's current stock price is €13.08. Lundin Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.94. Lundin Gold's Cyclically Adjusted PB Ratio of today is 4.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lundin Gold was 4.95. The lowest was 2.26. And the median was 3.88.


Lundin Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lundin Gold'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 Gold Cyclically Adjusted Book per Share Chart

Lundin Gold 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 1.68 1.76 2.02 2.51 2.82

Lundin Gold 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 2.56 2.70 2.84 2.82 2.94

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

For the Gold subindustry, Lundin Gold'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 Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Lundin Gold 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 Gold'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)
=3.741/126.2576*126.2576
=3.741

Current CPI (Mar. 2024) = 126.2576.

Lundin Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.951 99.473 1.207
201409 0.930 99.394 1.181
201412 2.497 98.367 3.205
201503 2.755 99.789 3.486
201506 2.531 100.500 3.180
201509 2.411 100.421 3.031
201512 2.365 99.947 2.988
201603 2.192 101.054 2.739
201606 2.070 102.002 2.562
201609 2.207 101.765 2.738
201612 2.155 101.449 2.682
201703 2.083 102.634 2.562
201706 1.990 103.029 2.439
201709 1.781 103.345 2.176
201712 1.658 103.345 2.026
201803 2.188 105.004 2.631
201806 2.430 105.557 2.907
201809 2.437 105.636 2.913
201812 2.466 105.399 2.954
201903 2.442 106.979 2.882
201906 2.246 107.690 2.633
201909 2.118 107.611 2.485
201912 1.879 107.769 2.201
202003 2.158 107.927 2.525
202006 2.190 108.401 2.551
202009 2.202 108.164 2.570
202012 2.097 108.559 2.439
202103 2.427 110.298 2.778
202106 2.611 111.720 2.951
202109 2.862 112.905 3.200
202112 3.089 113.774 3.428
202203 3.273 117.646 3.513
202206 3.661 120.806 3.826
202209 3.956 120.648 4.140
202212 3.413 120.964 3.562
202303 3.497 122.702 3.598
202306 3.601 124.203 3.661
202309 3.758 125.230 3.789
202312 3.685 125.072 3.720
202403 3.741 126.258 3.741

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


Lundin Gold  (STU:F1YN) 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 Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.08/2.94
=4.45

* 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 Lundin Gold was 4.95. The lowest was 2.26. And the median was 3.88.


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 Gold Cyclically Adjusted Book per Share Related Terms

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


Lundin Gold (STU:F1YN) Business Description

Industry
Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Lundin Gold Inc is a Canada-based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.

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