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Aurubis AG (Aurubis AG) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 05, 2024)


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What is Aurubis AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Aurubis AG's current share 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 for today is 1.07.

The historical rank and industry rank for Aurubis AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

AIAGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.18   Max: 2.09
Current: 1.07

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

AIAGF's Cyclically Adjusted PB Ratio is ranked better than
72.02% of 2148 companies
in the Industrial Products industry
Industry Median: 1.89 vs AIAGF: 1.07

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurubis AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aurubis AG's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.15 1.20 0.85 1.01

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 PB Ratio 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 1.28 1.16 1.01 1.06 0.90

Competitive Comparison of Aurubis AG's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Aurubis AG's Cyclically Adjusted PB Ratio for 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.

Aurubis AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Aurubis AG  (OTCPK:AIAGF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Aurubis AG Cyclically Adjusted PB Ratio Related Terms

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


Aurubis AG (Aurubis AG) Business Description

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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