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Capstone Copper (FRA:OUW0) Cyclically Adjusted PB Ratio : 2.45 (As of Jun. 09, 2024)


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What is Capstone Copper Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Capstone Copper's current share 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 for today is 2.45.

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

FRA:OUW0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.63   Max: 3.03
Current: 2.52

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

FRA:OUW0's Cyclically Adjusted PB Ratio is ranked worse than
77.58% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs FRA:OUW0: 2.52

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capstone Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capstone Copper'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.

Capstone Copper Cyclically Adjusted PB Ratio Chart

Capstone Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.80 1.81 1.44 1.75

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 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 1.44 1.73 1.67 1.57 1.75

Competitive Comparison of Capstone Copper's Cyclically Adjusted PB Ratio

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 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.

Capstone Copper's Cyclically Adjusted PB Ratio for 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.

Capstone Copper's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Capstone Copper  (FRA:OUW0) 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.


Capstone Copper Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Capstone Copper's Cyclically Adjusted PB Ratio 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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