GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (LTS:0RQ9) » Definitions » Cyclically Adjusted PB Ratio

Lundin Mining (LTS:0RQ9) Cyclically Adjusted PB Ratio : 1.98 (As of May. 24, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Lundin Mining Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Lundin Mining's current share price is kr127.05. Lundin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr64.20. Lundin Mining's Cyclically Adjusted PB Ratio for today is 1.98.

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

LTS:0RQ9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.02   Max: 2.26
Current: 2.13

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

LTS:0RQ9's Cyclically Adjusted PB Ratio is ranked worse than
72.52% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.9 vs LTS:0RQ9: 2.13

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 adjusted book value per share data for the three months ended in Mar. 2024 was kr65.723. 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 kr64.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lundin Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Cyclically Adjusted PB Ratio Chart

Lundin Mining 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 1.14 1.64 1.36 1.06 1.33

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 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 1.15 1.28 1.24 1.33 1.69

Competitive Comparison of Lundin Mining's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=127.05/64.2
=1.98

* 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.

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

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)
=65.723/126.2576*126.2576
=65.723

Current CPI (Mar. 2024) = 126.2576.

Lundin Mining Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.395 99.473 53.810
201409 44.395 99.394 56.394
201412 44.670 98.367 57.336
201503 49.404 99.789 62.508
201506 48.799 100.500 61.306
201509 48.984 100.421 61.586
201512 45.014 99.947 56.864
201603 44.381 101.054 55.450
201606 34.807 102.002 43.084
201609 35.663 101.765 44.246
201612 40.177 101.449 50.002
201703 40.058 102.634 49.278
201706 40.312 103.029 49.401
201709 38.836 103.345 47.446
201712 42.265 103.345 51.636
201803 41.513 105.004 49.916
201806 44.406 105.557 53.114
201809 44.943 105.636 53.716
201812 45.440 105.399 54.433
201903 46.914 106.979 55.368
201906 47.331 107.690 55.492
201909 48.363 107.611 56.743
201912 48.471 107.769 56.786
202003 48.364 107.927 56.578
202006 46.363 108.401 54.000
202009 45.904 108.164 53.583
202012 45.198 108.559 52.567
202103 46.705 110.298 53.463
202106 48.329 111.720 54.618
202109 50.208 112.905 56.146
202112 54.973 113.774 61.005
202203 60.449 117.646 64.874
202206 62.470 120.806 65.289
202209 66.077 120.648 69.149
202212 65.453 120.964 68.317
202303 67.602 122.702 69.561
202306 69.386 124.203 70.534
202309 70.582 125.230 71.161
202312 65.779 125.072 66.402
202403 65.723 126.258 65.723

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.


Lundin Mining  (LTS:0RQ9) 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.


Lundin Mining Cyclically Adjusted PB Ratio Related Terms

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


Lundin Mining (LTS:0RQ9) Business Description

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.

Lundin Mining (LTS:0RQ9) Headlines

No Headlines