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Sierra Metals (Sierra Metals) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 02, 2024)


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What is Sierra Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Sierra Metals's current share price is $0.675. Sierra Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.12. Sierra Metals's Cyclically Adjusted PB Ratio for today is 0.60.

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

SMTSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.06   Max: 2.96
Current: 0.61

During the past years, Sierra Metals's highest Cyclically Adjusted PB Ratio was 2.96. The lowest was 0.08. And the median was 1.06.

SMTSF's Cyclically Adjusted PB Ratio is ranked better than
57.89% of 1622 companies
in the Metals & Mining industry
Industry Median: 0.88 vs SMTSF: 0.61

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.

Sierra Metals's adjusted book value per share data for the three months ended in Mar. 2024 was $0.372. 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 $1.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sierra Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sierra Metals'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.

Sierra Metals Cyclically Adjusted PB Ratio Chart

Sierra Metals 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 1.49 2.72 1.09 0.15 0.49

Sierra Metals 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 0.25 0.25 0.26 0.49 0.51

Competitive Comparison of Sierra Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Sierra Metals'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.


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

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

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



Sierra Metals 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.

Sierra Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.675/1.12
=0.60

* 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.

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

For example, Sierra Metals'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)
=0.372/126.2576*126.2576
=0.372

Current CPI (Mar. 2024) = 126.2576.

Sierra Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.254 99.473 1.592
201409 1.261 99.394 1.602
201412 1.281 98.367 1.644
201503 1.263 99.789 1.598
201506 1.273 100.500 1.599
201509 1.226 100.421 1.541
201512 1.057 99.947 1.335
201603 1.029 101.054 1.286
201606 1.010 102.002 1.250
201609 1.021 101.765 1.267
201612 0.989 101.449 1.231
201703 1.001 102.634 1.231
201706 0.986 103.029 1.208
201709 0.935 103.345 1.142
201712 0.949 103.345 1.159
201803 0.998 105.004 1.200
201806 1.065 105.557 1.274
201809 1.082 105.636 1.293
201812 1.061 105.399 1.271
201903 1.050 106.979 1.239
201906 1.048 107.690 1.229
201909 1.060 107.611 1.244
201912 1.090 107.769 1.277
202003 1.077 107.927 1.260
202006 1.076 108.401 1.253
202009 1.183 108.164 1.381
202012 1.235 108.559 1.436
202103 1.250 110.298 1.431
202106 1.309 111.720 1.479
202109 1.279 112.905 1.430
202112 1.036 113.774 1.150
202203 1.039 117.646 1.115
202206 0.942 120.806 0.985
202209 0.661 120.648 0.692
202212 0.498 120.964 0.520
202303 0.508 122.702 0.523
202306 0.518 124.203 0.527
202309 0.426 125.230 0.429
202312 0.362 125.072 0.365
202403 0.372 126.258 0.372

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.


Sierra Metals  (OTCPK:SMTSF) 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.


Sierra Metals Cyclically Adjusted PB Ratio Related Terms

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


Sierra Metals (Sierra Metals) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1
Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.

Sierra Metals (Sierra Metals) Headlines