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Atalaya Mining (LSE:ATYM) Cyclically Adjusted Book per Share : £2.21 (As of Dec. 2023)


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What is Atalaya Mining 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.

Atalaya Mining's adjusted book value per share for the three months ended in Dec. 2023 was £3.089. 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 £2.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Atalaya Mining's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Atalaya Mining was 12.80% per year. The lowest was 12.80% per year. And the median was 12.80% per year.

As of today (2024-04-27), Atalaya Mining's current stock price is £4.43. Atalaya Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was £2.21. Atalaya Mining's Cyclically Adjusted PB Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atalaya Mining was 2.49. The lowest was 0.62. And the median was 1.63.


Atalaya Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atalaya Mining'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.

Atalaya Mining Cyclically Adjusted Book per Share Chart

Atalaya Mining 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 - 1.54 1.77 2.00 2.21

Atalaya Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.00 2.06 2.12 2.17 2.21

Competitive Comparison of Atalaya Mining's Cyclically Adjusted Book per Share

For the Copper subindustry, Atalaya 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.


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

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

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



Atalaya Mining 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, Atalaya Mining'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)
=3.089/129.4194*129.4194
=3.089

Current CPI (Dec. 2023) = 129.4194.

Atalaya Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.944 99.695 1.225
201406 0.911 100.560 1.172
201409 0.985 100.428 1.269
201412 0.936 99.070 1.223
201503 0.701 99.621 0.911
201506 1.088 100.684 1.399
201509 1.068 100.392 1.377
201512 1.100 99.792 1.427
201603 1.160 100.470 1.494
201606 1.154 101.688 1.469
201609 1.234 101.861 1.568
201612 1.377 101.863 1.750
201703 1.442 102.862 1.814
201706 1.500 103.349 1.878
201709 1.548 104.136 1.924
201712 1.582 104.011 1.968
201803 1.641 105.290 2.017
201806 1.741 106.317 2.119
201809 1.789 106.507 2.174
201812 1.847 105.998 2.255
201903 1.851 107.251 2.234
201906 1.969 108.070 2.358
201909 2.012 108.329 2.404
201912 1.974 108.420 2.356
202003 2.101 108.902 2.497
202006 2.140 108.767 2.546
202009 2.246 109.815 2.647
202012 2.317 109.897 2.729
202103 2.409 111.754 2.790
202106 2.612 114.631 2.949
202109 2.844 115.734 3.180
202112 2.710 117.630 2.982
202203 2.770 121.301 2.955
202206 2.917 125.017 3.020
202209 2.900 125.227 2.997
202212 2.943 125.222 3.042
202303 3.057 127.348 3.107
202306 3.005 128.729 3.021
202309 3.052 129.860 3.042
202312 3.089 129.419 3.089

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


Atalaya Mining  (LSE:ATYM) 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.

Atalaya Mining's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.43/2.21
=2.00

* 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 Atalaya Mining was 2.49. The lowest was 0.62. And the median was 1.63.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Atalaya Mining Cyclically Adjusted Book per Share Related Terms

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


Atalaya Mining (LSE:ATYM) Business Description

Industry
Traded in Other Exchanges
Address
1 Lampousa Street, Nicosia, CYP, 1095
Atalaya Mining PLC is a European mining and development company. The strategy is to evaluate and prioritise metal production opportunities in several jurisdictions throughout the well-known belts of base and precious metal mineralisation in Spain, elsewhere in European and Latin America. The Group currently owns four mining projects, namely, Proyecto Riotinto, Proyecto Touro, Proyecto Masa Valverde and Proyecto Ossa Morena. In addition, the company has an earn-in agreement to acquire three investigation permits at Proyecto Riotinto Este. The Group's mining activities are located in Spain.

Atalaya Mining (LSE:ATYM) Headlines

From GuruFocus

Cobas Asset Management Comments on Atalaya Mining

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