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Atalaya Mining (LSE:ATYM) Cyclically Adjusted PB Ratio : 2.00 (As of Apr. 27, 2024)


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What is Atalaya Mining Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Atalaya Mining's current share 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 for today is 2.00.

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

LSE:ATYM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.63   Max: 2.49
Current: 1.93

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

LSE:ATYM's Cyclically Adjusted PB Ratio is ranked worse than
71.06% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.86 vs LSE:ATYM: 1.93

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atalaya Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atalaya 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.

Atalaya Mining Cyclically Adjusted PB Ratio Chart

Atalaya 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 - 1.53 2.33 1.65 1.63

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 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 1.65 1.65 1.51 1.56 1.63

Competitive Comparison of Atalaya Mining's Cyclically Adjusted PB Ratio

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 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.

Atalaya Mining's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


Atalaya Mining  (LSE:ATYM) 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.


Atalaya Mining Cyclically Adjusted PB Ratio Related Terms

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


Atalaya Mining (LSE:ATYM) Business Description

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

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