GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMOC Group Ltd (FRA:D7N) » Definitions » Cyclically Adjusted Book per Share

CMOC Group (FRA:D7N) Cyclically Adjusted Book per Share : €0.24 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is CMOC Group 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.

CMOC Group's adjusted book value per share for the three months ended in Mar. 2024 was €0.367. 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 €0.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CMOC Group's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 CMOC Group was 9.00% per year. The lowest was 8.80% per year. And the median was 8.90% per year.

As of today (2024-05-21), CMOC Group's current stock price is €0.9518. CMOC Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.24. CMOC Group's Cyclically Adjusted PB Ratio of today is 3.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CMOC Group was 4.26. The lowest was 1.41. And the median was 2.39.


CMOC Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for CMOC Group'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.

CMOC Group Cyclically Adjusted Book per Share Chart

CMOC Group 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 0.16 0.16 0.18 0.22 0.22

CMOC Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.22 0.22 0.23 0.22 0.24

Competitive Comparison of CMOC Group's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, CMOC Group'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.


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

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

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



CMOC Group 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, CMOC Group'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)
=0.367/115.2271*115.2271
=0.367

Current CPI (Mar. 2024) = 115.2271.

CMOC Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.098 98.200 0.115
201409 0.109 98.900 0.127
201412 0.126 99.000 0.147
201503 0.144 99.900 0.166
201506 0.132 99.500 0.153
201509 0.143 100.500 0.164
201512 0.146 100.600 0.167
201603 0.144 102.200 0.162
201606 0.139 101.400 0.158
201609 0.141 102.400 0.159
201612 0.152 102.600 0.171
201703 0.155 103.200 0.173
201706 0.145 103.100 0.162
201709 0.220 104.100 0.244
201712 0.226 104.500 0.249
201803 0.231 105.300 0.253
201806 0.242 104.900 0.266
201809 0.239 106.600 0.258
201812 0.242 106.500 0.262
201903 0.249 107.700 0.266
201906 0.234 107.700 0.250
201909 0.238 109.800 0.250
201912 0.242 111.200 0.251
202003 0.244 112.300 0.250
202006 0.236 110.400 0.246
202009 0.233 111.700 0.240
202012 0.226 111.500 0.234
202103 0.231 112.662 0.236
202106 0.229 111.769 0.236
202109 0.241 112.215 0.247
202112 0.256 113.108 0.261
202203 0.272 114.335 0.274
202206 0.304 114.558 0.306
202209 0.339 115.339 0.339
202212 0.324 115.116 0.324
202303 0.319 115.116 0.319
202306 0.315 114.558 0.317
202309 0.323 115.339 0.323
202312 0.354 114.781 0.355
202403 0.367 115.227 0.367

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


CMOC Group  (FRA:D7N) 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.

CMOC Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.9518/0.24
=3.97

* 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 CMOC Group was 4.26. The lowest was 1.41. And the median was 2.39.


Be Aware

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


CMOC Group Cyclically Adjusted Book per Share Related Terms

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


CMOC Group (FRA:D7N) Business Description

Industry
Address
North of Yihe, Huamei Shan Road, Chengdong New District, Luanchuan County, Henan Province, Luoyang, CHN, 471500
CMOC Group Ltd is engaged in the mining and processing smelting, deep processing, trade, research, and development of molybdenum, tungsten, copper, gold, and other precious and base metals. The company has both upstream and downstream operations including molybdenum mining, processing, roasting, molybdenum chemical products, and molybdenum metal processing. The company has operating segments, namely Molybdenum Tungsten-related products, Copper and gold-related products, Niobium and Phosphorus-related products, Copper and Cobalt-related products, metal trading, and others. It derives a majority of its revenue from China.

CMOC Group (FRA:D7N) Headlines

No Headlines