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Gatos Silver (Gatos Silver) Cyclically Adjusted Book per Share : $3.70 (As of Mar. 2024)


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What is Gatos Silver 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.

Gatos Silver's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was $5.313. 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 $3.70 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-26), Gatos Silver's current stock price is $ 11.88. Gatos Silver's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was $3.70. Gatos Silver's Cyclically Adjusted PB Ratio of today is 3.21.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Gatos Silver was 3.33. The lowest was 0.00. And the median was 0.00.


Gatos Silver Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gatos Silver'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.

Gatos Silver Cyclically Adjusted Book per Share Chart

Gatos Silver Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.96 3.38 3.70

Gatos Silver 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 - - - 3.70 -

Competitive Comparison of Gatos Silver's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Gatos Silver'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.


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

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

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



Gatos Silver 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, Gatos Silver's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.313/125.0724*125.0724
=5.313

Current CPI (Dec. 2023) = 125.0724.

Gatos Silver Annual Data

Book Value per Share CPI Adj_Book
201012 0.028 92.836 0.038
201112 2.847 94.970 3.749
201212 1.875 95.760 2.449
201712 0.000 103.345 0.000
201812 2.606 105.399 3.092
201912 2.662 107.769 3.089
202012 4.417 108.559 5.089
202112 4.789 113.774 5.265
202212 5.039 120.964 5.210
202312 5.313 125.072 5.313

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


Gatos Silver  (NYSE:GATO) 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.

Gatos Silver's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.88/3.7
=3.21

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Gatos Silver was 3.33. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Gatos Silver Cyclically Adjusted Book per Share Related Terms

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


Gatos Silver (Gatos Silver) Business Description

Industry
Traded in Other Exchanges
Address
925 West Georgia Street, Suite 910, Vancouver, BC, CAN, V6C 3L2
Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.
Executives
Dale Andres officer: President 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Anthony Michael Scott officer: VP, Eval. & Technical Services C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Stephen D Bodley officer: General Counsel C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
James Woeller officer: VP, Corp Dev & Bus Improvement 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Quintanilla Daniel Muniz director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Van Niekerk Pieter A. officer: Chief Financial Officer 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Nicolas Vachon officer: Vice President, Finance 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Rodrigo Monroy officer: General Counsel 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLLAGE CO 80111
Stephen A. Orr director, officer: Chief Executive Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Electrum Silver Us Llc 10 percent owner 535 MADISON AVENUE, 12TH FL., NEW YORK NY 10022
Electrum Group Llc 10 percent owner 535 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Philip Pyle officer: VP of Expl & Chief Geologist 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Luis Felipe Huerta officer: Vice President, Mexico 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
John Kinyon officer: Chief Operating Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Adam Dubas officer: Chief Administrative Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111