GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mechel PAO (NYSE:MTLp) » Definitions » Cyclically Adjusted Book per Share

Mechel PAO (Mechel PAO) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Mechel PAO Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Mechel PAO's adjusted book value per share for the three months ended in Jun. 2023 was $-1.300. 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 $0.00 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -214.60% 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 Mechel PAO was 4.10% per year. The lowest was -214.60% per year. And the median was -14.80% per year.

As of today (2024-05-28), Mechel PAO's current stock price is $1.2046. Mechel PAO's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $0.00. Mechel PAO's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mechel PAO was 6.55. The lowest was 0.05. And the median was 0.33.


Mechel PAO Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mechel PAO'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.

Mechel PAO Cyclically Adjusted Book per Share Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 -0.11 -1.29 -1.55 -6.32

Mechel PAO Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 -3.06 -3.98 -6.32 - -

Competitive Comparison of Mechel PAO's Cyclically Adjusted Book per Share

For the Steel subindustry, Mechel PAO'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.


Mechel PAO's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mechel PAO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mechel PAO 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, Mechel PAO's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-1.3/238.3000*238.3000
=-1.300

Current CPI (Jun. 2023) = 238.3000.

Mechel PAO Quarterly Data

Book Value per Share CPI Adj_Book
201209 5.231 115.700 10.774
201212 3.778 117.300 7.675
201303 3.456 119.500 6.892
201306 0.000 121.400 0.000
201309 1.084 122.800 2.104
201312 -0.875 124.900 -1.669
201403 0.000 127.800 0.000
201406 -0.215 130.900 -0.391
201409 -0.598 132.700 -1.074
201412 -3.302 139.000 -5.661
201503 -3.557 149.400 -5.674
201506 -3.653 150.900 -5.769
201509 -3.973 153.500 -6.168
201512 -4.406 157.000 -6.688
201603 0.000 160.200 0.000
201606 -5.061 162.200 -7.435
201609 -4.985 163.300 -7.274
201612 -5.198 165.400 -7.489
201703 -5.286 167.000 -7.543
201706 -5.194 169.200 -7.315
201709 -4.341 168.200 -6.150
201712 -4.415 169.600 -6.203
201803 -4.416 171.000 -6.154
201806 -4.024 173.100 -5.540
201809 -3.756 173.900 -5.147
201812 -3.511 176.800 -4.732
201903 -3.605 179.900 -4.775
201906 -3.717 181.200 -4.888
201909 -3.736 180.800 -4.924
201912 -3.977 182.200 -5.202
202003 -3.527 184.500 -4.555
202006 -3.359 187.000 -4.280
202009 -3.379 187.400 -4.297
202012 -3.365 191.100 -4.196
202103 -3.193 195.200 -3.898
202106 -2.976 199.100 -3.562
202109 -2.697 201.300 -3.193
202112 -2.266 207.200 -2.606
202206 0.000 230.800 0.000
202306 -1.300 238.300 -1.300

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


Mechel PAO  (NYSE:MTLp) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mechel PAO was 6.55. The lowest was 0.05. And the median was 0.33.


Be Aware

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


Mechel PAO Cyclically Adjusted Book per Share Related Terms

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


Mechel PAO (Mechel PAO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mechel PAO (NYSE:MTLp) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.

Mechel PAO (Mechel PAO) Headlines

From GuruFocus

Mechel Reports Decisions of Its Board of Directors

By ACCESSWIRE ACCESSWIRE 05-31-2022

PJSC Mechel: Mechel Reports Changes in Management

By ACCESSWIRE ACCESSWIRE 09-15-2021

PJSC Mechel: Mechel Reports 2021 Operational Results

By ACCESSWIRE ACCESSWIRE 03-01-2022

PJSC Mechel: Mechel Launches New Wire-Drawing Equipment

By ACCESSWIRE ACCESSWIRE 07-18-2022

PJSC Mechel: Mechel Announces Management Changes

By ACCESSWIRE ACCESSWIRE 02-11-2022