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Yunnan Copper Co (SZSE:000878) Cyclically Adjusted Book per Share : ¥5.20 (As of Mar. 2024)


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What is Yunnan Copper Co 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.

Yunnan Copper Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥7.086. 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 ¥5.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yunnan Copper Co's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Yunnan Copper Co was 10.00% per year. The lowest was -2.60% per year. And the median was 2.40% per year.

As of today (2024-06-05), Yunnan Copper Co's current stock price is ¥13.16. Yunnan Copper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.20. Yunnan Copper Co's Cyclically Adjusted PB Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yunnan Copper Co was 5.18. The lowest was 1.55. And the median was 2.40.


Yunnan Copper Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yunnan Copper Co'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.

Yunnan Copper Co Cyclically Adjusted Book per Share Chart

Yunnan Copper Co 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 4.77 4.84 4.87 4.94 5.11

Yunnan Copper Co 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 4.96 4.98 5.07 5.11 5.20

Competitive Comparison of Yunnan Copper Co's Cyclically Adjusted Book per Share

For the Copper subindustry, Yunnan Copper Co'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.


Yunnan Copper Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Yunnan Copper Co's Cyclically Adjusted PB Ratio falls into.



Yunnan Copper Co 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, Yunnan Copper Co'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)
=7.086/115.2271*115.2271
=7.086

Current CPI (Mar. 2024) = 115.2271.

Yunnan Copper Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.821 98.200 4.484
201409 3.929 98.900 4.578
201412 3.894 99.000 4.532
201503 3.766 99.900 4.344
201506 3.814 99.500 4.417
201509 3.520 100.500 4.036
201512 3.701 100.600 4.239
201603 3.862 102.200 4.354
201606 3.935 101.400 4.472
201609 3.964 102.400 4.461
201612 3.952 102.600 4.438
201703 3.938 103.200 4.397
201706 4.204 103.100 4.698
201709 4.142 104.100 4.585
201712 4.360 104.500 4.808
201803 4.420 105.300 4.837
201806 4.429 104.900 4.865
201809 4.405 106.600 4.761
201812 5.431 106.500 5.876
201903 4.624 107.700 4.947
201906 4.772 107.700 5.106
201909 4.910 109.800 5.153
201912 4.926 111.200 5.104
202003 5.141 112.300 5.275
202006 4.974 110.400 5.191
202009 5.274 111.700 5.441
202012 4.824 111.500 4.985
202103 4.914 112.662 5.026
202106 5.148 111.769 5.307
202109 5.447 112.215 5.593
202112 5.447 113.108 5.549
202203 5.518 114.335 5.561
202206 5.959 114.558 5.994
202209 5.226 115.339 5.221
202212 6.594 115.116 6.600
202303 6.763 115.116 6.770
202306 6.714 114.558 6.753
202309 6.998 115.339 6.991
202312 6.942 114.781 6.969
202403 7.086 115.227 7.086

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


Yunnan Copper Co  (SZSE:000878) 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.

Yunnan Copper Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.16/5.2
=2.53

* 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 Yunnan Copper Co was 5.18. The lowest was 1.55. And the median was 2.40.


Be Aware

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


Yunnan Copper Co Cyclically Adjusted Book per Share Related Terms

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


Yunnan Copper Co (SZSE:000878) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 People's East Road, Yunnan Province, Kunming, CHN, 650011
Yunnan Copper Co Ltd is in the business of copper exploration, mining, smelting, it relates to resource development zinc, titanium, molybdenum, phosphorus, gold, Silver, Platinum, Palladium and other rare and rare metals recycling and geological exploration, engineering consulting, chemical production, futures brokerage, logistics and transportation, international trade and many other industries.
Executives
Wang Chong Directors, executives
Huang Yun Jing Directors, executives
Luo Gang Supervisors
Tian Yong Zhong Director
Han Jin Gen Secretary Dong
Chen Suo Kun Independent director
Zhang Jin Feng Supervisors
Zhang Zheng Bin Supervisors
Shen Nan Shan Directors, executives
Jin Yong Jing Director
Luo Tai Xi Executives
Zhu Qing Fen Director
He Yun Hui Directors, executives
Guan Hong Supervisors

Yunnan Copper Co (SZSE:000878) Headlines

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