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Santacruz Silver Mining (TSXV:SCZ) Cyclically Adjusted Book per Share : C$0.20 (As of Dec. 2023)


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What is Santacruz Silver Mining 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.

Santacruz Silver Mining's adjusted book value per share for the three months ended in Dec. 2023 was C$0.021. 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 C$0.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Santacruz Silver Mining's average Cyclically Adjusted Book Growth Rate was -28.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -18.50% 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 Santacruz Silver Mining was -18.50% per year. The lowest was -18.50% per year. And the median was -18.50% per year.

As of today (2024-05-17), Santacruz Silver Mining's current stock price is C$0.445. Santacruz Silver Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.20. Santacruz Silver Mining's Cyclically Adjusted PB Ratio of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Santacruz Silver Mining was 2.10. The lowest was 0.67. And the median was 1.22.


Santacruz Silver Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Santacruz Silver Mining'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.

Santacruz Silver Mining Cyclically Adjusted Book per Share Chart

Santacruz Silver Mining 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 - 0.37 0.29 0.28 0.20

Santacruz Silver 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 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 0.28 0.26 0.24 0.22 0.20

Competitive Comparison of Santacruz Silver Mining's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Santacruz Silver 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.


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

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

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



Santacruz Silver Mining 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, Santacruz Silver 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)
=0.021/125.0724*125.0724
=0.021

Current CPI (Dec. 2023) = 125.0724.

Santacruz Silver Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.679 98.604 0.861
201406 0.652 99.473 0.820
201409 0.655 99.394 0.824
201412 0.635 98.367 0.807
201503 0.656 99.789 0.822
201506 0.622 100.500 0.774
201509 0.638 100.421 0.795
201512 0.396 99.947 0.496
201603 0.352 101.054 0.436
201606 0.327 102.002 0.401
201609 0.245 101.765 0.301
201612 0.220 101.449 0.271
201703 0.238 102.634 0.290
201706 0.173 103.029 0.210
201709 0.118 103.345 0.143
201712 0.051 103.345 0.062
201803 0.043 105.004 0.051
201806 0.067 105.557 0.079
201809 0.047 105.636 0.056
201812 0.009 105.399 0.011
201903 -0.003 106.979 -0.004
201906 -0.009 107.690 -0.010
201909 -0.019 107.611 -0.022
201912 -0.108 107.769 -0.125
202003 -0.115 107.927 -0.133
202006 -0.111 108.401 -0.128
202009 -0.107 108.164 -0.124
202012 -0.046 108.559 -0.053
202103 -0.012 110.298 -0.014
202106 0.049 111.720 0.055
202109 0.051 112.905 0.056
202112 0.011 113.774 0.012
202203 0.047 117.646 0.050
202206 0.078 120.806 0.081
202209 0.046 120.648 0.048
202212 -0.036 120.964 -0.037
202303 -0.055 122.702 -0.056
202306 -0.049 124.203 -0.049
202309 -0.046 125.230 -0.046
202312 0.021 125.072 0.021

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


Santacruz Silver Mining  (TSXV:SCZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.445/0.2
=2.23

* 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 Santacruz Silver Mining was 2.10. The lowest was 0.67. And the median was 1.22.


Be Aware

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


Santacruz Silver Mining Cyclically Adjusted Book per Share Related Terms

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


Santacruz Silver Mining (TSXV:SCZ) Business Description

Traded in Other Exchanges
Address
1140 West Pender Street, Suite 480, Vancouver, BC, CAN
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company has one producing project, the Zimapan Mine, and two exploration properties in its mineral property portfolio, the La Pechuga Property, and the Santa Gorgonia Prospect. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapan, and Corporate and Other activities.
Executives
W. Barry Girling Director

Santacruz Silver Mining (TSXV:SCZ) Headlines

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