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Stillwater Mining Co (Stillwater Mining Co) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Stillwater Mining Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stillwater Mining Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stillwater Mining Co's Cyclically Adjusted PB Ratio 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.

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Stillwater Mining Co Cyclically Adjusted PB Ratio Chart

Stillwater Mining Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Stillwater Mining Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Stillwater Mining Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Stillwater Mining 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.


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

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

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



Stillwater Mining Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Stillwater Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Stillwater Mining Co's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=7.596/101.8627*101.8627
=7.596

Current CPI (Dec. 2016) = 101.8627.

Stillwater Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
200703 5.551 86.640 6.526
200706 5.584 87.906 6.471
200709 5.523 87.964 6.396
200712 5.577 88.616 6.411
200803 5.670 90.090 6.411
200806 5.928 92.320 6.541
200809 5.940 92.307 6.555
200812 4.513 88.697 5.183
200903 4.399 89.744 4.993
200906 4.453 91.003 4.984
200909 4.524 91.120 5.057
200912 4.619 91.111 5.164
201003 4.742 91.821 5.261
201006 4.915 91.962 5.444
201009 5.010 92.162 5.537
201012 5.723 92.474 6.304
201103 6.114 94.283 6.606
201106 6.553 95.235 7.009
201109 6.971 95.727 7.418
201112 7.315 95.213 7.826
201203 7.351 96.783 7.737
201206 7.887 96.819 8.298
201209 7.987 97.633 8.333
201212 9.242 96.871 9.718
201303 9.320 98.209 9.667
201306 9.342 98.518 9.659
201309 7.588 98.790 7.824
201312 6.931 98.326 7.180
201403 7.110 99.695 7.265
201406 7.279 100.560 7.373
201409 7.450 100.428 7.556
201412 7.586 99.070 7.800
201503 7.792 99.621 7.967
201506 7.581 100.684 7.670
201509 7.465 100.392 7.574
201512 7.511 99.792 7.667
201603 7.436 100.470 7.539
201606 7.452 101.688 7.465
201609 7.563 101.861 7.563
201612 7.596 101.863 7.596

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


Stillwater Mining Co  (NYSE:SWC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Stillwater Mining Co Cyclically Adjusted PB Ratio Related Terms

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Stillwater Mining Co (Stillwater Mining Co) Business Description

Traded in Other Exchanges
N/A
Address
Stillwater Mining Company is the only platinum-group metals miner in the United States, and one of the producers outside of South Africa and the Russian Federation. The company is engaged in the development, extraction, and processing of platinum-group metals from a geological formation in south-central Montana known as the J-M Reef. Platinum-group metals are rare precious metals used in a wide variety of applications, including automobile catalysts, fuel cells, hydrogen purification, electronics, jewellery, dentistry, medicine, and coinage. The company also recycles the metals from catalytic converters and other industrial sources. It has Mine production, PGM recycling, Canadian properties, South American properties and All other. Mine production segment engages in the development, extraction, processing and refining of PGMs. The PGM catalyst segment recycles spent catalyst material to recover PGM contained in the material. The Canadian properties segment consists primarily marathon mineral property assets. The exploration stage Marathon mineral properties include PGM and copper deposit located near town of Marathon and Ontario and properties adjacent to Marathon. The South American properties segment includes Peregrine metals Ltd assets. All other segment covers assets including investments, revenues, expenses of corporate and support functions.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
George M Bee director 30 OLD MILL ROAD, SUITE 806, ETOBICOKE A6 M8X 0A5
Kevin G Shiell officer: Vice President STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Patrick M James other: Former Director C/O STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Sheryl K Pressler other: Former Director 5085 HAVEN COURT, ATLANTA GA 30342
Francis R Mcallister officer: Chief Executive Officer STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Platinum Investment Management Ltd 10 percent owner C/O PLATINUM ASSET MANAGEMENT, LEVEL 8, 7 MACQUARIE PLACE, SYDNEY AUSTRALIA 2000 C3 00000
Norlisk Nickel Mmc 10 percent owner VOZNESENSKY PEREULOK, 22 USADBA CENTER MOSCOW, RUSSIA 1Z 0000
Norilsk Holdings Sa 10 percent owner 50 RUE DU RHONE 1204, GENEVE, SWITZERLAND V8 0000
Riegle Donald W Jr other: Former Director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Mcguire Michael E Jr other: Former Director 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Vladimir O Potanin 10 percent owner 9 BOLSHAYA YAKIMANKA STREET, MOSCOW RUSSIA 1Z 0000
Mikhail D Prokhorov 10 percent owner VOZNESENSKY PEREULOK, 22 USADBA CENTER, MOSCOW RUSSIA 1Z 0000
Stephen A Lang officer: Executive Vice President 1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Jack Edward Thompson director ONE NORTH CENTRAL AVE, PHOENIX AZ 85004

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