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Silvercorp Metals (Silvercorp Metals) Cyclically Adjusted Book per Share : $2.42 (As of Dec. 2023)


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What is Silvercorp Metals 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.

Silvercorp Metals's adjusted book value per share for the three months ended in Dec. 2023 was $2.888. 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 $2.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Silvercorp Metals's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Silvercorp Metals was 22.10% per year. The lowest was 7.10% per year. And the median was 8.50% per year.

As of today (2024-04-27), Silvercorp Metals's current stock price is $3.31. Silvercorp Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.42. Silvercorp Metals's Cyclically Adjusted PB Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silvercorp Metals was 4.38. The lowest was 0.36. And the median was 1.61.


Silvercorp Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silvercorp Metals'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.

Silvercorp Metals Cyclically Adjusted Book per Share Chart

Silvercorp Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.75 2.09 2.29 2.27

Silvercorp Metals 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 2.22 2.27 2.32 2.34 2.42

Competitive Comparison of Silvercorp Metals's Cyclically Adjusted Book per Share

For the Silver subindustry, Silvercorp Metals'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.


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

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

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



Silvercorp Metals 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, Silvercorp Metals'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)
=2.888/125.4675*125.4675
=2.888

Current CPI (Dec. 2023) = 125.4675.

Silvercorp Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.050 98.604 2.608
201406 2.072 99.473 2.613
201409 2.119 99.394 2.675
201412 2.118 98.367 2.702
201503 1.398 99.789 1.758
201506 1.411 100.500 1.762
201509 1.387 100.421 1.733
201512 1.373 99.947 1.724
201603 1.400 101.054 1.738
201606 1.393 102.002 1.713
201609 1.460 101.765 1.800
201612 1.472 101.449 1.821
201703 1.567 102.634 1.916
201706 1.656 103.029 2.017
201709 1.767 103.345 2.145
201712 1.867 103.345 2.267
201803 1.971 105.004 2.355
201806 1.941 105.557 2.307
201809 1.946 105.636 2.311
201812 1.953 105.399 2.325
201903 2.046 106.979 2.400
201906 2.088 107.690 2.433
201909 2.102 107.611 2.451
201912 2.196 107.769 2.557
202003 2.121 107.927 2.466
202006 2.295 108.401 2.656
202009 2.475 108.164 2.871
202012 2.618 108.559 3.026
202103 2.661 110.298 3.027
202106 2.792 111.720 3.136
202109 2.822 112.905 3.136
202112 2.878 113.774 3.174
202203 2.893 117.646 3.085
202206 2.793 120.806 2.901
202209 2.620 120.648 2.725
202212 2.751 120.964 2.853
202303 2.764 122.702 2.826
202306 2.731 124.203 2.759
202309 2.767 125.230 2.772
202312 2.888 125.468 2.888

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


Silvercorp Metals  (AMEX:SVM) 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.

Silvercorp Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.31/2.42
=1.37

* 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 Silvercorp Metals was 4.38. The lowest was 0.36. And the median was 1.61.


Be Aware

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


Silvercorp Metals Cyclically Adjusted Book per Share Related Terms

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


Silvercorp Metals (Silvercorp Metals) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. The company creates shareholder's value by focusing on generating free cash flow from long-life mines; organic growth through extensive drilling for discovery; equity investments in potential world-class opportunities; ongoing merger and acquisition efforts to unlock value; and long-term commitment to responsible mining and ESG.