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Coeur Mining (Coeur Mining) Cyclically Adjusted PB Ratio : 0.89 (As of Apr. 27, 2024)


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What is Coeur Mining Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Coeur Mining's current share price is $4.94. Coeur Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.55. Coeur Mining's Cyclically Adjusted PB Ratio for today is 0.89.

The historical rank and industry rank for Coeur Mining's Cyclically Adjusted PB Ratio or its related term are showing as below:

CDE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.41   Max: 0.94
Current: 0.89

During the past years, Coeur Mining's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.08. And the median was 0.41.

CDE's Cyclically Adjusted PB Ratio is ranked worse than
50.37% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs CDE: 0.89

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.

Coeur Mining's adjusted book value per share data for the three months ended in Dec. 2023 was $2.651. 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 $5.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coeur Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coeur Mining'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.

* Premium members only.

Coeur Mining Cyclically Adjusted PB Ratio Chart

Coeur Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.88 0.50 0.43 0.59

Coeur 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 PB Ratio 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 0.43 0.55 0.43 0.37 0.59

Competitive Comparison of Coeur Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Coeur 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.


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

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

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



Coeur Mining 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.

Coeur Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.94/5.55
=0.89

* 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.

Coeur Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coeur 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)
=2.651/129.4194*129.4194
=2.651

Current CPI (Dec. 2023) = 129.4194.

Coeur Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.389 99.695 21.276
201406 16.008 100.560 20.602
201409 16.070 100.428 20.709
201412 5.362 99.070 7.005
201503 5.359 99.621 6.962
201506 5.307 100.684 6.822
201509 5.216 100.392 6.724
201512 2.785 99.792 3.612
201603 2.644 100.470 3.406
201606 3.056 101.688 3.889
201609 3.774 101.861 4.795
201612 4.247 101.863 5.396
201703 4.334 102.862 5.453
201706 4.285 103.349 5.366
201709 4.214 104.136 5.237
201712 4.390 104.011 5.462
201803 4.374 105.290 5.376
201806 4.377 106.317 5.328
201809 4.105 106.507 4.988
201812 4.193 105.998 5.119
201903 4.058 107.251 4.897
201906 3.815 108.070 4.569
201909 3.870 108.329 4.623
201912 2.762 108.420 3.297
202003 2.712 108.902 3.223
202006 2.683 108.767 3.192
202009 2.725 109.815 3.211
202012 2.845 109.897 3.350
202103 2.959 111.754 3.427
202106 3.378 114.631 3.814
202109 3.167 115.734 3.541
202112 3.115 117.630 3.427
202203 3.205 121.301 3.420
202206 3.053 125.017 3.161
202209 2.926 125.227 3.024
202212 3.006 125.222 3.107
202303 2.859 127.348 2.906
202306 2.824 128.729 2.839
202309 2.739 129.860 2.730
202312 2.651 129.419 2.651

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.


Coeur Mining  (NYSE:CDE) 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.


Coeur Mining Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Coeur Mining's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Coeur Mining (Coeur Mining) Business Description

Address
104 South Michigan Avenue, Suite 900, Chicago, IL, USA, 60603
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.
Executives
Kenneth J Watkinson officer: VP, Corporate Controller 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Paramita Das director 200 SOUTH WACKER DRIVE, SUITE 2100, CHICAGO IL 60606
Aoife Mcgrath officer: SVP, Exploration 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Robert E Mellor director, officer: Chairman (non-executive) SEVEN MADRONE AVE, KENTFIELD CA 94904
Michael Routledge officer: SVP & Chief Operating Officer 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
J Kenneth Thompson director ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Randy Gress director 259 PROSPECT PLAINS ROAD, P O BOX 8000, CRANBURY NJ 08512-8000
Jeane L. Hull director 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Thomas S Whelan officer: SVP & CFO 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Mitchell J Krebs director, officer: President and CEO 1341 W FULLERTON AVE, STE 210, CHICAGO IL 60614
Hans John Rasmussen officer: SVP, Exploration 1002 MEDICINE MAN CLUSTER, MISSOULA MT 59808
Casey M. Nault officer: VP & General Counsel 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Terrence F. Smith officer: VP, North American Operations 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Brian E Sandoval director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Sebastian Edwards director 9900 STELLBAR PLACE, LOS ANGELES CA 90064