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Lundin Mining (Lundin Mining) Cyclically Adjusted PB Ratio : 2.06 (As of May. 15, 2024)


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What is Lundin Mining Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Lundin Mining's current share price is $12.46. Lundin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.04. Lundin Mining's Cyclically Adjusted PB Ratio for today is 2.06.

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

LUNMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.02   Max: 2.26
Current: 1.96

During the past years, Lundin Mining's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 0.45. And the median was 1.02.

LUNMF's Cyclically Adjusted PB Ratio is ranked worse than
70.85% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.855 vs LUNMF: 1.96

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.

Lundin Mining's adjusted book value per share data for the three months ended in Mar. 2024 was $6.313. 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 $6.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lundin Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lundin 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.

Lundin Mining Cyclically Adjusted PB Ratio Chart

Lundin 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 1.14 1.64 1.36 1.06 1.33

Lundin Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.15 1.28 1.24 1.33 1.70

Competitive Comparison of Lundin Mining's Cyclically Adjusted PB Ratio

For the Copper subindustry, Lundin 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.


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

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

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



Lundin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.46/6.04
=2.06

* 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.

Lundin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lundin Mining'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)
=6.313/125.4675*125.4675
=6.313

Current CPI (Mar. 2024) = 125.4675.

Lundin Mining Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.341 99.473 7.998
201409 6.226 99.394 7.859
201412 5.855 98.367 7.468
201503 5.782 99.789 7.270
201506 5.904 100.500 7.371
201509 5.855 100.421 7.315
201512 5.300 99.947 6.653
201603 5.322 101.054 6.608
201606 4.191 102.002 5.155
201609 4.180 101.765 5.154
201612 4.364 101.449 5.397
201703 4.493 102.634 5.493
201706 4.645 103.029 5.657
201709 4.849 103.345 5.887
201712 5.036 103.345 6.114
201803 5.038 105.004 6.020
201806 5.046 105.557 5.998
201809 5.027 105.636 5.971
201812 5.032 105.399 5.990
201903 5.048 106.979 5.920
201906 5.031 107.690 5.862
201909 4.981 107.611 5.808
201912 5.139 107.769 5.983
202003 4.913 107.927 5.711
202006 4.980 108.401 5.764
202009 5.184 108.164 6.013
202012 5.405 108.559 6.247
202103 5.467 110.298 6.219
202106 5.756 111.720 6.464
202109 5.808 112.905 6.454
202112 6.048 113.774 6.670
202203 6.320 117.646 6.740
202206 6.225 120.806 6.465
202209 6.056 120.648 6.298
202212 6.307 120.964 6.542
202303 6.453 122.702 6.598
202306 6.443 124.203 6.509
202309 6.367 125.230 6.379
202312 6.413 125.468 6.413
202403 6.313 125.468 6.313

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.


Lundin Mining  (OTCPK:LUNMF) 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.


Lundin Mining Cyclically Adjusted PB Ratio Related Terms

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


Lundin Mining (Lundin Mining) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (Lundin Mining) Headlines

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