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Lucara Diamond (BOT:LUC) Cyclically Adjusted Book per Share : BWP11.14 (As of Mar. 2024)


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What is Lucara Diamond 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.

Lucara Diamond's adjusted book value per share for the three months ended in Mar. 2024 was BWP6.801. 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 BWP11.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lucara Diamond's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Lucara Diamond was 10.80% per year. The lowest was 5.70% per year. And the median was 7.20% per year.

As of today (2024-06-16), Lucara Diamond's current stock price is BWP3.90. Lucara Diamond's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BWP11.14. Lucara Diamond's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lucara Diamond was 5.91. The lowest was 0.34. And the median was 0.93.


Lucara Diamond Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Cyclically Adjusted Book per Share Chart

Lucara Diamond 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 - - 8.59 9.61 9.12

Lucara Diamond Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.64 9.73 11.54 9.12 11.14

Competitive Comparison of Lucara Diamond's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


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

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

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



Lucara Diamond 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, Lucara Diamond'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)
=6.801/126.2576*126.2576
=6.801

Current CPI (Mar. 2024) = 126.2576.

Lucara Diamond Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.123 99.473 10.310
201409 9.193 99.394 11.678
201412 8.182 98.367 10.502
201503 8.086 99.789 10.231
201506 8.113 100.500 10.192
201509 9.183 100.421 11.546
201512 9.175 99.947 11.590
201603 9.984 101.054 12.474
201606 11.479 102.002 14.209
201609 6.875 101.765 8.530
201612 7.106 101.449 8.844
201703 7.047 102.634 8.669
201706 8.087 103.029 9.910
201709 8.874 103.345 10.841
201712 9.112 103.345 11.132
201803 9.315 105.004 11.200
201806 9.038 105.557 10.810
201809 8.838 105.636 10.563
201812 8.287 105.399 9.927
201903 8.277 106.979 9.769
201906 8.155 107.690 9.561
201909 7.516 107.611 8.818
201912 8.109 107.769 9.500
202003 7.182 107.927 8.402
202006 6.801 108.401 7.921
202009 6.754 108.164 7.884
202012 7.125 108.559 8.287
202103 7.121 110.298 8.151
202106 7.490 111.720 8.465
202109 7.647 112.905 8.551
202112 7.464 113.774 8.283
202203 8.246 117.646 8.850
202206 8.044 120.806 8.407
202209 7.569 120.648 7.921
202212 8.087 120.964 8.441
202303 7.960 122.702 8.191
202306 7.971 124.203 8.103
202309 8.145 125.230 8.212
202312 7.209 125.072 7.277
202403 6.801 126.258 6.801

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


Lucara Diamond  (BOT:LUC) 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.

Lucara Diamond's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.90/11.14
=0.35

* 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 Lucara Diamond was 5.91. The lowest was 0.34. And the median was 0.93.


Be Aware

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


Lucara Diamond Cyclically Adjusted Book per Share Related Terms

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


Lucara Diamond (BOT:LUC) Business Description

Industry
Traded in Other Exchanges
Address
1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

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