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Dundee Precious Metals (Dundee Precious Metals) Cyclically Adjusted Book per Share : $5.00 (As of Dec. 2023)


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What is Dundee Precious 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.

Dundee Precious Metals's adjusted book value per share for the three months ended in Dec. 2023 was $6.176. 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 $5.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dundee Precious Metals's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Dundee Precious Metals was 5.00% per year. The lowest was -3.70% per year. And the median was -1.00% per year.

As of today (2024-05-01), Dundee Precious Metals's current stock price is $7.75. Dundee Precious Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.00. Dundee Precious Metals's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dundee Precious Metals was 1.86. The lowest was 0.15. And the median was 0.79.


Dundee Precious Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dundee Precious 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.

Dundee Precious Metals Cyclically Adjusted Book per Share Chart

Dundee Precious Metals 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 4.41 4.47 4.70 4.61 5.00

Dundee Precious 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 4.61 4.72 4.89 4.85 5.00

Competitive Comparison of Dundee Precious Metals's Cyclically Adjusted Book per Share

For the Gold subindustry, Dundee Precious 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.


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

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

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



Dundee Precious 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, Dundee Precious 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)
=6.176/125.4675*125.4675
=6.176

Current CPI (Dec. 2023) = 125.4675.

Dundee Precious Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.432 98.604 6.912
201406 4.859 99.473 6.129
201409 4.835 99.394 6.103
201412 4.994 98.367 6.370
201503 4.975 99.789 6.255
201506 5.008 100.500 6.252
201509 4.910 100.421 6.135
201512 4.535 99.947 5.693
201603 4.579 101.054 5.685
201606 4.562 102.002 5.612
201609 4.166 101.765 5.136
201612 3.436 101.449 4.250
201703 3.281 102.634 4.011
201706 3.428 103.029 4.175
201709 3.467 103.345 4.209
201712 3.508 103.345 4.259
201803 3.487 105.004 4.167
201806 3.485 105.557 4.142
201809 3.562 105.636 4.231
201812 3.540 105.399 4.214
201903 3.535 106.979 4.146
201906 3.646 107.690 4.248
201909 3.706 107.611 4.321
201912 3.249 107.769 3.783
202003 3.224 107.927 3.748
202006 3.659 108.401 4.235
202009 3.997 108.164 4.636
202012 4.403 108.559 5.089
202103 4.254 110.298 4.839
202106 4.761 111.720 5.347
202109 5.014 112.905 5.572
202112 5.247 113.774 5.786
202203 5.368 117.646 5.725
202206 5.403 120.806 5.611
202209 5.020 120.648 5.221
202212 5.227 120.964 5.422
202303 5.469 122.702 5.592
202306 5.736 124.203 5.794
202309 5.874 125.230 5.885
202312 6.176 125.468 6.176

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


Dundee Precious Metals  (OTCPK:DPMLF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.75/5
=1.55

* 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 Dundee Precious Metals was 1.86. The lowest was 0.15. And the median was 0.79.


Be Aware

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


Dundee Precious Metals Cyclically Adjusted Book per Share Related Terms

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


Dundee Precious Metals (Dundee Precious Metals) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
Dundee Precious Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company has three reportable operating segments Chelopech and Ada Tepe in Bulgaria and Tsumeb in Namibia.

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