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Cornish Metals (LSE:CUSN) Cyclically Adjusted Book per Share : £0.07 (As of Mar. 2025)


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What is Cornish 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.

Cornish Metals's adjusted book value per share for the three months ended in Mar. 2025 was £0.085. 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 £0.07 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Cornish Metals's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -37.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -27.60% 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 Cornish Metals was 2.50% per year. The lowest was -44.20% per year. And the median was -18.85% per year.

As of today (2025-05-29), Cornish Metals's current stock price is £0.08. Cornish Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was £0.07. Cornish Metals's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cornish Metals was 1.19. The lowest was 0.00. And the median was 0.00.


Cornish Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cornish 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.

Cornish Metals Cyclically Adjusted Book per Share Chart

Cornish Metals Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.13 0.07 0.06

Cornish Metals Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.06 0.07 0.06 0.06 0.07

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

For the Other Industrial Metals & Mining subindustry, Cornish 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.


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

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

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


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Cornish 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, Cornish Metals's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.085/129.1809*129.1809
=0.085

Current CPI (Mar. 2025) = 129.1809.

Cornish Metals Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.034 99.710 0.044
201507 0.030 100.579 0.039
201510 0.029 100.500 0.037
201601 0.022 100.184 0.028
201604 0.018 101.370 0.023
201607 0.047 101.844 0.060
201610 0.044 102.002 0.056
201701 0.076 102.318 0.096
201704 0.064 103.029 0.080
201707 0.064 103.029 0.080
201710 0.065 103.424 0.081
201801 0.062 104.056 0.077
201804 0.054 105.320 0.066
201807 0.047 106.110 0.057
201810 0.064 105.952 0.078
201901 0.059 105.557 0.072
201904 0.055 107.453 0.066
201907 0.049 108.243 0.058
201910 0.056 107.927 0.067
202001 0.048 108.085 0.057
202004 0.034 107.216 0.041
202007 0.033 108.401 0.039
202010 0.032 108.638 0.038
202101 0.032 109.192 0.038
202104 0.042 110.851 0.049
202107 0.043 112.431 0.049
202110 0.043 113.695 0.049
202201 0.042 114.801 0.047
202204 0.040 118.357 0.044
202207 0.105 120.964 0.112
202210 0.104 121.517 0.111
202301 0.103 121.596 0.109
202304 0.104 123.571 0.109
202307 0.101 124.914 0.104
202310 0.101 125.310 0.104
202403 0.097 126.258 0.099
202406 0.095 127.522 0.096
202409 0.102 127.285 0.104
202412 0.100 127.364 0.101
202503 0.085 129.181 0.085

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


Cornish Metals  (LSE:CUSN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.07
=1.14

* 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 Cornish Metals was 1.19. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Cornish Metals Cyclically Adjusted Book per Share Related Terms

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


Cornish Metals Business Description

Industry
Traded in Other Exchanges
Address
1056 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2
Cornish Metals Inc is engaged in the exploration and development of its mineral properties in Cornwall, United Kingdom. Its flagship mineral property is the past producing South Crofty underground tin mine which is being re-opened through a final investment decision. The Cornwall Mineral Properties are one of the highest-grade tin resources globally, with the potential to become a new, low-cost producer for the world. The company also holds other mineral rights in Cornwall with potential for the discovery of tin, copper, lithium, tungsten, zinc, and silver mineralisation.

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