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Centerra Gold (LTS:0UP5) Cyclically Adjusted Book per Share : C$10.80 (As of Jun. 2024)


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What is Centerra Gold 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.

Centerra Gold's adjusted book value per share for the three months ended in Jun. 2024 was C$11.142. 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 C$10.80 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Centerra Gold's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Centerra Gold was 9.30% per year. The lowest was 7.30% per year. And the median was 8.30% per year.

As of today (2024-09-21), Centerra Gold's current stock price is C$9.39. Centerra Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$10.80. Centerra Gold's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Centerra Gold was 2.21. The lowest was 0.59. And the median was 1.11.


Centerra Gold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Centerra Gold'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.

Centerra Gold Cyclically Adjusted Book per Share Chart

Centerra Gold 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 7.95 8.61 8.29 9.58 10.33

Centerra Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.33 10.36 10.33 9.76 10.80

Competitive Comparison of Centerra Gold's Cyclically Adjusted Book per Share

For the Gold subindustry, Centerra Gold'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.


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

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

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



Centerra Gold 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, Centerra Gold's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=11.142/127.5217*127.5217
=11.142

Current CPI (Jun. 2024) = 127.5217.

Centerra Gold Quarterly Data

Book Value per Share CPI Adj_Book
201409 6.603 99.394 8.472
201412 6.823 98.367 8.845
201503 7.645 99.789 9.770
201506 7.569 100.500 9.604
201509 7.983 100.421 10.137
201512 8.190 99.947 10.450
201603 7.935 101.054 10.013
201606 7.714 102.002 9.644
201609 8.165 101.765 10.232
201612 8.354 101.449 10.501
201703 8.648 102.634 10.745
201706 8.694 103.029 10.761
201709 8.004 103.345 9.876
201712 8.864 103.345 10.938
201803 9.047 105.004 10.987
201806 9.413 105.557 11.372
201809 9.391 105.636 11.337
201812 9.884 105.399 11.959
201903 10.066 106.979 11.999
201906 10.171 107.690 12.044
201909 9.364 107.611 11.097
201912 9.263 107.769 10.961
202003 9.828 107.927 11.612
202006 9.906 108.401 11.653
202009 10.604 108.164 12.502
202012 10.678 108.559 12.543
202103 11.123 110.298 12.860
202106 7.256 111.720 8.282
202109 7.613 112.905 8.599
202112 8.806 113.774 9.870
202203 9.029 117.646 9.787
202206 9.120 120.806 9.627
202209 11.888 120.648 12.565
202212 11.259 120.964 11.869
202303 10.786 122.702 11.210
202306 10.221 124.203 10.494
202309 10.748 125.230 10.945
202312 10.423 125.072 10.627
202403 10.848 126.258 10.957
202406 11.142 127.522 11.142

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


Centerra Gold  (LTS:0UP5) 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.

Centerra Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.39/10.8
=0.87

* 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 Centerra Gold was 2.21. The lowest was 0.59. And the median was 1.11.


Be Aware

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


Centerra Gold Cyclically Adjusted Book per Share Related Terms

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


Centerra Gold Business Description

Industry
Traded in Other Exchanges
Address
1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

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