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Teck Resources (MEX:TECK N) Cyclically Adjusted Book per Share : MXN769.78 (As of Mar. 2025)


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What is Teck Resources 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.

Teck Resources's adjusted book value per share for the three months ended in Mar. 2025 was MXN735.490. 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 MXN769.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Teck Resources's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Teck Resources was 15.40% per year. The lowest was 3.10% per year. And the median was 7.35% per year.

As of today (2025-06-29), Teck Resources's current stock price is MXN868.53. Teck Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN769.78. Teck Resources's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Teck Resources was 1.64. The lowest was 0.17. And the median was 0.95.


Teck Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Teck Resources'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.

Teck Resources Cyclically Adjusted Book per Share Chart

Teck Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 545.40 596.48 595.62 537.56 742.82

Teck Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 479.85 575.94 577.15 742.82 769.78

Competitive Comparison of Teck Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Teck Resources'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.


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

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

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


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Teck Resources 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, Teck Resources'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)
=735.49/129.1809*129.1809
=735.490

Current CPI (Mar. 2025) = 129.1809.

Teck Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 413.952 100.500 532.084
201509 371.944 100.421 478.464
201512 357.014 99.947 461.437
201603 370.564 101.054 473.707
201606 407.140 102.002 515.626
201609 425.998 101.765 540.766
201612 482.440 101.449 614.322
201703 439.229 102.634 552.840
201706 434.755 103.029 545.111
201709 485.203 103.345 606.504
201712 532.582 103.345 665.728
201803 506.405 105.004 623.003
201806 553.533 105.557 677.415
201809 558.217 105.636 682.636
201812 585.989 105.399 718.210
201903 595.388 106.979 718.951
201906 596.442 107.690 715.468
201909 629.702 107.611 755.919
201912 557.481 107.769 668.241
202003 671.368 107.927 803.577
202006 667.543 108.401 795.505
202009 653.255 108.164 780.184
202012 585.901 108.559 697.196
202103 623.115 110.298 729.794
202106 628.977 111.720 727.282
202109 655.498 112.905 749.992
202112 690.156 113.774 783.615
202203 695.440 117.646 763.629
202206 754.842 120.806 807.172
202209 742.363 120.648 794.868
202212 711.607 120.964 759.946
202303 673.808 122.702 709.386
202306 655.737 124.203 682.016
202309 668.868 125.230 689.968
202312 660.051 125.072 681.733
202403 619.763 126.258 634.113
202406 681.949 127.522 690.822
202409 703.534 127.285 714.015
202412 753.901 127.364 764.658
202503 735.490 129.181 735.490

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


Teck Resources  (MEX:TECK N) 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.

Teck Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=868.53/769.78
=1.13

* 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 Teck Resources was 1.64. The lowest was 0.17. And the median was 0.95.


Be Aware

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


Teck Resources Cyclically Adjusted Book per Share Related Terms

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


Teck Resources Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024.

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