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Lundin Mining (OSTO:LUMI) Cyclically Adjusted Book per Share : kr62.60 (As of Sep. 2024)


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What is Lundin Mining 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.

Lundin Mining's adjusted book value per share for the three months ended in Sep. 2024 was kr66.171. 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 kr62.60 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Lundin Mining's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Lundin Mining was 11.60% per year. The lowest was -1.60% per year. And the median was 3.95% per year.

As of today (2024-12-13), Lundin Mining's current stock price is kr99.90. Lundin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr62.60. Lundin Mining's Cyclically Adjusted PB Ratio of today is 1.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lundin Mining was 2.26. The lowest was 0.45. And the median was 1.11.


Lundin Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Cyclically Adjusted Book per Share Chart

Lundin Mining 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 49.44 43.60 52.02 60.27 61.50

Lundin Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 65.93 61.50 63.34 64.96 62.60

Competitive Comparison of Lundin Mining's Cyclically Adjusted Book per Share

For the Copper subindustry, Lundin Mining'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.


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

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

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



Lundin Mining 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, Lundin Mining's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=66.171/127.2847*127.2847
=66.171

Current CPI (Sep. 2024) = 127.2847.

Lundin Mining Quarterly Data

Book Value per Share CPI Adj_Book
201412 44.670 98.367 57.802
201503 49.404 99.789 63.017
201506 48.799 100.500 61.804
201509 48.984 100.421 62.088
201512 45.014 99.947 57.326
201603 44.381 101.054 55.901
201606 34.807 102.002 43.435
201609 35.663 101.765 44.606
201612 40.177 101.449 50.409
201703 40.058 102.634 49.679
201706 40.312 103.029 49.803
201709 38.836 103.345 47.832
201712 42.265 103.345 52.056
201803 41.513 105.004 50.322
201806 44.406 105.557 53.546
201809 44.943 105.636 54.153
201812 45.440 105.399 54.875
201903 46.914 106.979 55.819
201906 47.331 107.690 55.943
201909 48.363 107.611 57.205
201912 48.471 107.769 57.248
202003 48.364 107.927 57.038
202006 46.363 108.401 54.439
202009 45.904 108.164 54.019
202012 45.198 108.559 52.994
202103 46.705 110.298 53.898
202106 48.329 111.720 55.062
202109 50.208 112.905 56.603
202112 54.973 113.774 61.501
202203 60.449 117.646 65.402
202206 62.470 120.806 65.820
202209 66.077 120.648 69.712
202212 65.453 120.964 68.873
202303 67.602 122.702 70.127
202306 69.386 124.203 71.107
202309 70.582 125.230 71.740
202312 65.779 125.072 66.943
202403 65.723 126.258 66.258
202406 67.115 127.522 66.990
202409 66.171 127.285 66.171

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


Lundin Mining  (OSTO:LUMI) 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.

Lundin Mining's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=99.90/62.6
=1.60

* 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 Lundin Mining was 2.26. The lowest was 0.45. 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.


Lundin Mining Cyclically Adjusted Book per Share Related Terms

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


Lundin Mining Business Description

Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. The majority of the revenue is from Copper.

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