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SSRGF (SSR Mining) Cyclically Adjusted Book per Share : $7.43 (As of Mar. 2025)


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What is SSR 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.

SSR Mining's adjusted book value per share for the three months ended in Mar. 2025 was $15.642. 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 $7.43 for the trailing ten years ended in Mar. 2025.

During the past 12 months, SSR Mining's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 SSR Mining was 20.20% per year. The lowest was 3.70% per year. And the median was 10.20% per year.

As of today (2025-05-20), SSR Mining's current stock price is $11.00. SSR Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $7.43. SSR Mining's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SSR Mining was 2.75. The lowest was 0.33. And the median was 1.29.


SSR Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for SSR 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.

SSR Mining Cyclically Adjusted Book per Share Chart

SSR Mining 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 - - - 15.79 10.38

SSR Mining 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 38.22 37.80 30.81 10.38 7.43

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

For the Gold subindustry, SSR 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.


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

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

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


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SSR 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, SSR Mining'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)
=15.642/134.9266*134.9266
=15.642

Current CPI (Mar. 2025) = 134.9266.

SSR Mining Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.143 100.684 9.572
201509 6.517 100.392 8.759
201512 5.533 99.792 7.481
201603 5.633 100.470 7.565
201606 7.492 101.688 9.941
201609 7.707 101.861 10.209
201612 7.553 101.863 10.005
201703 7.983 102.862 10.471
201706 8.155 103.349 10.647
201709 8.078 104.136 10.467
201712 8.352 104.011 10.834
201803 8.017 105.290 10.274
201806 8.062 106.317 10.231
201809 8.103 106.507 10.265
201812 8.068 105.998 10.270
201903 8.480 107.251 10.668
201906 8.606 108.070 10.745
201909 8.940 108.329 11.135
201912 9.213 108.420 11.465
202003 9.234 108.902 11.441
202006 9.380 108.767 11.636
202009 15.192 109.815 18.666
202012 15.186 109.897 18.645
202103 15.826 111.754 19.108
202106 15.988 114.631 18.819
202109 16.178 115.734 18.861
202112 16.698 117.630 19.153
202203 16.907 121.301 18.806
202206 17.106 125.017 18.462
202209 16.937 125.227 18.249
202212 17.322 125.222 18.664
202303 17.394 127.348 18.429
202306 17.725 128.729 18.578
202309 17.733 129.860 18.425
202312 16.620 129.419 17.327
202403 15.235 131.776 15.599
202406 15.281 132.554 15.555
202409 15.339 133.029 15.558
202412 15.353 133.157 15.557
202503 15.642 134.927 15.642

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


SSR Mining  (OTCPK:SSRGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.00/7.43
=1.48

* 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 SSR Mining was 2.75. The lowest was 0.33. And the median was 1.29.


Be Aware

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


SSR Mining Cyclically Adjusted Book per Share Related Terms

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


SSR Mining Business Description

Industry
Traded in Other Exchanges
Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.