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Hecla Mining Co (STU:HCL) Cyclically Adjusted Book per Share : €3.74 (As of Mar. 2024)


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What is Hecla Mining Co 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.

Hecla Mining Co's adjusted book value per share for the three months ended in Mar. 2024 was €2.878. 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 €3.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hecla Mining Co's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 Hecla Mining Co was 13.00% per year. The lowest was -15.50% per year. And the median was 0.70% per year.

As of today (2024-05-21), Hecla Mining Co's current stock price is €5.716. Hecla Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.74. Hecla Mining Co's Cyclically Adjusted PB Ratio of today is 1.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hecla Mining Co was 2.24. The lowest was 0.32. And the median was 1.00.


Hecla Mining Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hecla Mining Co'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.

Hecla Mining Co Cyclically Adjusted Book per Share Chart

Hecla Mining Co 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 3.64 3.05 3.54 3.96 3.85

Hecla Mining Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.89 3.87 4.18 3.85 3.74

Competitive Comparison of Hecla Mining Co's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Hecla Mining Co'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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.878/131.7762*131.7762
=2.878

Current CPI (Mar. 2024) = 131.7762.

Hecla Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.831 100.560 3.710
201409 2.932 100.428 3.847
201412 3.084 99.070 4.102
201503 3.544 99.621 4.688
201506 3.338 100.684 4.369
201509 3.307 100.392 4.341
201512 3.251 99.792 4.293
201603 3.171 100.470 4.159
201606 3.189 101.688 4.133
201609 3.330 101.861 4.308
201612 3.549 101.863 4.591
201703 3.577 102.862 4.582
201706 3.355 103.349 4.278
201709 3.181 104.136 4.025
201712 3.093 104.011 3.919
201803 3.028 105.290 3.790
201806 3.202 106.317 3.969
201809 3.109 106.507 3.847
201812 3.080 105.998 3.829
201903 3.061 107.251 3.761
201906 2.967 108.070 3.618
201909 2.994 108.329 3.642
201912 2.913 108.420 3.541
202003 2.866 108.902 3.468
202006 2.790 108.767 3.380
202009 2.709 109.815 3.251
202012 2.650 109.897 3.178
202103 2.706 111.754 3.191
202106 2.660 114.631 3.058
202109 2.754 115.734 3.136
202112 2.896 117.630 3.244
202203 2.912 121.301 3.163
202206 3.124 125.017 3.293
202209 3.315 125.227 3.488
202212 3.116 125.222 3.279
202303 3.089 127.348 3.196
202306 3.040 128.729 3.112
202309 3.042 129.860 3.087
202312 2.929 129.419 2.982
202403 2.878 131.776 2.878

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


Hecla Mining Co  (STU:HCL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.716/3.74
=1.53

* 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 Hecla Mining Co was 2.24. The lowest was 0.32. And the median was 1.00.


Be Aware

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


Hecla Mining Co Cyclically Adjusted Book per Share Related Terms

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


Hecla Mining Co (STU:HCL) Business Description

Industry
Address
6500 North Mineral Drive, Suite 200, Coeur d'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, lead, and zinc. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, it derives a majority of its revenue from Canada.

Hecla Mining Co (STU:HCL) Headlines

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