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SSR Mining (TSX:SSRM) Cyclically Adjusted Book per Share : C$18.24 (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 C$22.456. 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$18.24 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 (2025-05-30), SSR Mining's current stock price is C$16.25. SSR Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$18.24. SSR Mining's Cyclically Adjusted PB Ratio of today is 0.89.

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 12.20 13.64 15.19 16.57 17.75

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 17.01 17.24 17.46 17.75 18.24

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)
=22.456/134.9266*134.9266
=22.456

Current CPI (Mar. 2025) = 134.9266.

SSR Mining Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.832 100.684 11.836
201509 8.645 100.392 11.619
201512 7.587 99.792 10.258
201603 7.451 100.470 10.006
201606 9.660 101.688 12.818
201609 10.102 101.861 13.381
201612 10.075 101.863 13.345
201703 10.687 102.862 14.018
201706 10.842 103.349 14.155
201709 9.919 104.136 12.852
201712 10.664 104.011 13.834
201803 10.369 105.290 13.288
201806 10.582 106.317 13.430
201809 10.561 106.507 13.379
201812 10.840 105.998 13.798
201903 11.339 107.251 14.265
201906 11.436 108.070 14.278
201909 11.838 108.329 14.744
201912 12.132 108.420 15.098
202003 12.890 108.902 15.970
202006 12.711 108.767 15.768
202009 20.099 109.815 24.695
202012 19.451 109.897 23.881
202103 19.891 111.754 24.015
202106 19.538 114.631 22.997
202109 20.499 115.734 23.898
202112 21.373 117.630 24.516
202203 21.404 121.301 23.808
202206 21.902 125.017 23.638
202209 22.593 125.227 24.343
202212 23.533 125.222 25.357
202303 23.800 127.348 25.216
202306 23.550 128.729 24.684
202309 23.994 129.860 24.930
202312 22.298 129.419 23.247
202403 20.622 131.776 21.115
202406 20.943 132.554 21.318
202409 20.779 133.029 21.075
202412 21.874 133.157 22.165
202503 22.456 134.927 22.456

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


SSR Mining  (TSX:SSRM) 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
=16.25/18.24
=0.89

* 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.
Executives
Mike Arthur E. Anglin Director
Alison Lynn White Senior Officer
John Ebbett Senior Officer
Michael John Sparks Senior Officer
Fady Adel Edward Farid Senior Officer
Rod Antal Director, Senior Officer
Stewart Beckman Senior Officer
Alan Peter Krusi Director
Thomas Robert Bates Director
Gregory John Martin Senior Officer
Edward Camp Dowling Director
William John Jr. Decooman Senior Officer
Kevin Patrick O'kane Senior Officer
Nadine June Block Senior Officer
Paul Benson Director, Senior Officer