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Silvercorp Metals (TSX:SVM) Cyclically Adjusted Book per Share : C$3.45 (As of Mar. 2025)


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What is Silvercorp Metals 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.

Silvercorp Metals's adjusted book value per share for the three months ended in Mar. 2025 was C$4.633. 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$3.45 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Silvercorp Metals's average Cyclically Adjusted Book Growth Rate was 7.10% 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 6.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Silvercorp Metals was 22.10% per year. The lowest was 6.20% per year. And the median was 7.80% per year.

As of today (2025-05-29), Silvercorp Metals's current stock price is C$5.44. Silvercorp Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$3.45. Silvercorp Metals's Cyclically Adjusted PB Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silvercorp Metals was 4.38. The lowest was 0.36. And the median was 1.59.


Silvercorp Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silvercorp Metals'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.

Silvercorp Metals Cyclically Adjusted Book per Share Chart

Silvercorp Metals Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 2.88 3.05 3.22 3.45

Silvercorp Metals 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 3.22 3.28 3.31 3.35 3.45

Competitive Comparison of Silvercorp Metals's Cyclically Adjusted Book per Share

For the Silver subindustry, Silvercorp Metals'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.


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

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

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


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Silvercorp Metals 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, Silvercorp Metals'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)
=4.633/129.1809*129.1809
=4.633

Current CPI (Mar. 2025) = 129.1809.

Silvercorp Metals Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.744 100.500 2.242
201509 1.839 100.421 2.366
201512 1.883 99.947 2.434
201603 1.851 101.054 2.366
201606 1.796 102.002 2.275
201609 1.914 101.765 2.430
201612 1.963 101.449 2.500
201703 2.098 102.634 2.641
201706 2.201 103.029 2.760
201709 2.169 103.345 2.711
201712 2.384 103.345 2.980
201803 2.549 105.004 3.136
201806 2.548 105.557 3.118
201809 2.536 105.636 3.101
201812 2.624 105.399 3.216
201903 2.735 106.979 3.303
201906 2.775 107.690 3.329
201909 2.783 107.611 3.341
201912 2.892 107.769 3.467
202003 2.961 107.927 3.544
202006 3.110 108.401 3.706
202009 3.275 108.164 3.911
202012 3.353 108.559 3.990
202103 3.344 110.298 3.917
202106 3.411 111.720 3.944
202109 3.576 112.905 4.092
202112 3.683 113.774 4.182
202203 3.663 117.646 4.022
202206 3.576 120.806 3.824
202209 3.495 120.648 3.742
202212 3.737 120.964 3.991
202303 3.782 122.702 3.982
202306 3.629 124.203 3.774
202309 3.744 125.230 3.862
202312 3.874 125.072 4.001
202403 3.872 126.258 3.962
202406 4.044 127.522 4.097
202409 4.395 127.285 4.460
202412 4.648 127.364 4.714
202503 4.633 129.181 4.633

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


Silvercorp Metals  (TSX:SVM) 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.

Silvercorp Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.44/3.45
=1.58

* 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 Silvercorp Metals was 4.38. The lowest was 0.36. And the median was 1.59.


Be Aware

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


Silvercorp Metals Cyclically Adjusted Book per Share Related Terms

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


Silvercorp Metals Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. The company creates shareholder's value by focusing on generating free cash flow from long-life mines; organic growth through extensive drilling for discovery; equity investments in potential world-class opportunities; ongoing merger and acquisition efforts to unlock value; and long-term commitment to responsible mining and ESG. The Company's producing mines are located in China, and current exploration and development projects are located in China and Mexico.
Executives
Yikang Liu Director
Rui Feng Director, Senior Officer
Jonathan Hoyles Senior Officer
Derek Zhihua Liu Senior Officer
David Tokpay Kong Director
Lon Eric Shaver Senior Officer
Yong-jae Kim Senior Officer
Gordon Neal Senior Officer
Stephen Paul Simpson Director
Marina Katusa Director
Jialiang Yuan Senior Officer
New Pacific Holdings Corp. Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)