Coeur Mining (XTER:CDM1) Cyclically Adjusted Book per Share: €4.04 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTER:CDM1 Coeur Mining Inc XTER:CDM1
81 GF Score
Price €16.86
GF Value €10.46
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Coeur Mining Cyclically Adjusted Book per Share?

Coeur Mining XTER:CDM1 -2.54% 81 Cyclically Adjusted Book per Share is €4.04 as of Jun. 2026. GuruFocus rates XTER:CDM1 with a GF Score™ of 81/100 and a GF Value™ of €10.46 (Significantly Overvalued). The stock has 3 warning signs investors should review.

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.

Coeur Mining's adjusted book value per share for the three months ended in Jun. 2026 was €8.852. 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 €4.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Coeur Mining's average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -20.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -17.10% 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 Coeur Mining was 10.20% per year. The lowest was -35.40% per year. And the median was -11.75% per year.

As of today (2026-09-16), Coeur Mining's current stock price is €16.855. Coeur Mining's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €4.04. Coeur Mining's Cyclically Adjusted PB Ratio of today is 4.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coeur Mining was 6.57. The lowest was 0.18. And the median was 0.47.


Coeur Mining  (XTER:CDM1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.855/4.044
=4.17

* 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 Coeur Mining was 6.57. The lowest was 0.18. And the median was 0.47.


Be Aware

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


Coeur Mining Cyclically Adjusted Book per Share Related Terms


Coeur Mining Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Coeur 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.

Coeur Mining Cyclically Adjusted Book per Share Chart

Coeur Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 4.96 3.76 3.51 3.69

Coeur Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.68 3.65 3.67 3.87 4.04

XTER:CDM1 vs RGLD, AUGO, HYMC: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Coeur 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.


Coeur Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


XTER:CDM1
81GF Score
Coeur Mining Inc XTER:CDM1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coeur 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, Coeur Mining's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.852/333.9520*333.9520
=8.852

Current CPI (Jun. 2026) = 333.9520.

Coeur Mining Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.358 241.428 4.645
201612 4.027 241.432 5.570
201703 4.052 243.801 5.550
201706 3.757 244.955 5.122
201709 3.565 246.819 4.824
201712 3.656 246.524 4.953
201803 3.556 249.554 4.759
201806 3.749 251.989 4.968
201809 3.534 252.439 4.675
201812 3.668 251.233 4.876
201903 3.614 254.202 4.748
201906 3.350 256.143 4.368
201909 3.550 256.759 4.617
201912 2.460 256.974 3.197
202003 2.472 258.115 3.198
202006 2.389 257.797 3.095
202009 2.324 260.280 2.982
202012 2.325 260.474 2.981
202103 2.518 264.877 3.175
202106 2.849 271.696 3.502
202109 2.733 274.310 3.327
202112 2.739 278.802 3.281
202203 2.880 287.504 3.345
202206 2.920 296.311 3.291
202209 2.986 296.808 3.360
202212 2.817 296.797 3.170
202303 2.632 301.836 2.912
202306 2.588 305.109 2.833
202309 2.587 307.789 2.807
202312 2.400 306.746 2.613
202403 2.365 312.332 2.529
202406 2.411 314.175 2.563
202409 2.431 315.301 2.575
202412 2.717 315.605 2.875
202503 3.982 319.799 4.158
202506 3.749 322.561 3.881
202509 4.100 324.800 4.216
202512 4.393 324.054 4.527
202603 8.736 330.213 8.835
202606 8.852 333.952 8.852

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

What does a Cyclically Adjusted Book per Share of €4.04 mean?
Coeur Mining (XTER:CDM1) has a Cyclically Adjusted Book per Share of €4.04 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Coeur Mining and its competitors.
Is Coeur Mining's Cyclically Adjusted Book per Share too high?
Coeur Mining's current Cyclically Adjusted Book per Share is €4.04. Overall, Coeur Mining has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coeur Mining's Cyclically Adjusted Book per Share compare to RGLD and AUGO?
Coeur Mining's Cyclically Adjusted Book per Share of €4.04 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Coeur Mining and its competitors. Coeur Mining's current Cyclically Adjusted Book per Share is €4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coeur Mining stock overvalued right now?
Based on GuruFocus' analysis, Coeur Mining (XTER:CDM1) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.46, compared to a current price of €16.86 — trading 61.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is €4.04. Coeur Mining's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Coeur Mining (XTER:CDM1), the current Cyclically Adjusted Book per Share is €4.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coeur Mining (XTER:CDM1) Overvalued in 2026?

Based on GuruFocus' analysis, Coeur Mining stock appears to be overvalued. The current stock price of €16.86 is trading 61.1% above its estimated GF Value™ of €10.46. GuruFocus considers Coeur Mining to be Significantly Overvalued.

Key valuation signals for XTER:CDM1:

  • Cyclically Adjusted Book per Share: €4.04
  • GF Value™: €10.46 vs. price of €16.86 (61.1% above fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the XTER:CDM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coeur Mining Business Description

Address 200 South Wacker Drive, Suite 2100, Chicago, IL, USA, 60606
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada, and Mexico generating maximum revenue from United States.
81GF Score

Get the complete analysis for XTER:CDM1

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.86
Price
€10.46
GF Value