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Aurubis AG (XTER:NDA) Cyclically Adjusted Book per Share : €71.48 (As of Mar. 2024)


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What is Aurubis AG 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.

Aurubis AG's adjusted book value per share for the three months ended in Mar. 2024 was €98.071. 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 €71.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aurubis AG's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Aurubis AG was 11.30% per year. The lowest was 6.00% per year. And the median was 9.40% per year.

As of today (2024-05-16), Aurubis AG's current stock price is €76.45. Aurubis AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €71.48. Aurubis AG's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aurubis AG was 2.09. The lowest was 0.70. And the median was 1.18.


Aurubis AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aurubis AG'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.

Aurubis AG Cyclically Adjusted Book per Share Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.69 50.35 54.26 62.40 69.43

Aurubis AG 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 66.25 67.78 69.43 70.27 71.48

Competitive Comparison of Aurubis AG's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Aurubis AG'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.


Aurubis AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aurubis AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aurubis AG 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, Aurubis AG'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)
=98.071/123.6675*123.6675
=98.071

Current CPI (Mar. 2024) = 123.6675.

Aurubis AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.276 99.543 52.522
201409 41.702 99.823 51.664
201412 41.436 99.543 51.478
201503 41.496 99.717 51.463
201506 44.511 100.417 54.817
201509 43.727 100.417 53.852
201512 43.226 99.717 53.608
201603 42.099 100.017 52.054
201606 42.925 100.717 52.706
201609 44.228 101.017 54.145
201612 46.636 101.217 56.980
201703 48.421 101.417 59.044
201706 50.482 102.117 61.136
201709 52.554 102.717 63.273
201712 55.320 102.617 66.668
201803 54.941 102.917 66.018
201806 56.553 104.017 67.237
201809 57.072 104.718 67.400
201812 56.821 104.217 67.426
201903 57.162 104.217 67.830
201906 56.800 105.718 66.444
201909 57.772 106.018 67.390
201912 60.623 105.818 70.849
202003 58.152 105.718 68.026
202006 62.576 106.618 72.583
202009 64.812 105.818 75.745
202012 56.230 105.518 65.902
202103 70.861 107.518 81.505
202106 58.453 108.486 66.633
202109 78.842 109.435 89.096
202112 63.342 110.384 70.965
202203 90.562 113.968 98.269
202206 92.283 115.760 98.586
202209 97.518 118.818 101.498
202212 98.949 119.345 102.533
202303 98.693 122.402 99.713
202306 98.815 123.140 99.238
202309 97.213 124.195 96.800
202312 98.129 123.668 98.129
202403 98.071 123.668 98.071

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


Aurubis AG  (XTER:NDA) 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.

Aurubis AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=76.45/71.48
=1.07

* 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 Aurubis AG was 2.09. The lowest was 0.70. And the median was 1.18.


Be Aware

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


Aurubis AG Cyclically Adjusted Book per Share Related Terms

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


Aurubis AG (XTER:NDA) Business Description

Industry
Traded in Other Exchanges
Address
Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.
Executives
Dr. Heiko Arnold Board of Directors

Aurubis AG (XTER:NDA) Headlines

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