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BLIDF (Boliden AB) Cyclically Adjusted PB Ratio : 1.73 (As of Dec. 11, 2024)


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What is Boliden AB Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Boliden AB's current share price is $29.94. Boliden AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $17.35. Boliden AB's Cyclically Adjusted PB Ratio for today is 1.73.

The historical rank and industry rank for Boliden AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

BLIDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.48   Max: 3.85
Current: 1.82

During the past years, Boliden AB's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 1.46. And the median was 2.48.

BLIDF's Cyclically Adjusted PB Ratio is ranked worse than
69.71% of 1578 companies
in the Metals & Mining industry
Industry Median: 0.83 vs BLIDF: 1.82

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.

Boliden AB's adjusted book value per share data for the three months ended in Sep. 2024 was $22.002. 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 $17.35 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boliden AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Boliden AB's Cyclically Adjusted PB Ratio 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.

Boliden AB Cyclically Adjusted PB Ratio Chart

Boliden AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.58 2.75 2.54 1.84

Boliden AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio 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 1.89 1.84 1.71 1.91 1.92

Competitive Comparison of Boliden AB's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Boliden AB'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.


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

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

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



Boliden AB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Boliden AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.94/17.35
=1.73

* 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.

Boliden AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Boliden AB's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=22.002/132.3043*132.3043
=22.002

Current CPI (Sep. 2024) = 132.3043.

Boliden AB Quarterly Data

Book Value per Share CPI Adj_Book
201412 11.487 100.225 15.164
201503 10.558 99.950 13.976
201506 11.054 99.995 14.626
201509 11.194 100.228 14.776
201512 11.106 100.276 14.653
201603 11.602 100.751 15.235
201606 11.524 101.019 15.093
201609 11.816 101.138 15.457
201612 11.669 102.022 15.133
201703 12.718 102.022 16.493
201706 13.111 102.752 16.882
201709 14.840 103.279 19.011
201712 15.267 103.793 19.461
201803 16.738 103.962 21.301
201806 15.029 104.875 18.960
201809 15.242 105.679 19.082
201812 15.790 105.912 19.725
201903 16.198 105.886 20.239
201906 15.140 106.742 18.766
201909 15.283 107.214 18.860
201912 16.059 107.766 19.716
202003 16.079 106.563 19.963
202006 16.464 107.498 20.263
202009 18.176 107.635 22.342
202012 19.946 108.296 24.368
202103 20.642 108.360 25.203
202106 20.165 108.928 24.493
202109 20.403 110.338 24.465
202112 20.460 112.486 24.065
202203 21.097 114.825 24.308
202206 18.876 118.384 21.096
202209 18.459 122.296 19.970
202212 20.543 126.365 21.509
202303 21.204 127.042 22.082
202306 18.738 129.407 19.158
202309 18.474 130.224 18.769
202312 20.107 131.912 20.167
202403 20.529 132.205 20.544
202406 20.799 132.716 20.734
202409 22.002 132.304 22.002

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


Boliden AB  (OTCPK:BLIDF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Boliden AB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Boliden AB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Boliden AB Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates six mining areas and five smelters in Sweden, Norway, Finland, and Ireland. The company processes zinc, copper, gold, silver and other metals and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: business area smelters and business area mines. The business area mines division comprises six mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti and Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines. The company generates maximum revenue from Business area Smelters segment.