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Lepanto Consolidated Mining Co (Lepanto Consolidated Mining Co) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Lepanto Consolidated Mining Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lepanto Consolidated Mining Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lepanto Consolidated Mining Co'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.

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Lepanto Consolidated Mining Co Cyclically Adjusted PB Ratio Chart

Lepanto Consolidated Mining Co 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 0.59 1.08 0.98 0.79 0.62

Lepanto Consolidated Mining Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.78 0.74 0.66 0.62 0.62

Competitive Comparison of Lepanto Consolidated Mining Co's Cyclically Adjusted PB Ratio

For the Gold subindustry, Lepanto Consolidated Mining Co'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.


Lepanto Consolidated Mining Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Lepanto Consolidated Mining Co 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.

Lepanto Consolidated Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lepanto Consolidated Mining Co'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)
=0.001/131.7762*131.7762
=0.001

Current CPI (Mar. 2024) = 131.7762.

Lepanto Consolidated Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.002 100.560 0.003
201409 0.002 100.428 0.003
201412 0.002 99.070 0.003
201503 0.002 99.621 0.003
201506 0.002 100.684 0.003
201509 0.002 100.392 0.003
201512 0.002 99.792 0.003
201603 0.002 100.470 0.003
201606 0.002 101.688 0.003
201609 0.002 101.861 0.003
201612 0.002 101.863 0.003
201703 0.002 102.862 0.003
201706 0.002 103.349 0.003
201709 0.002 104.136 0.003
201712 0.002 104.011 0.003
201803 0.002 105.290 0.003
201806 0.002 106.317 0.002
201809 0.002 106.507 0.002
201812 0.002 105.998 0.002
201903 0.002 107.251 0.002
201906 0.002 108.070 0.002
201909 0.002 108.329 0.002
201912 0.002 108.420 0.002
202003 0.002 108.902 0.002
202006 0.002 108.767 0.002
202009 0.002 109.815 0.002
202012 0.001 109.897 0.001
202103 0.001 111.754 0.001
202106 0.001 114.631 0.001
202109 0.001 115.734 0.001
202112 0.001 117.630 0.001
202203 0.001 121.301 0.001
202206 0.001 125.017 0.001
202209 0.001 125.227 0.001
202212 0.001 125.222 0.001
202303 0.001 127.348 0.001
202306 0.001 128.729 0.001
202309 0.001 129.860 0.001
202312 0.001 129.419 0.001
202403 0.001 131.776 0.001

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.


Lepanto Consolidated Mining Co  (OTCPK:LECBF) 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.


Lepanto Consolidated Mining Co Cyclically Adjusted PB Ratio Related Terms

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Lepanto Consolidated Mining Co (Lepanto Consolidated Mining Co) Business Description

Traded in Other Exchanges
Address
21st Floor Lepanto Building, 8747 Paseo de Roxas, Makati City, PHL, 1229
Lepanto Consolidated Mining Co is a Filipino primary gold producer. Lepanto currently operates the Victoria and Teresa gold deposits. The Group derives revenue from the following main operating business segments: Mining Activities- This segment engages in the exploration and mining of gold, silver, copper, lead, zinc, and all kinds of ores, metals, minerals, oil, gas, and coal and their related by-products; Service- This segment derives its income from drilling, hauling and sawmilling services to its related and outside parties; Others- This segment is engaged in the trading, manufacturing, investing, and insurance broker activities of the Group. The Mining segment generates maximum revenue for the company.

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