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Auriant Mining AB (OSTO:AUR) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Auriant Mining AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Auriant Mining AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Auriant Mining 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.

Auriant Mining AB Cyclically Adjusted PB Ratio Chart

Auriant Mining 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 0.89 - - - -

Auriant Mining AB 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 - - - - -

Competitive Comparison of Auriant Mining AB's Cyclically Adjusted PB Ratio

For the Gold subindustry, Auriant Mining 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.


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

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

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



Auriant Mining 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.

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

For example, Auriant Mining AB'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)
=-2.17/132.2054*132.2054
=-2.170

Current CPI (Mar. 2024) = 132.2054.

Auriant Mining AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 -4.046 100.432 -5.326
201409 -5.481 100.161 -7.235
201412 -8.622 100.225 -11.373
201503 -11.467 99.950 -15.168
201506 -10.499 99.995 -13.881
201509 -11.515 100.228 -15.189
201512 -20.066 100.276 -26.455
201603 -20.054 100.751 -26.315
201606 -19.915 101.019 -26.063
201609 -17.940 101.138 -23.451
201612 -17.505 102.022 -22.684
201703 -16.888 102.022 -21.884
201706 -17.664 102.752 -22.727
201709 -2.277 103.279 -2.915
201712 -2.547 103.793 -3.244
201803 -2.763 103.962 -3.514
201806 -1.998 104.875 -2.519
201809 -2.220 105.679 -2.777
201812 -2.402 105.912 -2.998
201903 -2.531 105.886 -3.160
201906 -2.546 106.742 -3.153
201909 -2.703 107.214 -3.333
201912 -2.616 107.766 -3.209
202003 -2.741 106.563 -3.401
202006 -2.144 107.498 -2.637
202009 -1.530 107.635 -1.879
202012 -1.124 108.296 -1.372
202103 -0.989 108.360 -1.207
202106 -0.800 108.928 -0.971
202109 -0.768 110.338 -0.920
202112 -0.574 112.486 -0.675
202203 -0.135 114.825 -0.155
202206 0.357 118.384 0.399
202209 0.345 122.296 0.373
202212 0.149 126.365 0.156
202303 -1.829 127.042 -1.903
202306 -2.305 129.407 -2.355
202309 -2.649 130.224 -2.689
202312 -2.293 131.912 -2.298
202403 -2.170 132.205 -2.170

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.


Auriant Mining AB  (OSTO:AUR) 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.


Auriant Mining AB Cyclically Adjusted PB Ratio Related Terms

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Auriant Mining AB (OSTO:AUR) Business Description

Traded in Other Exchanges
N/A
Address
Box 55696, Stockholm, SWE, 102 15
Auriant Mining AB is a Sweden-based mining company engaged in the exploration and production of gold in different regions of the Russian Federation. Its project portfolio includes Tardan, Kara-Beldyr, Staroverinskaya, and Uzhunzhul. The company derives revenue from the sale of hard rock gold, alluvial gold, and gold equivalents.