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Sumitomo Metal Mining Co (TSE:5713) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 07, 2024)


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What is Sumitomo Metal Mining Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Sumitomo Metal Mining Co's current share price is 円4846.00. Sumitomo Metal Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円4,512.41. Sumitomo Metal Mining Co's Cyclically Adjusted PB Ratio for today is 1.07.

The historical rank and industry rank for Sumitomo Metal Mining Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:5713' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.14   Max: 1.89
Current: 1.13

During the past years, Sumitomo Metal Mining Co's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.57. And the median was 1.14.

TSE:5713's Cyclically Adjusted PB Ratio is ranked worse than
56.85% of 1636 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSE:5713: 1.13

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.

Sumitomo Metal Mining Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円6,487.189. 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 円4,512.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Metal Mining Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sumitomo Metal 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.

* Premium members only.

Sumitomo Metal Mining Co Cyclically Adjusted PB Ratio Chart

Sumitomo Metal Mining Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.40 1.68 1.23 1.02

Sumitomo Metal 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 1.23 1.10 1.02 0.96 1.02

Competitive Comparison of Sumitomo Metal Mining Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Sumitomo Metal 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.


Sumitomo Metal Mining Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Sumitomo Metal 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.

Sumitomo Metal Mining Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4846.00/4512.41
=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.

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

For example, Sumitomo Metal 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)
=6487.189/107.2000*107.2000
=6,487.189

Current CPI (Mar. 2024) = 107.2000.

Sumitomo Metal Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,299.868 98.000 3,609.652
201409 3,391.071 98.500 3,690.587
201412 3,621.361 97.900 3,965.372
201503 3,810.992 97.900 4,173.017
201506 3,851.222 98.400 4,195.640
201509 3,916.894 98.500 4,262.853
201512 3,676.987 98.100 4,018.073
201603 3,563.818 97.900 3,902.363
201606 3,400.169 98.100 3,715.577
201609 3,301.614 98.000 3,611.561
201612 3,210.637 98.400 3,497.767
201703 3,486.923 98.100 3,810.379
201706 3,510.332 98.500 3,820.382
201709 3,571.746 98.800 3,875.417
201712 3,699.227 99.400 3,989.508
201803 3,746.024 99.200 4,048.123
201806 3,717.024 99.200 4,016.784
201809 3,896.559 99.900 4,181.293
201812 3,844.775 99.700 4,134.001
201903 3,812.252 99.700 4,099.031
201906 3,605.412 99.800 3,872.747
201909 3,612.359 100.100 3,868.580
201912 3,679.058 100.500 3,924.329
202003 3,646.331 100.300 3,897.175
202006 3,605.839 99.900 3,869.329
202009 3,674.492 99.900 3,942.998
202012 3,829.949 99.300 4,134.648
202103 4,053.946 99.900 4,350.180
202106 4,242.134 99.500 4,570.420
202109 4,525.709 100.100 4,846.713
202112 4,653.027 100.100 4,983.062
202203 5,260.160 101.100 5,577.539
202206 5,489.535 101.800 5,780.728
202209 5,953.015 103.100 6,189.750
202212 6,119.163 104.100 6,301.386
202303 5,938.424 104.400 6,097.692
202306 6,002.828 105.200 6,116.950
202309 6,446.528 106.200 6,507.230
202312 6,536.070 106.800 6,560.550
202403 6,487.189 107.200 6,487.189

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.


Sumitomo Metal Mining Co  (TSE:5713) 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.


Sumitomo Metal Mining Co Cyclically Adjusted PB Ratio Related Terms

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Sumitomo Metal Mining Co (TSE:5713) Business Description

Traded in Other Exchanges
Address
11-3, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8716
Sumitomo Metal Mining Co Ltd has three core operating segments, namely mineral resources, smelting and refining, and materials. The mineral resources business is engaged in exploration, development, production and sale of non-ferrous metals, primarily in Japan. The smelting and refining segment which generates the majority of group revenue, smelts and sells copper, nickel zinc, lead gold and others, and manufactures and sells stretched copper products and special steel castings. The materials division manufactures semiconductor materials, battery materials, bonding materials, aerated light-weight concrete, chemical catalysts among others.

Sumitomo Metal Mining Co (TSE:5713) Headlines

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