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Aurubis AG (XTER:NDA) Cyclically Adjusted PB Ratio : 1.07 (As of May. 16, 2024)


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What is Aurubis AG Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Aurubis AG's current share 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 for today is 1.07.

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

XTER:NDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.18   Max: 2.09
Current: 1.03

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

XTER:NDA's Cyclically Adjusted PB Ratio is ranked better than
72.12% of 2052 companies
in the Industrial Products industry
Industry Median: 1.85 vs XTER:NDA: 1.03

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurubis AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aurubis AG'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.

Aurubis AG Cyclically Adjusted PB Ratio Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.15 1.20 0.85 1.01

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 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 1.28 1.16 1.01 1.06 0.91

Competitive Comparison of Aurubis AG's Cyclically Adjusted PB Ratio

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 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.

Aurubis AG's Cyclically Adjusted PB Ratio for 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.

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

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)
=98.071/125.0381*125.0381
=98.071

Current CPI (Mar. 2024) = 125.0381.

Aurubis AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.276 99.543 53.104
201409 41.702 99.823 52.236
201412 41.436 99.543 52.049
201503 41.496 99.717 52.033
201506 44.511 100.417 55.425
201509 43.727 100.417 54.449
201512 43.226 99.717 54.203
201603 42.099 100.017 52.631
201606 42.925 100.717 53.291
201609 44.228 101.017 54.745
201612 46.636 101.217 57.612
201703 48.421 101.417 59.699
201706 50.482 102.117 61.813
201709 52.554 102.717 63.974
201712 55.320 102.617 67.407
201803 54.941 102.917 66.750
201806 56.553 104.017 67.982
201809 57.072 104.718 68.147
201812 56.821 104.217 68.173
201903 57.162 104.217 68.582
201906 56.800 105.718 67.181
201909 57.772 106.018 68.137
201912 60.623 105.818 71.634
202003 58.152 105.718 68.780
202006 62.576 106.618 73.387
202009 64.812 105.818 76.584
202012 56.230 105.518 66.632
202103 70.861 107.518 82.408
202106 58.453 108.486 67.372
202109 78.842 109.435 90.083
202112 63.342 110.384 71.751
202203 90.562 113.968 99.359
202206 92.283 115.760 99.679
202209 97.518 118.818 102.623
202212 98.949 119.345 103.669
202303 98.693 122.402 100.818
202306 98.815 123.140 100.338
202309 97.213 124.195 97.873
202312 98.129 123.773 99.132
202403 98.071 125.038 98.071

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.


Aurubis AG  (XTER:NDA) 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.


Aurubis AG Cyclically Adjusted PB Ratio Related Terms

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


Aurubis AG (XTER:NDA) Business Description

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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