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Coeur Mining (BUE:CDE) Cyclically Adjusted Book per Share : ARS5,444.45 (As of Dec. 2023)


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What is Coeur Mining Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Coeur Mining's adjusted book value per share for the three months ended in Dec. 2023 was ARS956.886. 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 ARS5,444.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Coeur Mining's average Cyclically Adjusted Book Growth Rate was -29.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -22.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -19.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Coeur Mining was 10.20% per year. The lowest was -35.40% per year. And the median was -11.10% per year.

As of today (2024-04-29), Coeur Mining's current stock price is ARS5308.00. Coeur Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS5,444.45. Coeur Mining's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coeur Mining was 0.94. The lowest was 0.08. And the median was 0.41.


Coeur Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Coeur Mining's Cyclically Adjusted Book per Share 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.

Coeur Mining Cyclically Adjusted Book per Share Chart

Coeur Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 580.28 1,613.68 1,997.04 2,712.34 5,444.45

Coeur Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 2,712.34 2,944.84 3,434.08 4,939.45 5,444.45

Competitive Comparison of Coeur Mining's Cyclically Adjusted Book per Share

For the Gold subindustry, Coeur Mining'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.


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

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

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



Coeur Mining Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Coeur Mining's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=956.886/129.4194*129.4194
=956.886

Current CPI (Dec. 2023) = 129.4194.

Coeur Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 129.952 99.695 168.698
201406 130.067 100.560 167.395
201409 135.291 100.428 174.347
201412 45.849 99.070 59.895
201503 47.263 99.621 61.400
201506 48.218 100.684 61.980
201509 49.042 100.392 63.222
201512 36.046 99.792 46.748
201603 38.610 100.470 49.735
201606 42.718 101.688 54.368
201609 56.290 101.861 71.519
201612 67.331 101.863 85.546
201703 66.820 102.862 84.072
201706 70.654 103.349 88.477
201709 73.844 104.136 91.773
201712 83.830 104.011 104.308
201803 88.129 105.290 108.326
201806 109.155 106.317 132.874
201809 151.068 106.507 183.567
201812 158.103 105.998 193.038
201903 158.626 107.251 191.414
201906 170.461 108.070 204.137
201909 216.442 108.329 258.580
201912 165.070 108.420 197.042
202003 168.342 108.902 200.059
202006 183.657 108.767 218.529
202009 202.311 109.815 238.428
202012 231.529 109.897 272.659
202103 266.577 111.754 308.715
202106 320.036 114.631 361.322
202109 309.686 115.734 346.305
202112 314.567 117.630 346.096
202203 344.088 121.301 367.117
202206 367.318 125.017 380.253
202209 406.500 125.227 420.111
202212 504.040 125.222 520.936
202303 564.847 127.348 574.036
202306 677.685 128.729 681.321
202309 958.679 129.860 955.430
202312 956.886 129.419 956.886

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


Coeur Mining  (BUE:CDE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Coeur Mining's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5308.00/5444.45
=0.97

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Coeur Mining was 0.94. The lowest was 0.08. And the median was 0.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Coeur Mining Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Coeur Mining's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Coeur Mining (BUE:CDE) Business Description

Industry
Traded in Other Exchanges
Address
104 South Michigan Avenue, Suite 900, Chicago, IL, USA, 60603
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.

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