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Endeavour Mining (LSE:EDV) Cyclically Adjusted Book per Share : £10.34 (As of Dec. 2023)


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What is Endeavour 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.

Endeavour Mining's adjusted book value per share for the three months ended in Dec. 2023 was £10.399. 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 £10.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Endeavour Mining's average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.30% 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 Endeavour Mining was 13.50% per year. The lowest was -10.50% per year. And the median was 1.60% per year.

As of today (2024-04-29), Endeavour Mining's current stock price is £17.05. Endeavour Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was £10.34. Endeavour Mining's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Endeavour Mining was 3.21. The lowest was 1.22. And the median was 1.67.


Endeavour Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Endeavour 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.

Endeavour Mining Cyclically Adjusted Book per Share Chart

Endeavour 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 13.66 11.11 10.49 10.62 10.34

Endeavour 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 10.62 10.48 10.51 10.44 10.34

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

For the Gold subindustry, Endeavour 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.


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

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

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



Endeavour 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, Endeavour 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)
=10.399/130.0000*130.0000
=10.399

Current CPI (Dec. 2023) = 130.0000.

Endeavour Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.833 99.300 14.182
201406 10.636 99.800 13.855
201409 11.083 100.000 14.408
201412 7.193 99.900 9.360
201503 7.687 99.600 10.033
201506 7.858 100.100 10.205
201509 8.041 100.200 10.432
201512 6.390 100.400 8.274
201603 6.724 100.400 8.706
201606 6.947 101.000 8.942
201609 7.903 101.500 10.122
201612 7.784 102.200 9.901
201703 7.819 102.700 9.897
201706 7.535 103.500 9.464
201709 7.469 104.300 9.309
201712 6.832 105.000 8.459
201803 6.655 105.100 8.232
201806 6.904 105.900 8.475
201809 6.934 106.600 8.456
201812 6.271 107.100 7.612
201903 5.865 107.000 7.126
201906 6.131 107.900 7.387
201909 6.075 108.400 7.286
201912 4.983 108.500 5.970
202003 5.426 108.600 6.495
202006 3.585 108.800 4.284
202009 9.601 109.200 11.430
202012 9.391 109.400 11.159
202103 11.441 109.700 13.558
202106 11.538 111.400 13.464
202109 11.877 112.400 13.737
202112 11.944 114.700 13.537
202203 11.668 116.500 13.020
202206 13.095 120.500 14.127
202209 14.075 122.300 14.961
202212 12.224 125.300 12.683
202303 11.906 126.800 12.206
202306 11.106 129.400 11.157
202309 11.201 130.100 11.192
202312 10.399 130.000 10.399

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


Endeavour Mining  (LSE:EDV) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.05/10.34
=1.65

* 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 Endeavour Mining was 3.21. The lowest was 1.22. And the median was 1.67.


Be Aware

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


Endeavour Mining Cyclically Adjusted Book per Share Related Terms

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


Endeavour Mining (LSE:EDV) Business Description

Traded in Other Exchanges
Address
5 Young Street, London, GBR, W8 5EH
Endeavour Mining PLC is a gold producer in West Africa. The Group operates in four principal countries, Burkina Faso (Hounde, Wahgnion, Mana and Boungou mines), Cote d'Ivoire (Ity mine, Lafigue project), Senegal (Sabodala-Massawa mine) and Mali (Kalana Project).

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