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Lundin Mining (Lundin Mining) Cyclically Adjusted Book per Share : $6.19 (As of Dec. 2023)


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What is Lundin 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.

Lundin Mining's adjusted book value per share for the three months ended in Dec. 2023 was $6.413. 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 $6.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lundin Mining's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Lundin Mining was 11.60% per year. The lowest was -1.60% per year. And the median was 3.95% per year.

As of today (2024-04-27), Lundin Mining's current stock price is $11.89. Lundin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.19. Lundin Mining's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lundin Mining was 2.26. The lowest was 0.45. And the median was 1.02.


Lundin Mining Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lundin 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.

Lundin Mining Cyclically Adjusted Book per Share Chart

Lundin 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 5.23 5.44 5.76 5.79 6.19

Lundin 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 5.79 5.90 6.10 6.04 6.19

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

For the Copper subindustry, Lundin 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.


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

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

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



Lundin 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, Lundin 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)
=6.413/125.4675*125.4675
=6.413

Current CPI (Dec. 2023) = 125.4675.

Lundin Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.299 98.604 8.015
201406 6.341 99.473 7.998
201409 6.226 99.394 7.859
201412 5.855 98.367 7.468
201503 5.782 99.789 7.270
201506 5.904 100.500 7.371
201509 5.855 100.421 7.315
201512 5.300 99.947 6.653
201603 5.322 101.054 6.608
201606 4.191 102.002 5.155
201609 4.180 101.765 5.154
201612 4.364 101.449 5.397
201703 4.493 102.634 5.493
201706 4.645 103.029 5.657
201709 4.849 103.345 5.887
201712 5.036 103.345 6.114
201803 5.038 105.004 6.020
201806 5.046 105.557 5.998
201809 5.027 105.636 5.971
201812 5.032 105.399 5.990
201903 5.048 106.979 5.920
201906 5.031 107.690 5.862
201909 4.981 107.611 5.808
201912 5.139 107.769 5.983
202003 4.913 107.927 5.711
202006 4.980 108.401 5.764
202009 5.184 108.164 6.013
202012 5.405 108.559 6.247
202103 5.467 110.298 6.219
202106 5.756 111.720 6.464
202109 5.808 112.905 6.454
202112 6.048 113.774 6.670
202203 6.320 117.646 6.740
202206 6.225 120.806 6.465
202209 6.056 120.648 6.298
202212 6.307 120.964 6.542
202303 6.453 122.702 6.598
202306 6.443 124.203 6.509
202309 6.367 125.230 6.379
202312 6.413 125.468 6.413

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


Lundin Mining  (OTCPK:LUNMF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.89/6.19
=1.92

* 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 Lundin Mining was 2.26. The lowest was 0.45. And the median was 1.02.


Be Aware

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


Lundin Mining Cyclically Adjusted Book per Share Related Terms

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


Lundin Mining (Lundin Mining) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

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