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Anglo American Platinum (Anglo American Platinum) Cyclically Adjusted PB Ratio : 2.14 (As of Apr. 27, 2024)


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What is Anglo American Platinum Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Anglo American Platinum's current share price is $5.79. Anglo American Platinum's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $2.70. Anglo American Platinum's Cyclically Adjusted PB Ratio for today is 2.14.

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

ANGPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.54   Max: 9.85
Current: 2.07

During the past 13 years, Anglo American Platinum's highest Cyclically Adjusted PB Ratio was 9.85. The lowest was 0.81. And the median was 2.54.

ANGPY's Cyclically Adjusted PB Ratio is ranked worse than
75.09% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.86 vs ANGPY: 2.07

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.

Anglo American Platinum's adjusted book value per share data of for the fiscal year that ended in Dec23 was $3.366. 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 $2.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anglo American Platinum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anglo American Platinum'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.

Anglo American Platinum Cyclically Adjusted PB Ratio Chart

Anglo American Platinum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 6.13 7.17 5.13 3.22

Anglo American Platinum Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.17 - 5.13 - 3.22

Competitive Comparison of Anglo American Platinum's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Anglo American Platinum'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.


Anglo American Platinum's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Anglo American Platinum's Cyclically Adjusted PB Ratio falls into.



Anglo American Platinum 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.

Anglo American Platinum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.79/2.7
=2.14

* 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.

Anglo American Platinum's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Anglo American Platinum's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.366/152.7175*152.7175
=3.366

Current CPI (Dec23) = 152.7175.

Anglo American Platinum Annual Data

Book Value per Share CPI Adj_Book
201412 2.711 96.794 4.277
201512 1.643 101.808 2.465
201612 1.796 109.002 2.516
201712 1.968 113.907 2.639
201812 2.052 118.921 2.635
201912 2.610 123.717 3.222
202012 3.321 127.467 3.979
202112 4.050 135.029 4.581
202212 3.525 145.156 3.709
202312 3.366 152.718 3.366

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.


Anglo American Platinum  (OTCPK:ANGPY) 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.


Anglo American Platinum Cyclically Adjusted PB Ratio Related Terms

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Anglo American Platinum (Anglo American Platinum) Business Description

Traded in Other Exchanges
Address
144 Oxford Road, P.O. Box 62179, Melrose, Rosebank, Johannesburg, GT, ZAF, 2196
Anglo American Platinum Ltd is the world's largest primary producer of Platinum Group Metals, which includes platinum, palladium, rhodium, iridium, ruthenium, and osmium. The company also produces base metals including copper, nickel, cobalt sulphate, sodium sulphate, chrome, and other precious metals. The primary uses of platinum group metals include jewellery, autocatalytic converters, fuel cells, air- and water-purification units, heart pacemakers, computer screens, hard disks, and fertilisers. The mining operations include managed mines, joint-venture mines, and associate mines across South Africa and Zimbabwe.

Anglo American Platinum (Anglo American Platinum) Headlines