The historical rank and industry rank for Kumba Iron Ore's Cyclically Adjusted PB Ratio or its related term are showing as below:
JSE:KIO'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 4.15 Max: 7.77
Current: 3.46
During the past 13 years, Kumba Iron Ore's highest Cyclically Adjusted PB Ratio was 7.77. The lowest was 0.58. And the median was 4.15.
JSE:KIO's Cyclically Adjusted PB Ratio is ranked worse than 90.11% of 445
companies
in the Steel industry
Industry Median: 0.88
vs JSE:KIO: 3.46
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.
Kumba Iron Ore's adjusted book value per share data of for the fiscal year that ended in Dec23 was R162.077. 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 R137.30 for the trailing ten years ended in Dec23.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kumba Iron Ore Cyclically Adjusted PB Ratio Historical Data
The historical data trend for Kumba Iron Ore'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.
Competitive Comparison of Kumba Iron Ore's Cyclically Adjusted PB Ratio
For the Steel subindustry, Kumba Iron Ore'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.
Kumba Iron Ore's Cyclically Adjusted PB Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Kumba Iron Ore's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kumba Iron Ore's Cyclically Adjusted PB Ratio falls into.
Kumba Iron Ore 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.
Kumba Iron Ore's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
Kumba Iron Ore (JSE:KIO) 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.
Kumba Iron Ore Cyclically Adjusted PB Ratio Related Terms
Thank you for viewing the detailed overview of Kumba Iron Ore's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.
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