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Silvercorp Metals (Silvercorp Metals) Cyclically Adjusted PB Ratio : 1.37 (As of Apr. 27, 2024)


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What is Silvercorp Metals Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Silvercorp Metals's current share price is $3.31. Silvercorp Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.42. Silvercorp Metals's Cyclically Adjusted PB Ratio for today is 1.37.

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

SVM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.61   Max: 4.38
Current: 1.53

During the past years, Silvercorp Metals's highest Cyclically Adjusted PB Ratio was 4.38. The lowest was 0.36. And the median was 1.61.

SVM's Cyclically Adjusted PB Ratio is ranked worse than
65.09% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs SVM: 1.53

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.

Silvercorp Metals's adjusted book value per share data for the three months ended in Dec. 2023 was $2.888. 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 $2.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silvercorp Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silvercorp Metals'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.

Silvercorp Metals Cyclically Adjusted PB Ratio Chart

Silvercorp Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.86 2.34 1.58 1.68

Silvercorp Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.33 1.68 1.22 1.01 1.09

Competitive Comparison of Silvercorp Metals's Cyclically Adjusted PB Ratio

For the Silver subindustry, Silvercorp Metals'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.


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

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

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



Silvercorp Metals 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.

Silvercorp Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.31/2.42
=1.37

* 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.

Silvercorp Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Silvercorp Metals'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)
=2.888/125.4675*125.4675
=2.888

Current CPI (Dec. 2023) = 125.4675.

Silvercorp Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.050 98.604 2.608
201406 2.072 99.473 2.613
201409 2.119 99.394 2.675
201412 2.118 98.367 2.702
201503 1.398 99.789 1.758
201506 1.411 100.500 1.762
201509 1.387 100.421 1.733
201512 1.373 99.947 1.724
201603 1.400 101.054 1.738
201606 1.393 102.002 1.713
201609 1.460 101.765 1.800
201612 1.472 101.449 1.821
201703 1.567 102.634 1.916
201706 1.656 103.029 2.017
201709 1.767 103.345 2.145
201712 1.867 103.345 2.267
201803 1.971 105.004 2.355
201806 1.941 105.557 2.307
201809 1.946 105.636 2.311
201812 1.953 105.399 2.325
201903 2.046 106.979 2.400
201906 2.088 107.690 2.433
201909 2.102 107.611 2.451
201912 2.196 107.769 2.557
202003 2.121 107.927 2.466
202006 2.295 108.401 2.656
202009 2.475 108.164 2.871
202012 2.618 108.559 3.026
202103 2.661 110.298 3.027
202106 2.792 111.720 3.136
202109 2.822 112.905 3.136
202112 2.878 113.774 3.174
202203 2.893 117.646 3.085
202206 2.793 120.806 2.901
202209 2.620 120.648 2.725
202212 2.751 120.964 2.853
202303 2.764 122.702 2.826
202306 2.731 124.203 2.759
202309 2.767 125.230 2.772
202312 2.888 125.468 2.888

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.


Silvercorp Metals  (AMEX:SVM) 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.


Silvercorp Metals Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Silvercorp Metals's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Silvercorp Metals (Silvercorp Metals) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. The company creates shareholder's value by focusing on generating free cash flow from long-life mines; organic growth through extensive drilling for discovery; equity investments in potential world-class opportunities; ongoing merger and acquisition efforts to unlock value; and long-term commitment to responsible mining and ESG.