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Endeavour Silver (TSX:EDR) Cyclically Adjusted PB Ratio : 1.81 (As of Apr. 28, 2024)


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What is Endeavour Silver Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Endeavour Silver's current share price is C$3.80. Endeavour Silver's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$2.10. Endeavour Silver's Cyclically Adjusted PB Ratio for today is 1.81.

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

TSX:EDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.64   Max: 3.92
Current: 1.75

During the past years, Endeavour Silver's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 0.54. And the median was 1.64.

TSX:EDR's Cyclically Adjusted PB Ratio is ranked worse than
69.13% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs TSX:EDR: 1.75

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 Silver's adjusted book value per share data for the three months ended in Dec. 2023 was C$2.386. 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 C$2.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Endeavour Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Endeavour Silver'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.

Endeavour Silver Cyclically Adjusted PB Ratio Chart

Endeavour Silver 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 1.23 2.67 2.26 1.82 1.24

Endeavour Silver 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 1.82 2.24 1.72 1.50 1.24

Competitive Comparison of Endeavour Silver's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Endeavour Silver'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 Silver's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Endeavour Silver 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.

Endeavour Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.80/2.1
=1.81

* 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.

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

For example, Endeavour Silver'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)
=2.386/125.4675*125.4675
=2.386

Current CPI (Dec. 2023) = 125.4675.

Endeavour Silver Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.921 98.604 3.717
201406 2.860 99.473 3.607
201409 2.788 99.394 3.519
201412 2.174 98.367 2.773
201503 2.407 99.789 3.026
201506 2.363 100.500 2.950
201509 2.415 100.421 3.017
201512 0.679 99.947 0.852
201603 0.761 101.054 0.945
201606 1.145 102.002 1.408
201609 1.384 101.765 1.706
201612 1.399 101.449 1.730
201703 1.472 102.634 1.799
201706 1.476 103.029 1.797
201709 1.379 103.345 1.674
201712 1.467 103.345 1.781
201803 1.515 105.004 1.810
201806 1.501 105.557 1.784
201809 1.461 105.636 1.735
201812 1.487 105.399 1.770
201903 1.363 106.979 1.599
201906 1.296 107.690 1.510
201909 1.289 107.611 1.503
201912 1.141 107.769 1.328
202003 1.067 107.927 1.240
202006 1.123 108.401 1.300
202009 1.153 108.164 1.337
202012 1.290 108.559 1.491
202103 1.569 110.298 1.785
202106 1.723 111.720 1.935
202109 1.762 112.905 1.958
202112 1.782 113.774 1.965
202203 2.048 117.646 2.184
202206 1.998 120.806 2.075
202209 2.157 120.648 2.243
202212 2.263 120.964 2.347
202303 2.313 122.702 2.365
202306 2.243 124.203 2.266
202309 2.335 125.230 2.339
202312 2.386 125.468 2.386

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.


Endeavour Silver  (TSX:EDR) 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.


Endeavour Silver Cyclically Adjusted PB Ratio Related Terms

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


Endeavour Silver (TSX:EDR) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1130, P.O. Box 10328, Vancouver, BC, CAN, V7Y 1G5
Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development, and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.