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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2021)


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What is MMX Mineracao E Metalicos 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.

MMX Mineracao E Metalicos's adjusted book value per share for the three months ended in Mar. 2021 was $-23.048. 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 $0.00 for the trailing ten years ended in Mar. 2021.

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.

As of today (2024-05-24), MMX Mineracao E Metalicos's current stock price is $0.6063. MMX Mineracao E Metalicos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 was $0.00. MMX Mineracao E Metalicos's Cyclically Adjusted PB Ratio of today is .


MMX Mineracao E Metalicos Cyclically Adjusted Book per Share Historical Data

The historical data trend for MMX Mineracao E Metalicos'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.

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MMX Mineracao E Metalicos Cyclically Adjusted Book per Share Chart

MMX Mineracao E Metalicos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Book per Share
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MMX Mineracao E Metalicos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of MMX Mineracao E Metalicos's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.


MMX Mineracao E Metalicos's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where MMX Mineracao E Metalicos's Cyclically Adjusted PB Ratio falls into.



MMX Mineracao E Metalicos 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, MMX Mineracao E Metalicos's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book= Book Value per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-23.048/131.6604*131.6604
=-23.048

Current CPI (Mar. 2021) = 131.6604.

MMX Mineracao E Metalicos Quarterly Data

Book Value per Share CPI Adj_Book
201106 3.171 77.018 5.421
201109 2.669 77.837 4.515
201112 389.910 78.971 650.060
201203 2.705 79.938 4.455
201206 302.475 80.803 492.851
201209 294.222 81.948 472.706
201212 280.510 83.581 441.869
201303 267.753 85.205 413.739
201306 212.190 86.214 324.043
201309 119.217 86.749 180.937
201312 91.590 88.522 136.224
201403 85.893 90.447 125.031
201406 -39.099 91.838 -56.053
201409 -43.238 92.602 -61.476
201412 -48.263 94.194 -67.460
201503 -53.570 97.799 -72.118
201506 -61.326 100.006 -80.737
201509 -33.471 101.392 -43.463
201512 -29.157 104.247 -36.824
201603 -37.194 106.979 -45.775
201606 -39.952 108.851 -48.324
201609 -43.487 109.986 -52.057
201612 -21.756 110.802 -25.852
201703 -22.747 111.869 -26.771
201706 -22.451 112.115 -26.365
201709 -23.682 112.777 -27.647
201712 -23.460 114.068 -27.078
201803 -23.949 114.868 -27.450
201806 -22.351 117.038 -25.144
201809 -21.087 117.881 -23.552
201812 -24.276 118.340 -27.008
201903 0.000 120.124 0.000
201906 0.000 120.977 0.000
201909 -26.913 121.292 -29.214
201912 -27.490 123.436 -29.322
202003 -25.259 124.092 -26.800
202006 -24.355 123.557 -25.952
202009 -23.798 125.095 -25.047
202012 -24.355 129.012 -24.855
202103 -23.048 131.660 -23.048

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


MMX Mineracao E Metalicos  (GREY:MMXXF) 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.


Be Aware

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


MMX Mineracao E Metalicos Cyclically Adjusted Book per Share Related Terms

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


MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Traded in Other Exchanges
N/A
Address
Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160
MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

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