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Pacific Metals Co (TSE:5541) Cyclically Adjusted Book per Share : 円4,132.76 (As of Dec. 2023)


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What is Pacific Metals Co 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.

Pacific Metals Co's adjusted book value per share for the three months ended in Dec. 2023 was 円3,546.768. 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 円4,132.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pacific Metals Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Pacific Metals Co was -3.80% per year. The lowest was -4.30% per year. And the median was -4.10% per year.

As of today (2024-06-10), Pacific Metals Co's current stock price is 円1280.00. Pacific Metals Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,132.76. Pacific Metals Co's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pacific Metals Co was 1.06. The lowest was 0.28. And the median was 0.47.


Pacific Metals Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pacific Metals Co'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.

* Premium members only.

Pacific Metals Co Cyclically Adjusted Book per Share Chart

Pacific Metals Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,777.48 4,507.61 4,340.63 4,248.44 -

Pacific Metals Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 4,248.44 4,208.31 4,179.43 4,132.76 -

Competitive Comparison of Pacific Metals Co's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Pacific Metals Co'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.


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

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

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



Pacific Metals Co 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, Pacific Metals Co'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)
=3546.768/106.8000*106.8000
=3,546.768

Current CPI (Dec. 2023) = 106.8000.

Pacific Metals Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,521.831 95.700 6,162.294
201406 5,636.445 98.000 6,142.575
201409 5,667.801 98.500 6,145.392
201412 5,770.937 97.900 6,295.568
201503 5,619.902 97.900 6,130.802
201506 5,568.867 98.400 6,044.258
201509 5,268.344 98.500 5,712.276
201512 5,051.291 98.100 5,499.265
201603 3,463.210 97.900 3,778.047
201606 3,317.310 98.100 3,611.506
201609 3,299.886 98.000 3,596.202
201612 3,411.246 98.400 3,702.450
201703 3,259.511 98.100 3,548.581
201706 3,131.429 98.500 3,395.296
201709 3,166.230 98.800 3,422.605
201712 3,164.385 99.400 3,399.963
201803 3,199.024 99.200 3,444.111
201806 3,227.988 99.200 3,475.294
201809 3,319.339 99.900 3,548.603
201812 3,229.526 99.700 3,459.512
201903 3,291.619 99.700 3,526.027
201906 3,217.179 99.800 3,442.833
201909 3,350.422 100.100 3,574.676
201912 3,423.068 100.500 3,637.648
202003 3,242.688 100.300 3,452.832
202006 3,222.795 99.900 3,445.390
202009 3,350.253 99.900 3,581.652
202012 3,470.379 99.300 3,732.492
202103 3,421.831 99.900 3,658.174
202106 3,497.100 99.500 3,753.671
202109 3,600.775 100.100 3,841.786
202112 3,768.439 100.100 4,020.672
202203 4,095.125 101.100 4,326.007
202206 4,076.564 101.800 4,276.788
202209 3,886.744 103.100 4,026.229
202212 3,831.726 104.100 3,931.108
202303 3,678.853 104.400 3,763.424
202306 3,601.528 105.200 3,656.304
202309 3,581.171 106.200 3,601.404
202312 3,546.768 106.800 3,546.768

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


Pacific Metals Co  (TSE:5541) 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.

Pacific Metals Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1280.00/4132.76
=0.31

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pacific Metals Co was 1.06. The lowest was 0.28. And the median was 0.47.


Be Aware

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


Pacific Metals Co Cyclically Adjusted Book per Share Related Terms

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


Pacific Metals Co (TSE:5541) Business Description

Traded in Other Exchanges
Address
1-6-1 Ohtemachi, Chiyoda-ku, Tokyo, JPN, 1000004
Pacific Metals Co Ltd manufactures and distributes ferronickel and slag products. The company mainly manufactures ferronickel, stainless steel, and electrical power. It also produces processed ferro-nickel slag which is obtained as a by-product in the smelting process. The firm also engages in nickel mine development projects in the Philippines.

Pacific Metals Co (TSE:5541) Headlines

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