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Capstone Copper (Capstone Copper) Cyclically Adjusted PB Ratio : 2.67 (As of May. 26, 2024)


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What is Capstone Copper Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Capstone Copper's current share price is $7.51. Capstone Copper's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.81. Capstone Copper's Cyclically Adjusted PB Ratio for today is 2.67.

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

CSCCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.63   Max: 3.03
Current: 2.77

During the past years, Capstone Copper's highest Cyclically Adjusted PB Ratio was 3.03. The lowest was 0.13. And the median was 0.63.

CSCCF's Cyclically Adjusted PB Ratio is ranked worse than
79.23% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs CSCCF: 2.77

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.

Capstone Copper's adjusted book value per share data for the three months ended in Dec. 2023 was $3.822. 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 $2.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capstone Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capstone Copper'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.

Capstone Copper Cyclically Adjusted PB Ratio Chart

Capstone Copper 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 0.26 0.80 1.81 1.44 1.75

Capstone Copper 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 1.44 1.73 1.67 1.57 1.75

Competitive Comparison of Capstone Copper's Cyclically Adjusted PB Ratio

For the Copper subindustry, Capstone Copper'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.


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

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

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



Capstone Copper 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.

Capstone Copper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.51/2.81
=2.67

* 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.

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

For example, Capstone Copper'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)
=3.822/125.0724*125.0724
=3.822

Current CPI (Dec. 2023) = 125.0724.

Capstone Copper Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.836 98.604 3.597
201406 2.905 99.473 3.653
201409 2.864 99.394 3.604
201412 2.773 98.367 3.526
201503 2.700 99.789 3.384
201506 2.709 100.500 3.371
201509 2.251 100.421 2.804
201512 2.199 99.947 2.752
201603 2.151 101.054 2.662
201606 2.111 102.002 2.588
201609 2.140 101.765 2.630
201612 1.825 101.449 2.250
201703 1.803 102.634 2.197
201706 1.838 103.029 2.231
201709 1.874 103.345 2.268
201712 1.950 103.345 2.360
201803 1.940 105.004 2.311
201806 1.950 105.557 2.311
201809 1.952 105.636 2.311
201812 1.857 105.399 2.204
201903 1.886 106.979 2.205
201906 1.894 107.690 2.200
201909 1.868 107.611 2.171
201912 1.903 107.769 2.209
202003 1.846 107.927 2.139
202006 1.857 108.401 2.143
202009 1.858 108.164 2.148
202012 1.905 108.559 2.195
202103 2.149 110.298 2.437
202106 2.272 111.720 2.544
202109 2.352 112.905 2.605
202112 2.458 113.774 2.702
202203 3.930 117.646 4.178
202206 3.986 120.806 4.127
202209 4.012 120.648 4.159
202212 3.978 120.964 4.113
202303 3.953 122.702 4.029
202306 3.899 124.203 3.926
202309 3.852 125.230 3.847
202312 3.822 125.072 3.822

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.


Capstone Copper  (OTCPK:CSCCF) 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.


Capstone Copper Cyclically Adjusted PB Ratio Related Terms

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


Capstone Copper (Capstone Copper) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, Suite 2100, Vancouver, BC, CAN, V6B 0M3
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The Company has six reportable segments which are Pinto Valley (US), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile) and Other.