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Century Aluminum Co (STU:EY3) Cyclically Adjusted PB Ratio : 1.68 (As of Jun. 08, 2024)


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What is Century Aluminum Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Century Aluminum Co's current share price is €14.855. Century Aluminum Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.83. Century Aluminum Co's Cyclically Adjusted PB Ratio for today is 1.68.

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

STU:EY3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.87   Max: 2.72
Current: 1.61

During the past years, Century Aluminum Co's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 0.24. And the median was 0.87.

STU:EY3's Cyclically Adjusted PB Ratio is ranked worse than
66.28% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs STU:EY3: 1.61

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.

Century Aluminum Co's adjusted book value per share data for the three months ended in Mar. 2024 was €5.970. 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 €8.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Aluminum Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Century Aluminum Co'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.

Century Aluminum Co Cyclically Adjusted PB Ratio Chart

Century Aluminum Co 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 0.64 0.99 1.53 0.77 1.23

Century Aluminum 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 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 0.95 0.84 0.71 1.23 1.57

Competitive Comparison of Century Aluminum Co's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Century Aluminum 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.


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

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

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



Century Aluminum Co 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.

Century Aluminum Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.855/8.83
=1.68

* 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.

Century Aluminum Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Century Aluminum Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.97/131.7762*131.7762
=5.970

Current CPI (Mar. 2024) = 131.7762.

Century Aluminum Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.318 100.560 10.900
201409 9.199 100.428 12.070
201412 10.063 99.070 13.385
201503 11.975 99.621 15.840
201506 11.448 100.684 14.983
201509 10.980 100.392 14.413
201512 10.640 99.792 14.050
201603 10.344 100.470 13.567
201606 10.164 101.688 13.171
201609 9.593 101.861 12.410
201612 8.221 101.863 10.635
201703 7.958 102.862 10.195
201706 7.652 103.349 9.757
201709 7.428 104.136 9.400
201712 8.007 104.011 10.144
201803 7.690 105.290 9.625
201806 8.336 106.317 10.332
201809 8.153 106.507 10.087
201812 7.604 105.998 9.453
201903 7.256 107.251 8.915
201906 7.063 108.070 8.612
201909 7.047 108.329 8.572
201912 6.812 108.420 8.279
202003 6.816 108.902 8.248
202006 6.437 108.767 7.799
202009 5.620 109.815 6.744
202012 4.985 109.897 5.977
202103 3.807 111.754 4.489
202106 3.411 114.631 3.921
202109 3.020 115.734 3.439
202112 4.084 117.630 4.575
202203 4.377 121.301 4.755
202206 4.965 125.017 5.233
202209 5.712 125.227 6.011
202212 4.083 125.222 4.297
202303 3.666 127.348 3.793
202306 3.727 128.729 3.815
202309 3.381 129.860 3.431
202312 3.518 129.419 3.582
202403 5.970 131.776 5.970

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.


Century Aluminum Co  (STU:EY3) 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.


Century Aluminum Co Cyclically Adjusted PB Ratio Related Terms

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


Century Aluminum Co (STU:EY3) Business Description

Traded in Other Exchanges
Address
One South Wacker Drive, Suite 1000, Chicago, IL, USA, 60606
Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.

Century Aluminum Co (STU:EY3) Headlines

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