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Intrepid Potash (Intrepid Potash) Cyclically Adjusted PS Ratio : 0.84 (As of Jun. 09, 2024)


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What is Intrepid Potash Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Intrepid Potash's current share price is $25.15. Intrepid Potash's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.82. Intrepid Potash's Cyclically Adjusted PS Ratio for today is 0.84.

The historical rank and industry rank for Intrepid Potash's Cyclically Adjusted PS Ratio or its related term are showing as below:

IPI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.76   Max: 3.12
Current: 0.84

During the past years, Intrepid Potash's highest Cyclically Adjusted PS Ratio was 3.12. The lowest was 0.13. And the median was 0.76.

IPI's Cyclically Adjusted PS Ratio is ranked better than
60.3% of 199 companies
in the Agriculture industry
Industry Median: 1.04 vs IPI: 0.84

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Intrepid Potash's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.186. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $29.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intrepid Potash Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Intrepid Potash's Cyclically Adjusted PS 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.

Intrepid Potash Cyclically Adjusted PS Ratio Chart

Intrepid Potash Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.63 1.19 0.88 0.79

Intrepid Potash Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.85 0.71 0.80 0.79 0.70

Competitive Comparison of Intrepid Potash's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Intrepid Potash's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Intrepid Potash's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Intrepid Potash's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Intrepid Potash's Cyclically Adjusted PS Ratio falls into.



Intrepid Potash Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Intrepid Potash's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.15/29.82
=0.84

* 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.

Intrepid Potash's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Intrepid Potash's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.186/131.7762*131.7762
=6.186

Current CPI (Mar. 2024) = 131.7762.

Intrepid Potash Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.682 100.560 19.240
201409 13.542 100.428 17.769
201412 12.985 99.070 17.272
201503 15.456 99.621 20.445
201506 9.732 100.684 12.737
201509 7.093 100.392 9.310
201512 5.656 99.792 7.469
201603 9.672 100.470 12.686
201606 6.835 101.688 8.857
201609 5.752 101.861 7.441
201612 5.730 101.863 7.413
201703 5.934 102.862 7.602
201706 3.566 103.349 4.547
201709 2.688 104.136 3.401
201712 3.938 104.011 4.989
201803 4.383 105.290 5.486
201806 4.315 106.317 5.348
201809 3.164 106.507 3.915
201812 4.150 105.998 5.159
201903 4.397 107.251 5.402
201906 4.770 108.070 5.816
201909 3.961 108.329 4.818
201912 3.728 108.420 4.531
202003 4.938 108.902 5.975
202006 3.579 108.767 4.336
202009 2.928 109.815 3.514
202012 3.718 109.897 4.458
202103 5.374 111.754 6.337
202106 5.090 114.631 5.851
202109 4.425 115.734 5.038
202112 5.317 117.630 5.956
202203 7.679 121.301 8.342
202206 6.736 125.017 7.100
202209 5.542 125.227 5.832
202212 5.087 125.222 5.353
202303 6.751 127.348 6.986
202306 6.304 128.729 6.453
202309 4.259 129.860 4.322
202312 4.429 129.419 4.510
202403 6.186 131.776 6.186

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Intrepid Potash  (NYSE:IPI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Intrepid Potash Cyclically Adjusted PS Ratio Related Terms

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


Intrepid Potash (Intrepid Potash) Business Description

Traded in Other Exchanges
Address
707 17th Street, Suite 4200, Denver, CO, USA, 80202
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
Executives
Jornayvaz Robert P Iii director, 10 percent owner, officer: Chairman/CEO 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Christina Sheehan officer: General Counsel 707 17TH STREET, SUITE 4200, DENVER CO 80202
Matthew D Preston officer: VP of Finance C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
William M Zisch director C/O INTREPID POTASH, INC., 707 17TH STREET, SUITE 4200, DENVER CO 80202
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Clearway Capital Management Llc 10 percent owner 501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131
Robert E Baldridge officer: SVP - New Mexico C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Edward Brian Stone officer: President and COO C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Kyle R Smith officer: VP, General Counsel C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Lori A Lancaster director 302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Wells Stanley W Ii officer: Vice President Human Resources 1001 17TH ST, SUITE 1050, DENVER CO 80202
Teton Trust Co Llc As Trustee Of Clearway Trust 10 percent owner 36 E. BROADWAY, SUITE 9-3 PO BOX 490, JACKSON WY 83001
Erica Wyatt officer: Chief Human Resources Officer C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Terry Considine director 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Clearway Capital Management Ltd. 10 percent owner 501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131