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Iamgold (BOT:IAMGOLD) Cyclically Adjusted Book per Share : BWP21,796.50 (As of Mar. 2024)


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What is Iamgold 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.

Iamgold's adjusted book value per share for the three months ended in Mar. 2024 was BWP61.778. 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 BWP21,796.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Iamgold's average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Iamgold was 15.20% per year. The lowest was -1.50% per year. And the median was 6.85% per year.

As of today (2024-05-22), Iamgold's current stock price is BWP12000.00. Iamgold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BWP21,796.50. Iamgold's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Iamgold was 1.04. The lowest was 0.15. And the median was 0.51.


Iamgold Cyclically Adjusted Book per Share Historical Data

The historical data trend for Iamgold'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.

Iamgold Cyclically Adjusted Book per Share Chart

Iamgold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 26,284.30 29,602.30 29,604.80

Iamgold 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 27,707.30 28,923.10 34,238.90 29,604.80 21,796.50

Competitive Comparison of Iamgold's Cyclically Adjusted Book per Share

For the Gold subindustry, Iamgold'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.


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

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

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



Iamgold 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, Iamgold'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)
=61.778/126.2576*126.2576
=61.778

Current CPI (Mar. 2024) = 126.2576.

Iamgold Quarterly Data

Book Value per Share CPI Adj_Book
201406 101.546 99.473 128.888
201409 98.717 99.394 125.397
201412 93.930 98.367 120.562
201503 92.192 99.789 116.645
201506 91.934 100.500 115.496
201509 88.928 100.421 111.807
201512 65.154 99.947 82.305
201603 66.255 101.054 82.780
201606 66.238 102.002 81.989
201609 66.665 101.765 82.710
201612 66.204 101.449 82.394
201703 65.401 102.634 80.455
201706 80.266 103.029 98.363
201709 81.386 103.345 99.430
201712 81.018 103.345 98.981
201803 81.988 105.004 98.583
201806 81.484 105.557 97.464
201809 81.510 105.636 97.422
201812 79.144 105.399 94.807
201903 78.460 106.979 92.599
201906 78.012 107.690 91.462
201909 77.507 107.611 90.937
201912 67.627 107.769 79.229
202003 64.695 107.927 75.683
202006 66.372 108.401 77.305
202009 67.002 108.164 78.210
202012 69.926 108.559 81.326
202103 71.162 110.298 81.459
202106 71.319 111.720 80.600
202109 69.444 112.905 77.657
202112 63.490 113.774 70.456
202203 64.340 117.646 69.050
202206 64.092 120.806 66.984
202209 60.445 120.648 63.255
202212 60.149 120.964 62.781
202303 59.712 122.702 61.442
202306 62.402 124.203 63.434
202309 62.437 125.230 62.949
202312 61.970 125.072 62.557
202403 61.778 126.258 61.778

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


Iamgold  (BOT:IAMGOLD) 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.

Iamgold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12000.00/21796.5
=0.55

* 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 Iamgold was 1.04. The lowest was 0.15. And the median was 0.51.


Be Aware

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


Iamgold Cyclically Adjusted Book per Share Related Terms

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


Iamgold (BOT:IAMGOLD) Business Description

Industry
Traded in Other Exchanges
Address
401 Bay Street, Suite 3200, P.O. Box 153, Toronto, ON, CAN, M5H 2Y4
Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company's operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada. A solid base of strategic assets is complemented by the Cote Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.

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