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Imperial Metals (FRA:L7D) Cyclically Adjusted Book per Share : €3.67 (As of Mar. 2024)


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What is Imperial Metals 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.

Imperial Metals's adjusted book value per share for the three months ended in Mar. 2024 was €2.970. 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 €3.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Imperial Metals's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Imperial Metals was 40.60% per year. The lowest was 0.60% per year. And the median was 13.50% per year.

As of today (2024-06-04), Imperial Metals's current stock price is €1.46. Imperial Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.67. Imperial Metals's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Imperial Metals was 5.91. The lowest was 0.22. And the median was 0.69.


Imperial Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Imperial Metals'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.

Imperial Metals Cyclically Adjusted Book per Share Chart

Imperial Metals 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 3.16 3.07 3.54 3.64 3.70

Imperial Metals 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 3.43 3.70 3.80 3.70 3.67

Competitive Comparison of Imperial Metals's Cyclically Adjusted Book per Share

For the Copper subindustry, Imperial Metals'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.


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

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

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



Imperial Metals 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, Imperial Metals'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)
=2.97/126.2576*126.2576
=2.970

Current CPI (Mar. 2024) = 126.2576.

Imperial Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.908 99.473 4.960
201409 3.809 99.394 4.838
201412 3.729 98.367 4.786
201503 3.592 99.789 4.545
201506 3.546 100.500 4.455
201509 3.303 100.421 4.153
201512 3.013 99.947 3.806
201603 3.190 101.054 3.986
201606 3.215 102.002 3.980
201609 3.007 101.765 3.731
201612 2.887 101.449 3.593
201703 2.701 102.634 3.323
201706 3.038 103.029 3.723
201709 3.086 103.345 3.770
201712 2.938 103.345 3.589
201803 2.677 105.004 3.219
201806 2.576 105.557 3.081
201809 2.410 105.636 2.880
201812 2.054 105.399 2.460
201903 2.125 106.979 2.508
201906 2.100 107.690 2.462
201909 3.788 107.611 4.444
201912 3.858 107.769 4.520
202003 3.644 107.927 4.263
202006 3.686 108.401 4.293
202009 3.616 108.164 4.221
202012 3.602 108.559 4.189
202103 3.737 110.298 4.278
202106 3.720 111.720 4.204
202109 3.657 112.905 4.089
202112 3.699 113.774 4.105
202203 3.802 117.646 4.080
202206 3.663 120.806 3.828
202209 3.638 120.648 3.807
202212 3.301 120.964 3.445
202303 3.211 122.702 3.304
202306 3.196 124.203 3.249
202309 3.108 125.230 3.133
202312 3.024 125.072 3.053
202403 2.970 126.258 2.970

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


Imperial Metals  (FRA:L7D) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.46/3.67
=0.40

* 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 Imperial Metals was 5.91. The lowest was 0.22. And the median was 0.69.


Be Aware

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


Imperial Metals Cyclically Adjusted Book per Share Related Terms

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


Imperial Metals (FRA:L7D) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 200, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia. It explores copper, gold, silver, and other minerals in which copper is the company's principal product.

Imperial Metals (FRA:L7D) Headlines

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