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Iamgold (BOT:IAMGOLD) Cyclically Adjusted PB Ratio : 0.55 (As of May. 22, 2024)


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What is Iamgold Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Iamgold's current share 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 for today is 0.55.

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

BOT:IAMGOLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.51   Max: 1.04
Current: 0.75

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

BOT:IAMGOLD's Cyclically Adjusted PB Ratio is ranked better than
53.93% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.9 vs BOT:IAMGOLD: 0.75

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 adjusted book value per share data for the three months ended in Mar. 2024 was BWP61.612. 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iamgold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iamgold'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.

Iamgold Cyclically Adjusted PB Ratio Chart

Iamgold 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 0.56 0.54 0.46 0.41 0.41

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 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 0.43 0.42 0.35 0.41 0.55

Competitive Comparison of Iamgold's Cyclically Adjusted PB Ratio

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 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.

Iamgold's Cyclically Adjusted PB Ratio for 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.

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

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)
=61.612/126.2576*126.2576
=61.612

Current CPI (Mar. 2024) = 126.2576.

Iamgold Quarterly Data

Book Value per Share CPI Adj_Book
201406 101.273 99.473 128.542
201409 98.451 99.394 125.059
201412 93.678 98.367 120.239
201503 91.944 99.789 116.331
201506 91.686 100.500 115.184
201509 88.689 100.421 111.507
201512 64.979 99.947 82.084
201603 66.077 101.054 82.557
201606 66.060 102.002 81.769
201609 66.486 101.765 82.488
201612 66.026 101.449 82.173
201703 65.225 102.634 80.238
201706 80.051 103.029 98.099
201709 81.167 103.345 99.163
201712 80.800 103.345 98.714
201803 81.768 105.004 98.318
201806 81.265 105.557 97.202
201809 81.291 105.636 97.160
201812 78.931 105.399 94.552
201903 78.249 106.979 92.350
201906 77.803 107.690 91.217
201909 77.299 107.611 90.693
201912 67.445 107.769 79.015
202003 64.521 107.927 75.479
202006 66.194 108.401 77.098
202009 66.821 108.164 77.999
202012 69.737 108.559 81.106
202103 70.971 110.298 81.240
202106 71.128 111.720 80.384
202109 69.257 112.905 77.448
202112 63.319 113.774 70.267
202203 64.167 117.646 68.864
202206 63.920 120.806 66.805
202209 60.283 120.648 63.086
202212 59.987 120.964 62.612
202303 59.551 122.702 61.277
202306 62.234 124.203 63.263
202309 62.269 125.230 62.780
202312 61.803 125.072 62.389
202403 61.612 126.258 61.612

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.


Iamgold  (BOT:IAMGOLD) 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.


Iamgold Cyclically Adjusted PB Ratio Related Terms

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


Iamgold (BOT:IAMGOLD) Business Description

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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