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Iamgold (FRA:IAL) Cyclically Adjusted PB Ratio : 0.74 (As of May. 18, 2024)


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What is Iamgold Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Iamgold's current share price is €4.129. Iamgold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.56. Iamgold's Cyclically Adjusted PB Ratio for today is 0.74.

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

FRA:IAL' 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.

FRA:IAL's Cyclically Adjusted PB Ratio is ranked better than
54.33% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.86 vs FRA:IAL: 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 €4.204. 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 €5.56 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
=4.129/5.56
=0.74

* 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)
=4.204/126.2576*126.2576
=4.204

Current CPI (Mar. 2024) = 126.2576.

Iamgold Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.528 99.473 7.016
201409 5.666 99.394 7.197
201412 5.634 98.367 7.231
201503 6.300 99.789 7.971
201506 6.058 100.500 7.611
201509 5.860 100.421 7.368
201512 4.424 99.947 5.589
201603 4.400 101.054 5.497
201606 4.360 102.002 5.397
201609 4.393 101.765 5.450
201612 4.642 101.449 5.777
201703 4.523 102.634 5.564
201706 5.284 103.029 6.475
201709 5.050 103.345 6.170
201712 5.063 103.345 6.186
201803 4.918 105.004 5.913
201806 5.159 105.557 6.171
201809 5.166 105.636 6.174
201812 5.145 105.399 6.163
201903 5.136 106.979 6.062
201906 5.106 107.690 5.986
201909 5.205 107.611 6.107
201912 4.502 107.769 5.274
202003 4.330 107.927 5.065
202006 4.359 108.401 5.077
202009 4.207 108.164 4.911
202012 4.251 108.559 4.944
202103 4.421 110.298 5.061
202106 4.378 111.720 4.948
202109 4.366 112.905 4.882
202112 4.156 113.774 4.612
202203 4.321 117.646 4.637
202206 4.484 120.806 4.686
202209 4.515 120.648 4.725
202212 4.200 120.964 4.384
202303 4.125 122.702 4.245
202306 4.260 124.203 4.330
202309 4.327 125.230 4.362
202312 4.203 125.072 4.243
202403 4.204 126.258 4.204

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  (FRA:IAL) 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 (FRA:IAL) 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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