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Imperial Metals (FRA:L7D) Cyclically Adjusted PB Ratio : 0.44 (As of May. 29, 2024)


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What is Imperial Metals Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Imperial Metals's current share price is €1.60. 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 for today is 0.44.

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

FRA:L7D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.69   Max: 5.91
Current: 0.43

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

FRA:L7D's Cyclically Adjusted PB Ratio is ranked better than
66.67% of 1617 companies
in the Metals & Mining industry
Industry Median: 0.88 vs FRA:L7D: 0.43

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Imperial Metals'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.

Imperial Metals Cyclically Adjusted PB Ratio Chart

Imperial Metals 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 0.42 1.00 0.59 0.32 0.39

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 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 0.36 0.33 0.39 0.39 0.39

Competitive Comparison of Imperial Metals's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.60/3.67
=0.44

* 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.

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

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.

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.


Imperial Metals  (FRA:L7D) 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.


Imperial Metals Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Imperial Metals's Cyclically Adjusted PB Ratio 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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