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Inception Mining (Inception Mining) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Inception Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inception Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inception Mining'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.

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Inception Mining Cyclically Adjusted PB Ratio Chart

Inception Mining Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Inception Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Inception Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Inception Mining'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.


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

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

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



Inception Mining 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.

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

For example, Inception Mining'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)
=-0.001/131.7762*131.7762
=-0.001

Current CPI (Mar. 2024) = 131.7762.

Inception Mining Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.018 100.023 0.024
201407 -0.017 100.520 -0.022
201410 -0.052 100.176 -0.068
201501 0.143 98.604 0.191
201504 0.015 99.824 0.020
201507 -0.435 100.691 -0.569
201512 -0.690 99.792 -0.911
201603 -0.279 100.470 -0.366
201606 -0.219 101.688 -0.284
201609 -0.441 101.861 -0.571
201612 -0.194 101.863 -0.251
201703 -0.207 102.862 -0.265
201706 -0.222 103.349 -0.283
201709 -0.230 104.136 -0.291
201712 -0.248 104.011 -0.314
201803 -0.266 105.290 -0.333
201806 -0.280 106.317 -0.347
201809 -0.338 106.507 -0.418
201812 -0.334 105.998 -0.415
201903 -0.390 107.251 -0.479
201906 -0.405 108.070 -0.494
201909 -0.391 108.329 -0.476
201912 -0.537 108.420 -0.653
202003 -0.469 108.902 -0.568
202006 -0.444 108.767 -0.538
202009 -0.414 109.815 -0.497
202012 -0.374 109.897 -0.448
202103 -0.301 111.754 -0.355
202106 -0.211 114.631 -0.243
202109 -0.196 115.734 -0.223
202112 -0.186 117.630 -0.208
202203 -0.170 121.301 -0.185
202206 -0.133 125.017 -0.140
202209 -0.133 125.227 -0.140
202212 -0.139 125.222 -0.146
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 -0.001 129.419 -0.001
202403 -0.001 131.776 -0.001

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.


Inception Mining  (OTCPK:IMII) 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.


Inception Mining Cyclically Adjusted PB Ratio Related Terms

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


Inception Mining (Inception Mining) Business Description

Traded in Other Exchanges
N/A
Address
5530 South 900 East, Suite 280, Murray, UT, USA, 84117
Inception Mining Inc is engaged in the identification, exploration, acquisition, and development of mineral properties. The company primarily explores gold. Its operations are focused on the Clavo Rico mine in Honduras, Central America. Inception derives most of its revenue from mining operations.
Executives
Whitney O Cluff director, officer: Chief Financial Officer 6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio director, 10 percent owner 5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson director 7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs 10 percent owner 4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs director 978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin director, officer: CEO 4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer director, officer: COO P.O. BOX 305, SALMON ID 83467

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