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Intrepid Potash (FRA:58I1) Cyclically Adjusted Book per Share : €60.18 (As of Mar. 2024)


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What is Intrepid Potash 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.

Intrepid Potash's adjusted book value per share for the three months ended in Mar. 2024 was €48.730. 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 €60.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Intrepid Potash's average Cyclically Adjusted Book Growth Rate was -11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.70% 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 Intrepid Potash was 1.80% per year. The lowest was -7.20% per year. And the median was -6.00% per year.

As of today (2024-06-10), Intrepid Potash's current stock price is €23.00. Intrepid Potash's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €60.18. Intrepid Potash's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intrepid Potash was 1.38. The lowest was 0.08. And the median was 0.35.


Intrepid Potash Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intrepid Potash'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.

Intrepid Potash Cyclically Adjusted Book per Share Chart

Intrepid Potash 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 76.66 48.06 74.51 69.89 62.55

Intrepid Potash 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 67.56 66.25 64.87 62.55 60.18

Competitive Comparison of Intrepid Potash's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Intrepid Potash'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.


Intrepid Potash's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Intrepid Potash's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Intrepid Potash 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, Intrepid Potash'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)
=48.73/131.7762*131.7762
=48.730

Current CPI (Mar. 2024) = 131.7762.

Intrepid Potash Quarterly Data

Book Value per Share CPI Adj_Book
201406 91.709 100.560 120.178
201409 96.636 100.428 126.801
201412 101.705 99.070 135.282
201503 116.470 99.621 154.063
201506 111.865 100.684 146.410
201509 111.047 100.392 145.763
201512 51.722 99.792 68.299
201603 48.430 100.470 63.520
201606 46.505 101.688 60.265
201609 44.514 101.861 57.587
201612 45.421 101.863 58.760
201703 30.280 102.862 38.792
201706 28.329 103.349 36.121
201709 26.641 104.136 33.712
201712 26.618 104.011 33.724
201803 25.707 105.290 32.174
201806 27.026 106.317 33.498
201809 27.368 106.507 33.861
201812 28.495 105.998 35.425
201903 29.162 107.251 35.831
201906 29.531 108.070 36.009
201909 30.352 108.329 36.921
201912 30.195 108.420 36.700
202003 29.894 108.902 36.173
202006 28.690 108.767 34.759
202009 26.835 109.815 32.202
202012 25.905 109.897 31.062
202103 26.645 111.754 31.419
202106 27.487 114.631 31.598
202109 28.447 115.734 32.390
202112 44.650 117.630 50.020
202203 47.620 121.301 51.732
202206 51.119 125.017 53.883
202209 55.760 125.227 58.676
202212 53.203 125.222 55.988
202303 52.724 127.348 54.557
202306 52.402 128.729 53.643
202309 52.782 129.860 53.561
202312 49.005 129.419 49.897
202403 48.730 131.776 48.730

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


Intrepid Potash  (FRA:58I1) 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.

Intrepid Potash's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.00/60.18
=0.38

* 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 Intrepid Potash was 1.38. The lowest was 0.08. And the median was 0.35.


Be Aware

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


Intrepid Potash Cyclically Adjusted Book per Share Related Terms

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


Intrepid Potash (FRA:58I1) Business Description

Industry
Traded in Other Exchanges
Address
707 17th Street, Suite 4200, Denver, CO, USA, 80202
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.

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