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IMPACT Silver (TSXV:IPT) Cyclically Adjusted Book per Share : C$0.60 (As of Mar. 2024)


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What is IMPACT Silver 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.

IMPACT Silver's adjusted book value per share for the three months ended in Mar. 2024 was C$0.342. 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 C$0.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IMPACT Silver's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 IMPACT Silver was 21.60% per year. The lowest was -4.50% per year. And the median was 2.90% per year.

As of today (2024-06-06), IMPACT Silver's current stock price is C$0.29. IMPACT Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.60. IMPACT Silver's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IMPACT Silver was 1.78. The lowest was 0.18. And the median was 0.54.


IMPACT Silver Cyclically Adjusted Book per Share Historical Data

The historical data trend for IMPACT Silver'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.

IMPACT Silver Cyclically Adjusted Book per Share Chart

IMPACT Silver 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 0.73 0.70 0.68 0.66 0.61

IMPACT Silver 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 0.65 0.64 0.63 0.61 0.60

Competitive Comparison of IMPACT Silver's Cyclically Adjusted Book per Share

For the Silver subindustry, IMPACT Silver'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.


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

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

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



IMPACT Silver 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, IMPACT Silver'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)
=0.342/126.2576*126.2576
=0.342

Current CPI (Mar. 2024) = 126.2576.

IMPACT Silver Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.772 99.473 0.980
201409 0.774 99.394 0.983
201412 0.730 98.367 0.937
201503 0.765 99.789 0.968
201506 0.721 100.500 0.906
201509 0.719 100.421 0.904
201512 0.723 99.947 0.913
201603 0.681 101.054 0.851
201606 0.598 102.002 0.740
201609 0.579 101.765 0.718
201612 0.557 101.449 0.693
201703 0.589 102.634 0.725
201706 0.584 103.029 0.716
201709 0.558 103.345 0.682
201712 0.502 103.345 0.613
201803 0.538 105.004 0.647
201806 0.502 105.557 0.600
201809 0.500 105.636 0.598
201812 0.472 105.399 0.565
201903 0.449 106.979 0.530
201906 0.420 107.690 0.492
201909 0.383 107.611 0.449
201912 0.385 107.769 0.451
202003 0.346 107.927 0.405
202006 0.338 108.401 0.394
202009 0.391 108.164 0.456
202012 0.415 108.559 0.483
202103 0.409 110.298 0.468
202106 0.413 111.720 0.467
202109 0.413 112.905 0.462
202112 0.412 113.774 0.457
202203 0.414 117.646 0.444
202206 0.411 120.806 0.430
202209 0.419 120.648 0.438
202212 0.417 120.964 0.435
202303 0.435 122.702 0.448
202306 0.397 124.203 0.404
202309 0.392 125.230 0.395
202312 0.347 125.072 0.350
202403 0.342 126.258 0.342

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


IMPACT Silver  (TSXV:IPT) 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.

IMPACT Silver's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.29/0.6
=0.48

* 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 IMPACT Silver was 1.78. The lowest was 0.18. And the median was 0.54.


Be Aware

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


IMPACT Silver Cyclically Adjusted Book per Share Related Terms

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


IMPACT Silver (TSXV:IPT) Business Description

Industry
Traded in Other Exchanges
Address
303 - 543 Granville Street, Vancouver, BC, CAN, V6C 1X8
IMPACT Silver Corp and its subsidiaries are engaged in silver mining and related activities including exploration, development, and mineral processing in Mexico. The company operates a series of mines near Zacualpan in the state of Mexico and in Guerrero state and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. It has one operating segment and two reportable segments based on the geographic area which is Mexico, Canada, and the majority of the revenue come from Mexico.
Executives
Richard James Mazur Director

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