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Intrepid Potash (Intrepid Potash) Cyclically Adjusted PB Ratio : 0.42 (As of May. 27, 2024)


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What is Intrepid Potash Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Intrepid Potash's current share price is $27.63. Intrepid Potash's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $66.21. Intrepid Potash's Cyclically Adjusted PB Ratio for today is 0.42.

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

IPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.35   Max: 1.38
Current: 0.42

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

IPI's Cyclically Adjusted PB Ratio is ranked better than
94.25% of 174 companies
in the Agriculture industry
Industry Median: 1.445 vs IPI: 0.42

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 adjusted book value per share data for the three months ended in Mar. 2024 was $52.968. 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 $66.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intrepid Potash Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intrepid Potash'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.

Intrepid Potash Cyclically Adjusted PB Ratio Chart

Intrepid Potash 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 0.29 0.29 0.53 0.38 0.35

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 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 0.37 0.31 0.36 0.35 0.32

Competitive Comparison of Intrepid Potash's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.63/66.21
=0.42

* 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.

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

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)
=52.968/131.7762*131.7762
=52.968

Current CPI (Mar. 2024) = 131.7762.

Intrepid Potash Quarterly Data

Book Value per Share CPI Adj_Book
201406 124.604 100.560 163.285
201409 124.531 100.428 163.403
201412 125.407 99.070 166.808
201503 126.050 99.621 166.736
201506 125.549 100.684 164.320
201509 124.632 100.392 163.595
201512 56.342 99.792 74.400
201603 53.931 100.470 70.735
201606 52.253 101.688 67.714
201609 49.959 101.861 64.631
201612 47.913 101.863 61.983
201703 32.385 102.862 41.488
201706 31.830 103.349 40.585
201709 31.753 104.136 40.181
201712 31.500 104.011 39.909
201803 31.698 105.290 39.672
201806 31.572 106.317 39.132
201809 31.935 106.507 39.512
201812 32.417 105.998 40.301
201903 32.951 107.251 40.486
201906 33.369 108.070 40.689
201909 33.427 108.329 40.662
201912 33.550 108.420 40.777
202003 33.032 108.902 39.970
202006 32.309 108.767 39.144
202009 31.607 109.815 37.928
202012 31.515 109.897 37.789
202103 31.720 111.754 37.403
202106 33.117 114.631 38.070
202109 33.467 115.734 38.106
202112 50.452 117.630 56.520
202203 52.445 121.301 56.974
202206 54.037 125.017 56.959
202209 55.208 125.227 58.096
202212 56.359 125.222 59.309
202303 56.449 127.348 58.412
202306 56.774 128.729 58.118
202309 56.330 129.860 57.161
202312 53.440 129.419 54.413
202403 52.968 131.776 52.968

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.


Intrepid Potash  (NYSE:IPI) 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.


Intrepid Potash Cyclically Adjusted PB Ratio Related Terms

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


Intrepid Potash (Intrepid Potash) Business Description

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.
Executives
Jornayvaz Robert P Iii director, 10 percent owner, officer: Chairman/CEO 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Christina Sheehan officer: General Counsel 707 17TH STREET, SUITE 4200, DENVER CO 80202
Matthew D Preston officer: VP of Finance C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
William M Zisch director C/O INTREPID POTASH, INC., 707 17TH STREET, SUITE 4200, DENVER CO 80202
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Clearway Capital Management Llc 10 percent owner 501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131
Robert E Baldridge officer: SVP - New Mexico C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Edward Brian Stone officer: President and COO C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Kyle R Smith officer: VP, General Counsel C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Lori A Lancaster director 302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Wells Stanley W Ii officer: Vice President Human Resources 1001 17TH ST, SUITE 1050, DENVER CO 80202
Teton Trust Co Llc As Trustee Of Clearway Trust 10 percent owner 36 E. BROADWAY, SUITE 9-3 PO BOX 490, JACKSON WY 83001
Erica Wyatt officer: Chief Human Resources Officer C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Terry Considine director 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Clearway Capital Management Ltd. 10 percent owner 501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131