GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Itafos Inc (TSXV:IFOS) » Definitions » Cyclically Adjusted PB Ratio

Itafos (TSXV:IFOS) Cyclically Adjusted PB Ratio : 0.06 (As of Jun. 04, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Itafos Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Itafos's current share price is C$1.40. Itafos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$22.73. Itafos's Cyclically Adjusted PB Ratio for today is 0.06.

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

TSXV:IFOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 1.31
Current: 0.06

During the past years, Itafos's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.01. And the median was 0.02.

TSXV:IFOS's Cyclically Adjusted PB Ratio is ranked better than
98.39% of 186 companies
in the Agriculture industry
Industry Median: 1.65 vs TSXV:IFOS: 0.06

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.

Itafos's adjusted book value per share data for the three months ended in Mar. 2024 was C$2.000. 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$22.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itafos Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Itafos'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.

Itafos Cyclically Adjusted PB Ratio Chart

Itafos 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 0.01 - 0.02 0.03 0.05

Itafos 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 0.05 0.04 0.04 0.05 0.06

Competitive Comparison of Itafos's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Itafos'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.


Itafos's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

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

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



Itafos 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.

Itafos's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.40/22.73
=0.06

* 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.

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

For example, Itafos'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)
=2/131.7762*131.7762
=2.000

Current CPI (Mar. 2024) = 131.7762.

Itafos Quarterly Data

Book Value per Share CPI Adj_Book
201406 143.529 100.560 188.085
201409 123.734 100.428 162.357
201412 116.580 99.070 155.067
201503 83.307 99.621 110.196
201506 74.524 100.684 97.538
201509 39.707 100.392 52.120
201512 28.298 99.792 37.368
201603 24.762 100.470 32.478
201606 14.193 101.688 18.393
201609 -19.209 101.861 -24.850
201612 6.251 101.863 8.087
201703 4.995 102.862 6.399
201706 4.854 103.349 6.189
201709 4.262 104.136 5.393
201712 3.516 104.011 4.455
201803 3.584 105.290 4.486
201806 4.088 106.317 5.067
201809 3.988 106.507 4.934
201812 2.485 105.998 3.089
201903 2.372 107.251 2.914
201906 2.153 108.070 2.625
201909 1.948 108.329 2.370
201912 1.049 108.420 1.275
202003 0.884 108.902 1.070
202006 0.706 108.767 0.855
202009 0.590 109.815 0.708
202012 0.564 109.897 0.676
202103 0.567 111.754 0.669
202106 0.614 114.631 0.706
202109 0.740 115.734 0.843
202112 0.914 117.630 1.024
202203 1.141 121.301 1.240
202206 1.454 125.017 1.533
202209 1.572 125.227 1.654
202212 1.815 125.222 1.910
202303 2.032 127.348 2.103
202306 2.116 128.729 2.166
202309 2.176 129.860 2.208
202312 1.821 129.419 1.854
202403 2.000 131.776 2.000

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.


Itafos  (TSXV:IFOS) 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.


Itafos Cyclically Adjusted PB Ratio Related Terms

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


Itafos (TSXV:IFOS) Business Description

Industry
Traded in Other Exchanges
Address
109 North Post Oak Lane, Suite 405, Houston, TX, USA, 77024
Itafos Inc operates as a vertically integrated phosphate fertilizer and specialty products company. It operates through Itafos Conda, Arraias, Development and Exploration, and Corporate segments. The company produces and sells mono ammonium phosphate (MAP), super phosphoric acid (SPA), merchant grade phosphoric acid (MGA), single superphosphate (SSP), and specialty products, including ammonium polyphosphate (APP). It owns, develops, and operates various projects, including Itafos Conda; Itafos Arraias; Itafos Paris Hills; Itafos Farim; Itafos Santana; Itafos Araxa; and Itafos Mantaro.

Itafos (TSXV:IFOS) Headlines

No Headlines