GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » IMPACT Silver Corp (TSXV:IPT) » Definitions » Cyclically Adjusted PB Ratio

IMPACT Silver (TSXV:IPT) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 07, 2024)


View and export this data going back to 1987. Start your Free Trial

What is IMPACT Silver Cyclically Adjusted PB Ratio?

As of today (2024-06-07), IMPACT Silver's current share 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 for today is 0.48.

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

TSXV:IPT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.54   Max: 1.78
Current: 0.45

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

TSXV:IPT's Cyclically Adjusted PB Ratio is ranked better than
66.12% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs TSXV:IPT: 0.45

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


IMPACT Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IMPACT Silver'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.

IMPACT Silver Cyclically Adjusted PB Ratio Chart

IMPACT Silver 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 0.63 1.52 0.67 0.52 0.34

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 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 0.58 0.36 0.34 0.34 0.35

Competitive Comparison of IMPACT Silver's Cyclically Adjusted PB Ratio

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 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.

IMPACT Silver's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


IMPACT Silver  (TSXV:IPT) 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.


IMPACT Silver Cyclically Adjusted PB Ratio Related Terms

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


IMPACT Silver (TSXV:IPT) Business Description

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

IMPACT Silver (TSXV:IPT) Headlines

No Headlines