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Itafos (Itafos) Cyclically Adjusted PB Ratio : 0.07 (As of May. 17, 2024)


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What is Itafos Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Itafos's current share price is $1.05. Itafos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.11. Itafos's Cyclically Adjusted PB Ratio for today is 0.07.

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

MBCF' 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.

MBCF's Cyclically Adjusted PB Ratio is ranked better than
97.62% of 168 companies
in the Agriculture industry
Industry Median: 1.46 vs MBCF: 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 $1.478. 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 $16.11 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
=1.05/16.11
=0.07

* 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)
=1.478/131.7762*131.7762
=1.478

Current CPI (Mar. 2024) = 131.7762.

Itafos Quarterly Data

Book Value per Share CPI Adj_Book
201406 132.528 100.560 173.669
201409 112.373 100.428 147.450
201412 101.092 99.070 134.466
201503 66.022 99.621 87.332
201506 60.270 100.684 78.882
201509 29.932 100.392 39.289
201512 20.636 99.792 27.250
201603 18.722 100.470 24.556
201606 11.008 101.688 14.265
201609 -14.654 101.861 -18.958
201612 4.687 101.863 6.063
201703 3.731 102.862 4.780
201706 3.651 103.349 4.655
201709 3.471 104.136 4.392
201712 2.754 104.011 3.489
201803 2.771 105.290 3.468
201806 3.114 106.317 3.860
201809 3.060 106.507 3.786
201812 1.849 105.998 2.299
201903 1.774 107.251 2.180
201906 1.620 108.070 1.975
201909 1.471 108.329 1.789
201912 0.797 108.420 0.969
202003 0.633 108.902 0.766
202006 0.521 108.767 0.631
202009 0.446 109.815 0.535
202012 0.440 109.897 0.528
202103 0.451 111.754 0.532
202106 0.502 114.631 0.577
202109 0.584 115.734 0.665
202112 0.714 117.630 0.800
202203 0.901 121.301 0.979
202206 1.136 125.017 1.197
202209 1.179 125.227 1.241
202212 1.336 125.222 1.406
202303 1.485 127.348 1.537
202306 1.592 128.729 1.630
202309 1.608 129.860 1.632
202312 1.357 129.419 1.382
202403 1.478 131.776 1.478

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  (OTCPK:MBCF) 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 (Itafos) 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 (Itafos) Headlines

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