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Ioneer (ASX:INR) Cyclically Adjusted Book per Share : A$0.08 (As of Jun. 2024)


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What is Ioneer 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.

Ioneer's adjusted book value per share for the three months ended in Jun. 2024 was A$0.141. 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 A$0.08 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Ioneer's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.40% 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 Ioneer was 20.50% per year. The lowest was 14.50% per year. And the median was 17.00% per year.

As of today (2024-12-13), Ioneer's current stock price is A$0.165. Ioneer's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was A$0.08. Ioneer's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ioneer was 3.91. The lowest was 0.00. And the median was 0.00.


Ioneer Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ioneer'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.

Ioneer Cyclically Adjusted Book per Share Chart

Ioneer Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.06 0.07 0.08

Ioneer Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.07 - 0.08 - 0.08

Competitive Comparison of Ioneer's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Ioneer'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.


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

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

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



Ioneer 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, Ioneer's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.141/128.9064*128.9064
=0.141

Current CPI (Jun. 2024) = 128.9064.

Ioneer Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 98.816 0.000
201412 0.015 99.002 0.020
201503 0.000 99.187 0.000
201506 0.012 99.838 0.015
201509 0.000 100.302 0.000
201512 0.001 100.673 0.001
201603 0.000 100.488 0.000
201606 0.000 100.859 0.000
201609 0.000 101.602 0.000
201612 0.007 102.159 0.009
201703 0.000 102.624 0.000
201706 0.011 102.809 0.014
201709 0.000 103.460 0.000
201712 0.033 104.110 0.041
201803 0.000 104.574 0.000
201806 0.063 104.945 0.077
201809 0.000 105.410 0.000
201812 0.064 105.967 0.078
201903 0.000 105.967 0.000
201906 0.065 106.617 0.079
201909 0.000 107.174 0.000
201912 0.081 107.917 0.097
202003 0.000 108.289 0.000
202006 0.077 106.246 0.093
202009 0.000 107.917 0.000
202012 0.069 108.846 0.082
202103 0.000 109.496 0.000
202106 0.099 110.332 0.116
202109 0.000 111.168 0.000
202112 0.140 112.654 0.160
202203 0.000 115.069 0.000
202206 0.139 117.112 0.153
202209 0.000 119.248 0.000
202212 0.140 121.477 0.149
202303 0.000 123.148 0.000
202306 0.140 124.170 0.145
202309 0.000 125.656 0.000
202312 0.139 126.399 0.142
202403 0.000 127.606 0.000
202406 0.141 128.906 0.141

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


Ioneer  (ASX:INR) 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.

Ioneer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.165/0.08
=2.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ioneer was 3.91. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Ioneer Cyclically Adjusted Book per Share Related Terms

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


Ioneer Business Description

Industry
Traded in Other Exchanges
Address
213 Miller Street, Level 16, Suite 16.01, North Sydney, Sydney, NSW, AUS, 2060
Ioneer Ltd is a mineral exploration company. The company's focus is on the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. Geographically, the group has a business presence in Australia and North America. The company's focus is to develop a U.S.-based source of lithium and boron that can be extracted in an environmentally and socially responsible manner, providing two materials that are essential to achieve a sustainable future for the planet.

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