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Indophil Resources NL (ASX:IRN) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Indophil Resources NL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indophil Resources NL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indophil Resources NL'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.

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Indophil Resources NL Cyclically Adjusted PB Ratio Chart

Indophil Resources NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Indophil Resources NL Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of Indophil Resources NL's Cyclically Adjusted PB Ratio

For the Copper subindustry, Indophil Resources NL'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.


Indophil Resources NL's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Indophil Resources NL 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.

Indophil Resources NL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Indophil Resources NL's adjusted Book Value per Share data for the fiscal year that ended in Dec13 was:

Adj_Book=Book Value per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.335/97.3299*97.3299
=0.335

Current CPI (Dec13) = 97.3299.

Indophil Resources NL Annual Data

Book Value per Share CPI Adj_Book
200412 0.094 75.691 0.121
200512 -0.292 77.827 -0.365
200612 0.373 80.427 0.451
200712 0.355 82.749 0.418
200812 0.350 85.814 0.397
200912 0.391 87.578 0.435
201012 0.445 89.993 0.481
201112 0.577 92.686 0.606
201212 0.428 94.730 0.440
201312 0.335 97.330 0.335

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.


Indophil Resources NL  (ASX:IRN) 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.


Indophil Resources NL Cyclically Adjusted PB Ratio Related Terms

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Indophil Resources NL (ASX:IRN) Business Description

Traded in Other Exchanges
N/A
Address
Indophil Resources NL (IRN) is a minerals exploration company operating solely within the Philippines. IRN have a focus on gold and base metal projects. Their main focus is on the development of the Tampakan Copper Project.

Indophil Resources NL (ASX:IRN) Headlines

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