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International Minerals (FRA:MIW) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is International Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Minerals'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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International Minerals Cyclically Adjusted PB Ratio Chart

International Minerals Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted PB Ratio
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International Minerals Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of International Minerals's Cyclically Adjusted PB Ratio

For the Gold subindustry, International Minerals'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.


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

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

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



International Minerals 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.

International Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, International Minerals's adjusted Book Value per Share data for the three months ended in Sep. 2013 was:

Adj_Book=Book Value per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=2.061/98.7900*98.7900
=2.061

Current CPI (Sep. 2013) = 98.7900.

International Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200312 0.333 77.758 0.423
200403 0.471 79.066 0.588
200406 0.606 80.037 0.748
200409 0.477 80.121 0.588
200412 0.438 80.290 0.539
200503 0.459 81.555 0.556
200506 0.523 82.062 0.630
200509 0.495 83.876 0.583
200512 0.510 83.032 0.607
200603 0.505 84.298 0.592
200606 0.927 85.606 1.070
200609 0.853 85.606 0.984
200612 0.805 85.142 0.934
200703 0.913 86.640 1.041
200706 0.892 87.906 1.002
200709 0.842 87.964 0.946
200712 0.799 88.616 0.891
200803 0.782 90.090 0.858
200806 0.795 92.320 0.851
200809 0.889 92.307 0.951
200812 0.951 88.697 1.059
200903 1.013 89.744 1.115
200906 0.958 91.003 1.040
200909 0.925 91.120 1.003
200912 0.958 91.111 1.039
201003 1.544 91.821 1.661
201006 1.711 91.962 1.838
201009 1.519 92.162 1.628
201012 1.740 92.474 1.859
201103 1.674 94.283 1.754
201106 1.794 95.235 1.861
201109 1.904 95.727 1.965
201112 2.213 95.213 2.296
201203 2.228 96.783 2.274
201206 2.201 96.819 2.246
201209 2.295 97.633 2.322
201212 2.161 96.871 2.204
201303 2.160 98.209 2.173
201306 2.082 98.518 2.088
201309 2.061 98.790 2.061

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.


International Minerals  (FRA:MIW) 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.


International Minerals Cyclically Adjusted PB Ratio Related Terms

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International Minerals (FRA:MIW) Business Description

Traded in Other Exchanges
N/A
Address
International Minerals Corporation is a Canadian mineral resource company engaged, indirectly through its subsidiaries and investee companies, in the exploration, development and exploitation of gold and silver deposits in the northern Andes of South America (Peru and Ecuador) and in the state of Nevada, U.S.A. The Company has identified proven and probable reserves at its Pallancata, Inmaculada, Rio Blanco and Goldfield properties and is currently developing or may proceed to develop these reserves.

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