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Intrepid PotashIPI +1.78%69 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 16, 2026, which is 105% above its 10-year median of 0.37. GuruFocus rates IPI with a GF Score™ of 69/100 and a GF Value™ of $28.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 186 Agriculture companies, Intrepid Potash ranks better than 74.73% on this metric.
The historical rank and industry rank for Intrepid Potash's Cyclically Adjusted PB Ratio or its related term are showing as below:
IPI'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.37 Max: 1.38
Current: 0.76
During the past years, Intrepid Potash's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.08. And the median was 0.37.
IPI's Cyclically Adjusted PB Ratio is ranked better than 74.73% of 186
companies
in the Agriculture industry
Industry Median: 1.41
vs IPI: 0.76
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.
Intrepid Potash's adjusted book value per share data for the three months ended in Jun. 2026 was $39.009. 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 $48.25 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Intrepid Potash (NYSE:IPI) 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.
Intrepid Potash Cyclically Adjusted PB Ratio Related Terms
Intrepid Potash Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Intrepid Potash'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.
Intrepid Potash Cyclically Adjusted PB Ratio Chart
IPI vs VRDR, AVD, BIOX: Cyclically Adjusted PB Ratio Comparison
For the Agricultural Inputs subindustry, Intrepid Potash'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.
Intrepid Potash Cyclically Adjusted PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Intrepid Potash's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Intrepid Potash's Cyclically Adjusted PB Ratio falls into.
Intrepid Potash 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.
Intrepid Potash's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.76 mean?
Intrepid Potash (IPI) has a Cyclically Adjusted PB Ratio of 0.76 as of Aug. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Intrepid Potash and its competitors. This is 105% above median its historical median of 0.37. Over the past decade, Intrepid Potash's Cyclically Adjusted PB Ratio has ranged from 0.08 to 1.38. According to the industry distribution chart, Intrepid Potash ranks #47 out of 186 companies in the Agriculture industry, placing it in the top 25.3%.
Is Intrepid Potash's Cyclically Adjusted PB Ratio too high?
Intrepid Potash's current Cyclically Adjusted PB Ratio of 0.76 is 105% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.38. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.41. Intrepid Potash's value of 0.76 is 46.1% below this industry median. Based on the distribution chart, Intrepid Potash ranks #47 out of 186 companies in the Agriculture industry, which is above the industry midpoint. Overall, Intrepid Potash has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intrepid Potash's Cyclically Adjusted PB Ratio compare to VRDR and AVD?
According to the Agriculture industry distribution chart, Intrepid Potash ranks #47 out of 186 companies for Cyclically Adjusted PB Ratio. This puts Intrepid Potash in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Intrepid Potash's value of 0.76 is 46.1% below this benchmark. Historically, Intrepid Potash's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 1.38 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.41, Intrepid Potash has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.41, based on 186 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intrepid Potash's current Cyclically Adjusted PB Ratio of 0.76 is 46.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Intrepid Potash and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intrepid Potash's current Cyclically Adjusted PB Ratio is 0.76, which is 105% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intrepid Potash stock overvalued right now?
Based on GuruFocus' analysis, Intrepid Potash (IPI) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.19, compared to a current price of $36.62 — trading 29.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 105% above median its 10-year median of 0.37 and 46.1% below the Agriculture industry median of 1.41. Intrepid Potash's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Intrepid Potash (IPI), the current Cyclically Adjusted PB Ratio is 0.76 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Intrepid Potash (IPI) Overvalued in 2026?
Based on GuruFocus' analysis, Intrepid Potash stock appears to be overvalued.
The current stock price of $36.62 is trading 29.9% above its estimated GF Value™ of $28.19.
GuruFocus considers Intrepid Potash to be Modestly Overvalued.
Key valuation signals for IPI:
Cyclically Adjusted PB Ratio: 0.76 (105% above median its 10-year median of 0.37)
GF Value™: $28.19 vs. price of $36.62 (29.9% above fair value)
Industry Position: 46.1% below the Agriculture median (#47 of 186)
No single metric tells the full story. See the IPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, where the firm's production facilities are located.
69GF Score
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