IPMLF (Imperial Metals) Cyclically Adjusted PB Ratio: 1.60 (As of Aug. 20, 2026) — 208% Above Median

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IPMLF Imperial Metals Corp IPMLF
61 GF Score
Price $6.35
GF Value $3.11
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Imperial Metals Cyclically Adjusted PB Ratio?

Imperial Metals IPMLF +0.55% 61 Cyclically Adjusted PB Ratio is 1.60 as of Aug. 20, 2026, which is 208% above its 10-year median of 0.52. GuruFocus rates IPMLF with a GF Score™ of 61/100 and a GF Value™ of $3.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,519 Metals & Mining companies, Imperial Metals ranks worse than 50.43% on this metric.

As of today (2026-08-20), Imperial Metals's current share price is $6.35. Imperial Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.96. Imperial Metals's Cyclically Adjusted PB Ratio for today is 1.60.

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

IPMLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.52   Max: 2.29
Current: 1.56

During the past years, Imperial Metals's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.22. And the median was 0.52.

IPMLF's Cyclically Adjusted PB Ratio is ranked worse than
50.43% of 1519 companies
in the Metals & Mining industry
Industry Median: 1.51 vs IPMLF: 1.56

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.

Imperial Metals's adjusted book value per share data for the three months ended in Jun. 2026 was $4.260. 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 $3.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Metals  (OTCPK:IPMLF) 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.


Imperial Metals Cyclically Adjusted PB Ratio Related Terms


Imperial Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Imperial Metals'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.

Imperial Metals Cyclically Adjusted PB Ratio Chart

Imperial Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.32 0.39 0.34 1.82

Imperial Metals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.89 1.08 1.82 1.40 1.10

IPMLF vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, Imperial Metals'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.


Imperial Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


IPMLF
61GF Score
Imperial Metals Corp IPMLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Metals 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.

Imperial Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.35/3.96
=1.60

* 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.

Imperial Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Imperial Metals's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.26/133.5265*133.5265
=4.260

Current CPI (Jun. 2026) = 133.5265.

Imperial Metals Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.375 101.765 4.428
201612 3.046 101.449 4.009
201703 2.889 102.634 3.759
201706 3.414 103.029 4.425
201709 3.678 103.345 4.752
201712 3.477 103.345 4.492
201803 3.301 105.004 4.198
201806 3.009 105.557 3.806
201809 2.812 105.636 3.554
201812 2.337 105.399 2.961
201903 2.402 106.979 2.998
201906 2.372 107.690 2.941
201909 4.171 107.611 5.175
201912 4.287 107.769 5.312
202003 4.026 107.927 4.981
202006 4.150 108.401 5.112
202009 4.259 108.164 5.258
202012 4.382 108.559 5.390
202103 4.449 110.298 5.386
202106 4.482 111.720 5.357
202109 4.303 112.905 5.089
202112 4.180 113.774 4.906
202203 4.187 117.646 4.752
202206 3.872 120.806 4.280
202209 3.602 120.648 3.986
202212 3.497 120.964 3.860
202303 3.438 122.702 3.741
202306 3.462 124.203 3.722
202309 3.317 125.230 3.537
202312 3.298 125.072 3.521
202403 3.228 126.258 3.414
202406 3.282 127.522 3.437
202409 3.467 127.285 3.637
202412 3.571 127.364 3.744
202503 3.720 129.181 3.845
202506 4.073 129.892 4.187
202509 4.032 130.287 4.132
202512 4.181 130.366 4.282
202603 4.264 132.262 4.305
202606 4.260 133.527 4.260

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.

What does a Cyclically Adjusted PB Ratio of 1.60 mean?
Imperial Metals (IPMLF) has a Cyclically Adjusted PB Ratio of 1.60 as of Aug. 20, 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 Imperial Metals and its competitors. This is 208% above median its historical median of 0.52. Over the past decade, Imperial Metals' Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.29. According to the industry distribution chart, Imperial Metals ranks #766 out of 1519 companies in the Metals & Mining industry, placing it in the top 50.4%.
Is Imperial Metals' Cyclically Adjusted PB Ratio too high?
Imperial Metals' current Cyclically Adjusted PB Ratio of 1.60 is 208% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.29. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Imperial Metals' value of 1.60 is 6% above this industry median. Based on the distribution chart, Imperial Metals ranks #766 out of 1519 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Imperial Metals has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Metals' Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Imperial Metals ranks #766 out of 1519 companies for Cyclically Adjusted PB Ratio. This places Imperial Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Imperial Metals' value of 1.60 is 6% above this benchmark. Historically, Imperial Metals' own Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.29 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.51, Imperial Metals has consistently been above 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.51, based on 1,519 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. Imperial Metals's current Cyclically Adjusted PB Ratio of 1.60 is 6% above 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 Imperial Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Metals's current Cyclically Adjusted PB Ratio is 1.60, which is 208% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Metals stock overvalued right now?
Based on GuruFocus' analysis, Imperial Metals (IPMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.11, compared to a current price of $6.35 — trading 104.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.60, which is 208% above median its 10-year median of 0.52 and 6% above the Metals & Mining industry median of 1.51. Imperial Metals' overall GF Score™ is 61/100 with 4 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 Imperial Metals (IPMLF), the current Cyclically Adjusted PB Ratio is 1.60 as of Aug. 20, 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 Imperial Metals (IPMLF) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Metals stock appears to be overvalued. The current stock price of $6.35 is trading 104.2% above its estimated GF Value™ of $3.11. GuruFocus considers Imperial Metals to be Significantly Overvalued.

Key valuation signals for IPMLF:

  • Cyclically Adjusted PB Ratio: 1.60 (208% above median its 10-year median of 0.52)
  • GF Value™: $3.11 vs. price of $6.35 (104.2% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 6% above the Metals & Mining median (#766 of 1519)

No single metric tells the full story. See the IPMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Metals Business Description

Other Exchanges L7D:GermanyIII:Canada
Address 580 Hornby Street, Suite 900, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. The Company has four reportable segments, Red Chris, including related exploration and development activities, Mount Polley, including related exploration and development activities, Huckleberry, including related exploration and development activities, and Corporate, including Sterling and all other properties and related exploration and development activities. The maximum of the company's revenue is generated from the Mount Polley segment. Geographically, it derives maximum revenue from its customers in Switzerland, followed by China, USA, Singapore, etc.
61GF Score

Get the complete analysis for IPMLF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.35
Price
$3.11
GF Value