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Impala Platinum Holdings (LTS:0Q25) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Impala Platinum Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Impala Platinum Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Impala Platinum Holdings'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.

* Premium members only.

Impala Platinum Holdings Cyclically Adjusted PB Ratio Chart

Impala Platinum Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 1.25 2.46 1.76 1.16

Impala Platinum Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 1.76 - 1.16 -

Competitive Comparison of Impala Platinum Holdings's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Impala Platinum Holdings'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.


Impala Platinum Holdings's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Impala Platinum Holdings 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.

Impala Platinum Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Impala Platinum Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=7.999/148.8016*148.8016
=7.999

Current CPI (Jun23) = 148.8016.

Impala Platinum Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 4.779 95.813 7.422
201506 4.314 100.173 6.408
201606 4.311 106.713 6.011
201706 4.674 112.054 6.207
201806 3.465 116.959 4.408
201906 3.490 122.191 4.250
202006 4.757 124.807 5.672
202106 7.420 131.113 8.421
202206 9.709 140.835 10.258
202306 7.999 148.802 7.999

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.


Impala Platinum Holdings  (LTS:0Q25) 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.


Impala Platinum Holdings Cyclically Adjusted PB Ratio Related Terms

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Impala Platinum Holdings (LTS:0Q25) Business Description

Address
2 Fricker Road, Illovo, Johannesburg, GT, ZAF, 2196
Impala Platinum Holdings Ltd is one of the world's largest producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa, and is one of the largest platinum-group-metal-bearing ore bodies in the world. The Impala operation comprises a 10-shaft mining complex and concentrating and smelting plants.

Impala Platinum Holdings (LTS:0Q25) Headlines

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