Black Iron (TSX:BKI) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)

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What is Black Iron 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

Black Iron Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Black Iron'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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Black Iron Cyclically Adjusted PB Ratio Chart

Black Iron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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1.81

1.60

0.73

0.83

Black Iron Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.72	1.06	0.97	0.83	-

Competitive Comparison of Black Iron's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Black Iron'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.

Black Iron's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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

Black Iron 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.

Black Iron's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Black Iron's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book	=	Book Value per Share	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	-0.002	/	125.4675	*	125.4675
	=	-0.002

Current CPI (Mar. 2024) = 125.4675.

Black Iron Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	0.212	99.473	0.267
201409	0.215	99.394	0.271
201412	0.222	98.367	0.283
201503	0.242	99.789	0.304
201506	0.236	100.500	0.295
201509	0.255	100.421	0.319
201512	0.067	99.947	0.084
201603	0.061	101.054	0.076
201606	0.070	102.002	0.086
201609	0.060	101.765	0.074
201612	0.043	101.449	0.053
201703	0.038	102.634	0.046
201706	0.041	103.029	0.050
201709	0.041	103.345	0.050
201712	0.030	103.345	0.036
201803	0.035	105.004	0.042
201806	0.016	105.557	0.019
201809	0.009	105.636	0.011
201812	0.003	105.399	0.004
201903	0.000	106.979	0.000
201906	-0.004	107.690	-0.005
201909	-0.009	107.611	-0.010
201912	-0.012	107.769	-0.014
202003	-0.013	107.927	-0.015
202006	-0.011	108.401	-0.013
202009	-0.007	108.164	-0.008
202012	-0.028	108.559	-0.032
202103	0.003	110.298	0.003
202106	0.002	111.720	0.002
202109	0.028	112.905	0.031
202112	0.020	113.774	0.022
202203	0.011	117.646	0.012
202206	0.009	120.806	0.009
202209	0.007	120.648	0.007
202212	0.006	120.964	0.006
202303	0.003	122.702	0.003
202306	0.002	124.203	0.002
202309	0.001	125.230	0.001
202312	-0.001	125.468	-0.001
202403	-0.002	125.468	-0.002

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.

Black Iron (TSX:BKI) 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.

Black Iron Cyclically Adjusted PB Ratio Related Terms

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Black Iron (TSX:BKI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Iron Inc (TSX:BKI) » Definitions » Cyclically Adjusted PB Ratio

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BKIRF:USA

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

https://www.blackiron.com

Black Iron Inc isan iron ore exploration and development company with its project located in theDnipropetrovsk region of Ukraine. The Company holds a interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske Project through Shymanivske Steel.