GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Intercontinental Gold And Metals Ltd (TSXV:ICAU.H) » Definitions » Cyclically Adjusted PB Ratio

Intercontinental Gold And Metals (TSXV:ICAU.H) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Intercontinental Gold And Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Intercontinental Gold And Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intercontinental Gold And 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.

* Premium members only.

Intercontinental Gold And Metals Cyclically Adjusted PB Ratio Chart

Intercontinental Gold And Metals Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Intercontinental Gold And Metals Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - - -

Competitive Comparison of Intercontinental Gold And Metals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Intercontinental Gold And 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.


Intercontinental Gold And Metals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Intercontinental Gold And 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.

Intercontinental Gold And Metals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Intercontinental Gold And Metals's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.236/112.9049*112.9049
=-0.236

Current CPI (Sep. 2021) = 112.9049.

Intercontinental Gold And Metals Quarterly Data

Book Value per Share CPI Adj_Book
201112 6.950 94.970 8.263
201203 6.724 96.155 7.895
201206 2.986 96.076 3.509
201209 2.692 96.392 3.153
201212 2.199 95.760 2.593
201303 1.601 97.103 1.862
201306 1.125 97.182 1.307
201309 1.034 97.419 1.198
201312 0.914 96.945 1.064
201403 0.090 98.604 0.103
201406 0.064 99.473 0.073
201409 0.034 99.394 0.039
201412 0.003 98.367 0.003
201503 -0.090 99.789 -0.102
201506 -0.125 100.500 -0.140
201509 -0.182 100.421 -0.205
201512 -0.185 99.947 -0.209
201603 -0.201 101.054 -0.225
201606 -0.235 102.002 -0.260
201609 -0.268 101.765 -0.297
201612 -0.301 101.449 -0.335
201703 -0.325 102.634 -0.358
201706 -0.390 103.029 -0.427
201709 -0.010 103.345 -0.011
201712 -0.020 103.345 -0.022
201803 -0.032 105.004 -0.034
201806 -0.009 105.557 -0.010
201809 -0.023 105.636 -0.025
201812 0.000 105.399 0.000
201903 -0.012 106.979 -0.013
201906 -0.026 107.690 -0.027
201909 -0.037 107.611 -0.039
201912 -0.076 107.769 -0.080
202003 -0.075 107.927 -0.078
202006 -0.124 108.401 -0.129
202009 -0.156 108.164 -0.163
202012 -0.241 108.559 -0.251
202103 -0.209 110.298 -0.214
202106 -0.223 111.720 -0.225
202109 -0.236 112.905 -0.236

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.


Intercontinental Gold And Metals  (TSXV:ICAU.H) 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.


Intercontinental Gold And Metals Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Intercontinental Gold And Metals's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Intercontinental Gold And Metals (TSXV:ICAU.H) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Intercontinental Gold And Metals Ltd is a Canada-based company. It is engaged in the business of acquiring, exploring and evaluating assets with a focus on the Gold business. The company geographical segments include Canada and Bolivia.

Intercontinental Gold And Metals (TSXV:ICAU.H) Headlines

No Headlines