Ironman International (TSXV:IMI) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Ironman International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ironman International  (TSXV:IMI) 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.


Ironman International Cyclically Adjusted PB Ratio Related Terms


Ironman International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ironman International'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.

Ironman International Cyclically Adjusted PB Ratio Chart

Ironman International Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Nov25
Cyclically Adjusted PB Ratio
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Ironman International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Feb26 May26
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 - - - - 0.68

TSXV:IMI vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Ironman International'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.


Ironman International Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ironman International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ironman International 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.

Ironman International's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Ironman International's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.009/134.0005*134.0005
=0.009

Current CPI (May. 2026) = 134.0005.

Ironman International Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.060 100.500 0.080
201509 0.092 100.421 0.123
201512 0.087 99.947 0.117
201603 0.131 101.054 0.174
201606 0.155 102.002 0.204
201609 0.249 101.765 0.328
201612 0.241 101.449 0.318
201703 0.615 102.634 0.803
201706 0.573 103.029 0.745
201709 0.489 103.345 0.634
201712 0.474 103.345 0.615
201803 0.439 105.004 0.560
201806 0.339 105.557 0.430
201809 0.276 105.636 0.350
201812 0.292 105.399 0.371
201903 0.269 106.979 0.337
201906 0.220 107.690 0.274
201909 0.159 107.611 0.198
201912 0.146 107.769 0.182
202003 0.156 107.927 0.194
202006 0.138 108.401 0.171
202009 -0.024 108.164 -0.030
202012 -0.034 108.559 -0.042
202103 0.039 110.298 0.047
202106 0.028 111.720 0.034
202109 0.038 112.905 0.045
202112 0.029 113.774 0.034
202203 0.024 117.646 0.027
202206 0.015 120.806 0.017
202209 0.008 120.648 0.009
202212 0.010 120.964 0.011
202303 0.008 122.702 0.009
202306 0.002 124.203 0.002
202309 -0.002 125.230 -0.002
202312 -0.005 125.072 -0.005
202403 -0.007 126.258 -0.007
202406 -0.007 127.522 -0.007
202409 -0.009 127.285 -0.009
202602 0.011 131.077 0.011
202605 0.009 134.001 0.009

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.


Ironman International Business Description

Other Exchanges IMITF:USALA70:Germany
Address 201 Street, No. 9701, Langley, BC, CAN, V1M 3E7
Ironman International Ltd is a Western Canadian telecom construction contractor with self-performing capabilities. The Company provides services to both public sector and private sector customers, offering integrated solutions for all types of telecom requirements, including project analysis, engineering, design, permitting, underground construction, testing and maintenance. The Company conducts its business in a single operating segment being providing a wide range of construction services to customers across Western Canada and Alaska, the United States of America. The Company is physically located and operated within Canada. The company generates majority of revenue from Canada. Its services are Telecommunication, Utilities, Special projects, etc.