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Interconnect Ventures (TSXV:IVC.H) Cyclically Adjusted PB Ratio : 0.07 (As of Sep. 25, 2024)


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What is Interconnect Ventures Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Interconnect Ventures's current share price is C$0.005. Interconnect Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$0.07. Interconnect Ventures's Cyclically Adjusted PB Ratio for today is 0.07.

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

TSXV:IVC.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.96
Current: 0.07

During the past years, Interconnect Ventures's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.00. And the median was 0.00.

TSXV:IVC.H's Cyclically Adjusted PB Ratio is ranked better than
92.1% of 1582 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:IVC.H: 0.07

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.

Interconnect Ventures's adjusted book value per share data for the three months ended in Jun. 2024 was C$0.003. 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 C$0.07 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interconnect Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Interconnect Ventures'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.

Interconnect Ventures Cyclically Adjusted PB Ratio Chart

Interconnect Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.84 0.89 0.07

Interconnect Ventures Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.96 0.12 0.07 0.07 0.07

Competitive Comparison of Interconnect Ventures's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Interconnect Ventures'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.


Interconnect Ventures's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Interconnect Ventures 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.

Interconnect Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.005/0.07
=0.07

* 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.

Interconnect Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Interconnect Ventures's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.003/127.5217*127.5217
=0.003

Current CPI (Jun. 2024) = 127.5217.

Interconnect Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.142 99.394 0.182
201412 0.139 98.367 0.180
201503 0.136 99.789 0.174
201506 0.132 100.500 0.167
201509 0.092 100.421 0.117
201512 0.090 99.947 0.115
201603 0.085 101.054 0.107
201606 0.084 102.002 0.105
201609 0.080 101.765 0.100
201612 0.078 101.449 0.098
201703 0.076 102.634 0.094
201706 0.074 103.029 0.092
201709 0.071 103.345 0.088
201712 0.068 103.345 0.084
201803 0.066 105.004 0.080
201806 0.064 105.557 0.077
201809 0.062 105.636 0.075
201812 0.058 105.399 0.070
201903 0.056 106.979 0.067
201906 0.053 107.690 0.063
201909 0.048 107.611 0.057
201912 0.045 107.769 0.053
202003 0.043 107.927 0.051
202006 0.041 108.401 0.048
202009 0.038 108.164 0.045
202012 0.035 108.559 0.041
202103 0.032 110.298 0.037
202106 0.030 111.720 0.034
202109 0.028 112.905 0.032
202112 0.025 113.774 0.028
202203 0.023 117.646 0.025
202206 0.021 120.806 0.022
202209 0.018 120.648 0.019
202212 0.016 120.964 0.017
202303 0.014 122.702 0.015
202306 0.011 124.203 0.011
202309 0.010 125.230 0.010
202312 0.007 125.072 0.007
202403 0.005 126.258 0.005
202406 0.003 127.522 0.003

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.


Interconnect Ventures  (TSXV:IVC.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.


Interconnect Ventures Cyclically Adjusted PB Ratio Related Terms

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


Interconnect Ventures Business Description

Traded in Other Exchanges
N/A
Address
c/o 885 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6C 3H1
Website
Interconnect Ventures Corp is a Canada-based mining company. It is principally engaged in the business of acquisition and exploration of resource properties in Canada.

Interconnect Ventures Headlines

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