GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » La Imperial Resources Inc (XCNQ:LAI.X) » Definitions » Cyclically Adjusted PB Ratio

La Imperial Resources (XCNQ:LAI.X) Cyclically Adjusted PB Ratio : (As of Sep. 23, 2024)


View and export this data going back to 2007. Start your Free Trial

What is La Imperial Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


La Imperial Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for La Imperial Resources'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.

La Imperial Resources Cyclically Adjusted PB Ratio Chart

La Imperial Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

La Imperial Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 La Imperial Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, La Imperial Resources'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.


La Imperial Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where La Imperial Resources's Cyclically Adjusted PB Ratio falls into.



La Imperial Resources 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.

La Imperial Resources's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 is calculated as:

For example, La Imperial Resources's adjusted Book Value per Share data for the three months ended in May. 2024 was:

Adj_Book=Book Value per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=-0.172/127.6007*127.6007
=-0.172

Current CPI (May. 2024) = 127.6007.

La Imperial Resources Quarterly Data

Book Value per Share CPI Adj_Book
201408 -0.202 99.315 -0.260
201411 -0.207 99.078 -0.267
201502 -0.208 99.078 -0.268
201505 -0.208 100.263 -0.265
201508 -0.210 100.579 -0.266
201511 -0.210 100.421 -0.267
201602 -0.211 100.421 -0.268
201605 -0.211 101.765 -0.265
201608 -0.212 101.686 -0.266
201611 -0.213 101.607 -0.267
201702 -0.214 102.476 -0.266
201705 -0.215 103.108 -0.266
201708 -0.216 103.108 -0.267
201711 -0.216 103.740 -0.266
201802 -0.217 104.688 -0.264
201805 -0.218 105.399 -0.264
201808 -0.220 106.031 -0.265
201811 -0.220 105.478 -0.266
201902 -0.221 106.268 -0.265
201905 -0.222 107.927 -0.262
201908 -0.223 108.085 -0.263
201911 -0.224 107.769 -0.265
202002 -0.225 108.559 -0.264
202005 -0.225 107.532 -0.267
202008 -0.226 108.243 -0.266
202011 -0.227 108.796 -0.266
202102 -0.228 109.745 -0.265
202105 -0.229 111.404 -0.262
202108 -0.162 112.668 -0.183
202111 -0.163 113.932 -0.183
202202 -0.163 115.986 -0.179
202205 -0.164 120.016 -0.174
202208 -0.166 120.569 -0.176
202211 -0.166 121.675 -0.174
202302 -0.167 122.070 -0.175
202305 -0.168 124.045 -0.173
202308 -0.170 125.389 -0.173
202311 -0.170 125.468 -0.173
202402 -0.171 125.468 -0.174
202405 -0.172 127.601 -0.172

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.


La Imperial Resources  (XCNQ:LAI.X) 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.


La Imperial Resources Cyclically Adjusted PB Ratio Related Terms

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


La Imperial Resources Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 2X8
Website
La Imperial Resources Inc is a Canada-based mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company holds an interest in La Kathrina which consists of mining concessions in the state of Chichuahua, Mexico.

La Imperial Resources Headlines

No Headlines