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Imperial Resources (PHS:IMP) Cyclically Adjusted PB Ratio : 0.48 (As of Apr. 28, 2024)


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What is Imperial Resources Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Imperial Resources's current share price is ₱0.57. Imperial Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₱1.20. Imperial Resources's Cyclically Adjusted PB Ratio for today is 0.48.

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

PHS:IMP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.07   Max: 1.94
Current: 0.48

During the past years, Imperial Resources's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 0.43. And the median was 1.07.

PHS:IMP's Cyclically Adjusted PB Ratio is ranked better than
63.66% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs PHS:IMP: 0.48

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.

Imperial Resources's adjusted book value per share data for the three months ended in Sep. 2023 was ₱1.310. 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 ₱1.20 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 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.

Imperial Resources Cyclically Adjusted PB Ratio Chart

Imperial Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.36 1.17

Imperial Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.08 1.17 0.89 0.62 0.66

Competitive Comparison of Imperial Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, 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.


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

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

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



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.

Imperial Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.57/1.2
=0.48

* 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.

Imperial Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Imperial Resources's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.31/129.8595*129.8595
=1.310

Current CPI (Sep. 2023) = 129.8595.

Imperial Resources Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.720 98.326 0.951
201403 0.717 99.695 0.934
201406 0.715 100.560 0.923
201409 0.713 100.428 0.922
201412 0.719 99.070 0.942
201503 0.717 99.621 0.935
201506 0.714 100.684 0.921
201509 0.712 100.392 0.921
201512 0.707 99.792 0.920
201603 0.705 100.470 0.911
201606 0.703 101.688 0.898
201609 0.701 101.861 0.894
201612 0.812 101.863 1.035
201703 0.809 102.862 1.021
201706 0.807 103.349 1.014
201709 0.804 104.136 1.003
201712 0.876 104.011 1.094
201803 0.874 105.290 1.078
201806 0.871 106.317 1.064
201809 0.869 106.507 1.060
201812 1.225 105.998 1.501
201903 1.223 107.251 1.481
201906 1.221 108.070 1.467
201909 1.218 108.329 1.460
201912 1.222 108.420 1.464
202003 1.220 108.902 1.455
202006 1.218 108.767 1.454
202009 1.215 109.815 1.437
202012 1.304 109.897 1.541
202103 1.270 111.754 1.476
202106 1.267 114.631 1.435
202109 1.265 115.734 1.419
202112 1.323 117.630 1.461
202203 1.321 121.301 1.414
202206 1.319 125.017 1.370
202209 1.317 125.227 1.366
202212 1.317 125.222 1.366
202303 1.314 127.348 1.340
202306 1.312 128.729 1.324
202309 1.310 129.860 1.310

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.


Imperial Resources  (PHS:IMP) 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.


Imperial Resources Cyclically Adjusted PB Ratio Related Terms

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


Imperial Resources (PHS:IMP) Business Description

Traded in Other Exchanges
N/A
Address
No. 78 Jupiter Street corner Makati Avenue, Unit 202 Villa Building, Barangay Bel-Air, Metro Manilla, Makati, PHL, 1200
Imperial Resources Inc is a Philippines-based company. It is in the business of operating coal mines, exploration, mining, milling, concentrating, converting, smelting, treating, refining, and preparing for the market. It is also engaged in manufacturing, buying, selling, exchanging, and dealing in all kinds of ores, metals and minerals, asphalt-bitumen, hydrocarbons, and others. The company operates in the mining segment.

Imperial Resources (PHS:IMP) Headlines

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