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Imaging Dynamics Co (TSXV:IDL) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Imaging Dynamics Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Imaging Dynamics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Imaging Dynamics Co'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.

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Imaging Dynamics Co Cyclically Adjusted PB Ratio Chart

Imaging Dynamics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Imaging Dynamics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Imaging Dynamics Co's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Imaging Dynamics Co'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.


Imaging Dynamics Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Imaging Dynamics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Imaging Dynamics Co's Cyclically Adjusted PB Ratio falls into.



Imaging Dynamics Co 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.

Imaging Dynamics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Imaging Dynamics Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.391/126.2576*126.2576
=-0.391

Current CPI (Mar. 2024) = 126.2576.

Imaging Dynamics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.644 99.473 -0.817
201409 -0.749 99.394 -0.951
201412 -1.041 98.367 -1.336
201503 -0.109 99.789 -0.138
201506 -0.217 100.500 -0.273
201509 -0.231 100.421 -0.290
201512 -1.075 99.947 -1.358
201603 -1.543 101.054 -1.928
201606 -2.174 102.002 -2.691
201609 -2.596 101.765 -3.221
201612 -3.039 101.449 -3.782
201703 -3.882 102.634 -4.776
201706 -4.746 103.029 -5.816
201709 -5.649 103.345 -6.901
201712 -6.958 103.345 -8.501
201803 -7.789 105.004 -9.366
201806 -4.667 105.557 -5.582
201809 -5.067 105.636 -6.056
201812 -6.102 105.399 -7.310
201903 -6.291 106.979 -7.425
201906 -6.470 107.690 -7.586
201909 -0.173 107.611 -0.203
201912 -0.089 107.769 -0.104
202003 -0.111 107.927 -0.130
202006 -0.132 108.401 -0.154
202009 -0.142 108.164 -0.166
202012 -0.143 108.559 -0.166
202103 -0.150 110.298 -0.172
202106 -0.156 111.720 -0.176
202109 -0.179 112.905 -0.200
202112 -0.210 113.774 -0.233
202203 -0.226 117.646 -0.243
202206 -0.254 120.806 -0.265
202209 -0.285 120.648 -0.298
202212 -0.268 120.964 -0.280
202303 -0.290 122.702 -0.298
202306 -0.309 124.203 -0.314
202309 -0.339 125.230 -0.342
202312 -0.366 125.072 -0.369
202403 -0.391 126.258 -0.391

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.


Imaging Dynamics Co  (TSXV:IDL) 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.


Imaging Dynamics Co Cyclically Adjusted PB Ratio Related Terms

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Imaging Dynamics Co (TSXV:IDL) Business Description

Traded in Other Exchanges
N/A
Address
110 Macintosh Boulevard, Unit 2, Concord, ON, CAN, L4K 4P3
Imaging Dynamics Co Ltd is engaged in the sale of medical imaging devices. Its products include 1600Plus X-series, Veterinary DR System, Magellan medical image processing software, Sirius Veterinary image processing software, CCD technology, Aquarius 8600, and VetnovaXion DR series. It sells mainly through dealers, distributors, and OEM partners. The company has sales in two sales geographic areas within one operating segment consisting of the Americas and outside of the Americas.

Imaging Dynamics Co (TSXV:IDL) Headlines

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