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IEH (IEHC) Cyclically Adjusted Book per Share : $9.13 (As of Dec. 2023)


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What is IEH Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

IEH's adjusted book value per share for the three months ended in Dec. 2023 was $8.965. 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 $9.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, IEH's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of IEH was 27.20% per year. The lowest was 12.60% per year. And the median was 19.00% per year.

As of today (2024-04-29), IEH's current stock price is $5.65. IEH's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.13. IEH's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IEH was 4.28. The lowest was 0.58. And the median was 2.09.


IEH Cyclically Adjusted Book per Share Historical Data

The historical data trend for IEH's Cyclically Adjusted Book per Share 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.

IEH Cyclically Adjusted Book per Share Chart

IEH Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 6.03 6.43 7.51 8.62

IEH Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 8.33 8.62 8.85 9.05 9.13

Competitive Comparison of IEH's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, IEH'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.


IEH's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IEH's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



IEH Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.965/129.4194*129.4194
=8.965

Current CPI (Dec. 2023) = 129.4194.

IEH Quarterly Data

Book Value per Share CPI Adj_Book
201306 3.973 98.518 5.219
201309 4.182 98.790 5.479
201312 4.265 98.326 5.614
201403 4.376 99.695 5.681
201406 4.544 100.560 5.848
201409 4.727 100.428 6.092
201412 4.985 99.070 6.512
201503 5.162 99.621 6.706
201506 5.486 100.684 7.052
201509 5.545 100.392 7.148
201512 5.729 99.792 7.430
201603 5.896 100.470 7.595
201606 6.042 101.688 7.690
201609 6.275 101.861 7.973
201612 6.416 101.863 8.152
201703 6.536 102.862 8.223
201706 6.427 103.349 8.048
201709 6.673 104.136 8.293
201712 6.880 104.011 8.561
201803 7.411 105.290 9.109
201806 8.321 106.317 10.129
201809 8.730 106.507 10.608
201812 9.078 105.998 11.084
201903 9.584 107.251 11.565
201906 9.979 108.070 11.950
201909 10.530 108.329 12.580
201912 11.113 108.420 13.265
202003 10.663 108.902 12.672
202103 12.234 111.754 14.168
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 13.002 121.301 13.872
202206 11.778 125.017 12.193
202209 11.168 125.227 11.542
202212 10.814 125.222 11.176
202303 10.259 127.348 10.426
202306 9.758 128.729 9.810
202309 9.321 129.860 9.289
202312 8.965 129.419 8.965

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


IEH  (OTCPK:IEHC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

IEH's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.65/9.13
=0.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IEH was 4.28. The lowest was 0.58. And the median was 2.09.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


IEH Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of IEH's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


IEH (IEHC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEH Corp (OTCPK:IEHC) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
140 58th Street, Suite 8E, Brooklyn, NY, USA, 11220
IEH Corp designs develops and manufactures printed circuit board (PCB) connectors, custom interconnects, and contacts for high-performance applications. With its Hyperboloid technology, It supplies durable, reliable connectors for demanding environments. The company markets to companies in defense, aerospace, space, and industrial applications, in the United States, Canada, Europe, Southeast, and Central Asia, and the Mideast. The company generates the majority of its revenue from United states.
Executives
Subrata Purkayastha officer: Chief Financial Officer 140 58TH STREET, BUILDING B SUITE 8E, BROOKLYN NY 11220
Gail Offerman 10 percent owner 2984 WYNSUM AVENUE, MERRICK NY 11566
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
2020 David Offerman Trust 10 percent owner 17 MOHAWK TRAIL, WESTFIELD NJ 07090
William H Craig officer: Chief Financial Officer
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Michael E Rosenfeld director 1365 YORK AVENUE, APT. 3A, NEW YORK NY 10021
Dave Offerman director, officer: Chief Executive Officer 140 58TH STREET, SUITE 8E, BROOKLYN NY 11220
Robert Knoth officer: CFO, Secretary and Treasurer 140 58TH STREET, BLDG. B, SUITE 8E, IEH CORPORATION, BROOKLYN NY 11220
Gerald E. Chafetz director C/O IEH CORP. 140 58TH STREET, BLDG. B, SUITE 8E, BROOKLYN NY 11220
Michael Offerman director, 10 percent owner, officer: Chairman & President