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Indigo Books & Music (Indigo Books & Music) Cyclically Adjusted PB Ratio : 0.24 (As of Apr. 27, 2024)


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What is Indigo Books & Music Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Indigo Books & Music's current share price is $1.78. Indigo Books & Music's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.29. Indigo Books & Music's Cyclically Adjusted PB Ratio for today is 0.24.

The historical rank and industry rank for Indigo Books & Music's Cyclically Adjusted PB Ratio or its related term are showing as below:

IDGBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.92   Max: 1.7
Current: 0.26

During the past years, Indigo Books & Music's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.06. And the median was 0.92.

IDGBF's Cyclically Adjusted PB Ratio is ranked better than
88.15% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs IDGBF: 0.26

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.

Indigo Books & Music's adjusted book value per share data for the three months ended in Dec. 2023 was $-1.646. 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 $7.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indigo Books & Music Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indigo Books & Music'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.

Indigo Books & Music Cyclically Adjusted PB Ratio Chart

Indigo Books & Music Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.16 0.32 0.33 0.19

Indigo Books & Music Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.18 0.19 0.16 0.15 0.19

Competitive Comparison of Indigo Books & Music's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Indigo Books & Music'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.


Indigo Books & Music's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Indigo Books & Music's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indigo Books & Music's Cyclically Adjusted PB Ratio falls into.



Indigo Books & Music 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.

Indigo Books & Music's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.78/7.29
=0.24

* 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.

Indigo Books & Music's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Indigo Books & Music'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)
=-1.646/125.4675*125.4675
=-1.646

Current CPI (Dec. 2023) = 125.4675.

Indigo Books & Music Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.092 98.604 14.114
201406 10.892 99.473 13.738
201409 10.390 99.394 13.116
201412 11.056 98.367 14.102
201503 9.699 99.789 12.195
201506 9.586 100.500 11.967
201509 8.890 100.421 11.107
201512 10.107 99.947 12.688
201603 10.130 101.054 12.577
201606 10.097 102.002 12.420
201609 9.895 101.765 12.200
201612 10.843 101.449 13.410
201703 10.556 102.634 12.904
201706 10.420 103.029 12.689
201709 11.096 103.345 13.471
201712 11.956 103.345 14.515
201803 11.664 105.004 13.937
201806 11.090 105.557 13.182
201809 10.518 105.636 12.493
201812 10.879 105.399 12.950
201903 10.201 106.979 11.964
201906 6.645 107.690 7.742
201909 6.132 107.611 7.149
201912 6.883 107.769 8.013
202003 2.206 107.927 2.565
202006 1.369 108.401 1.585
202009 0.893 108.164 1.036
202012 1.739 108.559 2.010
202103 0.659 110.298 0.750
202106 0.033 111.720 0.037
202109 0.195 112.905 0.217
202112 1.486 113.774 1.639
202203 0.803 117.646 0.856
202206 0.119 120.806 0.124
202209 -0.207 120.648 -0.215
202212 0.629 120.964 0.652
202303 -0.534 122.702 -0.546
202306 -1.328 124.203 -1.342
202309 -1.894 125.230 -1.898
202312 -1.646 125.468 -1.646

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.


Indigo Books & Music  (OTCPK:IDGBF) 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.


Indigo Books & Music Cyclically Adjusted PB Ratio Related Terms

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Indigo Books & Music (Indigo Books & Music) Business Description

Traded in Other Exchanges
Address
620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6
Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

Indigo Books & Music (Indigo Books & Music) Headlines