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Inficon Holding AG (CHIX:IFCNZ) Cyclically Adjusted Book per Share : CHF91.50 (As of Dec. 2023)


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What is Inficon Holding AG 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.

Inficon Holding AG's adjusted book value per share for the three months ended in Dec. 2023 was CHF120.312. 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 CHF91.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Inficon Holding AG's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.30% 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 Inficon Holding AG was 6.50% per year. The lowest was -2.60% per year. And the median was -0.20% per year.

As of today (2024-06-14), Inficon Holding AG's current stock price is CHF1444.00. Inficon Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CHF91.50. Inficon Holding AG's Cyclically Adjusted PB Ratio of today is 15.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inficon Holding AG was 17.68. The lowest was 3.68. And the median was 8.05.


Inficon Holding AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Inficon Holding AG'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.

Inficon Holding AG Cyclically Adjusted Book per Share Chart

Inficon Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.15 55.67 35.46 62.72 91.50

Inficon Holding AG Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 35.46 - 62.72 - 91.50

Competitive Comparison of Inficon Holding AG's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Inficon Holding AG'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.


Inficon Holding AG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Inficon Holding AG 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, Inficon Holding AG'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)
=120.312/106.4612*106.4612
=120.312

Current CPI (Dec. 2023) = 106.4612.

Inficon Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
200206 84.531 95.286 94.445
200212 79.187 95.215 88.540
200306 72.820 95.808 80.917
200312 68.681 95.781 76.340
200406 71.305 96.873 78.362
200412 70.449 97.056 77.276
200512 82.277 98.033 89.351
200612 80.741 98.642 87.141
200712 66.323 100.619 70.174
200812 73.826 101.324 77.569
200906 0.000 101.608 0.000
200912 64.557 101.610 67.639
201006 70.494 102.102 73.504
201012 71.481 102.138 74.506
201106 64.574 102.678 66.953
201112 64.936 101.408 68.172
201206 61.455 101.596 64.398
201212 70.491 100.968 74.326
201306 64.694 101.466 67.879
201312 69.682 101.036 73.424
201406 62.369 101.517 65.407
201412 74.392 100.704 78.645
201506 62.087 100.464 65.794
201512 72.434 99.386 77.590
201606 59.767 100.088 63.573
201612 72.280 99.380 77.431
201706 68.862 100.285 73.103
201712 84.737 100.213 90.020
201806 79.078 101.435 82.996
201812 84.363 100.906 89.007
201906 73.133 102.044 76.299
201912 84.210 101.063 88.708
202006 73.520 100.743 77.693
202012 81.151 100.241 86.187
202106 80.076 101.352 84.113
202112 95.160 101.776 99.541
202206 90.168 104.783 91.612
202212 105.743 104.666 107.556
202306 102.125 106.576 102.015
202312 120.312 106.461 120.312

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


Inficon Holding AG  (CHIX:IFCNz) 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.

Inficon Holding AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1444.00/91.5
=15.78

* 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 Inficon Holding AG was 17.68. The lowest was 3.68. And the median was 8.05.


Be Aware

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


Inficon Holding AG Cyclically Adjusted Book per Share Related Terms

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


Inficon Holding AG (CHIX:IFCNZ) Business Description

Industry
Traded in Other Exchanges
Address
Hintergasse 15 B, Bad Ragaz, CHE, CH-7310
Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise of chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. The Asia Pacific region accounts for most of the company's product sales.

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