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Intercure (Intercure) Cyclically Adjusted Book per Share : $1.49 (As of Jun. 2023)


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What is Intercure 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.

Intercure's adjusted book value per share for the three months ended in Jun. 2023 was $3.040. 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 $1.49 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Intercure's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

As of today (2024-05-16), Intercure's current stock price is $3.28. Intercure's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $1.49. Intercure's Cyclically Adjusted PB Ratio of today is 2.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intercure was 4.77. The lowest was 0.70. And the median was 1.46.


Intercure Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intercure'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.

Intercure Cyclically Adjusted Book per Share Chart

Intercure 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 - - - 1.36 -

Intercure Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.08 1.36 1.43 1.49 -

Competitive Comparison of Intercure's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Intercure'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.


Intercure's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Intercure's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Intercure 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, Intercure's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=3.04/128.7287*128.7287
=3.040

Current CPI (Jun. 2023) = 128.7287.

Intercure Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 97.633 0.000
201212 0.130 96.871 0.173
201303 0.269 98.209 0.353
201306 0.246 98.518 0.321
201309 0.277 98.790 0.361
201312 0.052 98.326 0.068
201403 0.578 99.695 0.746
201406 0.315 100.560 0.403
201409 0.027 100.428 0.035
201412 0.019 99.070 0.025
201503 0.374 99.621 0.483
201506 0.357 100.684 0.456
201509 0.325 100.392 0.417
201512 0.301 99.792 0.388
201603 0.360 100.470 0.461
201606 0.344 101.688 0.435
201609 0.262 101.861 0.331
201612 0.395 101.863 0.499
201706 0.321 103.349 0.400
201712 0.337 104.011 0.417
201806 0.253 106.317 0.306
201812 0.289 105.998 0.351
201903 0.000 107.251 0.000
201906 3.154 108.070 3.757
201909 0.000 108.329 0.000
201912 2.859 108.420 3.395
202003 2.368 108.902 2.799
202006 2.389 108.767 2.827
202009 2.664 109.815 3.123
202012 2.774 109.897 3.249
202103 2.828 111.754 3.258
202106 2.718 114.631 3.052
202109 2.740 115.734 3.048
202112 2.703 117.630 2.958
202203 2.786 121.301 2.957
202206 0.000 125.017 0.000
202209 2.928 125.227 3.010
202212 2.995 125.222 3.079
202303 3.005 127.348 3.038
202306 3.040 128.729 3.040

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


Intercure  (NAS:INCR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.28/1.49
=2.20

* 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 Intercure was 4.77. The lowest was 0.70. And the median was 1.46.


Be Aware

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


Intercure Cyclically Adjusted Book per Share Related Terms

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


Intercure (Intercure) Business Description

Industry
Traded in Other Exchanges
Address
85 Medinat ha-Yehudim Street, Herzliya, ISR, 4676670
Intercure Ltd is engaged in the research, cultivation, production, and distribution of pharma-grade cannabis-based products. The products are distributed to hospitals, pharmacies, research, and government organizations.