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Indorama Ventures PCL (Indorama Ventures PCL) Cyclically Adjusted Book per Share : $7.47 (As of Mar. 2024)


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What is Indorama Ventures PCL 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.

Indorama Ventures PCL's adjusted book value per share for the three months ended in Mar. 2024 was $8.623. 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 $7.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indorama Ventures PCL's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% 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 Indorama Ventures PCL was 13.10% per year. The lowest was 11.20% per year. And the median was 12.90% per year.

As of today (2024-06-20), Indorama Ventures PCL's current stock price is $5.78. Indorama Ventures PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.47. Indorama Ventures PCL's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indorama Ventures PCL was 4.07. The lowest was 0.71. And the median was 1.86.


Indorama Ventures PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Indorama Ventures PCL'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.

Indorama Ventures PCL Cyclically Adjusted Book per Share Chart

Indorama Ventures PCL 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 5.81 5.74 6.55 7.10 7.46

Indorama Ventures PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.75 10.11 7.21 7.46 7.47

Competitive Comparison of Indorama Ventures PCL's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Indorama Ventures PCL'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.


Indorama Ventures PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indorama Ventures PCL 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, Indorama Ventures PCL'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)
=8.623/131.7762*131.7762
=8.623

Current CPI (Mar. 2024) = 131.7762.

Indorama Ventures PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.892 100.560 5.100
201409 3.814 100.428 5.005
201412 4.582 99.070 6.095
201503 4.524 99.621 5.984
201506 4.808 100.684 6.293
201509 4.713 100.392 6.186
201512 4.607 99.792 6.084
201603 4.905 100.470 6.433
201606 5.075 101.688 6.577
201609 5.159 101.861 6.674
201612 5.170 101.863 6.688
201703 5.408 102.862 6.928
201706 5.670 103.349 7.230
201709 6.250 104.136 7.909
201712 6.842 104.011 8.668
201803 7.457 105.290 9.333
201806 7.747 106.317 9.602
201809 7.882 106.507 9.752
201812 7.887 105.998 9.805
201903 8.105 107.251 9.958
201906 7.906 108.070 9.640
201909 7.876 108.329 9.581
201912 7.651 108.420 9.299
202003 7.442 108.902 9.005
202006 7.245 108.767 8.778
202009 7.331 109.815 8.797
202012 7.499 109.897 8.992
202103 7.877 111.754 9.288
202106 8.310 114.631 9.553
202109 8.378 115.734 9.539
202112 8.426 117.630 9.439
202203 9.505 121.301 10.326
202206 9.983 125.017 10.523
202209 10.171 125.227 10.703
202212 9.528 125.222 10.027
202303 9.508 127.348 9.839
202306 9.647 128.729 9.875
202309 9.412 129.860 9.551
202312 8.369 129.419 8.521
202403 8.623 131.776 8.623

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


Indorama Ventures PCL  (OTCPK:INDOY) 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.

Indorama Ventures PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.78/7.47
=0.77

* 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 Indorama Ventures PCL was 4.07. The lowest was 0.71. And the median was 1.86.


Be Aware

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


Indorama Ventures PCL Cyclically Adjusted Book per Share Related Terms

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


Indorama Ventures PCL (Indorama Ventures PCL) Business Description

Industry
Traded in Other Exchanges
Address
Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives, and Fibers. The maximum revenue is derived from the Combined PET segment.

Indorama Ventures PCL (Indorama Ventures PCL) Headlines