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Incap Oyj (OHEL:ICP1V) Cyclically Adjusted Book per Share : €1.20 (As of Mar. 2024)


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What is Incap Oyj 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.

Incap Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €3.845. 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 €1.20 for the trailing ten years ended in Mar. 2024.

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 (2024-06-20), Incap Oyj's current stock price is €12.00. Incap Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.20. Incap Oyj's Cyclically Adjusted PB Ratio of today is 10.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Incap Oyj was 18.66. The lowest was 5.38. And the median was 8.16.


Incap Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Incap Oyj'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.

Incap Oyj Cyclically Adjusted Book per Share Chart

Incap Oyj 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 - - 1.48 1.12 1.19

Incap Oyj Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - 1.04 1.12 1.19 1.20

Competitive Comparison of Incap Oyj's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Incap Oyj'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.


Incap Oyj's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Incap Oyj 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, Incap Oyj'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)
=3.845/122.3600*122.3600
=3.845

Current CPI (Mar. 2024) = 122.3600.

Incap Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201003 1.905 91.617 2.544
201006 1.539 91.892 2.049
201009 2.205 92.232 2.925
201012 1.538 93.216 2.019
201103 1.229 94.641 1.589
201106 0.890 95.146 1.145
201109 0.720 95.643 0.921
201112 0.358 95.918 0.457
201203 0.164 97.426 0.206
201206 0.453 97.840 0.567
201209 0.446 98.226 0.556
201212 -0.737 98.180 -0.919
201303 -1.006 99.126 -1.242
201306 -1.336 99.228 -1.647
201309 1.070 99.402 1.317
201312 0.025 99.761 0.031
201406 0.004 100.147 0.005
201412 0.067 100.229 0.082
201506 0.182 100.030 0.223
201512 0.222 99.990 0.272
201606 0.262 100.390 0.319
201612 0.312 101.020 0.378
201706 0.385 101.140 0.466
201712 0.410 101.510 0.494
201806 0.473 102.320 0.566
201812 0.619 102.710 0.737
201906 0.799 103.360 0.946
201912 0.861 103.650 1.016
202006 0.898 103.320 1.063
202012 1.326 103.890 1.562
202106 1.635 105.360 1.899
202112 2.150 107.490 2.447
202206 2.563 113.570 2.761
202209 0.000 114.920 0.000
202212 2.985 117.320 3.113
202303 0.000 119.750 0.000
202306 3.456 120.690 3.504
202309 3.695 121.280 3.728
202312 3.627 121.540 3.651
202403 3.845 122.360 3.845

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


Incap Oyj  (OHEL:ICP1V) 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.

Incap Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.00/1.2
=10.00

* 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 Incap Oyj was 18.66. The lowest was 5.38. And the median was 8.16.


Be Aware

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


Incap Oyj Cyclically Adjusted Book per Share Related Terms

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


Incap Oyj (OHEL:ICP1V) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Incap Oyj (OHEL:ICP1V) » Definitions » Cyclically Adjusted Book per Share
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Address
Bulevardi 21, Helsinki, FIN, 00180
Incap Oyj is an electronics manufacturing services company with manufacturing operations in Estonia, India, Slovakia, and the United Kingdom and a sourcing office in Hong Kong. The company offers printed circuit boards manufacturing, box builds assembly, prototyping and engineering services, tester development, and magnetic assemblies. The company geographical divisions includes Europe, North America, South America, and Asia.

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