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Insigma Technology Co (SHSE:600797) Cyclically Adjusted Book per Share : ¥3.48 (As of Mar. 2024)


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What is Insigma Technology Co 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.

Insigma Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.227. 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 ¥3.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Insigma Technology Co's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Insigma Technology Co was 12.90% per year. The lowest was 3.30% per year. And the median was 6.80% per year.

As of today (2024-06-23), Insigma Technology Co's current stock price is ¥4.74. Insigma Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.48. Insigma Technology Co's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Insigma Technology Co was 10.88. The lowest was 1.34. And the median was 3.16.


Insigma Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Insigma Technology Co'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.

Insigma Technology Co Cyclically Adjusted Book per Share Chart

Insigma Technology Co 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 2.98 3.13 3.29 3.39 3.45

Insigma Technology Co 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 3.41 3.41 3.45 3.45 3.48

Competitive Comparison of Insigma Technology Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Insigma Technology Co'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.


Insigma Technology Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Insigma Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Insigma Technology Co 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, Insigma Technology Co'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)
=3.227/115.2271*115.2271
=3.227

Current CPI (Mar. 2024) = 115.2271.

Insigma Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.158 98.200 2.532
201409 2.140 98.900 2.493
201412 1.977 99.000 2.301
201503 1.850 99.900 2.134
201506 1.978 99.500 2.291
201509 1.735 100.500 1.989
201512 2.382 100.600 2.728
201603 2.231 102.200 2.515
201606 2.258 101.400 2.566
201609 2.384 102.400 2.683
201612 2.479 102.600 2.784
201703 2.489 103.200 2.779
201706 2.713 103.100 3.032
201709 4.087 104.100 4.524
201712 4.228 104.500 4.662
201803 4.251 105.300 4.652
201806 4.264 104.900 4.684
201809 4.228 106.600 4.570
201812 4.259 106.500 4.608
201903 4.322 107.700 4.624
201906 4.296 107.700 4.596
201909 4.293 109.800 4.505
201912 4.023 111.200 4.169
202003 3.997 112.300 4.101
202006 3.928 110.400 4.100
202009 4.068 111.700 4.196
202012 3.938 111.500 4.070
202103 3.866 112.662 3.954
202106 3.806 111.769 3.924
202109 3.905 112.215 4.010
202112 3.353 113.108 3.416
202203 3.063 114.335 3.087
202206 3.258 114.558 3.277
202209 3.252 115.339 3.249
202212 3.173 115.116 3.176
202303 3.234 115.116 3.237
202306 3.249 114.558 3.268
202309 3.229 115.339 3.226
202312 3.299 114.781 3.312
202403 3.227 115.227 3.227

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


Insigma Technology Co  (SHSE:600797) 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.

Insigma Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.74/3.48
=1.36

* 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 Insigma Technology Co was 10.88. The lowest was 1.34. And the median was 3.16.


Be Aware

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


Insigma Technology Co Cyclically Adjusted Book per Share Related Terms

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


Insigma Technology Co (SHSE:600797) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007
Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.
Executives
Zhou Bo senior management
Pan Li Chun Director
Shen Yue Director
Shi Lie Director
Chen Jian Director
Chen Rui Director
Jiang Yi senior management
Dong Dan Qing senior management
Xie Wei senior management
Xu Ke Fei senior management
Wu Ying Yan senior management
Zhao Jian Director
Zhong Ming Bo Director
Yang Xiao Hu senior management
Chen Chun Director

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