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Investor Centre (ASX:ICU) Cyclically Adjusted PB Ratio : (As of Sep. 20, 2024)


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What is Investor Centre Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Investor Centre Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Investor Centre's Cyclically Adjusted PB Ratio 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.

Investor Centre Cyclically Adjusted PB Ratio Chart

Investor Centre Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.21 -

Investor Centre Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cyclically Adjusted PB Ratio 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 0.02 - 0.21 - -

Competitive Comparison of Investor Centre's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Investor Centre'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.


Investor Centre's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Investor Centre's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Investor Centre Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Investor Centre's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Investor Centre's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=-0.008/128.9064*128.9064
=-0.008

Current CPI (Jun24) = 128.9064.

Investor Centre Annual Data

Book Value per Share CPI Adj_Book
201506 -1.051 99.838 -1.357
201606 -1.921 100.859 -2.455
201706 -0.001 102.809 -0.001
201806 0.086 104.945 0.106
201906 0.059 106.617 0.071
202006 -0.012 106.246 -0.015
202106 -0.027 110.332 -0.032
202206 -0.017 117.112 -0.019
202306 -0.006 124.170 -0.006
202406 -0.008 128.906 -0.008

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


Investor Centre  (ASX:ICU) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Investor Centre Cyclically Adjusted PB Ratio Related Terms

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Investor Centre Business Description

Traded in Other Exchanges
N/A
Address
10 Eagle Street, Level 19, Brisbane, QLD, AUS, 4000
Investor Centre Ltd through its subsidiary provides financial services. The company is engaged in a diversified financial services business which provides financial services to private wholesale and institutional and corporate clients. Its primary source of continuing revenue is the provision of licensing to Corporate Authorised Representatives (CAR's) who act as Introducing Brokers (IB's) for broker platforms and master brokers.

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