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International Research PCL (BKK:IRCP-R) Cyclically Adjusted PB Ratio : 0.53 (As of Apr. 29, 2024)


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What is International Research PCL Cyclically Adjusted PB Ratio?

As of today (2024-04-29), International Research PCL's current share price is ฿0.76. International Research PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿1.44. International Research PCL's Cyclically Adjusted PB Ratio for today is 0.53.

The historical rank and industry rank for International Research PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:IRCP-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.63   Max: 1.95
Current: 0.51

During the past years, International Research PCL's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.19. And the median was 0.63.

BKK:IRCP-R's Cyclically Adjusted PB Ratio is ranked better than
88.22% of 1299 companies
in the Software industry
Industry Median: 2.56 vs BKK:IRCP-R: 0.51

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.

International Research PCL's adjusted book value per share data for the three months ended in Dec. 2023 was ฿1.006. 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 ฿1.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Research PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Research PCL'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.

International Research PCL Cyclically Adjusted PB Ratio Chart

International Research PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.50 1.61 0.80 0.53

International Research PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 0.79 0.58 0.61 0.53

Competitive Comparison of International Research PCL's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, International Research 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.


International Research PCL's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



International Research PCL 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.

International Research PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.76/1.44
=0.53

* 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.

International Research PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, International Research PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.006/129.4194*129.4194
=1.006

Current CPI (Dec. 2023) = 129.4194.

International Research PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.279 99.695 1.660
201406 1.248 100.560 1.606
201409 1.496 100.428 1.928
201412 1.522 99.070 1.988
201503 1.565 99.621 2.033
201506 1.469 100.684 1.888
201509 1.554 100.392 2.003
201512 1.501 99.792 1.947
201603 1.565 100.470 2.016
201606 1.552 101.688 1.975
201609 1.542 101.861 1.959
201612 1.138 101.863 1.446
201703 1.210 102.862 1.522
201706 1.209 103.349 1.514
201709 1.097 104.136 1.363
201712 1.126 104.011 1.401
201803 1.120 105.290 1.377
201806 1.075 106.317 1.309
201809 1.054 106.507 1.281
201812 0.962 105.998 1.175
201903 0.942 107.251 1.137
201906 0.909 108.070 1.089
201909 0.925 108.329 1.105
201912 0.662 108.420 0.790
202003 0.451 108.902 0.536
202006 0.461 108.767 0.549
202009 0.523 109.815 0.616
202012 0.588 109.897 0.692
202103 0.441 111.754 0.511
202106 0.538 114.631 0.607
202109 0.824 115.734 0.921
202112 0.819 117.630 0.901
202203 0.853 121.301 0.910
202206 0.933 125.017 0.966
202209 0.927 125.227 0.958
202212 0.991 125.222 1.024
202303 0.973 127.348 0.989
202306 0.940 128.729 0.945
202309 0.966 129.860 0.963
202312 1.006 129.419 1.006

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.


International Research PCL  (BKK:IRCP-R) 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.


International Research PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of International Research PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


International Research PCL (BKK:IRCP-R) Business Description

Traded in Other Exchanges
Address
Ratchadapisek Road, 7th Floor, 199 Column Tower, Khlong Toei Subdistrict, Khlong Toei District, Bangkok, THA, 10110
International Research Corp PCL is engaged in distribution and rendering system development services of information technology system, network information system, and telecommunication information system. The company operates in two reportable segments: Project business segment and Non-project business segment. The company and its subsidiaries operate in Thailand only.

International Research PCL (BKK:IRCP-R) Headlines

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