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Ingdan (Ingdan) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Ingdan Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingdan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ingdan'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.

Ingdan Cyclically Adjusted PB Ratio Chart

Ingdan 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 - - - 0.65 0.41

Ingdan Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 0.65 - 0.41

Competitive Comparison of Ingdan's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Ingdan'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.


Ingdan's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Ingdan 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.

Ingdan's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ingdan's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.38/114.7809*114.7809
=0.380

Current CPI (Dec23) = 114.7809.

Ingdan Annual Data

Book Value per Share CPI Adj_Book
201412 0.189 99.000 0.219
201512 0.219 100.600 0.250
201612 0.347 102.600 0.388
201712 0.372 104.500 0.409
201812 0.402 106.500 0.433
201912 0.399 111.200 0.412
202012 0.410 111.500 0.422
202112 0.443 113.108 0.450
202212 0.393 115.116 0.392
202312 0.380 114.781 0.380

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.


Ingdan  (GREY:CGBGF) 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.


Ingdan Cyclically Adjusted PB Ratio Related Terms

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Ingdan (Ingdan) Business Description

Industry
Traded in Other Exchanges
Address
No. 55 Gaoxin South 9th Road, 11th Floor, Microsoft Comtech Tower, Nanshan, Shenzhen, CHN, 518057
Ingdan Inc provides a technology services platform (iPaaS) serving the global integrated circuits chips industry and AIoT ecosystem in China. The Group operates under a dual-platform model, Comtech, a technology services platform for the chip industry, and Ingdan, a platform providing AIoT technology and services. The two platforms form the Comtech plus Ingdan development model, serving the chip-device-cloud AIoT industry chain, so as to provide technical integration solutions, marketing solutions, and distribution services to customers.

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