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Inficon Holding AG (CHIX:IFCNZ) Cyclically Adjusted PB Ratio : 15.56 (As of Jun. 03, 2024)


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What is Inficon Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Inficon Holding AG's current share price is CHF1424.00. Inficon Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CHF91.50. Inficon Holding AG's Cyclically Adjusted PB Ratio for today is 15.56.

The historical rank and industry rank for Inficon Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:IFCNz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.68   Med: 8.03   Max: 17.68
Current: 15.65

During the past years, Inficon Holding AG's highest Cyclically Adjusted PB Ratio was 17.68. The lowest was 3.68. And the median was 8.03.

CHIX:IFCNz's Cyclically Adjusted PB Ratio is ranked worse than
98.2% of 1886 companies
in the Hardware industry
Industry Median: 1.66 vs CHIX:IFCNz: 15.65

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.

Inficon Holding AG's adjusted book value per share data for the three months ended in Dec. 2023 was CHF120.312. 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 CHF91.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inficon Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inficon Holding AG'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.

Inficon Holding AG Cyclically Adjusted PB Ratio Chart

Inficon Holding AG 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 10.22 10.68 16.76 9.48 13.18

Inficon Holding AG Quarterly 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 16.76 - 9.48 - 13.18

Competitive Comparison of Inficon Holding AG's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Inficon Holding AG'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.


Inficon Holding AG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Inficon Holding AG 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.

Inficon Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1424.00/91.5
=15.56

* 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.

Inficon Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Inficon Holding AG'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)
=120.312/106.4612*106.4612
=120.312

Current CPI (Dec. 2023) = 106.4612.

Inficon Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
200206 84.531 95.286 94.445
200212 79.187 95.215 88.540
200306 72.820 95.808 80.917
200312 68.681 95.781 76.340
200406 71.305 96.873 78.362
200412 70.449 97.056 77.276
200512 82.277 98.033 89.351
200612 80.741 98.642 87.141
200712 66.323 100.619 70.174
200812 73.826 101.324 77.569
200906 0.000 101.608 0.000
200912 64.557 101.610 67.639
201006 70.494 102.102 73.504
201012 71.481 102.138 74.506
201106 64.574 102.678 66.953
201112 64.936 101.408 68.172
201206 61.455 101.596 64.398
201212 70.491 100.968 74.326
201306 64.694 101.466 67.879
201312 69.682 101.036 73.424
201406 62.369 101.517 65.407
201412 74.392 100.704 78.645
201506 62.087 100.464 65.794
201512 72.434 99.386 77.590
201606 59.767 100.088 63.573
201612 72.280 99.380 77.431
201706 68.862 100.285 73.103
201712 84.737 100.213 90.020
201806 79.078 101.435 82.996
201812 84.363 100.906 89.007
201906 73.133 102.044 76.299
201912 84.210 101.063 88.708
202006 73.520 100.743 77.693
202012 81.151 100.241 86.187
202106 80.076 101.352 84.113
202112 95.160 101.776 99.541
202206 90.168 104.783 91.612
202212 105.743 104.666 107.556
202306 102.125 106.576 102.015
202312 120.312 106.461 120.312

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.


Inficon Holding AG  (CHIX:IFCNz) 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.


Inficon Holding AG Cyclically Adjusted PB Ratio Related Terms

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


Inficon Holding AG (CHIX:IFCNZ) Business Description

Industry
Traded in Other Exchanges
Address
Hintergasse 15 B, Bad Ragaz, CHE, CH-7310
Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise of chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. The Asia Pacific region accounts for most of the company's product sales.

Inficon Holding AG (CHIX:IFCNZ) Headlines

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