International Public Partnerships (CHIX:INPPL) Cyclically Adjusted PB Ratio: 0.71 (As of Jul. 16, 2026) — 38% Below Median

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CHIX:INPPL International Public Partnerships Ltd CHIX:INPPL
61 GF Score
Price £1.27
GF Value £2.96
! 4 Warning Signs
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What is International Public Partnerships Cyclically Adjusted PB Ratio?

International Public Partnerships CHIX:INPPL 61 Cyclically Adjusted PB Ratio is 0.71 as of Jul. 16, 2026, which is 38% below its 10-year median of 1.14. GuruFocus rates CHIX:INPPL with a GF Score™ of 61/100 and a GF Value™ of £2.96. The stock has 4 warning signs investors should review. Among 1,000 Asset Management companies, International Public Partnerships ranks better than 53.9% on this metric.

As of today (2026-07-16), International Public Partnerships's current share price is £1.272. International Public Partnerships's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £1.78. International Public Partnerships's Cyclically Adjusted PB Ratio for today is 0.71.

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

CHIX:INPPl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.14   Max: 1.41
Current: 0.8

During the past 13 years, International Public Partnerships's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.63. And the median was 1.14.

CHIX:INPPl's Cyclically Adjusted PB Ratio is ranked better than
53.9% of 1000 companies
in the Asset Management industry
Industry Median: 0.85 vs CHIX:INPPl: 0.80

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 Public Partnerships's adjusted book value per share data of for the fiscal year that ended in Dec25 was £1.515. 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 £1.78 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Public Partnerships  (CHIX:INPPl) 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 Public Partnerships Cyclically Adjusted PB Ratio Related Terms


International Public Partnerships Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for International Public Partnerships'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.

International Public Partnerships Cyclically Adjusted PB Ratio Chart

International Public Partnerships Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.91 0.80 0.70 0.71

International Public Partnerships Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.70 0.00 0.71

CHIX:INPPL vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, International Public Partnerships'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 Public Partnerships Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, International Public Partnerships's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:INPPL
61GF Score
International Public Partnerships Ltd CHIX:INPPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Public Partnerships 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 Public Partnerships's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.272/1.78
=0.71

* 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 Public Partnerships's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, International Public Partnerships's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.515/324.0540*324.0540
=1.515

Current CPI (Dec25) = 324.0540.

International Public Partnerships Annual Data

Book Value per Share CPI Adj_Book
201612 1.422 241.432 1.909
201712 1.450 246.524 1.906
201812 1.481 251.233 1.910
201912 1.506 256.974 1.899
202012 1.471 260.474 1.830
202112 1.482 278.802 1.723
202212 1.591 296.797 1.737
202312 1.526 306.746 1.612
202412 1.447 315.605 1.486
202512 1.515 324.054 1.515

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.

What does a Cyclically Adjusted PB Ratio of 0.71 mean?
International Public Partnerships (CHIX:INPPL) has a Cyclically Adjusted PB Ratio of 0.71 as of Jul. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on International Public Partnerships and its competitors. This is 38% below median its historical median of 1.14. Over the past decade, International Public Partnerships' Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.41. According to the industry distribution chart, International Public Partnerships ranks #461 out of 1000 companies in the Asset Management industry, placing it in the top 46.1%.
Is International Public Partnerships' Cyclically Adjusted PB Ratio too high?
International Public Partnerships' current Cyclically Adjusted PB Ratio of 0.71 is 38% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.41. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. International Public Partnerships' value of 0.71 is 16.5% below this industry median. Based on the distribution chart, International Public Partnerships ranks #461 out of 1000 companies in the Asset Management industry, which is above the industry midpoint. Overall, International Public Partnerships has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does International Public Partnerships' Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, International Public Partnerships ranks #461 out of 1000 companies for Cyclically Adjusted PB Ratio. This puts International Public Partnerships in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. International Public Partnerships' value of 0.71 is 16.5% below this benchmark. Historically, International Public Partnerships' own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.41 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.85, International Public Partnerships has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Public Partnerships's current Cyclically Adjusted PB Ratio of 0.71 is 16.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on International Public Partnerships and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Public Partnerships's current Cyclically Adjusted PB Ratio is 0.71, which is 38% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Public Partnerships stock overvalued right now?
International Public Partnerships (CHIX:INPPL) has a current Cyclically Adjusted PB Ratio of 0.71. The stock's GF Value™ is £2.96, compared to a current price of £1.27 — trading 57% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 38% below median its 10-year median of 1.14 and 16.5% below the Asset Management industry median of 0.85. International Public Partnerships' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For International Public Partnerships (CHIX:INPPL), the current Cyclically Adjusted PB Ratio is 0.71 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is International Public Partnerships (CHIX:INPPL) Overvalued in 2026?

Based on GuruFocus' analysis, International Public Partnerships stock appears to be undervalued. The current stock price of £1.27 is trading 57% below its estimated GF Value™ of £2.96.

Key valuation signals for CHIX:INPPL:

  • Cyclically Adjusted PB Ratio: 0.71 (38% below median its 10-year median of 1.14)
  • GF Value™: £2.96 vs. price of £1.27 (57% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 16.5% below the Asset Management median (#461 of 1000)

No single metric tells the full story. See the CHIX:INPPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Public Partnerships Business Description

Other Exchanges INPP:UK
Address Trafalgar Court, Les Banques, PO Box 286, Floor 2, St Peter Port, GGY, GY1 4LY
International Public Partnerships Ltd is a closed-ended investment company. Its objective is to provide investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation. Its portfolio consists of transport, energy transmission, Education, gas distribution, wastewater, health, judicial, digital, and others. Its investments are in the UK, the United States, Europe, Australia, Belgium, Germany, New Zealand, Canada, Ireland, and Denmark, with the U.K. accounting for the majority of shares. It has four reportable segments: UK & CI, Europe (excl. UK), North America, and Australia & New Zealand.
61GF Score

Get the complete analysis for CHIX:INPPL

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.27
Price
£2.96
GF Value