GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (FRA:I1M) » Definitions » Cyclically Adjusted PB Ratio

Indutrade AB (FRA:I1M) Cyclically Adjusted PB Ratio : 11.59 (As of May. 22, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Indutrade AB Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Indutrade AB's current share price is €23.88. Indutrade AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.06. Indutrade AB's Cyclically Adjusted PB Ratio for today is 11.59.

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

FRA:I1M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.61   Med: 10.96   Max: 21.79
Current: 11.45

During the past years, Indutrade AB's highest Cyclically Adjusted PB Ratio was 21.79. The lowest was 7.61. And the median was 10.96.

FRA:I1M's Cyclically Adjusted PB Ratio is ranked worse than
94.31% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs FRA:I1M: 11.45

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.

Indutrade AB's adjusted book value per share data for the three months ended in Mar. 2024 was €3.767. 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 €2.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indutrade AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indutrade AB'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.

Indutrade AB Cyclically Adjusted PB Ratio Chart

Indutrade AB 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 10.65 14.36 18.69 10.95 11.31

Indutrade AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.95 11.45 9.17 11.31 12.15

Competitive Comparison of Indutrade AB's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Indutrade AB'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.


Indutrade AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indutrade AB 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.

Indutrade AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.88/2.06
=11.59

* 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.

Indutrade AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Indutrade AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.767/132.2054*132.2054
=3.767

Current CPI (Mar. 2024) = 132.2054.

Indutrade AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.832 100.432 1.095
201409 0.884 100.161 1.167
201412 0.933 100.225 1.231
201503 1.021 99.950 1.350
201506 0.990 99.995 1.309
201509 1.043 100.228 1.376
201512 1.112 100.276 1.466
201603 1.170 100.751 1.535
201606 1.149 101.019 1.504
201609 1.179 101.138 1.541
201612 1.255 102.022 1.626
201703 1.350 102.022 1.749
201706 1.317 102.752 1.695
201709 1.417 103.279 1.814
201712 1.431 103.793 1.823
201803 1.531 103.962 1.947
201806 1.502 104.875 1.893
201809 1.557 105.679 1.948
201812 1.666 105.912 2.080
201903 1.746 105.886 2.180
201906 1.681 106.742 2.082
201909 1.787 107.214 2.204
201912 1.883 107.766 2.310
202003 1.952 106.563 2.422
202006 2.060 107.498 2.533
202009 2.191 107.635 2.691
202012 2.331 108.296 2.846
202103 2.505 108.360 3.056
202106 2.461 108.928 2.987
202109 2.606 110.338 3.122
202112 2.752 112.486 3.234
202203 2.874 114.825 3.309
202206 2.845 118.384 3.177
202209 3.016 122.296 3.260
202212 3.186 126.365 3.333
202303 3.324 127.042 3.459
202306 3.250 129.407 3.320
202309 3.297 130.224 3.347
202312 3.552 131.912 3.560
202403 3.767 132.205 3.767

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.


Indutrade AB  (FRA:I1M) 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.


Indutrade AB Cyclically Adjusted PB Ratio Related Terms

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


Indutrade AB (FRA:I1M) Business Description

Traded in Other Exchanges
Address
Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06
Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.

Indutrade AB (FRA:I1M) Headlines

No Headlines