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InterCloud Systems (FRA:INC) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is InterCloud Systems 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


InterCloud Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for InterCloud Systems'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.

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InterCloud Systems Cyclically Adjusted PB Ratio Chart

InterCloud Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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InterCloud Systems Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of InterCloud Systems's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, InterCloud Systems'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.


InterCloud Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



InterCloud Systems 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.

InterCloud Systems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, InterCloud Systems's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.815/106.5067*106.5067
=-0.815

Current CPI (Sep. 2018) = 106.5067.

InterCloud Systems Quarterly Data

Book Value per Share CPI Adj_Book
200812 -137.000 88.697 -164.508
200903 -142.000 89.744 -168.523
200906 -8.833 91.003 -10.338
200909 -5.000 91.120 -5.844
200912 -0.109 91.111 -0.127
201003 -0.691 91.821 -0.802
201006 -0.647 91.962 -0.749
201009 -2.739 92.162 -3.165
201012 -5.857 92.474 -6.746
201103 -8.782 94.283 -9.921
201106 -11.572 95.235 -12.942
201109 -7.511 95.727 -8.357
201112 -5.963 95.213 -6.670
201203 -3.391 96.783 -3.732
201206 -3.627 96.819 -3.990
201209 0.150 97.633 0.164
201212 -5.224 96.871 -5.744
201303 -3.109 98.209 -3.372
201306 0.375 98.518 0.405
201309 1.007 98.790 1.086
201312 -0.164 98.326 -0.178
201403 2.053 99.695 2.193
201406 1.771 100.560 1.876
201409 1.562 100.428 1.657
201412 1.631 99.070 1.753
201503 1.537 99.621 1.643
201506 1.135 100.684 1.201
201509 1.052 100.392 1.116
201512 -0.143 99.792 -0.153
201603 -0.139 100.470 -0.147
201606 -0.455 101.688 -0.477
201609 -0.239 101.861 -0.250
201612 -0.476 101.863 -0.498
201703 -0.715 102.862 -0.740
201706 -0.988 103.349 -1.018
201709 -0.689 104.136 -0.705
201712 -1.000 104.011 -1.024
201803 -0.795 105.290 -0.804
201806 -0.907 106.317 -0.909
201809 -0.815 106.507 -0.815

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.


InterCloud Systems  (FRA:INC) 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.


InterCloud Systems Cyclically Adjusted PB Ratio Related Terms

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


InterCloud Systems (FRA:INC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1030 Broad Street, Suite 102, Shrewsbury, NJ, USA, 07702
InterCloud Systems Inc is a provider of networking orchestration and automation for the Internet of things (IOT), software-defined networking (SDN) and network function virtualization (NFV) environments. The company operates in three operating segments - as an application and infrastructure provider, and professional services provider.The applications and infrastructure segment provides engineering and professional consulting services and voice, data and optical solutions. The professional services segment provides outsourced services to the wireless and wireline industry and information technology industry.

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