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Internet America (Internet America) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is Internet America Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Internet America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Internet America'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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Internet America Cyclically Adjusted PB Ratio Chart

Internet America Annual Data
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Cyclically Adjusted PB Ratio
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Internet America Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of Internet America's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Internet America'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.


Internet America's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet America's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Internet America 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.

Internet America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2015 is calculated as:

For example, Internet America's adjusted Book Value per Share data for the three months ended in Mar. 2015 was:

Adj_Book=Book Value per Share/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=0.887/99.6211*99.6211
=0.887

Current CPI (Mar. 2015) = 99.6211.

Internet America Quarterly Data

Book Value per Share CPI Adj_Book
200506 0.512 82.062 0.622
200509 0.448 83.876 0.532
200512 0.424 83.032 0.509
200603 0.406 84.298 0.480
200606 0.388 85.606 0.452
200609 0.389 85.606 0.453
200612 0.387 85.142 0.453
200703 0.383 86.640 0.440
200706 0.368 87.906 0.417
200709 0.391 87.964 0.443
200712 0.584 88.616 0.657
200803 0.557 90.090 0.616
200806 0.479 92.320 0.517
200809 0.462 92.307 0.499
200812 0.444 88.697 0.499
200903 0.416 89.744 0.462
200906 0.323 91.003 0.354
200909 0.254 91.120 0.278
200912 0.239 91.111 0.261
201003 0.230 91.821 0.250
201006 0.228 91.962 0.247
201009 0.230 92.162 0.249
201012 0.231 92.474 0.249
201103 0.231 94.283 0.244
201106 0.210 95.235 0.220
201109 0.217 95.727 0.226
201112 0.224 95.213 0.234
201203 0.242 96.783 0.249
201206 0.249 96.819 0.256
201209 0.263 97.633 0.268
201212 0.279 96.871 0.287
201303 0.293 98.209 0.297
201306 0.517 98.518 0.523
201309 0.533 98.790 0.537
201312 0.551 98.326 0.558
201403 0.563 99.695 0.563
201406 0.871 100.560 0.863
201409 0.875 100.428 0.868
201412 0.882 99.070 0.887
201503 0.887 99.621 0.887

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.


Internet America  (GREY:GEEK) 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.


Internet America Cyclically Adjusted PB Ratio Related Terms

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Internet America (Internet America) Business Description

Traded in Other Exchanges
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Internet America Inc is an internet service provider focusing on providing high-speed broadband internet in rural underserved and non-served markets. It offers broadband internet services to customers within its network footprint, focusing on rural, residential markets. The company installs wireless internet service in communities and rural areas that have little or no access to alternative broadband solutions. In addition, it also offers internet services tailored to meet the needs of both residential and business subscribers. Its primary service offerings include broadband Internet delivered wirelessly and over DSL, and dial-up Internet access. Geographically it operates through the region of US and derives substantially all of its revenues from internet access services and related fees.

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