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Inspur Digital Enterprise Technology (HKSE:00596) Cyclically Adjusted PB Ratio : 1.84 (As of Jun. 13, 2024)


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What is Inspur Digital Enterprise Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Inspur Digital Enterprise Technology's current share price is HK$3.58. Inspur Digital Enterprise Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.95. Inspur Digital Enterprise Technology's Cyclically Adjusted PB Ratio for today is 1.84.

The historical rank and industry rank for Inspur Digital Enterprise Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00596' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.19   Max: 2.99
Current: 1.9

During the past 13 years, Inspur Digital Enterprise Technology's highest Cyclically Adjusted PB Ratio was 2.99. The lowest was 0.65. And the median was 1.19.

HKSE:00596's Cyclically Adjusted PB Ratio is ranked better than
58.85% of 1424 companies
in the Software industry
Industry Median: 2.5 vs HKSE:00596: 1.90

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.

Inspur Digital Enterprise Technology's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$1.793. 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 HK$1.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inspur Digital Enterprise Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inspur Digital Enterprise Technology'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.

Inspur Digital Enterprise Technology Cyclically Adjusted PB Ratio Chart

Inspur Digital Enterprise Technology 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 1.40 0.76 2.20 1.79 1.17

Inspur Digital Enterprise Technology Semi-Annual 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 2.20 - 1.79 - 1.17

Competitive Comparison of Inspur Digital Enterprise Technology's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Inspur Digital Enterprise Technology'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.


Inspur Digital Enterprise Technology's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Inspur Digital Enterprise Technology's Cyclically Adjusted PB Ratio falls into.



Inspur Digital Enterprise Technology 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.

Inspur Digital Enterprise Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.58/1.95
=1.84

* 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.

Inspur Digital Enterprise Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Inspur Digital Enterprise Technology's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.793/117.2957*117.2957
=1.793

Current CPI (Dec23) = 117.2957.

Inspur Digital Enterprise Technology Annual Data

Book Value per Share CPI Adj_Book
201412 2.044 99.707 2.405
201512 1.985 102.015 2.282
201612 1.924 103.225 2.186
201712 1.996 104.984 2.230
201812 1.803 107.622 1.965
201912 1.779 110.700 1.885
202012 1.453 109.711 1.553
202112 1.505 112.349 1.571
202212 1.609 114.548 1.648
202312 1.793 117.296 1.793

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.


Inspur Digital Enterprise Technology  (HKSE:00596) 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.


Inspur Digital Enterprise Technology Cyclically Adjusted PB Ratio Related Terms

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


Inspur Digital Enterprise Technology (HKSE:00596) Business Description

Traded in Other Exchanges
Address
1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG
Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.
Executives
Ji Nan Lang Chao Wu Xian Tong Xin You Xian Gong Si 2201 Interest of corporation controlled by you
Lang Chao Ruan Jian Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Lang Chao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Inspur Cheeloo Overseas Investment And Development Co., Limited 2201 Interest of corporation controlled by you
Inspur Overseas Investment Limited 2101 Beneficial owner
Inspur Cloud Computing Investment Limited 2101 Beneficial owner

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