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IACYF (Inter Action) Cyclically Adjusted PB Ratio : 2.25 (As of Sep. 21, 2024)


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What is Inter Action Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Inter Action's current share price is $9.8799. Inter Action's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 was $4.40. Inter Action's Cyclically Adjusted PB Ratio for today is 2.25.

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

IACYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 5.95   Max: 11.93
Current: 1.88

During the past years, Inter Action's highest Cyclically Adjusted PB Ratio was 11.93. The lowest was 1.61. And the median was 5.95.

IACYF's Cyclically Adjusted PB Ratio is ranked worse than
53.67% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs IACYF: 1.88

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.

Inter Action's adjusted book value per share data for the three months ended in May. 2024 was $6.505. 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 $4.40 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inter Action Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inter Action'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.

Inter Action Cyclically Adjusted PB Ratio Chart

Inter Action Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 6.38 4.84 2.66 2.37

Inter Action Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 2.66 1.96 1.76 2.06 2.37

Competitive Comparison of Inter Action's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Inter Action'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.


Inter Action's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inter Action's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Inter Action 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.

Inter Action's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.8799/4.4
=2.25

* 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.

Inter Action's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 is calculated as:

For example, Inter Action's adjusted Book Value per Share data for the three months ended in May. 2024 was:

Adj_Book=Book Value per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=6.505/108.1000*108.1000
=6.505

Current CPI (May. 2024) = 108.1000.

Inter Action Quarterly Data

Book Value per Share CPI Adj_Book
201408 2.291 98.300 2.519
201411 2.218 97.900 2.449
201502 2.112 97.600 2.339
201505 2.258 98.700 2.473
201508 2.172 98.400 2.386
201511 2.243 98.100 2.472
201602 2.373 97.800 2.623
201605 2.684 98.200 2.955
201608 2.843 97.900 3.139
201611 2.782 98.600 3.050
201702 2.779 98.100 3.062
201705 2.937 98.600 3.220
201708 2.901 98.500 3.184
201711 2.948 99.100 3.216
201802 3.379 99.500 3.671
201805 3.552 99.300 3.867
201808 3.396 99.800 3.678
201811 3.842 100.000 4.153
201902 4.129 99.700 4.477
201905 6.015 100.000 6.502
201908 5.983 100.000 6.468
201911 6.277 100.500 6.752
202002 6.216 100.300 6.699
202005 6.718 100.100 7.255
202008 6.741 100.100 7.280
202011 7.402 99.500 8.042
202102 7.638 99.800 8.273
202105 7.533 99.400 8.192
202108 7.280 99.700 7.893
202111 7.245 100.100 7.824
202202 7.091 100.700 7.612
202205 6.674 101.800 7.087
202208 6.450 102.700 6.789
202211 6.261 103.900 6.514
202302 6.967 104.000 7.242
202305 6.822 105.100 7.017
202308 6.390 105.900 6.523
202311 6.336 106.900 6.407
202402 6.412 106.900 6.484
202405 6.505 108.100 6.505

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.


Inter Action  (OTCPK:IACYF) 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.


Inter Action Cyclically Adjusted PB Ratio Related Terms

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


Inter Action Business Description

Industry
Traded in Other Exchanges
Address
1-1, Fukuura, Kanazawa-ku, Yokohama-shi, Kanagawa-ken, JPN, 236-0004
Inter Action Corp is engaged in IoT related business, environmental energy business which include drying and deodorizing equipment for exhaust gas treatment equipment, and industry 4.0 promotion project which include precision anti-vibration device, 3D modelling design, and gear testing machine.

Inter Action Headlines