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InterAmerican Gaming (InterAmerican Gaming) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is InterAmerican Gaming Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


InterAmerican Gaming Cyclically Adjusted PB Ratio Historical Data

The historical data trend for InterAmerican Gaming'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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InterAmerican Gaming Cyclically Adjusted PB Ratio Chart

InterAmerican Gaming Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Cyclically Adjusted PB Ratio
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InterAmerican Gaming Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of InterAmerican Gaming's Cyclically Adjusted PB Ratio

For the Gambling subindustry, InterAmerican Gaming'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.


InterAmerican Gaming's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, InterAmerican Gaming's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



InterAmerican Gaming 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.

InterAmerican Gaming's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep12 is calculated as:

For example, InterAmerican Gaming's adjusted Book Value per Share data for the fiscal year that ended in Sep12 was:

Adj_Book=Book Value per Share/CPI of Sep12 (Change)*Current CPI (Sep12)
=-0.004/96.3919*96.3919
=-0.004

Current CPI (Sep12) = 96.3919.

InterAmerican Gaming Annual Data

Book Value per Share CPI Adj_Book
200309 0.007 81.459 0.008
200409 -0.040 82.960 -0.046
200509 -0.004 85.647 -0.005
200609 0.047 86.279 0.053
200709 -0.003 88.412 -0.003
200809 0.018 91.414 0.019
200909 -0.013 90.624 -0.014
201009 -0.013 92.362 -0.014
201109 0.000 95.286 0.000
201209 -0.004 96.392 -0.004

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.


InterAmerican Gaming  (OTCPK:IAGM) 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.


InterAmerican Gaming Cyclically Adjusted PB Ratio Related Terms

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InterAmerican Gaming (InterAmerican Gaming) Business Description

Traded in Other Exchanges
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Address
InterAmerican Gaming, Inc., was incorporated on 2 September 1999 in the State of Nevada. The Company develops international gaming operations. The Company leased video lottery terminal slot machines from a related party and began deploying the assets in non-owned gaming locations. In 2009, the Company installed slot machines at Fantasy Club Del Peru SA locations, operating under various brands throughout the country Slot City in Chiclayo, Colibri Dorado in Chincha and Monos Dorados in Huacho and Huaral.

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