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International Barrier Technology (International Barrier Technology) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is International Barrier Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Barrier Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Barrier 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.

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International Barrier Technology Cyclically Adjusted PB Ratio Chart

International Barrier Technology Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cyclically Adjusted PB Ratio
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International Barrier Technology Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of International Barrier Technology's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, International Barrier 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.


International Barrier Technology's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, International Barrier Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Barrier Technology's Cyclically Adjusted PB Ratio falls into.



International Barrier 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.

International Barrier Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, International Barrier Technology's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.099/103.3491*103.3491
=0.099

Current CPI (Jun. 2017) = 103.3491.

International Barrier Technology Quarterly Data

Book Value per Share CPI Adj_Book
200709 0.151 87.964 0.177
200712 0.142 88.616 0.166
200803 0.136 90.090 0.156
200806 0.132 92.320 0.148
200809 0.132 92.307 0.148
200812 0.127 88.697 0.148
200903 0.119 89.744 0.137
200906 0.108 91.003 0.123
200909 0.101 91.120 0.115
200912 0.096 91.111 0.109
201003 0.030 91.821 0.034
201006 0.027 91.962 0.030
201009 0.028 92.162 0.031
201012 0.047 92.474 0.053
201103 0.047 94.283 0.052
201106 0.048 95.235 0.052
201109 0.057 95.727 0.062
201112 0.057 95.213 0.062
201203 0.055 96.783 0.059
201206 0.052 96.819 0.056
201209 0.048 97.633 0.051
201212 0.045 96.871 0.048
201303 0.046 98.209 0.048
201306 0.051 98.518 0.054
201309 0.054 98.790 0.056
201312 0.053 98.326 0.056
201403 0.055 99.695 0.057
201406 0.065 100.560 0.067
201409 0.073 100.428 0.075
201412 0.075 99.070 0.078
201503 0.078 99.621 0.081
201506 0.082 100.684 0.084
201509 0.082 100.392 0.084
201512 0.085 99.792 0.088
201603 0.087 100.470 0.089
201606 0.087 101.688 0.088
201609 0.089 101.861 0.090
201612 0.096 101.863 0.097
201703 0.099 102.862 0.099
201706 0.099 103.349 0.099

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.


International Barrier Technology  (OTCPK:IBTGF) 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.


International Barrier Technology Cyclically Adjusted PB Ratio Related Terms

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International Barrier Technology (International Barrier Technology) Business Description

Traded in Other Exchanges
N/A
Address
International Barrier Technology Inc. is incorporated in July 1986 under the name 'Barrier Technology Inc.' The name was changed to 'International Barrier Technology Inc.' on 11 March 1996. The Company acquired the rights to the Pyrotite Technology for Canada in July 1986 and for the United States in March 1992. The Company develops, manufactures, and markets proprietary fire resistant building materials designed to help protect people and property from the destruction of fire. The Company uses a patented, non-combustible, non-toxic Pyrotite formulation that is used to coat wood panels and has potential application to engineered wood products, paint, plastics, and expanded polystyrene. Pyrotite is a fire-barrier material comprised of the patented formulation reinforced with chopped fiberglass strands and applied by customers directly to wood sheathing designed to prevent ignition and inhibit the spread of flames; and Blazeguard, a composite fire-rated panel, composed of a coating of the patented formulation adhered to a layer of structural sheathing or oriented strand board (OSB). The Company competes with other building materials companies that have similar operations.

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