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ICMB (Investcorp Credit Management BDC) Cyclically Adjusted PB Ratio : 0.25 (As of Apr. 26, 2025)


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What is Investcorp Credit Management BDC Cyclically Adjusted PB Ratio?

As of today (2025-04-26), Investcorp Credit Management BDC's current share price is $2.89. Investcorp Credit Management BDC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $11.47. Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio for today is 0.25.

The historical rank and industry rank for Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio or its related term are showing as below:

ICMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.28   Max: 0.43
Current: 0.26

During the past years, Investcorp Credit Management BDC's highest Cyclically Adjusted PB Ratio was 0.43. The lowest was 0.22. And the median was 0.28.

ICMB's Cyclically Adjusted PB Ratio is ranked better than
88.22% of 925 companies
in the Asset Management industry
Industry Median: 0.77 vs ICMB: 0.26

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.

Investcorp Credit Management BDC's adjusted book value per share data for the three months ended in Dec. 2024 was $5.387. 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 $11.47 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investcorp Credit Management BDC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Investcorp Credit Management BDC'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.

Investcorp Credit Management BDC Cyclically Adjusted PB Ratio Chart

Investcorp Credit Management BDC Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.33 0.28 0.28

Investcorp Credit Management BDC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.28 0.25 0.28 0.26 0.26

Competitive Comparison of Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Investcorp Credit Management BDC'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.


Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio falls into.


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Investcorp Credit Management BDC 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.

Investcorp Credit Management BDC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.89/11.47
=0.25

* 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.

Investcorp Credit Management BDC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Investcorp Credit Management BDC's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.387/133.1571*133.1571
=5.387

Current CPI (Dec. 2024) = 133.1571.

Investcorp Credit Management BDC Quarterly Data

Book Value per Share CPI Adj_Book
201503 14.416 99.621 19.269
201506 14.411 100.684 19.059
201509 13.645 100.392 18.098
201512 12.172 99.792 16.242
201603 11.957 100.470 15.847
201606 11.897 101.688 15.579
201609 11.860 101.861 15.504
201612 12.132 101.863 15.859
201703 12.320 102.862 15.948
201706 12.415 103.349 15.996
201709 12.394 104.136 15.848
201712 12.499 104.011 16.001
201803 12.547 105.290 15.868
201806 12.566 106.317 15.738
201809 12.413 106.507 15.519
201812 11.492 105.998 14.437
201903 11.142 107.251 13.833
201906 10.505 108.070 12.944
201909 10.187 108.329 12.522
201912 10.150 108.420 12.466
202003 8.151 108.902 9.966
202006 7.787 108.767 9.533
202009 7.806 109.815 9.465
202012 7.843 109.897 9.503
202103 7.927 111.754 9.445
202106 6.921 114.631 8.040
202109 6.999 115.734 8.053
202112 7.089 117.630 8.025
202203 6.934 121.301 7.612
202206 6.500 125.017 6.923
202209 6.465 125.227 6.874
202212 6.358 125.222 6.761
202303 6.130 127.348 6.410
202306 6.094 128.729 6.304
202309 5.827 129.860 5.975
202312 5.477 129.419 5.635
202403 5.494 131.776 5.552
202406 5.208 132.554 5.232
202409 5.546 133.029 5.551
202412 5.387 133.157 5.387

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.


Investcorp Credit Management BDC  (NAS:ICMB) 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.


Investcorp Credit Management BDC Cyclically Adjusted PB Ratio Related Terms

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


Investcorp Credit Management BDC Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, 39th Floor, New York, NY, USA, 10017
Investcorp Credit Management BDC Inc is an externally managed, non-diversified closed-end management investment firm that has elected to be regulated as a business development company (BDC). Its investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies. The company principally invests in the debt of middle-market companies, which it defines as those companies that have an enterprise value.
Executives
Suhail A. Shaikh officer: President C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Cyrus Capital Partners, L.p. 10 percent owner 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Rocco Delguercio officer: CFO, CCO & Treasurer CREDIT SUISSE ASSET MANAGEMENT LLC, ONE MADISON AVENUE, NEW YORK NY 10010
Investcorp Bdc Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, ELGIN AVENUE, GEORGE TOWN E9 GRAND CAYM
Cyrus Capital Partners Gp, Llc 10 percent owner 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim 10 percent owner C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Lee Michael Shaiman director C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017
Keith Lee director 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Michael Mauer director, officer: Chief Executive Officer C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Thomas J Sullivan director C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
S.a. Investcorp 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Investcorp Credit Management Us Llc 10 percent owner 280 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10017
Sipco Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Robert P Ryder director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564

Investcorp Credit Management BDC Headlines

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