IGSC (IGS Capital Group) Cyclically Adjusted PB Ratio: 0.07 (As of Sep. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is IGS Capital Group Cyclically Adjusted PB Ratio?

IGS Capital Group IGSC Cyclically Adjusted PB Ratio is 0.07 as of Sep. 15, 2026.

As of today (2026-09-15), IGS Capital Group's current share price is $0.50. IGS Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2017 was $7.33. IGS Capital Group's Cyclically Adjusted PB Ratio for today is 0.07.

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

IGSC's Cyclically Adjusted PB Ratio is not ranked *
in the Building Materials industry.
Industry Median: 0.945
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

IGS Capital Group's adjusted book value per share data for the three months ended in Dec. 2017 was $0.048. 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 $7.33 for the trailing ten years ended in Dec. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation


IGS Capital Group  (OTCPK:IGSC) 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.


IGS Capital Group Cyclically Adjusted PB Ratio Related Terms


IGS Capital Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IGS Capital Group'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.

IGS Capital Group Cyclically Adjusted PB Ratio Chart

IGS Capital Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

IGS Capital Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.14 0.30 0.33 0.38 0.16

IGSC vs PUSH, IFMK, HWIN: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, IGS Capital Group'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.


IGS Capital Group Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGS Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IGS Capital Group's Cyclically Adjusted PB Ratio falls into.



IGS Capital Group 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.

IGS Capital Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.50/7.326
=0.07

* 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.

IGS Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, IGS Capital Group's adjusted Book Value per Share data for the three months ended in Dec. 2017 was:

Adj_Book=Book Value per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.048/246.5240*246.5240
=0.048

Current CPI (Dec. 2017) = 246.5240.

IGS Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
200712 0.062 210.036 0.073
200803 4.895 213.528 5.651
200806 7.260 218.815 8.179
200809 9.054 218.783 10.202
200812 9.707 210.228 11.383
200903 12.439 212.709 14.416
200906 15.087 215.693 17.244
200909 17.396 215.969 19.857
200912 19.379 215.949 22.123
201003 21.962 217.631 24.878
201006 25.071 217.965 28.356
201009 27.698 218.439 31.259
201012 29.597 219.179 33.290
201103 31.619 223.467 34.881
201106 35.399 225.722 38.661
201109 4.901 226.889 5.325
201203 -1.602 229.392 -1.722
201206 -1.614 229.478 -1.734
201209 -1.627 231.407 -1.733
201212 -0.963 229.601 -1.034
201303 -0.431 232.773 -0.456
201306 -0.528 233.504 -0.557
201309 -0.624 234.149 -0.657
201312 -0.227 233.049 -0.240
201403 -0.285 236.293 -0.297
201406 -0.340 238.343 -0.352
201409 -0.396 238.031 -0.410
201412 -0.456 234.812 -0.479
201503 -0.513 236.119 -0.536
201506 -0.570 238.638 -0.589
201509 -0.626 237.945 -0.649
201512 -0.686 236.525 -0.715
201603 -0.370 238.132 -0.383
201606 -0.074 241.018 -0.076
201609 -0.089 241.428 -0.091
201612 -0.097 241.432 -0.099
201703 -0.106 243.801 -0.107
201706 0.036 244.955 0.036
201709 0.086 246.819 0.086
201712 0.048 246.524 0.048

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.

What does a Cyclically Adjusted PB Ratio of 0.07 mean?
IGS Capital Group (IGSC) has a Cyclically Adjusted PB Ratio of 0.07 as of Sep. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on IGS Capital Group and its competitors.
Is IGS Capital Group's Cyclically Adjusted PB Ratio too high?
IGS Capital Group's current Cyclically Adjusted PB Ratio is 0.07. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.95. IGS Capital Group's value of 0.07 is 92.6% below this industry median.
How does IGS Capital Group's Cyclically Adjusted PB Ratio compare to PUSH and IFMK?
IGS Capital Group's Cyclically Adjusted PB Ratio of 0.07 can be compared against companies in the Building Materials industry. The industry median Cyclically Adjusted PB Ratio is 0.95. IGS Capital Group's value of 0.07 is 92.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.95, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IGS Capital Group's current Cyclically Adjusted PB Ratio of 0.07 is 92.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on IGS Capital Group and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGS Capital Group's current Cyclically Adjusted PB Ratio is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGS Capital Group stock overvalued right now?
IGS Capital Group (IGSC) has a current Cyclically Adjusted PB Ratio of 0.07. The current Cyclically Adjusted PB Ratio is 0.07 and 92.6% below the Building Materials industry median of 0.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For IGS Capital Group (IGSC), the current Cyclically Adjusted PB Ratio is 0.07 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IGS Capital Group Business Description

Address 7121 West Craig Road, Suite 113 PMB 1010, Las Vegas, NV, USA, 89129
IGS Capital Group Ltd operates through its subsidiary, which is engaged in the manufacturing of plastic pipes for various uses such was drinking water, storm and sewer.