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Image Protect (Image Protect) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Image Protect Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Image Protect Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Image Protect'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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Image Protect Cyclically Adjusted PB Ratio Chart

Image Protect Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Image Protect Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Sep22 Sep23
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Competitive Comparison of Image Protect's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Image Protect'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.


Image Protect's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Image Protect's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Image Protect 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.

Image Protect's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Image Protect's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0/129.8595*129.8595
=0.000

Current CPI (Sep. 2023) = 129.8595.

Image Protect Quarterly Data

Book Value per Share CPI Adj_Book
200109 -0.004 75.227 -0.007
200112 -0.022 74.552 -0.038
200203 -0.027 75.438 -0.046
200206 -0.036 75.902 -0.062
200209 -0.037 76.366 -0.063
200212 -0.038 76.324 -0.065
200303 -0.039 77.716 -0.065
200306 0.000 77.505 0.000
200309 -0.004 78.138 -0.007
200312 -0.002 77.758 -0.003
200403 0.001 79.066 0.002
200406 0.001 80.037 0.002
200409 -0.006 80.121 -0.010
200412 -0.024 80.290 -0.039
200503 -0.023 81.555 -0.037
200506 -0.012 82.062 -0.019
200509 -0.017 83.876 -0.026
200512 -0.028 83.032 -0.044
200603 -0.031 84.298 -0.048
200606 -0.027 85.606 -0.041
200609 -0.006 85.606 -0.009
200612 -0.009 85.142 -0.014
200703 -0.012 86.640 -0.018
200706 -0.016 87.906 -0.024
200709 -0.021 87.964 -0.031
200712 -0.021 88.616 -0.031
200803 -0.015 90.090 -0.022
200806 -0.020 92.320 -0.028
200809 -0.024 92.307 -0.034
200812 -0.019 88.697 -0.028
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 -0.017 99.792 -0.022
201603 0.000 100.470 0.000
201606 -0.020 101.688 -0.026
201609 -0.021 101.861 -0.027
201612 -0.024 101.863 -0.031
201703 -0.026 102.862 -0.033
202209 0.000 125.227 0.000
202309 0.000 129.860 0.000

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.


Image Protect  (OTCPK:IMTL) 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.


Image Protect Cyclically Adjusted PB Ratio Related Terms

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Image Protect (Image Protect) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30 Wall Street, 8 Floor, New York, NY, USA, 10005
Image Protect Inc is a media company focusing on microcap news, information and disclosure, crypto, blockchain, and streaming digital assets. Its digital asset library and proprietary technology via its subsidiary Fotofy. are conducive to the foundation of an impactful NFT marketplace.

Image Protect (Image Protect) Headlines

From GuruFocus

Image Protect Inc. (IMTL) Chairman's Letter

By ACCESSWIRE ACCESSWIRE 08-19-2021