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INNI (Innovaro) Cyclically Adjusted PB Ratio : (As of Sep. 24, 2024)


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What is Innovaro Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovaro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innovaro'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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Innovaro Cyclically Adjusted PB Ratio Chart

Innovaro Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Innovaro Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Innovaro's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Innovaro'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.


Innovaro's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovaro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Innovaro 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.

Innovaro's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, Innovaro's adjusted Book Value per Share data for the three months ended in Sep. 2013 was:

Adj_Book=Book Value per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=-0.045/98.7900*98.7900
=-0.045

Current CPI (Sep. 2013) = 98.7900.

Innovaro Quarterly Data

Book Value per Share CPI Adj_Book
200312 2.505 77.758 3.183
200403 5.086 79.066 6.355
200406 4.210 80.037 5.196
200409 3.367 80.121 4.152
200412 3.847 80.290 4.733
200503 2.881 81.555 3.490
200506 4.462 82.062 5.372
200509 5.559 83.876 6.547
200512 5.582 83.032 6.641
200603 6.759 84.298 7.921
200606 8.029 85.606 9.266
200609 7.563 85.606 8.728
200612 5.705 85.142 6.620
200703 5.662 86.640 6.456
200706 5.304 87.906 5.961
200709 5.309 87.964 5.962
200712 4.765 88.616 5.312
200803 4.279 90.090 4.692
200806 4.482 92.320 4.796
200809 3.572 92.307 3.823
200812 3.420 88.697 3.809
200903 3.069 89.744 3.378
200906 2.618 91.003 2.842
200909 2.416 91.120 2.619
200912 2.425 91.111 2.629
201003 2.283 91.821 2.456
201006 2.196 91.962 2.359
201009 1.159 92.162 1.242
201012 0.925 92.474 0.988
201103 0.801 94.283 0.839
201106 0.808 95.235 0.838
201109 0.771 95.727 0.796
201112 0.703 95.213 0.729
201203 0.625 96.783 0.638
201206 0.317 96.819 0.323
201209 0.245 97.633 0.248
201212 0.094 96.871 0.096
201303 0.047 98.209 0.047
201306 -0.019 98.518 -0.019
201309 -0.045 98.790 -0.045

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.


Innovaro  (OTCPK:INNI) 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.


Innovaro Cyclically Adjusted PB Ratio Related Terms

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


Innovaro Business Description

Traded in Other Exchanges
N/A
Address
624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217
Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.
Executives
John Micek director 300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas director 2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope director 4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring officer: VICE PRESIDENT RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

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