Intercede GroupIRCDF 83 Cyclically Adjusted PB Ratio is 7.61 as of Jul. 01, 2026, which is 31% below its 10-year median of 11.04. GuruFocus rates IRCDF with a GF Score™ of 83/100 and a GF Value™ of $1.67. The stock has 2 warning signs investors should review. Among 1,596 Software companies, Intercede Group ranks worse than 91.23% on this metric.
The historical rank and industry rank for Intercede Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
IRCDF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.32 Med: 11.04 Max: 34.67
Current: 10.87
During the past 13 years, Intercede Group's highest Cyclically Adjusted PB Ratio was 34.67. The lowest was 2.32. And the median was 11.04.
IRCDF's Cyclically Adjusted PB Ratio is ranked worse than 91.23% of 1596
companies
in the Software industry
Industry Median: 2.26
vs IRCDF: 10.87
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.
Intercede Group's adjusted book value per share data of for the fiscal year that ended in Mar26 was $0.427. 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 $0.18 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Intercede Group (OTCPK:IRCDF) 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.
Intercede Group Cyclically Adjusted PB Ratio Related Terms
Intercede Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Intercede 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.
Intercede Group Cyclically Adjusted PB Ratio Chart
IRCDF vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison
For the Software - Application subindustry, Intercede 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.
Intercede Group Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Intercede Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Intercede Group's Cyclically Adjusted PB Ratio falls into.
Intercede 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.
Intercede Group's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 7.61 mean?
Intercede Group (IRCDF) has a Cyclically Adjusted PB Ratio of 7.61 as of Jul. 01, 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 Intercede Group and its competitors. This is 31% below median its historical median of 11.04. Over the past decade, Intercede Group's Cyclically Adjusted PB Ratio has ranged from 2.32 to 34.67. According to the industry distribution chart, Intercede Group ranks #1456 out of 1596 companies in the Software industry, placing it in the top 91.2%.
Is Intercede Group's Cyclically Adjusted PB Ratio too high?
Intercede Group's current Cyclically Adjusted PB Ratio of 7.61 is 31% below median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 34.67. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Intercede Group's value of 7.61 is 236.7% above this industry median. Based on the distribution chart, Intercede Group ranks #1456 out of 1596 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Intercede Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Intercede Group ranks #1456 out of 1596 companies for Cyclically Adjusted PB Ratio. This places Intercede Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Intercede Group's value of 7.61 is 236.7% above this benchmark. Historically, Intercede Group's own Cyclically Adjusted PB Ratio has ranged from 2.32 to 34.67 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 2.26, Intercede Group has consistently been above the industry average. 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,596 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. Intercede Group's current Cyclically Adjusted PB Ratio of 7.61 is 236.7% above 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 Intercede Group and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercede Group's current Cyclically Adjusted PB Ratio is 7.61, which is 31% below median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current Cyclically Adjusted PB Ratio of 7.61. The stock's GF Value™ is $1.67, compared to a current price of $1.37 — trading 18% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.61, which is 31% below median its 10-year median of 11.04 and 236.7% above the Software industry median of 2.26. Intercede Group's overall GF Score™ is 83/100 with 2 warning signs to review. 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 Intercede Group (IRCDF), the current Cyclically Adjusted PB Ratio is 7.61 as of Jul. 01, 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.
Is Intercede Group (IRCDF) Overvalued in 2026?
Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued.
The current stock price of $1.37 is trading 18% below its estimated GF Value™ of $1.67.
Key valuation signals for IRCDF:
Cyclically Adjusted PB Ratio: 7.61 (31% below median its 10-year median of 11.04)
GF Value™: $1.67 vs. price of $1.37 (18% below fair value)
Industry Position: 236.7% above the Software median (#1456 of 1596)
No single metric tells the full story. See the IRCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
83GF Score
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