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International Industries (KAR:INIL) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 18, 2024)


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What is International Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-18), International Industries's current share price is ₨192.07. International Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨129.30. International Industries's Cyclically Adjusted PB Ratio for today is 1.49.

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

KAR:INIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.21   Max: 1.52
Current: 1.49

During the past years, International Industries's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 1.10. And the median was 1.21.

KAR:INIL's Cyclically Adjusted PB Ratio is ranked worse than
67.82% of 522 companies
in the Steel industry
Industry Median: 0.955 vs KAR:INIL: 1.49

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.

International Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₨204.355. 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 ₨129.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Industries'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.

International Industries Cyclically Adjusted PB Ratio Chart

International Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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International Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of International Industries's Cyclically Adjusted PB Ratio

For the Steel subindustry, International Industries'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.


International Industries's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, International Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



International Industries 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.

International Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=192.07/129.3
=1.49

* 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.

International Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, International Industries's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=204.355/131.7762*131.7762
=204.355

Current CPI (Mar. 2024) = 131.7762.

International Industries Quarterly Data

Book Value per Share CPI Adj_Book
201106 29.013 95.235 40.145
201206 27.890 96.819 37.960
201306 30.709 98.518 41.076
201406 34.335 100.560 44.994
201506 36.068 100.684 47.206
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 44.234 101.688 57.322
201609 45.280 101.861 58.578
201612 50.535 101.863 65.375
201703 54.459 102.862 69.767
201706 81.970 103.349 104.517
201709 59.342 104.136 75.093
201712 67.222 104.011 85.166
201803 98.165 105.290 122.859
201806 103.949 106.317 128.841
201809 98.956 106.507 122.434
201812 104.911 105.998 130.425
201903 106.057 107.251 130.310
201906 114.974 108.070 140.195
201909 111.056 108.329 135.093
201912 112.009 108.420 136.138
202003 110.492 108.902 133.701
202006 108.750 108.767 131.755
202009 111.570 109.815 133.882
202012 128.859 109.897 154.514
202103 137.904 111.754 162.611
202106 151.270 114.631 173.895
202109 156.353 115.734 178.025
202112 161.449 117.630 180.866
202203 163.672 121.301 177.806
202206 182.155 125.017 192.004
202209 184.277 125.227 193.915
202212 179.887 125.222 189.303
202303 189.470 127.348 196.059
202306 196.078 128.729 200.720
202309 196.183 129.860 199.079
202312 204.213 129.419 207.932
202403 204.355 131.776 204.355

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.


International Industries  (KAR:INIL) 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.


International Industries Cyclically Adjusted PB Ratio Related Terms

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


International Industries (KAR:INIL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101, Beaumont Plaza, Karachi, SD, PAK, 75530
International Industries Ltd is a Pakistan-based company engaged in manufacturing and marketing steel pipes and tubes. It operates through three segments namely Steel, Polymer, and Investment. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of its revenue from Pakistan and also has a presence in Asia, Europe, Australia, Africa, and the Americas. The company's product includes Galvanized Iron Pipe (GI Pipe); IIL MS Sch 40; Cold Rolled Steel Tubing; Scaffolding Pipe (Safescaf); Megaflo 100 (HDPE Water Pipe); Flexflo 80/100 (MDPE Gas Pipe); Cosmo (SS 304); FORZA (SS 409) and others. Its product is used in Hotels; Shopping malls; Kitchen and restaurant equipment; Educational institutions; Resorts and farmhouses; Swimming pools; etc.

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