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Ingenious Entertainment VCT 1 (LSE:IE1E) Cyclically Adjusted PB Ratio : (As of Jun. 17, 2024)


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What is Ingenious Entertainment VCT 1 Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingenious Entertainment VCT 1 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ingenious Entertainment VCT 1'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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Ingenious Entertainment VCT 1 Cyclically Adjusted PB Ratio Chart

Ingenious Entertainment VCT 1 Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Ingenious Entertainment VCT 1 Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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Competitive Comparison of Ingenious Entertainment VCT 1's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Ingenious Entertainment VCT 1'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.


Ingenious Entertainment VCT 1's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ingenious Entertainment VCT 1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ingenious Entertainment VCT 1's Cyclically Adjusted PB Ratio falls into.



Ingenious Entertainment VCT 1 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.

Ingenious Entertainment VCT 1's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Ingenious Entertainment VCT 1's adjusted Book Value per Share data for the fiscal year that ended in Dec17 was:

Adj_Book=Book Value per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=0.133/105.0000*105.0000
=0.133

Current CPI (Dec17) = 105.0000.

Ingenious Entertainment VCT 1 Annual Data

Book Value per Share CPI Adj_Book
200812 0.953 87.100 1.149
200912 0.936 88.900 1.106
201012 0.876 91.700 1.003
201112 0.812 95.000 0.897
201212 0.748 97.300 0.807
201312 0.768 99.200 0.813
201412 0.731 99.900 0.768
201512 0.433 100.400 0.453
201612 0.194 102.200 0.199
201712 0.133 105.000 0.133

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.


Ingenious Entertainment VCT 1  (LSE:IE1E) 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.


Ingenious Entertainment VCT 1 Cyclically Adjusted PB Ratio Related Terms

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Ingenious Entertainment VCT 1 (LSE:IE1E) Business Description

Traded in Other Exchanges
N/A
Address
Ingenious Entertainment VCT 1 PLC is a venture capital trust. Its objective is to invest in companies established to create and bring to market live events and premium entertainment content which will provide shareholders with an attractive return. The company focuses on the investing in media, live events, and entertainment sector targeting concerts, festivals, conferences, and other entertainment based area. Ingenious derives revenue through the source of ticketing, pitch fees from exhibitors and food traders.

Ingenious Entertainment VCT 1 (LSE:IE1E) Headlines

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