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Innofactor Oyj (OHEL:IFA1V) Cyclically Adjusted PB Ratio : 2.18 (As of Sep. 23, 2024)


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What is Innofactor Oyj Cyclically Adjusted PB Ratio?

As of today (2024-09-23), Innofactor Oyj's current share price is €1.68. Innofactor Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.77. Innofactor Oyj's Cyclically Adjusted PB Ratio for today is 2.18.

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

OHEL:IFA1V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.65   Max: 3.84
Current: 2.17

During the past years, Innofactor Oyj's highest Cyclically Adjusted PB Ratio was 3.84. The lowest was 0.69. And the median was 1.65.

OHEL:IFA1V's Cyclically Adjusted PB Ratio is ranked better than
55.41% of 1276 companies
in the Software industry
Industry Median: 2.515 vs OHEL:IFA1V: 2.17

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.

Innofactor Oyj's adjusted book value per share data for the three months ended in Jun. 2024 was €0.683. 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 €0.77 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innofactor Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innofactor Oyj'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.

Innofactor Oyj Cyclically Adjusted PB Ratio Chart

Innofactor Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 2.05 2.27 1.41 1.57

Innofactor Oyj Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 1.47 1.57 1.69 1.67

Competitive Comparison of Innofactor Oyj's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Innofactor Oyj'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.


Innofactor Oyj's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Innofactor Oyj 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.

Innofactor Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.68/0.77
=2.18

* 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.

Innofactor Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Innofactor Oyj's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.683/122.2300*122.2300
=0.683

Current CPI (Jun. 2024) = 122.2300.

Innofactor Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.685 100.726 0.831
201412 0.699 100.229 0.852
201503 0.715 100.120 0.873
201506 0.719 100.030 0.879
201509 0.718 100.130 0.876
201512 0.742 99.990 0.907
201603 0.647 100.080 0.790
201606 0.656 100.390 0.799
201609 0.656 100.540 0.798
201612 0.687 101.020 0.831
201703 0.742 100.910 0.899
201706 0.740 101.140 0.894
201709 0.703 101.320 0.848
201712 0.684 101.510 0.824
201803 0.674 101.730 0.810
201806 0.653 102.320 0.780
201809 0.632 102.600 0.753
201812 0.589 102.710 0.701
201903 0.587 102.870 0.697
201906 0.578 103.360 0.684
201909 0.577 103.540 0.681
201912 0.592 103.650 0.698
202003 0.613 103.490 0.724
202006 0.637 103.320 0.754
202009 0.635 103.710 0.748
202012 0.627 103.890 0.738
202103 0.702 104.870 0.818
202106 0.685 105.360 0.795
202109 0.701 106.290 0.806
202112 0.679 107.490 0.772
202203 0.701 110.950 0.772
202206 0.640 113.570 0.689
202209 0.655 114.920 0.697
202212 0.685 117.320 0.714
202303 0.721 119.750 0.736
202306 0.657 120.690 0.665
202309 0.686 121.280 0.691
202312 0.713 121.540 0.717
202403 0.748 122.360 0.747
202406 0.683 122.230 0.683

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.


Innofactor Oyj  (OHEL:IFA1V) 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.


Innofactor Oyj Cyclically Adjusted PB Ratio Related Terms

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Innofactor Oyj Business Description

Industry
Traded in Other Exchanges
Address
Keilaranta 9, Espoo, FIN, 02150
Innofactor Oyj is a software provider focused on Microsoft solutions in Nordic countries. The company delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus of the company's product development is on cloud solutions for Microsoft and its ecosystem. The company has office locations in Finland, Sweden, Denmark and Norway. The sale of services generates maximum revenue for the company.

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