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Insigma Technology Co (SHSE:600797) Cyclically Adjusted PB Ratio : 1.36 (As of Jun. 23, 2024)


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What is Insigma Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Insigma Technology Co's current share price is ¥4.74. Insigma Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.48. Insigma Technology Co's Cyclically Adjusted PB Ratio for today is 1.36.

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

SHSE:600797' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 3.16   Max: 10.88
Current: 1.36

During the past years, Insigma Technology Co's highest Cyclically Adjusted PB Ratio was 10.88. The lowest was 1.34. And the median was 3.16.

SHSE:600797's Cyclically Adjusted PB Ratio is ranked better than
70.58% of 1424 companies
in the Software industry
Industry Median: 2.515 vs SHSE:600797: 1.36

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.

Insigma Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.227. 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 ¥3.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Insigma Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Insigma Technology Co'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.

Insigma Technology Co Cyclically Adjusted PB Ratio Chart

Insigma Technology Co 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 3.38 2.22 2.07 1.72 1.90

Insigma Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.39 2.09 1.86 1.90 1.67

Competitive Comparison of Insigma Technology Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Insigma Technology Co'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.


Insigma Technology Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Insigma Technology Co 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.

Insigma Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.74/3.48
=1.36

* 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.

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

For example, Insigma Technology Co'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)
=3.227/115.2271*115.2271
=3.227

Current CPI (Mar. 2024) = 115.2271.

Insigma Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.158 98.200 2.532
201409 2.140 98.900 2.493
201412 1.977 99.000 2.301
201503 1.850 99.900 2.134
201506 1.978 99.500 2.291
201509 1.735 100.500 1.989
201512 2.382 100.600 2.728
201603 2.231 102.200 2.515
201606 2.258 101.400 2.566
201609 2.384 102.400 2.683
201612 2.479 102.600 2.784
201703 2.489 103.200 2.779
201706 2.713 103.100 3.032
201709 4.087 104.100 4.524
201712 4.228 104.500 4.662
201803 4.251 105.300 4.652
201806 4.264 104.900 4.684
201809 4.228 106.600 4.570
201812 4.259 106.500 4.608
201903 4.322 107.700 4.624
201906 4.296 107.700 4.596
201909 4.293 109.800 4.505
201912 4.023 111.200 4.169
202003 3.997 112.300 4.101
202006 3.928 110.400 4.100
202009 4.068 111.700 4.196
202012 3.938 111.500 4.070
202103 3.866 112.662 3.954
202106 3.806 111.769 3.924
202109 3.905 112.215 4.010
202112 3.353 113.108 3.416
202203 3.063 114.335 3.087
202206 3.258 114.558 3.277
202209 3.252 115.339 3.249
202212 3.173 115.116 3.176
202303 3.234 115.116 3.237
202306 3.249 114.558 3.268
202309 3.229 115.339 3.226
202312 3.299 114.781 3.312
202403 3.227 115.227 3.227

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.


Insigma Technology Co  (SHSE:600797) 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.


Insigma Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Insigma Technology Co (SHSE:600797) Business Description

Traded in Other Exchanges
N/A
Address
No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007
Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.
Executives
Zhou Bo senior management
Pan Li Chun Director
Shen Yue Director
Shi Lie Director
Chen Jian Director
Chen Rui Director
Jiang Yi senior management
Dong Dan Qing senior management
Xie Wei senior management
Xu Ke Fei senior management
Wu Ying Yan senior management
Zhao Jian Director
Zhong Ming Bo Director
Yang Xiao Hu senior management
Chen Chun Director

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