IGS Capital Group (STU:FTVA) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

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What is IGS Capital Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IGS Capital Group  (STU:FTVA) 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.


IGS Capital Group Cyclically Adjusted PB Ratio Related Terms


IGS Capital Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IGS Capital 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.

IGS Capital Group Cyclically Adjusted PB Ratio Chart

IGS Capital Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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IGS Capital Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 0.00 0.00 0.00 0.00

STU:FTVA vs PUSH, IFMK, HWIN: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, IGS Capital 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.


IGS Capital Group Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGS Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IGS Capital Group's Cyclically Adjusted PB Ratio falls into.



IGS Capital 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.

IGS Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, IGS Capital Group's adjusted Book Value per Share data for the three months ended in Dec. 2017 was:

Adj_Book=Book Value per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.117/246.5240*246.5240
=0.117

Current CPI (Dec. 2017) = 246.5240.

IGS Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
200803 2.452 213.528 2.831
200806 3.880 218.815 4.371
200809 5.664 218.783 6.382
200812 6.770 210.228 7.939
200903 9.075 212.709 10.518
200906 10.313 215.693 11.787
200909 11.474 215.969 13.097
200912 12.800 215.949 14.612
201003 15.626 217.631 17.701
201006 19.243 217.965 21.764
201009 19.978 218.439 22.547
201012 21.170 219.179 23.811
201103 21.339 223.467 23.541
201106 21.600 225.722 23.591
201109 2.730 226.889 2.966
201112 -1.209 225.672 -1.321
201203 -1.209 229.392 -1.299
201206 -1.287 229.478 -1.383
201209 -1.256 231.407 -1.338
201212 -0.729 229.601 -0.783
201303 -0.333 232.773 -0.353
201306 -0.402 233.504 -0.424
201309 -0.466 234.149 -0.491
201312 -0.165 233.049 -0.175
201403 -0.208 236.293 -0.217
201406 -0.252 238.343 -0.261
201409 -0.307 238.031 -0.318
201412 -0.370 234.812 -0.388
201503 -0.472 236.119 -0.493
201506 -0.509 238.638 -0.526
201509 -0.559 237.945 -0.579
201512 -0.630 236.525 -0.657
201603 -0.333 238.132 -0.345
201606 -0.066 241.018 -0.068
201609 -0.079 241.428 -0.081
201612 -0.092 241.432 -0.094
201703 -0.099 243.801 -0.100
201706 0.032 244.955 0.032
201709 0.072 246.819 0.072
201712 0.117 246.524 0.117

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.


IGS Capital Group Business Description

Address 7121 West Craig Road, Suite 113 PMB 1010, Las Vegas, NV, USA, 89129
IGS Capital Group Ltd operates through its subsidiary, which is engaged in the manufacturing of plastic pipes for various uses such was drinking water, storm and sewer.