GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Infotmic Co Ltd (SZSE:000670) » Definitions » Cyclically Adjusted PB Ratio

Infotmic Co (SZSE:000670) Cyclically Adjusted PB Ratio : 12.74 (As of Jun. 18, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Infotmic Co Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Infotmic Co's current share price is ¥4.84. Infotmic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥0.38. Infotmic Co's Cyclically Adjusted PB Ratio for today is 12.74.

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

SZSE:000670' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.85   Med: 12.94   Max: 60.47
Current: 12.35

During the past years, Infotmic Co's highest Cyclically Adjusted PB Ratio was 60.47. The lowest was 3.85. And the median was 12.94.

SZSE:000670's Cyclically Adjusted PB Ratio is ranked worse than
92.3% of 688 companies
in the Semiconductors industry
Industry Median: 2.58 vs SZSE:000670: 12.35

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.

Infotmic Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥0.045. 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 ¥0.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infotmic Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Infotmic 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.

Infotmic Co Cyclically Adjusted PB Ratio Chart

Infotmic 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 4.53 5.01 5.27 17.10 17.44

Infotmic 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 20.98 15.56 15.32 17.44 14.72

Competitive Comparison of Infotmic Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Infotmic 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.


Infotmic Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Infotmic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.84/0.38
=12.74

* 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.

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

For example, Infotmic 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)
=0.045/115.2271*115.2271
=0.045

Current CPI (Mar. 2024) = 115.2271.

Infotmic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.596 98.200 0.699
201409 0.577 98.900 0.672
201412 0.606 99.000 0.705
201503 0.612 99.900 0.706
201506 0.632 99.500 0.732
201509 0.639 100.500 0.733
201512 0.661 100.600 0.757
201603 0.709 102.200 0.799
201606 0.846 101.400 0.961
201609 0.851 102.400 0.958
201612 0.840 102.600 0.943
201703 0.875 103.200 0.977
201706 0.869 103.100 0.971
201709 0.835 104.100 0.924
201712 0.445 104.500 0.491
201803 0.429 105.300 0.469
201806 0.399 104.900 0.438
201809 0.390 106.600 0.422
201812 0.242 106.500 0.262
201903 0.213 107.700 0.228
201906 0.194 107.700 0.208
201909 0.183 109.800 0.192
201912 -0.029 111.200 -0.030
202003 -0.032 112.300 -0.033
202006 -0.013 110.400 -0.014
202009 0.000 111.700 0.000
202012 0.019 111.500 0.020
202103 0.032 112.662 0.033
202106 0.028 111.769 0.029
202109 0.037 112.215 0.038
202112 0.040 113.108 0.041
202203 0.052 114.335 0.052
202206 0.067 114.558 0.067
202209 0.085 115.339 0.085
202212 0.101 115.116 0.101
202303 0.090 115.116 0.090
202306 0.082 114.558 0.082
202309 0.072 115.339 0.072
202312 0.044 114.781 0.044
202403 0.045 115.227 0.045

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.


Infotmic Co  (SZSE:000670) 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.


Infotmic Co Cyclically Adjusted PB Ratio Related Terms

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


Infotmic Co (SZSE:000670) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Lane 500, Shengxia Road, 2nd Floor, Zhangjiang Hi-Tech Park, Jingzhou, CHN
Infotmic Co Ltd is a China-based company engaged in the manufacturing of computer and communications equipment. The product portfolio of the company includes chips such as application processer, Beidou positioning chip, image processor and other chips, Image terminal, products, Intelligent terminal products, commercial equipment and other products. The company is also involved in the field of intelligent system operation by integrating mobile Internet, Internet of Things, Beidou system, intelligent terminal and back-end big data to provide system services such as smart city, data operation, digital ranch and smart home.
Executives
Li Shi Wei Directors, executives
Chen Yan Biao Director
Ding Qiang Supervisors
Chen Zhi Cheng Directors, executives
Tang Zhong Min Director

Infotmic Co (SZSE:000670) Headlines

No Headlines