GURUFOCUS.COM » STOCK LIST » Technology » Software » Ivrnet Inc (TSXV:IVI) » Definitions » Cyclically Adjusted PB Ratio

Ivrnet (TSXV:IVI) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Ivrnet Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ivrnet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ivrnet'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.

Ivrnet Cyclically Adjusted PB Ratio Chart

Ivrnet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 1.52 6.89 66.45 -

Ivrnet Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Competitive Comparison of Ivrnet's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Ivrnet'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.


Ivrnet's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Ivrnet 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.

Ivrnet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Ivrnet's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.05/124.2033*124.2033
=-0.050

Current CPI (Jun. 2023) = 124.2033.

Ivrnet Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.007 97.419 0.009
201312 0.011 96.945 0.014
201403 0.011 98.604 0.014
201406 0.018 99.473 0.022
201409 0.018 99.394 0.022
201412 0.015 98.367 0.019
201503 0.016 99.789 0.020
201506 0.013 100.500 0.016
201509 0.016 100.421 0.020
201512 0.016 99.947 0.020
201603 0.018 101.054 0.022
201606 0.012 102.002 0.015
201609 0.012 101.765 0.015
201612 0.011 101.449 0.013
201703 0.012 102.634 0.015
201706 0.008 103.029 0.010
201709 0.006 103.345 0.007
201712 0.005 103.345 0.006
201803 0.005 105.004 0.006
201806 0.006 105.557 0.007
201809 0.005 105.636 0.006
201812 -0.004 105.399 -0.005
201903 -0.006 106.979 -0.007
201906 -0.009 107.690 -0.010
201909 -0.014 107.611 -0.016
201912 -0.038 107.769 -0.044
202003 -0.025 107.927 -0.029
202006 -0.027 108.401 -0.031
202009 -0.030 108.164 -0.034
202012 -0.036 108.559 -0.041
202103 -0.039 110.298 -0.044
202106 -0.037 111.720 -0.041
202109 -0.039 112.905 -0.043
202112 -0.039 113.774 -0.043
202203 -0.046 117.646 -0.049
202206 -0.046 120.806 -0.047
202209 -0.048 120.648 -0.049
202212 -0.049 120.964 -0.050
202303 -0.050 122.702 -0.051
202306 -0.050 124.203 -0.050

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.


Ivrnet  (TSXV:IVI) 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.


Ivrnet Cyclically Adjusted PB Ratio Related Terms

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


Ivrnet (TSXV:IVI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1338B - 36 Avenue NE, Suite 222, Calgary, AB, CAN, T2E 6T6
Ivrnet Inc is a software and communications company that develops, hosts, sells, and supports value-added business automation software solutions. The company derives its revenues under license agreements from the sale of proprietary software licenses, third-party software support, and hardware and provides software-related services including training, installation, consulting, and maintenance, which include product support services and periodic updates. Its Telepay, a module in Central, is a PCI DSS-compliant SECURE over-the-phone payment software that provides customers a convenient way to pay bills and can be integrated into existing call center workflows or used as an efficient auto-attendant payment solution.

Ivrnet (TSXV:IVI) Headlines

No Headlines