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IFIRMA Spolka Akcyjna (WAR:IFI) Cyclically Adjusted PB Ratio : 13.13 (As of Jun. 01, 2024)


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What is IFIRMA Spolka Akcyjna Cyclically Adjusted PB Ratio?

As of today (2024-06-01), IFIRMA Spolka Akcyjna's current share price is zł23.50. IFIRMA Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł1.79. IFIRMA Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 13.13.

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

WAR:IFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.99   Med: 13.4   Max: 24.27
Current: 13.88

During the past years, IFIRMA Spolka Akcyjna's highest Cyclically Adjusted PB Ratio was 24.27. The lowest was 2.99. And the median was 13.40.

WAR:IFI's Cyclically Adjusted PB Ratio is ranked worse than
92.34% of 1384 companies
in the Software industry
Industry Median: 2.545 vs WAR:IFI: 13.88

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.

IFIRMA Spolka Akcyjna's adjusted book value per share data for the three months ended in Mar. 2024 was zł2.001. 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 zł1.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IFIRMA Spolka Akcyjna Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IFIRMA Spolka Akcyjna'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.

IFIRMA Spolka Akcyjna Cyclically Adjusted PB Ratio Chart

IFIRMA Spolka Akcyjna 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 3.47 5.60 21.59 12.30 19.86

IFIRMA Spolka Akcyjna 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 12.69 15.09 19.23 19.86 13.93

Competitive Comparison of IFIRMA Spolka Akcyjna's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, IFIRMA Spolka Akcyjna'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.


IFIRMA Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



IFIRMA Spolka Akcyjna 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.

IFIRMA Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.50/1.79
=13.13

* 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.

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

For example, IFIRMA Spolka Akcyjna'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)
=2.001/149.0435*149.0435
=2.001

Current CPI (Mar. 2024) = 149.0435.

IFIRMA Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.736 101.180 1.084
201409 0.771 100.611 1.142
201412 0.859 100.122 1.279
201503 0.836 100.041 1.245
201506 0.769 100.448 1.141
201509 0.812 99.634 1.215
201512 0.900 99.471 1.349
201603 0.940 98.983 1.415
201606 0.876 99.552 1.311
201609 0.953 99.064 1.434
201612 1.035 100.366 1.537
201703 1.103 101.018 1.627
201706 1.103 101.180 1.625
201709 1.196 101.343 1.759
201712 1.173 102.564 1.705
201803 1.157 102.564 1.681
201806 1.165 103.378 1.680
201809 1.210 103.378 1.744
201812 1.184 103.785 1.700
201903 1.318 104.274 1.884
201906 1.350 105.983 1.899
201909 1.394 105.983 1.960
201912 1.369 107.123 1.905
202003 1.412 109.076 1.929
202006 1.426 109.402 1.943
202009 1.462 109.320 1.993
202012 1.520 109.565 2.068
202103 1.559 112.658 2.063
202106 1.630 113.960 2.132
202109 1.803 115.588 2.325
202112 1.934 119.088 2.420
202203 2.015 125.031 2.402
202206 1.925 131.705 2.178
202209 1.989 135.531 2.187
202212 2.143 139.113 2.296
202303 2.110 145.950 2.155
202306 2.213 147.009 2.244
202309 2.051 146.113 2.092
202312 2.008 147.741 2.026
202403 2.001 149.044 2.001

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.


IFIRMA Spolka Akcyjna  (WAR:IFI) 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.


IFIRMA Spolka Akcyjna Cyclically Adjusted PB Ratio Related Terms

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


IFIRMA Spolka Akcyjna (WAR:IFI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Grabiszynska 241 B, Wroclaw, POL, 53-234
IFIRMA Spolka Akcyjna provides services in the field of software development as well as recruitment and outsourcing of IT staff. Its services include internet accounting, accounting office, invoices application, and warehousing software. The company is working on www.firmbee.com - a project management software which manages firm's tasks, finances, supports remote team work and HR processes.

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