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IFIRMA Spolka Akcyjna (WAR:IFI) Cyclically Adjusted PB Ratio : 11.96 (As of Jan. 18, 2025)


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What is IFIRMA Spolka Akcyjna Cyclically Adjusted PB Ratio?

As of today (2025-01-18), IFIRMA Spolka Akcyjna's current share price is zł22.60. IFIRMA Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was zł1.89. IFIRMA Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 11.96.

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: 13.08   Max: 24.27
Current: 12.72

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 13.08.

WAR:IFI's Cyclically Adjusted PB Ratio is ranked worse than
90.51% of 1349 companies
in the Software industry
Industry Median: 2.71 vs WAR:IFI: 12.72

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 Sep. 2024 was zł2.069. 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 zł1.89 for the trailing ten years ended in Sep. 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
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.23 19.86 13.93 12.97 11.08

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
=22.60/1.89
=11.96

* 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 Sep. 2024 is calculated as:

For example, IFIRMA Spolka Akcyjna's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.069/153.4391*153.4391
=2.069

Current CPI (Sep. 2024) = 153.4391.

IFIRMA Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.859 100.122 1.316
201503 0.836 100.041 1.282
201506 0.769 100.448 1.175
201509 0.812 99.634 1.251
201512 0.900 99.471 1.388
201603 0.940 98.983 1.457
201606 0.876 99.552 1.350
201609 0.953 99.064 1.476
201612 1.035 100.366 1.582
201703 1.103 101.018 1.675
201706 1.103 101.180 1.673
201709 1.196 101.343 1.811
201712 1.173 102.564 1.755
201803 1.157 102.564 1.731
201806 1.165 103.378 1.729
201809 1.210 103.378 1.796
201812 1.184 103.785 1.750
201903 1.318 104.274 1.939
201906 1.350 105.983 1.954
201909 1.394 105.983 2.018
201912 1.369 107.123 1.961
202003 1.412 109.076 1.986
202006 1.426 109.402 2.000
202009 1.462 109.320 2.052
202012 1.520 109.565 2.129
202103 1.559 112.658 2.123
202106 1.630 113.960 2.195
202109 1.803 115.588 2.393
202112 1.934 119.088 2.492
202203 2.015 125.031 2.473
202206 1.925 131.705 2.243
202209 1.989 135.531 2.252
202212 2.143 139.113 2.364
202303 2.110 145.950 2.218
202306 2.213 147.009 2.310
202309 2.051 146.113 2.154
202312 2.008 147.741 2.085
202403 2.001 149.044 2.060
202406 2.086 150.997 2.120
202409 2.069 153.439 2.069

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

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IFIRMA Spolka Akcyjna 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.

IFIRMA Spolka Akcyjna Headlines

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