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Industrial Holding Bulgaria AD (XBUL:IHB) Cyclically Adjusted PB Ratio : 0.37 (As of May. 24, 2025)


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What is Industrial Holding Bulgaria AD Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Industrial Holding Bulgaria AD's current share price is лв1.57. Industrial Holding Bulgaria AD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was лв4.24. Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio for today is 0.37.

The historical rank and industry rank for Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBUL:IHB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.42   Max: 0.59
Current: 0.37

During the past years, Industrial Holding Bulgaria AD's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.22. And the median was 0.42.

XBUL:IHB's Cyclically Adjusted PB Ratio is ranked better than
75.51% of 445 companies
in the Conglomerates industry
Industry Median: 0.94 vs XBUL:IHB: 0.37

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.

Industrial Holding Bulgaria AD's adjusted book value per share data for the three months ended in Dec. 2024 was лв4.215. 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 лв4.24 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrial Holding Bulgaria AD Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Industrial Holding Bulgaria AD'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.

Industrial Holding Bulgaria AD Cyclically Adjusted PB Ratio Chart

Industrial Holding Bulgaria AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.54 0.48 0.40 0.41

Industrial Holding Bulgaria AD Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.40 0.42 0.41 0.41 0.41

Competitive Comparison of Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Industrial Holding Bulgaria AD'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.


Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio falls into.


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Industrial Holding Bulgaria AD 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.

Industrial Holding Bulgaria AD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.57/4.24
=0.37

* 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.

Industrial Holding Bulgaria AD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Industrial Holding Bulgaria AD's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.215/133.1571*133.1571
=4.215

Current CPI (Dec. 2024) = 133.1571.

Industrial Holding Bulgaria AD Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.983 99.070 5.353
201503 3.621 99.621 4.840
201506 3.358 100.684 4.441
201509 3.388 100.392 4.494
201512 3.749 99.792 5.002
201603 3.654 100.470 4.843
201606 3.663 101.688 4.797
201612 3.682 101.863 4.813
201703 0.000 102.862 0.000
201706 3.583 103.349 4.616
201709 0.000 104.136 0.000
201712 3.524 104.011 4.511
201803 3.932 105.290 4.973
201806 2.959 106.317 3.706
201809 0.000 106.507 0.000
201812 3.059 105.998 3.843
201903 3.105 107.251 3.855
201906 3.138 108.070 3.866
201909 0.000 108.329 0.000
201912 3.219 108.420 3.953
202003 3.214 108.902 3.930
202006 3.157 108.767 3.865
202009 3.133 109.815 3.799
202012 3.067 109.897 3.716
202103 3.153 111.754 3.757
202106 3.287 114.631 3.818
202109 3.435 115.734 3.952
202112 3.594 117.630 4.068
202203 3.718 121.301 4.081
202206 3.947 125.017 4.204
202209 4.173 125.227 4.437
202212 3.923 125.222 4.172
202303 3.945 127.348 4.125
202306 3.993 128.729 4.130
202309 4.028 129.860 4.130
202312 3.953 129.419 4.067
202403 4.018 131.776 4.060
202406 4.064 132.554 4.082
202409 4.064 133.029 4.068
202412 4.215 133.157 4.215

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.


Industrial Holding Bulgaria AD  (XBUL:IHB) 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.


Industrial Holding Bulgaria AD Cyclically Adjusted PB Ratio Related Terms

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


Industrial Holding Bulgaria AD Business Description

Traded in Other Exchanges
N/A
Address
42 Damyan Gruev Street, Sofia, BGR, 1142
Industrial Holding Bulgaria AD is engaged in acquisition, management, assessment and sale of shares in Bulgarian and foreign companies, acquisition, assessment and sale of patents, cession of licenses to use patents to companies in which the company holds shares, financing of companies in which the company holds shares, as well as any other activity not prohibited by law.

Industrial Holding Bulgaria AD Headlines

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