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Ingenico Group (XPAR:INGNV) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Ingenico Group Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingenico Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ingenico Group'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.

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Ingenico Group Cyclically Adjusted PB Ratio Chart

Ingenico Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Ingenico Group Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of Ingenico Group's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Ingenico Group'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.


Ingenico Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Ingenico Group 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.

Ingenico Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Ingenico Group's adjusted Book Value per Share data for the fiscal year that ended in Dec19 was:

Adj_Book=Book Value per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=37.304/104.9800*104.9800
=37.304

Current CPI (Dec19) = 104.9800.

Ingenico Group Annual Data

Book Value per Share CPI Adj_Book
201012 10.984 95.450 12.081
201112 10.715 97.800 11.502
201212 13.308 99.100 14.098
201312 12.858 99.800 13.525
201412 17.897 99.860 18.815
201512 25.100 100.040 26.339
201612 28.377 100.650 29.598
201712 30.525 101.850 31.463
201812 30.743 103.470 31.192
201912 37.304 104.980 37.304

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.


Ingenico Group  (XPAR:INGNV) 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.


Ingenico Group Cyclically Adjusted PB Ratio Related Terms

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Ingenico Group (XPAR:INGNV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
28/32 boulevard de Grenelle, Paris, FRA, 75015
Ingenico Group SA is a provider of payment and transaction processing services. The company offers solutions under its Ingenico smart terminals, payment services, and e-payment brands. Products and solutions include in-store payment terminals using near field technologies, payment and transaction management services, and online and mobile commerce solutions such as data analytics, fraud-management solutions, cross-border commerce, and various payment methods. Payment terminals generate the lion's share of revenue, which overall is earned across the globe. The largest region by revenue is EMEA.

Ingenico Group (XPAR:INGNV) Headlines

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