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Indesa Holdings (XPTY:INDH) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Indesa Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indesa Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indesa Holdings'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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Indesa Holdings Cyclically Adjusted PB Ratio Chart

Indesa Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Indesa Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Indesa Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Indesa Holdings'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.


Indesa Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indesa Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indesa Holdings 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.

Indesa Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Indesa Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=2.469/125.0168*125.0168
=2.469

Current CPI (Jun. 2022) = 125.0168.

Indesa Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201012 15.950 92.474 21.563
201112 16.806 95.213 22.067
201212 16.685 96.871 21.533
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 17.290 98.326 21.983
201403 0.000 99.695 0.000
201406 16.558 100.560 20.585
201409 16.154 100.428 20.109
201412 16.501 99.070 20.823
201503 16.019 99.621 20.103
201506 15.961 100.684 19.818
201509 15.980 100.392 19.900
201512 8.152 99.792 10.213
201603 8.257 100.470 10.274
201606 8.428 101.688 10.362
201609 8.182 101.861 10.042
201612 8.357 101.863 10.257
201703 7.514 102.862 9.132
201706 7.474 103.349 9.041
201709 7.560 104.136 9.076
201712 7.496 104.011 9.010
201803 7.616 105.290 9.043
201806 7.663 106.317 9.011
201809 7.612 106.507 8.935
201812 7.607 105.998 8.972
201903 7.619 107.251 8.881
201906 7.651 108.070 8.851
201909 7.616 108.329 8.789
201912 6.693 108.420 7.718
202003 6.160 108.902 7.072
202006 6.226 108.767 7.156
202009 5.271 109.815 6.001
202012 3.892 109.897 4.427
202103 3.965 111.754 4.436
202106 3.876 114.631 4.227
202109 3.778 115.734 4.081
202112 2.696 117.630 2.865
202203 2.593 121.301 2.672
202206 2.469 125.017 2.469

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.


Indesa Holdings  (XPTY:INDH) 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.


Indesa Holdings Cyclically Adjusted PB Ratio Related Terms

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Indesa Holdings (XPTY:INDH) Business Description

Traded in Other Exchanges
N/A
Address
Torre Banco General, 8th Floor, P.O. Box 0823, Calle Aquilino de la Guardia, Marbella, PAN, 01731
Indesa Holdings Corp is involved in providing advisory and financial services to individuals and corporations in the Republic of Panama. The company offers economic advisory services, including the business forum, analysis, and perspectives of the economic setting, business feasibility studies, business plans, and industry and economic studies; and corporate financial services consisting of strategic and financial advisory, valuation, and fundraising, as well as sales, mergers, and acquisitions services.

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