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Infranor Inter AG (XSWX:INI) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Infranor Inter AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infranor Inter AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Infranor Inter AG'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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Infranor Inter AG Cyclically Adjusted PB Ratio Chart

Infranor Inter AG Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14
Cyclically Adjusted PB Ratio
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Infranor Inter AG Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14
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Competitive Comparison of Infranor Inter AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Infranor Inter AG'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.


Infranor Inter AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Infranor Inter AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Infranor Inter AG's Cyclically Adjusted PB Ratio falls into.



Infranor Inter AG 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.

Infranor Inter AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr14 is calculated as:

For example, Infranor Inter AG's adjusted Book Value per Share data for the fiscal year that ended in Apr14 was:

Adj_Book=Book Value per Share/CPI of Apr14 (Change)*Current CPI (Apr14)
=6.364/101.2938*101.2938
=6.364

Current CPI (Apr14) = 101.2938.

Infranor Inter AG Annual Data

Book Value per Share CPI Adj_Book
200504 4.396 97.850 4.551
200604 5.711 98.886 5.850
200704 9.113 99.335 9.293
200804 15.592 101.604 15.544
200904 3.677 101.265 3.678
201004 2.911 102.655 2.872
201104 4.005 102.920 3.942
201204 4.425 101.902 4.399
201304 5.730 101.255 5.732
201404 6.364 101.294 6.364

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.


Infranor Inter AG  (XSWX:INI) 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.


Infranor Inter AG Cyclically Adjusted PB Ratio Related Terms

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Infranor Inter AG (XSWX:INI) Business Description

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Infranor Inter AG was established in 1941. The Company manufactures & markets solutions for industrial automation. It operates in two divisions: Infranor & Cybelec. Its customers are manufacturers of cables & winding machines, industrial sewing machines, welding assembly robots among others. The Infranor division operates as an industry independent specialist in the general servo and drive technology areas. The Cybelec division provides automation equipment for bending presses including controls, input/output units, fieldbus systems, drives, and motors.

Infranor Inter AG (XSWX:INI) Headlines

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