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Exchangeome (TSX:EIF) Cyclically Adjusted PB Ratio : 2.14 (As of Apr. 29, 2024)


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What is Exchangeome Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Exchangeome's current share price is C$46.92. Exchangeome's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$21.94. Exchangeome's Cyclically Adjusted PB Ratio for today is 2.14.

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

TSX:EIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.22   Max: 3.33
Current: 2.14

During the past years, Exchangeome's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 0.99. And the median was 2.22.

TSX:EIF's Cyclically Adjusted PB Ratio is ranked worse than
72.54% of 692 companies
in the Transportation industry
Industry Median: 1.22 vs TSX:EIF: 2.14

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.

Exchangeome's adjusted book value per share data for the three months ended in Dec. 2023 was C$26.423. 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 C$21.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exchangeome Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Exchangeome'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.

Exchangeome Cyclically Adjusted PB Ratio Chart

Exchangeome 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 2.70 2.10 2.24 2.58 2.06

Exchangeome Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.58 2.57 2.46 2.07 2.06

Competitive Comparison of Exchangeome's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Exchangeome'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.


Exchangeome's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Exchangeome's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Exchangeome 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.

Exchangeome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.92/21.94
=2.14

* 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.

Exchangeome's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Exchangeome's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=26.423/125.4675*125.4675
=26.423

Current CPI (Dec. 2023) = 125.4675.

Exchangeome Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.004 98.604 17.819
201406 13.593 99.473 17.145
201409 13.821 99.394 17.447
201412 13.311 98.367 16.978
201503 13.890 99.789 17.464
201506 13.947 100.500 17.412
201509 15.939 100.421 19.914
201512 16.162 99.947 20.289
201603 15.449 101.054 19.181
201606 16.199 102.002 19.926
201609 16.536 101.765 20.388
201612 16.884 101.449 20.881
201703 18.297 102.634 22.368
201706 18.210 103.029 22.176
201709 17.969 103.345 21.816
201712 18.440 103.345 22.387
201803 18.562 105.004 22.179
201806 19.054 105.557 22.648
201809 19.037 105.636 22.611
201812 19.710 105.399 23.463
201903 19.212 106.979 22.532
201906 19.359 107.690 22.555
201909 19.877 107.611 23.175
201912 21.031 107.769 24.485
202003 21.291 107.927 24.751
202006 20.307 108.401 23.504
202009 20.063 108.164 23.273
202012 19.338 108.559 22.350
202103 18.930 110.298 21.534
202106 19.831 111.720 22.271
202109 20.411 112.905 22.682
202112 20.657 113.774 22.780
202203 20.175 117.646 21.516
202206 21.236 120.806 22.055
202209 24.025 120.648 24.985
202212 23.990 120.964 24.883
202303 23.581 122.702 24.112
202306 26.042 124.203 26.307
202309 26.765 125.230 26.816
202312 26.423 125.468 26.423

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.


Exchangeome  (TSX:EIF) 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.


Exchangeome Cyclically Adjusted PB Ratio Related Terms

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


Exchangeome (TSX:EIF) Business Description

Traded in Other Exchanges
Address
101-990 Lorimer Boulevard, Winnipeg, MB, CAN, R3P 0Z9
Exchange Income Corp is a diversified, acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with cash flows operating in niche markets. Its Aerospace and Aviation segment is a key revenue driver, recognizes revenue from the provision of Aftermarket parts sales, Aircraft and engine sales, Aircraft and engine lease revenue, Surveillance and aircraft modification services, Software development and sales of software licenses, Charter, passenger flight, medevac, and cargo services. The Manufacturing segment recognizes revenue from the sales of manufacturing products and services.

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