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Information Services (Information Services) Cyclically Adjusted Book per Share : $5.54 (As of Mar. 2024)


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What is Information Services Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Information Services's adjusted book value per share for the three months ended in Mar. 2024 was $6.754. 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 $5.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Information Services's average Cyclically Adjusted Book Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-08), Information Services's current stock price is $19.24. Information Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.54. Information Services's Cyclically Adjusted PB Ratio of today is 3.47.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Information Services was 3.97. The lowest was 2.72. And the median was 3.37.


Information Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Information Services's Cyclically Adjusted Book per Share 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.

Information Services Cyclically Adjusted Book per Share Chart

Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.49 5.40

Information Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 5.28 5.42 6.07 5.40 5.54

Competitive Comparison of Information Services's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Information Services'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.


Information Services's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Information Services Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Information Services's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.754/126.2576*126.2576
=6.754

Current CPI (Mar. 2024) = 126.2576.

Information Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.330 99.473 5.496
201409 4.404 99.394 5.594
201412 4.229 98.367 5.428
201503 3.786 99.789 4.790
201506 3.932 100.500 4.940
201509 3.717 100.421 4.673
201512 3.644 99.947 4.603
201603 3.725 101.054 4.654
201606 3.961 102.002 4.903
201609 3.915 101.765 4.857
201612 3.826 101.449 4.762
201703 3.766 102.634 4.633
201706 3.874 103.029 4.747
201709 4.122 103.345 5.036
201712 4.632 103.345 5.659
201803 4.573 105.004 5.499
201806 4.574 105.557 5.471
201809 4.794 105.636 5.730
201812 4.631 105.399 5.547
201903 4.626 106.979 5.460
201906 4.756 107.690 5.576
201909 4.761 107.611 5.586
201912 4.920 107.769 5.764
202003 4.706 107.927 5.505
202006 4.883 108.401 5.687
202009 5.084 108.164 5.934
202012 5.404 108.559 6.285
202103 5.607 110.298 6.418
202106 5.907 111.720 6.676
202109 5.975 112.905 6.682
202112 6.148 113.774 6.823
202203 6.347 117.646 6.812
202206 6.649 120.806 6.949
202209 6.565 120.648 6.870
202212 6.470 120.964 6.753
202303 6.544 122.702 6.734
202306 6.916 124.203 7.030
202309 6.859 125.230 6.915
202312 6.987 125.072 7.053
202403 6.754 126.258 6.754

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Information Services  (OTCPK:IRMTF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Information Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.24/5.54
=3.47

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Information Services was 3.97. The lowest was 2.72. And the median was 3.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Information Services Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Information Services's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Information Services (Information Services) Business Description

Traded in Other Exchanges
Address
No. 300, 10 Research Drive, Regina, SK, CAN, S4S 7J7
Information Services Corp is a Canada-based provider of registry and information management services for public data and records. The company has three segments namely Registry Operations, Services and Technology Solutions. The Registries segment involves the provision of registry and information services and solutions to governments and private sector organizations. The Services segment provides products and services that utilize public records and data to provide value to customers in the financial and legal sectors. Technology Solutions provides the development, delivery and support of registry (and related) technology solutions.

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