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Ibex Technologies (TSXV:IBT) Cyclically Adjusted Book per Share : C$0.34 (As of Jan. 2024)


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What is Ibex Technologies 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.

Ibex Technologies's adjusted book value per share for the three months ended in Jan. 2024 was C$0.581. 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$0.34 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Ibex Technologies's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ibex Technologies was 11.60% per year. The lowest was -20.60% per year. And the median was -12.05% per year.

As of today (2024-06-07), Ibex Technologies's current stock price is C$1.44. Ibex Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.34. Ibex Technologies's Cyclically Adjusted PB Ratio of today is 4.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ibex Technologies was 4.24. The lowest was 0.13. And the median was 0.94.


Ibex Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ibex Technologies'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.

Ibex Technologies Cyclically Adjusted Book per Share Chart

Ibex Technologies Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.23 0.25 0.29 0.32

Ibex Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.30 0.31 0.32 0.33 0.34

Competitive Comparison of Ibex Technologies's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Ibex Technologies'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.


Ibex Technologies's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ibex Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ibex Technologies 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, Ibex Technologies's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.581/125.0724*125.0724
=0.581

Current CPI (Jan. 2024) = 125.0724.

Ibex Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.177 98.920 0.224
201407 0.169 99.315 0.213
201410 0.160 99.473 0.201
201501 0.159 98.209 0.202
201504 0.145 99.710 0.182
201507 0.189 100.579 0.235
201510 0.204 100.500 0.254
201601 0.217 100.184 0.271
201604 0.191 101.370 0.236
201607 0.193 101.844 0.237
201610 0.203 102.002 0.249
201701 0.219 102.318 0.268
201704 0.221 103.029 0.268
201707 0.314 103.029 0.381
201710 0.320 103.424 0.387
201801 0.305 104.056 0.367
201804 0.314 105.320 0.373
201807 0.314 106.110 0.370
201810 0.307 105.952 0.362
201901 0.309 105.557 0.366
201904 0.289 107.453 0.336
201907 0.265 108.243 0.306
201910 0.268 107.927 0.311
202001 0.269 108.085 0.311
202004 0.294 107.216 0.343
202007 0.287 108.401 0.331
202010 0.292 108.638 0.336
202101 0.304 109.192 0.348
202104 0.317 110.851 0.358
202107 0.318 112.431 0.354
202110 0.345 113.695 0.380
202201 0.368 114.801 0.401
202204 0.391 118.357 0.413
202207 0.393 120.964 0.406
202210 0.420 121.517 0.432
202301 0.424 121.596 0.436
202304 0.460 123.571 0.466
202307 0.550 124.914 0.551
202310 0.581 125.310 0.580
202401 0.581 125.072 0.581

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


Ibex Technologies  (TSXV:IBT) 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.

Ibex Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.44/0.34
=4.24

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Ibex Technologies was 4.24. The lowest was 0.13. And the median was 0.94.


Be Aware

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


Ibex Technologies Cyclically Adjusted Book per Share Related Terms

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


Ibex Technologies (TSXV:IBT) Business Description

Industry
Traded in Other Exchanges
Address
5485 Pare Street, Suite 100, Montreal, QC, CAN, H4P 1P7
Ibex Technologies Inc is a company engaged in the production and sale of diagnostic products. It manufactures and markets enzymes for biomedical use, through its subsidiaries. It also manufactures and markets a series of arthritis assays that have applications in osteoarthritis research. It sells two product lines namely, Enzymes for in-vitro diagnostics and research, and Tests for osteoarthritis research. The group provides services like Filing and lyophilization of disposable diagnostic components, and Custom fermentation and purification of enzymes for diagnostic companies. Geographically, the firm sells its products in Canada, Germany, the U.S., the U.K., and other countries of which the majority of the revenue is generated from the U.S.

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