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IB Infotech Enterprises (BOM:519463) Cyclically Adjusted PB Ratio : 17.50 (As of Jun. 06, 2024)


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What is IB Infotech Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-06), IB Infotech Enterprises's current share price is ₹122.00. IB Infotech Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹6.97. IB Infotech Enterprises's Cyclically Adjusted PB Ratio for today is 17.50.

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

BOM:519463' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 16.88   Max: 33.83
Current: 17.51

During the past years, IB Infotech Enterprises's highest Cyclically Adjusted PB Ratio was 33.83. The lowest was 5.76. And the median was 16.88.

BOM:519463's Cyclically Adjusted PB Ratio is ranked worse than
94.95% of 1407 companies
in the Software industry
Industry Median: 2.57 vs BOM:519463: 17.51

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.

IB Infotech Enterprises's adjusted book value per share data for the three months ended in Mar. 2024 was ₹13.652. 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 ₹6.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IB Infotech Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IB Infotech Enterprises'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.

IB Infotech Enterprises Cyclically Adjusted PB Ratio Chart

IB Infotech Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.22 16.68

IB Infotech Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - 10.22 14.02 - 16.68

Competitive Comparison of IB Infotech Enterprises's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, IB Infotech Enterprises'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.


IB Infotech Enterprises's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IB Infotech Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



IB Infotech Enterprises 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.

IB Infotech Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.00/6.97
=17.50

* 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.

IB Infotech Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, IB Infotech Enterprises'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)
=13.652/153.0345*153.0345
=13.652

Current CPI (Mar. 2024) = 153.0345.

IB Infotech Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201403 -1.089 91.425 -1.823
201406 0.000 94.103 0.000
201409 -2.494 96.780 -3.944
201412 0.000 96.780 0.000
201503 6.898 97.163 10.865
201506 0.000 99.841 0.000
201509 6.838 101.753 10.284
201512 0.000 102.901 0.000
201603 6.930 102.518 10.345
201606 0.000 105.961 0.000
201609 6.777 105.961 9.788
201612 0.000 105.196 0.000
201703 6.524 105.196 9.491
201706 0.000 107.109 0.000
201709 6.252 109.021 8.776
201712 0.000 109.404 0.000
201803 6.147 109.786 8.568
201806 0.000 111.317 0.000
201809 5.788 115.142 7.693
201812 0.000 115.142 0.000
201903 5.555 118.202 7.192
201906 0.000 120.880 0.000
201909 5.072 123.175 6.302
201912 0.000 126.235 0.000
202003 4.793 124.705 5.882
202006 0.000 127.000 0.000
202009 4.742 130.118 5.577
202012 0.000 130.889 0.000
202103 4.114 131.771 4.778
202106 0.000 134.084 0.000
202109 3.641 135.847 4.102
202112 0.000 138.161 0.000
202203 3.185 138.822 3.511
202206 0.000 142.347 0.000
202209 3.703 144.661 3.917
202212 0.000 145.763 0.000
202303 8.940 146.865 9.316
202309 11.955 151.492 12.077
202312 0.000 152.924 0.000
202403 13.652 153.035 13.652

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.


IB Infotech Enterprises  (BOM:519463) 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.


IB Infotech Enterprises Cyclically Adjusted PB Ratio Related Terms

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


IB Infotech Enterprises (BOM:519463) Business Description

Traded in Other Exchanges
N/A
Address
428, Kailash Plaza, Vallabh Baug Lane, Ghatkopar (East), Mumbai, MH, IND, 400075
IB Infotech Enterprises Ltd is engaged in the manufacture, promotion, development, implemention, trading or deal in all types of information technology related services, Electronics, Wireless application products, Telecommunications, Media, and Advertising. It also involved in Internet technology, IT-enabled services, and Data encryption. The company has operations located in India.

IB Infotech Enterprises (BOM:519463) Headlines

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