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Intercure (Intercure) Cyclically Adjusted PB Ratio : 1.64 (As of Jun. 06, 2024)


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What is Intercure Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Intercure's current share price is $2.44. Intercure's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $1.49. Intercure's Cyclically Adjusted PB Ratio for today is 1.64.

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

INCR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.48   Max: 4.72
Current: 1.89

During the past years, Intercure's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 0.69. And the median was 1.48.

INCR's Cyclically Adjusted PB Ratio is ranked worse than
50.14% of 732 companies
in the Drug Manufacturers industry
Industry Median: 1.885 vs INCR: 1.89

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.

Intercure's adjusted book value per share data for the three months ended in Jun. 2023 was $2.997. 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 $1.49 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intercure Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intercure'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.

Intercure Cyclically Adjusted PB Ratio Chart

Intercure 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 - - - 2.43 -

Intercure Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 4.18 2.43 1.43 1.14 -

Competitive Comparison of Intercure's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Intercure'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.


Intercure's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Intercure's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Intercure 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.44/1.49
=1.64

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=2.997/128.7287*128.7287
=2.997

Current CPI (Jun. 2023) = 128.7287.

Intercure Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 97.633 0.000
201212 0.128 96.871 0.170
201303 0.265 98.209 0.347
201306 0.243 98.518 0.318
201309 0.273 98.790 0.356
201312 0.051 98.326 0.067
201403 0.570 99.695 0.736
201406 0.310 100.560 0.397
201409 0.026 100.428 0.033
201412 0.018 99.070 0.023
201503 0.369 99.621 0.477
201506 0.352 100.684 0.450
201509 0.320 100.392 0.410
201512 0.297 99.792 0.383
201603 0.355 100.470 0.455
201606 0.339 101.688 0.429
201609 0.258 101.861 0.326
201612 0.389 101.863 0.492
201706 0.316 103.349 0.394
201712 0.332 104.011 0.411
201806 0.250 106.317 0.303
201812 0.285 105.998 0.346
201903 0.000 107.251 0.000
201906 3.110 108.070 3.705
201909 0.000 108.329 0.000
201912 2.819 108.420 3.347
202003 2.335 108.902 2.760
202006 2.356 108.767 2.788
202009 2.627 109.815 3.079
202012 2.736 109.897 3.205
202103 2.789 111.754 3.213
202106 2.680 114.631 3.010
202109 2.701 115.734 3.004
202112 2.665 117.630 2.916
202203 2.747 121.301 2.915
202206 0.000 125.017 0.000
202209 2.887 125.227 2.968
202212 2.953 125.222 3.036
202303 2.963 127.348 2.995
202306 2.997 128.729 2.997

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.


Intercure  (NAS:INCR) 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.


Intercure Cyclically Adjusted PB Ratio Related Terms

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


Intercure (Intercure) Business Description

Traded in Other Exchanges
Address
85 Medinat ha-Yehudim Street, Herzliya, ISR, 4676670
Intercure Ltd is engaged in the research, cultivation, production, and distribution of pharma-grade cannabis-based products. The products are distributed to hospitals, pharmacies, research, and government organizations.