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Igoria Trade (WAR:IGT) Cyclically Adjusted PB Ratio : 1.33 (As of Jun. 10, 2024)


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What is Igoria Trade Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Igoria Trade's current share price is zł0.32. Igoria Trade's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.24. Igoria Trade's Cyclically Adjusted PB Ratio for today is 1.33.

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

WAR:IGT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.34   Max: 2.37
Current: 1.31

During the past years, Igoria Trade's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 0.96. And the median was 1.34.

WAR:IGT's Cyclically Adjusted PB Ratio is ranked worse than
53.23% of 588 companies
in the Capital Markets industry
Industry Median: 1.19 vs WAR:IGT: 1.31

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.

Igoria Trade's adjusted book value per share data for the three months ended in Mar. 2024 was zł0.262. 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 zł0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Igoria Trade Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Igoria Trade'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.

Igoria Trade Cyclically Adjusted PB Ratio Chart

Igoria Trade Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.68 1.44

Igoria Trade Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.44 1.10 1.05 1.69 1.49

Competitive Comparison of Igoria Trade's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Igoria Trade'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.


Igoria Trade's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Igoria Trade's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Igoria Trade 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.

Igoria Trade's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.32/0.24
=1.33

* 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.

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

For example, Igoria Trade'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)
=0.262/149.0435*149.0435
=0.262

Current CPI (Mar. 2024) = 149.0435.

Igoria Trade Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.079 101.262 0.116
201406 0.084 101.180 0.124
201409 0.116 100.611 0.172
201412 0.102 100.122 0.152
201503 0.114 100.041 0.170
201506 0.125 100.448 0.185
201509 0.122 99.634 0.183
201512 0.108 99.471 0.162
201603 0.110 98.983 0.166
201606 0.111 99.552 0.166
201609 0.109 99.064 0.164
201612 0.123 100.366 0.183
201703 0.155 101.018 0.229
201706 0.145 101.180 0.214
201709 0.129 101.343 0.190
201712 0.162 102.564 0.235
201803 0.162 102.564 0.235
201806 0.306 103.378 0.441
201809 0.299 103.378 0.431
201812 0.284 103.785 0.408
201903 0.276 104.274 0.395
201906 0.278 105.983 0.391
201909 0.267 105.983 0.375
201912 0.261 107.123 0.363
202003 0.252 109.076 0.344
202006 0.224 109.402 0.305
202009 0.204 109.320 0.278
202012 0.187 109.565 0.254
202103 0.176 112.658 0.233
202106 0.171 113.960 0.224
202109 0.168 115.588 0.217
202112 0.177 119.088 0.222
202203 0.184 125.031 0.219
202206 0.194 131.705 0.220
202209 0.209 135.531 0.230
202212 0.221 139.113 0.237
202303 0.160 145.950 0.163
202306 0.244 147.009 0.247
202309 0.241 146.113 0.246
202403 0.262 149.044 0.262

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.


Igoria Trade  (WAR:IGT) 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.


Igoria Trade Cyclically Adjusted PB Ratio Related Terms

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


Igoria Trade (WAR:IGT) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Pulawska 111A/109, Warszawa, POL, 02-707
Igoria Trade SA is a financial services company. The company provides international advisory, consulting and payment processing services to companies and individuals. Additionally, it offers services like transfers or Escrow account.