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Intershop Communications AG (XTER:ISHA) Cyclically Adjusted PB Ratio : 1.29 (As of Jun. 08, 2024)


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What is Intershop Communications AG Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Intershop Communications AG's current share price is €2.02. Intershop Communications AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.57. Intershop Communications AG's Cyclically Adjusted PB Ratio for today is 1.29.

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

XTER:ISHA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.84   Max: 3.4
Current: 1.29

During the past years, Intershop Communications AG's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 0.89. And the median was 1.84.

XTER:ISHA's Cyclically Adjusted PB Ratio is ranked better than
72.54% of 1420 companies
in the Software industry
Industry Median: 2.54 vs XTER:ISHA: 1.29

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.

Intershop Communications AG's adjusted book value per share data for the three months ended in Mar. 2024 was €0.769. 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 €1.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intershop Communications AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intershop Communications AG'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.

Intershop Communications AG Cyclically Adjusted PB Ratio Chart

Intershop Communications AG 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 1.44 1.64 2.21 1.47 1.31

Intershop Communications AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.34 1.24 0.92 1.31 1.07

Competitive Comparison of Intershop Communications AG's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Intershop Communications AG'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.


Intershop Communications AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Intershop Communications AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Intershop Communications AG 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.

Intershop Communications AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.02/1.57
=1.29

* 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.

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

For example, Intershop Communications AG'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)
=0.769/125.0381*125.0381
=0.769

Current CPI (Mar. 2024) = 125.0381.

Intershop Communications AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.927 99.543 2.421
201409 1.852 99.823 2.320
201412 1.706 99.543 2.143
201503 1.660 99.717 2.082
201506 1.640 100.417 2.042
201509 1.741 100.417 2.168
201512 1.764 99.717 2.212
201603 1.626 100.017 2.033
201606 1.618 100.717 2.009
201609 1.547 101.017 1.915
201612 1.484 101.217 1.833
201703 1.496 101.417 1.844
201706 1.484 102.117 1.817
201709 1.478 102.717 1.799
201712 1.417 102.617 1.727
201803 1.337 102.917 1.624
201806 1.534 104.017 1.844
201809 1.383 104.718 1.651
201812 1.147 104.217 1.376
201903 1.256 104.217 1.507
201906 1.416 105.718 1.675
201909 1.235 106.018 1.457
201912 1.108 105.818 1.309
202003 1.114 105.718 1.318
202006 1.131 106.618 1.326
202009 1.138 105.818 1.345
202012 1.165 105.518 1.381
202103 1.185 107.518 1.378
202106 1.218 108.486 1.404
202109 1.220 109.435 1.394
202112 1.226 110.384 1.389
202203 1.210 113.968 1.328
202206 1.155 115.760 1.248
202209 1.112 118.818 1.170
202212 0.976 119.345 1.023
202303 0.932 122.402 0.952
202306 0.924 123.140 0.938
202309 0.871 124.195 0.877
202312 0.780 123.773 0.788
202403 0.769 125.038 0.769

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.


Intershop Communications AG  (XTER:ISHA) 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.


Intershop Communications AG Cyclically Adjusted PB Ratio Related Terms

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


Intershop Communications AG (XTER:ISHA) Business Description

Traded in Other Exchanges
Address
Steinweg 10, Jena, DEU, 07743
Intershop Communications AG is a provider of omnichannel commerce solutions. It offers packaged software for internet sales. The company also acts as a business process outsourcing provider. Its services include professional services, full-service e-commerce, and training. The business of the company operates through geographical segments that include Asia-Pacific, Europe, and the United States of America. Its Europe segment generates maximum revenue for the company. Intershop's business activities are divided into the two main business segments Software and Cloud and Service.
Executives
Univ.-prof. Dr. Louis Velthuis Supervisory Board
Petra Stappenbeck Board of Directors
Markus Klahn Board of Directors

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