GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » InnerWorkings Inc (NAS:INWK) » Definitions » Cyclically Adjusted PB Ratio

InnerWorkings (InnerWorkings) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


View and export this data going back to 2006. Start your Free Trial

What is InnerWorkings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


InnerWorkings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for InnerWorkings'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.

InnerWorkings Cyclically Adjusted PB Ratio Chart

InnerWorkings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

InnerWorkings Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 - - - - -

Competitive Comparison of InnerWorkings's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, InnerWorkings'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.


InnerWorkings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InnerWorkings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



InnerWorkings 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.

InnerWorkings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, InnerWorkings's adjusted Book Value per Share data for the three months ended in Jun. 2020 was:

Adj_Book=Book Value per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=3.143/108.7673*108.7673
=3.143

Current CPI (Jun. 2020) = 108.7673.

InnerWorkings Quarterly Data

Book Value per Share CPI Adj_Book
201009 3.408 92.162 4.022
201012 3.475 92.474 4.087
201103 3.543 94.283 4.087
201106 3.623 95.235 4.138
201109 3.714 95.727 4.220
201112 3.938 95.213 4.499
201203 4.086 96.783 4.592
201206 4.125 96.819 4.634
201209 4.293 97.633 4.783
201212 4.840 96.871 5.434
201303 4.495 98.209 4.978
201306 4.537 98.518 5.009
201309 4.725 98.790 5.202
201312 4.786 98.326 5.294
201403 4.812 99.695 5.250
201406 4.878 100.560 5.276
201409 4.964 100.428 5.376
201412 5.606 99.070 6.155
201503 5.525 99.621 6.032
201506 5.579 100.684 6.027
201509 5.648 100.392 6.119
201512 4.786 99.792 5.216
201603 4.830 100.470 5.229
201606 4.677 101.688 5.003
201609 4.795 101.861 5.120
201612 4.847 101.863 5.176
201703 5.033 102.862 5.322
201706 5.151 103.349 5.421
201709 5.409 104.136 5.650
201712 5.264 104.011 5.505
201803 5.262 105.290 5.436
201806 4.988 106.317 5.103
201809 4.095 106.507 4.182
201812 3.493 105.998 3.584
201903 3.516 107.251 3.566
201906 3.517 108.070 3.540
201909 3.463 108.329 3.477
201912 3.419 108.420 3.430
202003 3.297 108.902 3.293
202006 3.143 108.767 3.143

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.


InnerWorkings  (NAS:INWK) 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.


InnerWorkings Cyclically Adjusted PB Ratio Related Terms

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


InnerWorkings (InnerWorkings) Business Description

Traded in Other Exchanges
N/A
Address
203 North LaSalle Street, Suite 1800, Chicago, IL, USA, 60601
InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.
Executives
Richard S Stoddart director, officer: President and CEO C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Adan Pope officer: Chief Technology Officer 203 NORTH LASALLE CHICAGO IL 60601
Renae Chorzempa officer: Chief Human Resources Officer C/O INNERWORKINGS, INC. 600 WEST CHICAGO AVENUE CHICAGO IL 60654
Oren B. Azar officer: EVP and General Counsel 600 WEST CHICAGO AVE #850 CHICAGO IL 60654
Marc Zenner director 1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Ronald Provenzano officer: Head of Operations C/O INNERWORKINGS, INC. 600 W. CHICAGO AVE. #850 CHICAGO IL 60654
Lindsay Y Corby director 180 NORTH LASALLE STREET, SUITE 300, CHICAGO IL 60601
Charles K Bobrinskoy director C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Donald W Pearson officer: Executive VP and CFO 425 N. MARTINGALE ROAD SUITE 2050 SCHAUMBURG IL 60173-2213
John Bosshart officer: Chief Accounting Officer 500 W. MADISON STREET, #1000, CHICAGO IL 60661
David Fisher director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Julie Howard director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Adam J Gutstein director 875 N. MICHIGAN AVE. STE 3000 CHICAGO IL 60611
Jack M Greenberg director 333 WEST WACKER DR, CHICAGO IL 60606
Kirt P Karros director 12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130

InnerWorkings (InnerWorkings) Headlines

From GuruFocus

InnerWorkings Reports Preliminary Select First Quarter Results

By Business Wire Business Wire 05-14-2020

InnerWorkings Stockholders Approve Merger With HH Global

By Business Wire Business Wire 09-25-2020