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Indra Sistemas (FRA:IDA) Cyclically Adjusted Book per Share : €4.79 (As of Mar. 2024)


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What is Indra Sistemas Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Indra Sistemas's adjusted book value per share for the three months ended in Mar. 2024 was €6.708. 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 €4.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indra Sistemas's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Indra Sistemas was 0.30% per year. The lowest was -2.90% per year. And the median was -1.80% per year.

As of today (2024-06-08), Indra Sistemas's current stock price is €21.90. Indra Sistemas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.79. Indra Sistemas's Cyclically Adjusted PB Ratio of today is 4.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indra Sistemas was 4.51. The lowest was 1.08. And the median was 1.94.


Indra Sistemas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Indra Sistemas's Cyclically Adjusted Book per Share 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.

Indra Sistemas Cyclically Adjusted Book per Share Chart

Indra Sistemas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 4.70 4.75 4.79 4.78

Indra Sistemas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 4.86 4.84 4.83 4.78 4.79

Competitive Comparison of Indra Sistemas's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Indra Sistemas'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.


Indra Sistemas's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Indra Sistemas Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Indra Sistemas'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)
=6.708/122.7621*122.7621
=6.708

Current CPI (Mar. 2024) = 122.7621.

Indra Sistemas Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.833 101.081 8.299
201409 6.909 100.441 8.444
201412 5.740 100.251 7.029
201503 5.482 99.474 6.765
201506 3.023 101.138 3.669
201509 2.304 99.559 2.841
201512 1.795 100.268 2.198
201603 1.895 98.638 2.358
201606 1.952 100.333 2.388
201609 2.100 99.737 2.585
201612 2.228 101.842 2.686
201703 2.386 100.896 2.903
201706 3.062 101.848 3.691
201709 3.307 101.524 3.999
201712 3.591 102.975 4.281
201803 3.246 102.122 3.902
201806 3.318 104.165 3.910
201809 3.392 103.818 4.011
201812 3.727 104.193 4.391
201903 3.861 103.488 4.580
201906 3.943 104.612 4.627
201909 4.059 103.905 4.796
201912 4.407 105.015 5.152
202003 4.247 103.469 5.039
202006 3.762 104.254 4.430
202009 3.941 103.521 4.674
202012 3.775 104.456 4.437
202103 3.942 104.857 4.615
202106 4.128 107.102 4.732
202109 4.436 107.669 5.058
202112 4.656 111.298 5.136
202203 5.027 115.153 5.359
202206 5.084 118.044 5.287
202209 5.415 117.221 5.671
202212 5.603 117.650 5.846
202303 5.845 118.948 6.032
202306 5.903 120.278 6.025
202309 6.198 121.343 6.271
202312 6.413 121.300 6.490
202403 6.708 122.762 6.708

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Indra Sistemas  (FRA:IDA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Indra Sistemas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.90/4.79
=4.57

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indra Sistemas was 4.51. The lowest was 1.08. And the median was 1.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Indra Sistemas Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Indra Sistemas's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Indra Sistemas (FRA:IDA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Indra Sistemas SA (FRA:IDA) » Definitions » Cyclically Adjusted Book per Share
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Avenida de Bruselas, 35, Alcobendas, Madrid, ESP, 28108
Indra Sistemas SA is a Spain-based provider of information technology offerings for finance, insurance, public administration, airports, defense, healthcare, media, telecom, security, energy, and infrastructure end markets. Its product capabilities include analytics, cloud computing, enterprise resource planning, networks and communications, electoral processes, bus technology, subway technology, and sustainability solutions. The firm generates revenue in Europe, Africa, the Middle East, the Americas, and Asia-Pacific.