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Indigo Books & Music (TSX:IDG) Cyclically Adjusted Book per Share : C$9.52 (As of Dec. 2023)


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What is Indigo Books & Music 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.

Indigo Books & Music's adjusted book value per share for the three months ended in Dec. 2023 was C$-2.209. 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 C$9.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Indigo Books & Music's average Cyclically Adjusted Book Growth Rate was -13.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Indigo Books & Music was 11.90% per year. The lowest was -6.60% per year. And the median was 4.75% per year.

As of today (2024-05-26), Indigo Books & Music's current stock price is C$2.48. Indigo Books & Music's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$9.52. Indigo Books & Music's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indigo Books & Music was 1.70. The lowest was 0.06. And the median was 0.90.


Indigo Books & Music Cyclically Adjusted Book per Share Historical Data

The historical data trend for Indigo Books & Music'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.

Indigo Books & Music Cyclically Adjusted Book per Share Chart

Indigo Books & Music Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.46 13.14 12.35 11.97 10.72

Indigo Books & Music Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.02 10.72 10.39 10.01 9.52

Competitive Comparison of Indigo Books & Music's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Indigo Books & Music'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.


Indigo Books & Music's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Indigo Books & Music's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indigo Books & Music's Cyclically Adjusted PB Ratio falls into.



Indigo Books & Music 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, Indigo Books & Music's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.209/125.0724*125.0724
=-2.209

Current CPI (Dec. 2023) = 125.0724.

Indigo Books & Music Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.320 98.604 15.627
201406 11.796 99.473 14.832
201409 11.440 99.394 14.395
201412 12.750 98.367 16.211
201503 12.204 99.789 15.296
201506 11.878 100.500 14.782
201509 11.794 100.421 14.689
201512 13.859 99.947 17.343
201603 13.398 101.054 16.583
201606 13.019 102.002 15.964
201609 12.971 101.765 15.942
201612 14.463 101.449 17.831
201703 14.131 102.634 17.220
201706 13.854 103.029 16.818
201709 13.625 103.345 16.490
201712 15.266 103.345 18.476
201803 15.085 105.004 17.968
201806 14.556 105.557 17.247
201809 13.709 105.636 16.231
201812 14.618 105.399 17.347
201903 13.639 106.979 15.946
201906 8.830 107.690 10.255
201909 8.119 107.611 9.436
201912 9.064 107.769 10.519
202003 3.080 107.927 3.569
202006 1.855 108.401 2.140
202009 1.182 108.164 1.367
202012 2.227 108.559 2.566
202103 0.828 110.298 0.939
202106 0.040 111.720 0.045
202109 0.247 112.905 0.274
202112 1.902 113.774 2.091
202203 1.017 117.646 1.081
202206 0.152 120.806 0.157
202209 -0.276 120.648 -0.286
202212 0.854 120.964 0.883
202303 -0.730 122.702 -0.744
202306 -1.764 124.203 -1.776
202309 -2.563 125.230 -2.560
202312 -2.209 125.072 -2.209

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


Indigo Books & Music  (TSX:IDG) 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.

Indigo Books & Music's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.48/9.52
=0.26

* 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 Indigo Books & Music was 1.70. The lowest was 0.06. And the median was 0.90.


Be Aware

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


Indigo Books & Music Cyclically Adjusted Book per Share Related Terms

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


Indigo Books & Music (TSX:IDG) Business Description

Traded in Other Exchanges
Address
620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6
Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

Indigo Books & Music (TSX:IDG) Headlines

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