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Indus Holding AG (XTER:INH) Cyclically Adjusted Book per Share : €31.27 (As of Mar. 2024)


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What is Indus Holding AG 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.

Indus Holding AG's adjusted book value per share for the three months ended in Mar. 2024 was €27.202. 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 €31.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indus Holding AG's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Indus Holding AG was 7.60% per year. The lowest was 6.30% per year. And the median was 7.50% per year.

As of today (2024-06-07), Indus Holding AG's current stock price is €26.20. Indus Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €31.27. Indus Holding AG's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indus Holding AG was 2.35. The lowest was 0.59. And the median was 1.20.


Indus Holding AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Indus Holding AG'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.

Indus Holding AG Cyclically Adjusted Book per Share Chart

Indus Holding AG 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 23.90 24.85 26.96 29.68 30.95

Indus Holding 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 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 30.50 30.74 31.05 30.95 31.27

Competitive Comparison of Indus Holding AG's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Indus Holding 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.


Indus Holding AG's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Indus Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indus Holding AG 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, Indus Holding 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)
=27.202/125.0381*125.0381
=27.202

Current CPI (Mar. 2024) = 125.0381.

Indus Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.972 99.543 26.343
201409 21.682 99.823 27.159
201412 22.409 99.543 28.149
201503 23.217 99.717 29.113
201506 22.928 100.417 28.550
201509 23.524 100.417 29.292
201512 24.244 99.717 30.400
201603 24.748 100.017 30.939
201606 24.316 100.717 30.188
201609 25.063 101.017 31.023
201612 26.255 101.217 32.434
201703 27.036 101.417 33.333
201706 26.389 102.117 32.312
201709 27.090 102.717 32.977
201712 27.440 102.617 33.435
201803 28.293 102.917 34.374
201806 27.733 104.017 33.338
201809 28.646 104.718 34.205
201812 28.921 104.217 34.699
201903 29.704 104.217 35.638
201906 28.805 105.718 34.069
201909 29.373 106.018 34.643
201912 29.689 105.818 35.082
202003 30.006 105.718 35.490
202006 27.950 106.618 32.779
202009 27.239 105.818 32.187
202012 27.619 105.518 32.728
202103 28.786 107.518 33.477
202106 28.224 108.486 32.530
202109 28.689 109.435 32.780
202112 29.210 110.384 33.088
202203 29.766 113.968 32.657
202206 29.751 115.760 32.135
202209 28.225 118.818 29.703
202212 25.757 119.345 26.986
202303 25.923 122.402 26.481
202306 25.277 123.140 25.667
202309 26.188 124.195 26.366
202312 26.693 123.773 26.966
202403 27.202 125.038 27.202

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


Indus Holding AG  (XTER:INH) 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.

Indus Holding AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.20/31.27
=0.84

* 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 Indus Holding AG was 2.35. The lowest was 0.59. And the median was 1.20.


Be Aware

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


Indus Holding AG Cyclically Adjusted Book per Share Related Terms

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


Indus Holding AG (XTER:INH) Business Description

Industry
Traded in Other Exchanges
Address
Kolner Strasse 32, Bergisch Gladbach, NW, DEU, 51429
Indus Holding AG is a holding company investing in small and midsize enterprises in German-speaking regions. The company primarily focuses on owner-managed companies with a strong presence in niche markets. Investments span from construction and infrastructure, automotive technology, engineering, medical engineering, and life sciences, to metals technology.
Executives
Dr. Jürgen Allerkamp Supervisory Board
Jürgen Abromeit Supervisory Board

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