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IDEX (BSP:I1EX34) Cyclically Adjusted PB Ratio : 6.79 (As of May. 22, 2024)


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What is IDEX Cyclically Adjusted PB Ratio?

As of today (2024-05-22), IDEX's current share price is R$56.22. IDEX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$8.28. IDEX's Cyclically Adjusted PB Ratio for today is 6.79.

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

BSP:I1EX34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 6.61   Max: 9.19
Current: 6.42

During the past years, IDEX's highest Cyclically Adjusted PB Ratio was 9.19. The lowest was 3.46. And the median was 6.61.

BSP:I1EX34's Cyclically Adjusted PB Ratio is ranked worse than
89.33% of 2072 companies
in the Industrial Products industry
Industry Median: 1.84 vs BSP:I1EX34: 6.42

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.

IDEX's adjusted book value per share data for the three months ended in Mar. 2024 was R$11.870. 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 R$8.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IDEX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IDEX'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.

IDEX Cyclically Adjusted PB Ratio Chart

IDEX 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 7.70 8.35 8.78 7.59 6.56

IDEX 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 7.44 6.75 6.36 6.56 7.13

Competitive Comparison of IDEX's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IDEX's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



IDEX 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.

IDEX's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.22/8.28
=6.79

* 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.

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

For example, IDEX'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)
=11.87/131.7762*131.7762
=11.870

Current CPI (Mar. 2024) = 131.7762.

IDEX Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.261 100.560 2.963
201409 2.332 100.428 3.060
201412 2.493 99.070 3.316
201503 2.912 99.621 3.852
201506 2.913 100.684 3.813
201509 3.629 100.392 4.764
201512 3.659 99.792 4.832
201603 3.626 100.470 4.756
201606 3.363 101.688 4.358
201609 3.315 101.861 4.289
201612 3.387 101.863 4.382
201703 3.353 102.862 4.296
201706 3.713 103.349 4.734
201709 3.699 104.136 4.681
201712 4.053 104.011 5.135
201803 4.301 105.290 5.383
201806 4.881 106.317 6.050
201809 5.508 106.507 6.815
201812 5.099 105.998 6.339
201903 5.214 107.251 6.406
201906 5.369 108.070 6.547
201909 5.859 108.329 7.127
201912 6.104 108.420 7.419
202003 7.233 108.902 8.752
202006 7.772 108.767 9.416
202009 8.552 109.815 10.262
202012 8.602 109.897 10.315
202103 9.671 111.754 11.404
202106 8.830 114.631 10.151
202109 9.451 115.734 10.761
202112 10.402 117.630 11.653
202203 9.479 121.301 10.298
202206 9.300 125.017 9.803
202209 9.729 125.227 10.238
202212 10.542 125.222 11.094
202303 11.112 127.348 11.498
202306 10.510 128.729 10.759
202309 11.060 129.860 11.223
202312 11.457 129.419 11.666
202403 11.870 131.776 11.870

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.


IDEX  (BSP:I1EX34) 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.


IDEX Cyclically Adjusted PB Ratio Related Terms

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


IDEX (BSP:I1EX34) Business Description

Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.

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