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Indra Sistemas (Indra Sistemas) Cyclically Adjusted PB Ratio : 5.32 (As of Jun. 01, 2024)


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What is Indra Sistemas Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Indra Sistemas's current share price is $17.23. Indra Sistemas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.24. Indra Sistemas's Cyclically Adjusted PB Ratio for today is 5.32.

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

ISMAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.94   Max: 4.36
Current: 4.36

During the past years, Indra Sistemas's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 1.08. And the median was 1.94.

ISMAF's Cyclically Adjusted PB Ratio is ranked worse than
70.16% of 1384 companies
in the Software industry
Industry Median: 2.545 vs ISMAF: 4.36

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 adjusted book value per share data for the three months ended in Dec. 2023 was $6.993. 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 $3.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indra Sistemas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indra Sistemas'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.

Indra Sistemas Cyclically Adjusted PB Ratio Chart

Indra Sistemas 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 2.03 1.48 2.00 2.22 2.93

Indra Sistemas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.22 2.59 2.40 2.84 2.93

Competitive Comparison of Indra Sistemas's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.23/3.24
=5.32

* 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.

Indra Sistemas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Indra Sistemas'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)
=6.993/121.2997*121.2997
=6.993

Current CPI (Dec. 2023) = 121.2997.

Indra Sistemas Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.657 100.139 11.698
201406 9.284 101.081 11.141
201409 8.904 100.441 10.753
201412 7.077 100.251 8.563
201503 5.933 99.474 7.235
201506 3.393 101.138 4.069
201509 2.586 99.559 3.151
201512 1.956 100.268 2.366
201603 2.110 98.638 2.595
201606 2.194 100.333 2.652
201609 2.357 99.737 2.867
201612 2.350 101.842 2.799
201703 2.552 100.896 3.068
201706 3.440 101.848 4.097
201709 3.941 101.524 4.709
201712 4.250 102.975 5.006
201803 4.002 102.122 4.754
201806 3.876 104.165 4.514
201809 3.958 103.818 4.624
201812 4.240 104.193 4.936
201903 4.363 103.488 5.114
201906 4.455 104.612 5.166
201909 4.470 103.905 5.218
201912 4.897 105.015 5.656
202003 4.693 103.469 5.502
202006 4.237 104.254 4.930
202009 4.642 103.521 5.439
202012 4.592 104.456 5.332
202103 4.692 104.857 5.428
202106 4.973 107.102 5.632
202109 5.219 107.669 5.880
202112 5.261 111.298 5.734
202203 5.537 115.153 5.833
202206 5.374 118.044 5.522
202209 5.361 117.221 5.548
202212 5.936 117.650 6.120
202303 6.258 118.948 6.382
202306 6.395 120.278 6.449
202309 6.615 121.343 6.613
202312 6.993 121.300 6.993

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.


Indra Sistemas  (OTCPK:ISMAF) 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.


Indra Sistemas Cyclically Adjusted PB Ratio Related Terms

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


Indra Sistemas (Indra Sistemas) Business Description

Industry
Traded in Other Exchanges
Address
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.

Indra Sistemas (Indra Sistemas) Headlines

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