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Indus Holding AG (XTER:INH) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 01, 2024)


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What is Indus Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Indus Holding AG's current share price is €26.95. 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 for today is 0.86.

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

XTER:INH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.2   Max: 2.35
Current: 0.86

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

XTER:INH's Cyclically Adjusted PB Ratio is ranked better than
56.7% of 448 companies
in the Conglomerates industry
Industry Median: 1.005 vs XTER:INH: 0.86

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indus Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indus Holding AG'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.

Indus Holding AG Cyclically Adjusted PB Ratio Chart

Indus Holding AG 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 1.63 1.29 1.21 0.74 0.72

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 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 0.82 0.84 0.65 0.72 0.85

Competitive Comparison of Indus Holding AG's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.95/31.27
=0.86

* 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.

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

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.

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.


Indus Holding AG  (XTER:INH) 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.


Indus Holding AG Cyclically Adjusted PB Ratio Related Terms

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


Indus Holding AG (XTER:INH) Business Description

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

Indus Holding AG (XTER:INH) Headlines

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