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American Metal & Technology (American Metal & Technology) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is American Metal & Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Metal & Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Metal & Technology'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.

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American Metal & Technology Cyclically Adjusted PB Ratio Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Cyclically Adjusted PB Ratio
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American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of American Metal & Technology's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, American Metal & Technology'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.


American Metal & Technology's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where American Metal & Technology's Cyclically Adjusted PB Ratio falls into.



American Metal & Technology 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.

American Metal & Technology's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2010 is calculated as:

For example, American Metal & Technology's adjusted Book Value per Share data for the three months ended in Sep. 2010 was:

Adj_Book=Book Value per Share/CPI of Sep. 2010 (Change)*Current CPI (Sep. 2010)
=1.474/87.2673*87.2673
=1.474

Current CPI (Sep. 2010) = 87.2673.

American Metal & Technology Quarterly Data

Book Value per Share CPI Adj_Book
200010 -3.156 70.778 -3.891
200101 -3.246 71.788 -3.946
200104 -3.182 71.571 -3.880
200107 -3.208 70.007 -3.999
200110 -3.236 70.920 -3.982
200201 -3.349 71.061 -4.113
200204 -2.861 70.696 -3.532
200207 -2.660 69.361 -3.347
200210 -3.038 70.405 -3.766
200301 -3.120 71.322 -3.818
200304 -3.186 71.389 -3.895
200307 -3.300 69.688 -4.132
200310 -3.413 71.657 -4.156
200401 -3.516 73.609 -4.168
200404 -3.631 74.051 -4.279
200407 -3.750 73.312 -4.464
200410 -3.871 74.637 -4.526
200501 -3.964 74.935 -4.616
200504 -3.924 75.370 -4.543
200507 -4.007 74.618 -4.686
200510 -4.080 75.591 -4.710
200601 -1.731 76.650 -1.971
200604 -0.949 76.492 -1.083
200607 -0.150 75.806 -0.173
200610 -1.037 76.490 -1.183
200701 -1.070 78.338 -1.192
200704 -0.844 78.805 -0.935
200709 1.130 81.276 1.213
200712 1.125 82.911 1.184
200803 1.270 85.485 1.296
200806 1.440 85.058 1.477
200809 1.521 85.057 1.561
200812 1.576 83.956 1.638
200903 1.566 84.457 1.618
200906 1.545 83.615 1.612
200909 1.529 84.369 1.582
200912 1.389 85.386 1.420
201003 1.380 86.316 1.395
201006 1.415 85.886 1.438
201009 1.474 87.267 1.474

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.


American Metal & Technology  (OTCPK:AMGY) 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.


American Metal & Technology Cyclically Adjusted PB Ratio Related Terms

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American Metal & Technology (American Metal & Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.

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