GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AquaBounty Technologies Inc (NAS:AQB) » Definitions » Cyclically Adjusted PB Ratio

AquaBounty Technologies (AquaBounty Technologies) Cyclically Adjusted PB Ratio : 0.05 (As of May. 15, 2024)


View and export this data going back to 2017. Start your Free Trial

What is AquaBounty Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-15), AquaBounty Technologies's current share price is $1.9951. AquaBounty Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $37.31. AquaBounty Technologies's Cyclically Adjusted PB Ratio for today is 0.05.

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

AQB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.23   Max: 0.99
Current: 0.05

During the past years, AquaBounty Technologies's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.05. And the median was 0.23.

AQB's Cyclically Adjusted PB Ratio is ranked better than
98.64% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs AQB: 0.05

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.

AquaBounty Technologies's adjusted book value per share data for the three months ended in Dec. 2023 was $42.895. 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 $37.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AquaBounty Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AquaBounty Technologies'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.

AquaBounty Technologies Cyclically Adjusted PB Ratio Chart

AquaBounty Technologies 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 - - - 0.45 0.08

AquaBounty Technologies 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 0.45 0.34 0.20 0.13 0.08

Competitive Comparison of AquaBounty Technologies's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, AquaBounty Technologies'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.


AquaBounty Technologies's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AquaBounty Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AquaBounty Technologies 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.

AquaBounty Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.9951/37.31
=0.05

* 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.

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

For example, AquaBounty Technologies'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)
=42.895/129.4194*129.4194
=42.895

Current CPI (Dec. 2023) = 129.4194.

AquaBounty Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 96.819 0.000
201212 -0.008 96.871 -0.011
201306 0.023 98.518 0.030
201312 0.004 98.326 0.005
201406 0.048 100.560 0.062
201412 0.024 99.070 0.031
201506 0.020 100.684 0.026
201512 -0.011 99.792 -0.014
201603 0.000 100.470 0.000
201606 -0.747 101.688 -0.951
201609 0.000 101.861 0.000
201612 0.314 101.863 0.399
201703 56.182 102.862 70.687
201706 51.609 103.349 64.628
201709 46.269 104.136 57.503
201712 40.429 104.011 50.305
201803 41.551 105.290 51.074
201806 37.514 106.317 45.666
201809 33.512 106.507 40.721
201812 30.776 105.998 37.576
201903 29.477 107.251 35.570
201906 27.518 108.070 32.954
201909 24.883 108.329 29.727
201912 21.965 108.420 26.219
202003 21.814 108.902 25.924
202006 19.798 108.767 23.557
202009 26.062 109.815 30.715
202012 41.398 109.897 48.752
202103 65.267 111.754 75.584
202106 63.837 114.631 72.072
202109 61.892 115.734 69.210
202112 60.204 117.630 66.238
202203 58.746 121.301 62.678
202206 57.210 125.017 59.225
202209 55.634 125.227 57.497
202212 53.978 125.222 55.787
202303 52.043 127.348 52.890
202306 50.275 128.729 50.545
202309 45.022 129.860 44.869
202312 42.895 129.419 42.895

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.


AquaBounty Technologies  (NAS:AQB) 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.


AquaBounty Technologies Cyclically Adjusted PB Ratio Related Terms

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


AquaBounty Technologies (AquaBounty Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.
Executives
Melbourne David Francis Jr officer: President 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers director 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare director 405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp director THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern director 800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez director 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf director, officer: CEO & Director 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski director 1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk 10 percent owner 1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen officer: General Counsel & Corp Sec C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber director 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr director TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher director 1881 GROVE AVENUE, RADFORD VA 24141

AquaBounty Technologies (AquaBounty Technologies) Headlines

From GuruFocus