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Nanoco Group (AQSE:NANO.GB) Cyclically Adjusted PB Ratio : 3.17 (As of May. 24, 2024)


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What is Nanoco Group Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Nanoco Group's current share price is £0.19. Nanoco Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 was £0.06. Nanoco Group's Cyclically Adjusted PB Ratio for today is 3.17.

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

AQSE:NANO.GB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 3.23   Max: 9.3
Current: 2.92

During the past 13 years, Nanoco Group's highest Cyclically Adjusted PB Ratio was 9.30. The lowest was 0.81. And the median was 3.23.

AQSE:NANO.GB's Cyclically Adjusted PB Ratio is ranked worse than
57.31% of 684 companies
in the Semiconductors industry
Industry Median: 2.53 vs AQSE:NANO.GB: 2.92

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.

Nanoco Group's adjusted book value per share data of for the fiscal year that ended in Jul23 was £0.051. 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 £0.06 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanoco Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nanoco Group'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.

Nanoco Group Cyclically Adjusted PB Ratio Chart

Nanoco Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 2.25 2.88 6.08 3.01

Nanoco Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 6.08 - 3.01 -

Competitive Comparison of Nanoco Group's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Nanoco Group'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.


Nanoco Group's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nanoco Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nanoco Group 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.

Nanoco Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.19/0.06
=3.17

* 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.

Nanoco Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Nanoco Group's adjusted Book Value per Share data for the fiscal year that ended in Jul23 was:

Adj_Book=Book Value per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.051/129.0000*129.0000
=0.051

Current CPI (Jul23) = 129.0000.

Nanoco Group Annual Data

Book Value per Share CPI Adj_Book
201407 0.078 99.600 0.101
201507 0.123 100.000 0.159
201607 0.079 100.900 0.101
201707 0.044 103.500 0.055
201807 0.044 105.900 0.054
201907 0.030 108.000 0.036
202007 0.023 109.200 0.027
202107 0.010 111.400 0.012
202207 0.014 121.200 0.015
202307 0.051 129.000 0.051

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.


Nanoco Group  (AQSE:NANO.GB) 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.


Nanoco Group Cyclically Adjusted PB Ratio Related Terms

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


Nanoco Group (AQSE:NANO.GB) Business Description

Traded in Other Exchanges
Address
The Heath Business & Technical Park, Heath Road South, Science Centre, Runcorn, GBR, WA7 4QE
Nanoco Group PLC is a UK-based company which is engaged in research, development, and manufacturing of heavy-metal-free quantum dots and semiconductor nanoparticles. Its products include cadmium-free quantum dots, CFQD quantum dot films, and nanoparticles which offer the potential for display, lighting, solar and biological imaging applications. The company's revenue comes from joint development agreements, individual project development programs and the sale of quantum dot products. Geographically, the company generates majority of its revenue from its business in South Korea and also has its presence in Taiwan, France, Holland, United Kingdom, Japan and other countries.

Nanoco Group (AQSE:NANO.GB) Headlines

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