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Avistar Communications (Avistar Communications) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Avistar Communications Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avistar Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avistar Communications'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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Avistar Communications Cyclically Adjusted PB Ratio Chart

Avistar Communications Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
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Avistar Communications Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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Competitive Comparison of Avistar Communications's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Avistar Communications'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.


Avistar Communications's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avistar Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Avistar Communications 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.

Avistar Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2012 is calculated as:

For example, Avistar Communications's adjusted Book Value per Share data for the three months ended in Mar. 2012 was:

Adj_Book=Book Value per Share/CPI of Mar. 2012 (Change)*Current CPI (Mar. 2012)
=-0.344/96.7829*96.7829
=-0.344

Current CPI (Mar. 2012) = 96.7829.

Avistar Communications Quarterly Data

Book Value per Share CPI Adj_Book
200206 0.457 75.902 0.583
200209 0.393 76.366 0.498
200212 0.314 76.324 0.398
200303 0.211 77.716 0.263
200306 0.116 77.505 0.145
200309 0.067 78.138 0.083
200312 0.182 77.758 0.227
200403 0.212 79.066 0.260
200406 0.145 80.037 0.175
200409 0.078 80.121 0.094
200412 0.015 80.290 0.018
200503 0.006 81.555 0.007
200506 -0.024 82.062 -0.028
200509 -0.063 83.876 -0.073
200512 -0.119 83.032 -0.139
200603 -0.188 84.298 -0.216
200606 -0.280 85.606 -0.317
200609 -0.207 85.606 -0.234
200612 -0.282 85.142 -0.321
200703 -0.131 86.640 -0.146
200706 -0.102 87.906 -0.112
200709 -0.200 87.964 -0.220
200712 -0.285 88.616 -0.311
200803 -0.388 90.090 -0.417
200806 -0.428 92.320 -0.449
200809 -0.433 92.307 -0.454
200812 -0.423 88.697 -0.462
200903 -0.414 89.744 -0.446
200906 -0.285 91.003 -0.303
200909 -0.322 91.120 -0.342
200912 -0.349 91.111 -0.371
201003 -0.076 91.821 -0.080
201006 -0.129 91.962 -0.136
201009 -0.155 92.162 -0.163
201012 -0.201 92.474 -0.210
201103 -0.253 94.283 -0.260
201106 -0.298 95.235 -0.303
201109 -0.269 95.727 -0.272
201112 -0.318 95.213 -0.323
201203 -0.344 96.783 -0.344

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.


Avistar Communications  (OTCPK:AVSR) 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.


Avistar Communications Cyclically Adjusted PB Ratio Related Terms

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Avistar Communications (Avistar Communications) Business Description

Traded in Other Exchanges
N/A
Address
1855 South Grant Street, 4th Floor, San Mateo, CA, USA, 94402
Avistar Communications Corp creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face, through enhanced communications for the true collaboration anytime, anyplace. The company's solutions include Bandwidth Management, CEBP, Firewall Traversal and Enterprise Endpoints. Its products include Avistar C3 Communicator, Avistar C3 Conference, Avistar C3 Command, Avistar C3 Call Control and Avistar C3 Media Engine.
Executives
R Stephen Heinrichs director, 10 percent owner 141 CASPIAN COURT, SUNNYVALE CA 94089
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Phlcorp Holding Llc 10 percent owner 529 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Baldwin Enterprises, Inc. 10 percent owner 529 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Robert P Latta director 650 PAGE MILL ROAD, PALO ALTO CA 94304

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