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Boxlight (Boxlight) Cyclically Adjusted PB Ratio : 0.18 (As of May. 22, 2024)


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What is Boxlight Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Boxlight's current share price is $0.741. Boxlight's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $4.03. Boxlight's Cyclically Adjusted PB Ratio for today is 0.18.

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

BOXL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.21   Max: 0.26
Current: 0.17

During the past 10 years, Boxlight's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.16. And the median was 0.21.

BOXL's Cyclically Adjusted PB Ratio is ranked better than
96.15% of 1868 companies
in the Hardware industry
Industry Median: 1.645 vs BOXL: 0.17

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.

Boxlight's adjusted book value per share data of for the fiscal year that ended in Dec23 was $1.726. 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 $4.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boxlight Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Boxlight'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.

Boxlight Cyclically Adjusted PB Ratio Chart

Boxlight 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 - - - - 0.27

Boxlight 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 - - - 0.27 -

Competitive Comparison of Boxlight's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Boxlight'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.


Boxlight's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Boxlight 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.

Boxlight's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.741/4.03
=0.18

* 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.

Boxlight's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Boxlight's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.726/129.4194*129.4194
=1.726

Current CPI (Dec23) = 129.4194.

Boxlight Annual Data

Book Value per Share CPI Adj_Book
201412 -0.951 99.070 -1.242
201512 0.056 99.792 0.073
201612 1.787 101.863 2.270
201712 7.574 104.011 9.424
201812 6.264 105.998 7.648
201912 -0.442 108.420 -0.528
202012 6.669 109.897 7.854
202112 6.681 117.630 7.351
202212 5.556 125.222 5.742
202312 1.726 129.419 1.726

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.


Boxlight  (NAS:BOXL) 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.


Boxlight Cyclically Adjusted PB Ratio Related Terms

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


Boxlight (Boxlight) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2750 Premiere Parkway No. 900, Duluth, GA, USA, 30097
Boxlight Corp is a technology company that develops, sells and services interactive solutions predominantly for the education market, but also for the corporate and government sectors. The company currently designs, produces and distributes interactive technologies including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras and other peripherals for the education market and non-interactive solutions including flat panels, LED video walls and digital signage. The company also distributes science, technology, engineering and math (or STEM) products, including 3D printing and robotics solutions, and a portable science lab.
Executives
Mark Starkey officer: President C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Shaun Marklew officer: Chief Technology Officer C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope director, officer: Chief Executive Officer 1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Greg Wiggins officer: Chief Financial Officer C/O BOXLIGHT CORPORATION, 2750 PREMIER PARKWAY, SUITE 900, DULUTH GA 30097
Henry Nance officer: Chief Operating Officer C/O BOXLIGHT CORPORATION, AT 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
James Mark Elliott director C/O BOXLIGHT CORP., 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Dale Strang director C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Patrick Foley officer: Chief Financial Officer C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Rudolph F. Crew director C/O BOXLIGHT CORP., 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Tiffany Kuo director C/O BOXLIGHT CORPORATION, AT 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Charles P. Amos director C/O BOXLIGHT CORPORATION, 1045 PROGRESS CRICLE, LAWRENCEVILLE GA 30043
Roger Wayne Jackson director 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
K Laser Technology Inc. 10 percent owner 1 LI HSIN RD. VI, SCIENCE-BASED INDUSTRIAL PARK, HSINCHU F5 300
Daniel Leis officer: Senior VP Marketing C/O BOXLIGHT CORPORATION, 1045 PROGRESS CRICLE, LAWRENCEVILLE GA 30043
James Lindsey Clark director 1819 DANFORTH DRIVE, MARIETTA GA 30062