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Ether Capital (Ether Capital) Cyclically Adjusted PB Ratio : 3.38 (As of Jun. 13, 2024)


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What is Ether Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Ether Capital's current share price is $4.562. Ether Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.35. Ether Capital's Cyclically Adjusted PB Ratio for today is 3.38.

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

DTSRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.04   Max: 3.48
Current: 3.48

During the past years, Ether Capital's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 0.08. And the median was 1.04.

DTSRF's Cyclically Adjusted PB Ratio is ranked worse than
91.75% of 957 companies
in the Asset Management industry
Industry Median: 0.79 vs DTSRF: 3.48

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.

Ether Capital's adjusted book value per share data for the three months ended in Mar. 2024 was $4.688. 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 $1.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ether Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ether Capital'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.

Ether Capital Cyclically Adjusted PB Ratio Chart

Ether Capital 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 - 1.21 1.87 0.81 1.65

Ether Capital 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 1.00 1.05 0.98 1.65 2.07

Competitive Comparison of Ether Capital's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Ether Capital'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.


Ether Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ether Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ether Capital 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.

Ether Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.562/1.35
=3.38

* 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.

Ether Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ether Capital's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.688/126.2576*126.2576
=4.688

Current CPI (Mar. 2024) = 126.2576.

Ether Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.724 99.473 3.457
201409 2.411 99.394 3.063
201412 -0.055 98.367 -0.071
201503 -0.129 99.789 -0.163
201506 0.128 100.500 0.161
201509 0.030 100.421 0.038
201512 0.104 99.947 0.131
201603 0.063 101.054 0.079
201606 0.003 102.002 0.004
201609 -0.048 101.765 -0.060
201612 -0.089 101.449 -0.111
201703 0.014 102.634 0.017
201706 0.022 103.029 0.027
201709 0.016 103.345 0.020
201712 0.007 103.345 0.009
201803 -0.001 105.004 -0.001
201806 2.198 105.557 2.629
201809 1.140 105.636 1.363
201812 0.296 105.399 0.355
201903 0.327 106.979 0.386
201906 0.569 107.690 0.667
201909 0.364 107.611 0.427
201912 0.298 107.769 0.349
202003 0.292 107.927 0.342
202006 0.420 108.401 0.489
202009 0.609 108.164 0.711
202012 1.087 108.559 1.264
202103 2.672 110.298 3.059
202106 3.214 111.720 3.632
202109 4.141 112.905 4.631
202112 4.716 113.774 5.233
202203 4.533 117.646 4.865
202206 1.540 120.806 1.609
202209 1.963 120.648 2.054
202212 1.649 120.964 1.721
202303 2.288 122.702 2.354
202306 2.564 124.203 2.606
202309 2.279 125.230 2.298
202312 2.996 125.072 3.024
202403 4.688 126.258 4.688

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.


Ether Capital  (OTCPK:DTSRF) 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.


Ether Capital Cyclically Adjusted PB Ratio Related Terms

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


Ether Capital (Ether Capital) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 3100, 31st Floor, Toronto, ON, CAN, M5H 3P5
Ether Capital Corp is a Canada based technology company focused on becoming the central business and investment hub for the Ethereum ecosystem. Its portfolio includes Ether which is the native Ethereum crypto-asset and is the commodity-like fuel used to access the Ethereum network and broadcast transactions; MakerDao which is a decentralized credit platform built on Ethereum in which collateral is leveraged to produce a stable coin; and Wyre which is a cryptocurrency exchange and technology platform based in San Francisco that is focused on building compliant fiat-to-crypto on and off ramps.

Ether Capital (Ether Capital) Headlines