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Evertz Technologies (Evertz Technologies) Cyclically Adjusted PB Ratio : 2.68 (As of May. 02, 2024)


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What is Evertz Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-02), Evertz Technologies's current share price is $9.95. Evertz Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $3.71. Evertz Technologies's Cyclically Adjusted PB Ratio for today is 2.68.

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

EVTZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3.14   Max: 4.34
Current: 2.83

During the past years, Evertz Technologies's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 2.08. And the median was 3.14.

EVTZF's Cyclically Adjusted PB Ratio is ranked worse than
71.01% of 1849 companies
in the Hardware industry
Industry Median: 1.62 vs EVTZF: 2.83

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.

Evertz Technologies's adjusted book value per share data for the three months ended in Jan. 2024 was $2.548. 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 $3.71 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evertz Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Evertz 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.

Evertz Technologies Cyclically Adjusted PB Ratio Chart

Evertz Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 2.96 3.03 2.74 2.38

Evertz Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 2.50 2.38 2.75 2.59 2.98

Competitive Comparison of Evertz Technologies's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Evertz 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.


Evertz Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Evertz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.95/3.71
=2.68

* 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.

Evertz Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Evertz Technologies's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.548/125.4675*125.4675
=2.548

Current CPI (Jan. 2024) = 125.4675.

Evertz Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201404 4.083 98.920 5.179
201407 4.279 99.315 5.406
201410 4.140 99.473 5.222
201501 3.947 98.209 5.043
201504 3.848 99.710 4.842
201507 3.802 100.579 4.743
201510 3.755 100.500 4.688
201601 3.554 100.184 4.451
201604 3.851 101.370 4.766
201607 3.824 101.844 4.711
201610 3.909 102.002 4.808
201701 3.086 102.318 3.784
201704 3.123 103.029 3.803
201707 3.324 103.029 4.048
201710 3.412 103.424 4.139
201801 3.518 104.056 4.242
201804 3.381 105.320 4.028
201807 3.304 106.110 3.907
201810 3.405 105.952 4.032
201901 3.411 105.557 4.054
201904 3.448 107.453 4.026
201907 3.491 108.243 4.047
201910 2.898 107.927 3.369
202001 2.954 108.085 3.429
202004 2.747 107.216 3.215
202007 2.814 108.401 3.257
202010 2.999 108.638 3.464
202101 3.077 109.192 3.536
202104 3.071 110.851 3.476
202107 3.090 112.431 3.448
202110 2.332 113.695 2.573
202201 2.389 114.801 2.611
202204 2.399 118.357 2.543
202207 2.334 120.964 2.421
202210 2.229 121.517 2.301
202301 2.301 121.596 2.374
202304 2.368 123.571 2.404
202307 2.432 124.914 2.443
202310 2.443 125.310 2.446
202401 2.548 125.468 2.548

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.


Evertz Technologies  (OTCPK:EVTZF) 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.


Evertz Technologies Cyclically Adjusted PB Ratio Related Terms

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


Evertz Technologies (Evertz Technologies) Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

Evertz Technologies (Evertz Technologies) Headlines

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