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Evertz Technologies (FRA:74E) Cyclically Adjusted PB Ratio : 2.97 (As of Jun. 05, 2024)


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What is Evertz Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Evertz Technologies's current share price is €9.85. Evertz Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €3.32. Evertz Technologies's Cyclically Adjusted PB Ratio for today is 2.97.

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

FRA:74E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3.14   Max: 4.34
Current: 3.08

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.

FRA:74E's Cyclically Adjusted PB Ratio is ranked worse than
73.32% of 1893 companies
in the Hardware industry
Industry Median: 1.68 vs FRA:74E: 3.08

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 €2.339. 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 €3.32 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 2.99

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
=9.85/3.32
=2.97

* 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)
=2.339/125.0724*125.0724
=2.339

Current CPI (Jan. 2024) = 125.0724.

Evertz Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201404 2.956 98.920 3.737
201407 3.162 99.315 3.982
201410 3.266 99.473 4.106
201501 3.399 98.209 4.329
201504 3.555 99.710 4.459
201507 3.456 100.579 4.298
201510 3.345 100.500 4.163
201601 3.274 100.184 4.087
201604 3.393 101.370 4.186
201607 3.460 101.844 4.249
201610 3.550 102.002 4.353
201701 2.901 102.318 3.546
201704 2.914 103.029 3.537
201707 2.882 103.029 3.499
201710 2.903 103.424 3.511
201801 2.884 104.056 3.466
201804 2.755 105.320 3.272
201807 2.828 106.110 3.333
201810 2.962 105.952 3.497
201901 2.988 105.557 3.540
201904 3.069 107.453 3.572
201907 3.114 108.243 3.598
201910 2.620 107.927 3.036
202001 2.662 108.085 3.080
202004 2.527 107.216 2.948
202007 2.448 108.401 2.824
202010 2.550 108.638 2.936
202101 2.527 109.192 2.895
202104 2.568 110.851 2.897
202107 2.614 112.431 2.908
202110 2.010 113.695 2.211
202201 2.112 114.801 2.301
202204 2.222 118.357 2.348
202207 2.295 120.964 2.373
202210 2.263 121.517 2.329
202301 2.135 121.596 2.196
202304 2.159 123.571 2.185
202307 2.199 124.914 2.202
202310 2.313 125.310 2.309
202401 2.339 125.072 2.339

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  (FRA:74E) 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 (FRA:74E) 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 (FRA:74E) Headlines

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