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Planar Systems (FRA:PL4) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)


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What is Planar Systems Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Planar Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Planar Systems'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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Planar Systems Cyclically Adjusted PB Ratio Chart

Planar Systems Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Cyclically Adjusted PB Ratio
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Planar Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Planar Systems's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Planar Systems'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.


Planar Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Planar Systems 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.

Planar Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Planar Systems's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=1.958/100.6839*100.6839
=1.958

Current CPI (Jun. 2015) = 100.6839.

Planar Systems Quarterly Data

Book Value per Share CPI Adj_Book
200509 7.263 83.876 8.718
200512 7.605 83.032 9.222
200603 7.617 84.298 9.098
200606 7.435 85.606 8.745
200609 7.698 85.606 9.054
200612 7.355 85.142 8.698
200703 7.205 86.640 8.373
200706 6.979 87.906 7.993
200709 6.266 87.964 7.172
200712 5.880 88.616 6.681
200803 5.238 90.090 5.854
200806 3.137 92.320 3.421
200809 2.639 92.307 2.878
200812 2.768 88.697 3.142
200903 2.732 89.744 3.065
200906 2.579 91.003 2.853
200909 2.548 91.120 2.815
200912 2.337 91.111 2.583
201003 2.336 91.821 2.561
201006 2.542 91.962 2.783
201009 2.603 92.162 2.844
201012 2.387 92.474 2.599
201103 2.406 94.283 2.569
201106 2.296 95.235 2.427
201109 2.306 95.727 2.425
201112 2.223 95.213 2.351
201203 1.976 96.783 2.056
201206 1.988 96.819 2.067
201209 1.774 97.633 1.829
201212 1.700 96.871 1.767
201303 1.655 98.209 1.697
201306 1.490 98.518 1.523
201309 1.485 98.790 1.513
201312 1.486 98.326 1.522
201403 1.465 99.695 1.480
201406 1.515 100.560 1.517
201409 1.648 100.428 1.652
201412 1.812 99.070 1.842
201503 2.030 99.621 2.052
201506 1.958 100.684 1.958

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.


Planar Systems  (FRA:PL4) 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.


Planar Systems Cyclically Adjusted PB Ratio Related Terms

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Planar Systems (FRA:PL4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Planar Systems Inc was incorporated on April 27, 1983. The Company is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a variety of flat panel and front- and rear-projection technologies. The Company capitalizes on its strong supply chain, logistics, and distribution relationships to sell a variety of mainly LCD based displays to the United States marketplace. The Company offers High-End Home Display which offers various high-performance home theater front-projection systems, video processing equipment, large-format thin displays, and accessories, that aims at the high-end home market and certain commercial installations The Company employs sales professionals in many countries around the world and sells both directly to end users and through reseller channels.The Company's direct competitors are numerous and diverse. In display systems including AMLCD components sourced from manufacturers, Planar's value-added specialty display products compete against those of NEC, Acer, Viewsonic, Dell and others in the IT market. The Company's operations are subject to environmental and various other regulations in each of the jurisdictions in which it conducts business.

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