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Targeted Microwave Solutions (FRA:T651) Cyclically Adjusted PB Ratio : (As of May. 19, 2024)


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What is Targeted Microwave Solutions 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.

Targeted Microwave Solutions does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Targeted Microwave Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Targeted Microwave Solutions'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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Targeted Microwave Solutions Cyclically Adjusted PB Ratio Chart

Targeted Microwave Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Targeted Microwave Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Targeted Microwave Solutions's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Targeted Microwave Solutions'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.


Targeted Microwave Solutions's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Targeted Microwave Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Targeted Microwave Solutions 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.

Targeted Microwave Solutions does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Targeted Microwave Solutions  (FRA:T651) 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.


Targeted Microwave Solutions Cyclically Adjusted PB Ratio Related Terms

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Targeted Microwave Solutions (FRA:T651) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 2300, Vancouver, BC, CAN, V6E 3X2
Targeted Microwave Solutions Inc is a Canada-based industrial clean technology company. Principally, it is engaged in the business of developing microwave-based application technologies to dry, decontaminate, physically upgrade and eliminate or reduce environment harming emissions. The company's technology is used for industrial aggregates, energy-producing biomass, low-rank coals and other materials for application by power utilities and industrial companies.

Targeted Microwave Solutions (FRA:T651) Headlines

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