GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VOXX International Corp (FRA:VOX) » Definitions » Cyclically Adjusted PB Ratio

VOXX International (FRA:VOX) Cyclically Adjusted PB Ratio : 0.19 (As of May. 28, 2024)


View and export this data going back to . Start your Free Trial

What is VOXX International Cyclically Adjusted PB Ratio?

As of today (2024-05-28), VOXX International's current share price is €3.48. VOXX International's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €18.63. VOXX International's Cyclically Adjusted PB Ratio for today is 0.19.

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

FRA:VOX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.42   Max: 1.3
Current: 0.2

During the past years, VOXX International's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.10. And the median was 0.42.

FRA:VOX's Cyclically Adjusted PB Ratio is ranked better than
95.52% of 1875 companies
in the Hardware industry
Industry Median: 1.66 vs FRA:VOX: 0.20

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.

VOXX International's adjusted book value per share data for the three months ended in Feb. 2024 was €12.448. 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 €18.63 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VOXX International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VOXX International'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.

VOXX International Cyclically Adjusted PB Ratio Chart

VOXX International Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 1.10 0.54 0.57 0.43

VOXX International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.57 0.48 0.43 0.54 0.43

Competitive Comparison of VOXX International's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, VOXX International'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.


VOXX International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



VOXX International 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.

VOXX International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.48/18.63
=0.19

* 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.

VOXX International's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, VOXX International's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=12.448/130.9299*130.9299
=12.448

Current CPI (Feb. 2024) = 130.9299.

VOXX International Quarterly Data

Book Value per Share CPI Adj_Book
201405 12.822 100.373 16.726
201408 12.943 100.352 16.887
201411 14.182 99.635 18.637
201502 14.460 99.032 19.118
201505 14.535 100.333 18.968
201508 14.446 100.548 18.811
201511 15.007 100.135 19.622
201602 14.462 100.040 18.928
201605 14.161 101.355 18.293
201608 14.388 101.617 18.538
201611 14.965 101.829 19.242
201702 15.158 102.779 19.310
201705 14.738 103.256 18.688
201708 15.177 103.587 19.183
201711 15.564 104.072 19.581
201802 15.262 105.052 19.022
201805 15.857 106.148 19.559
201808 15.492 106.383 19.067
201811 16.149 106.338 19.884
201902 14.842 106.649 18.221
201905 14.991 108.048 18.166
201908 14.852 108.245 17.965
201911 15.147 108.519 18.275
202002 14.579 109.139 17.490
202005 14.226 108.175 17.218
202008 13.454 109.662 16.063
202011 14.138 109.793 16.860
202102 14.081 110.968 16.614
202105 14.178 113.576 16.344
202108 14.648 115.421 16.616
202111 14.013 117.269 15.645
202202 14.063 119.703 15.382
202205 14.720 123.323 15.628
202208 14.705 124.958 15.408
202211 15.019 125.607 15.655
202302 13.673 126.928 14.104
202305 13.064 128.314 13.330
202308 12.693 129.538 12.829
202311 12.935 129.548 13.073
202402 12.448 130.930 12.448

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.


VOXX International  (FRA:VOX) 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.


VOXX International Cyclically Adjusted PB Ratio Related Terms

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


VOXX International (FRA:VOX) Business Description

Traded in Other Exchanges
Address
2351 J. Lawson Boulevard, Orlando, FL, USA, 32824
VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.

VOXX International (FRA:VOX) Headlines

From GuruFocus

KCM INVESTMENT ADVISORS LLC Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-10-2022