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Helios and Matheson Analytics (Helios and Matheson Analytics) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Helios and Matheson Analytics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Helios and Matheson Analytics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Helios and Matheson Analytics'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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Helios and Matheson Analytics Cyclically Adjusted PB Ratio Chart

Helios and Matheson Analytics Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Helios and Matheson Analytics Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Helios and Matheson Analytics's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Helios and Matheson Analytics'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.


Helios and Matheson Analytics's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Helios and Matheson Analytics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Helios and Matheson Analytics's Cyclically Adjusted PB Ratio falls into.



Helios and Matheson Analytics 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.

Helios and Matheson Analytics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Helios and Matheson Analytics's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.072/106.5067*106.5067
=0.072

Current CPI (Sep. 2018) = 106.5067.

Helios and Matheson Analytics Quarterly Data

Book Value per Share CPI Adj_Book
200812 956.919 88.697 1,149.056
200903 763.969 89.744 906.664
200906 646.214 91.003 756.304
200909 506.789 91.120 592.369
200912 528.138 91.111 617.380
201003 455.870 91.821 528.782
201006 369.433 91.962 427.863
201009 411.481 92.162 475.528
201012 393.240 92.474 452.913
201103 380.579 94.283 429.920
201106 382.082 95.235 427.306
201109 388.519 95.727 432.270
201112 413.305 95.213 462.327
201203 415.021 96.783 456.718
201206 424.893 96.819 467.407
201209 440.773 97.633 480.834
201212 456.330 96.871 501.720
201303 444.635 98.209 482.200
201306 454.614 98.518 491.479
201309 464.056 98.790 500.304
201312 471.674 98.326 510.918
201403 443.026 99.695 473.298
201406 434.335 100.560 460.022
201409 429.292 100.428 455.277
201412 430.258 99.070 462.557
201503 435.730 99.621 465.847
201506 442.167 100.684 467.739
201509 195.494 100.392 207.402
201512 201.502 99.792 215.060
201603 185.408 100.470 196.547
201606 169.957 101.688 178.011
201609 74.678 101.861 78.084
201612 612.205 101.863 640.116
201703 429.906 102.862 445.138
201706 377.695 103.349 389.235
201709 -704.447 104.136 -720.487
201712 -406.620 104.011 -416.376
201803 -17.727 105.290 -17.932
201806 54.441 106.317 54.538
201809 0.072 106.507 0.072

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.


Helios and Matheson Analytics  (OTCPK:HMNY) 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.


Helios and Matheson Analytics Cyclically Adjusted PB Ratio Related Terms

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Helios and Matheson Analytics (Helios and Matheson Analytics) Business Description

Traded in Other Exchanges
N/A
Address
Empire State Building, 350 Fifth Avenue, New York, NY, USA, 10118
Helios and Matheson Analytics Inc is a United States based company, engages in the provision of information technology services and solutions. Its services include application value management, application development, integration, independent validation, infrastructure, information management, and analytics services. The company serves various industries including financial, healthcare, retail, education and government.
Executives
Stuart M Benson officer: Chief Financial Officer EMPIRE STATE BUILDING, 350 5TH AVE., SUITE 7520, NEW YORK NY 10118
Viraj J Patel director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540