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OPT Sciences (OPT Sciences) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)


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What is OPT Sciences Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


OPT Sciences Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OPT Sciences'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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OPT Sciences Cyclically Adjusted PB Ratio Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Cyclically Adjusted PB Ratio
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OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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Competitive Comparison of OPT Sciences's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, OPT Sciences'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.


OPT Sciences's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OPT Sciences 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.

OPT Sciences's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2015 is calculated as:

For example, OPT Sciences's adjusted Book Value per Share data for the three months ended in Jul. 2015 was:

Adj_Book=Book Value per Share/CPI of Jul. 2015 (Change)*Current CPI (Jul. 2015)
=19.668/100.6907*100.6907
=19.668

Current CPI (Jul. 2015) = 100.6907.

OPT Sciences Quarterly Data

Book Value per Share CPI Adj_Book
200510 10.156 84.045 12.168
200601 10.311 83.665 12.409
200604 10.453 85.015 12.380
200607 10.580 85.859 12.408
200610 10.731 85.142 12.691
200701 10.816 85.402 12.752
200704 11.112 87.203 12.831
200707 11.422 87.884 13.087
200710 11.817 88.152 13.498
200801 11.948 89.057 13.509
200804 12.196 90.636 13.549
200807 12.484 92.805 13.545
200810 12.646 91.375 13.935
200901 12.712 89.084 14.368
200904 12.802 89.968 14.328
200907 12.928 90.859 14.327
200910 13.172 91.207 14.542
201001 13.150 91.423 14.483
201004 13.261 91.980 14.517
201007 13.377 91.981 14.644
201010 13.808 92.277 15.067
201101 14.124 92.914 15.306
201104 14.339 94.890 15.216
201107 14.610 95.319 15.433
201110 14.811 95.529 15.611
201201 15.042 95.632 15.838
201204 15.363 97.075 15.935
201207 15.835 96.661 16.495
201210 16.300 97.595 16.817
201301 15.875 97.158 16.452
201304 16.375 98.107 16.806
201307 16.472 98.557 16.829
201310 16.839 98.536 17.207
201401 16.936 98.692 17.279
201404 17.436 100.023 17.552
201407 17.744 100.520 17.774
201410 18.274 100.176 18.368
201501 18.665 98.604 19.060
201504 19.191 99.824 19.358
201507 19.668 100.691 19.668

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.


OPT Sciences  (OTCPK:OPST) 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.


OPT Sciences Cyclically Adjusted PB Ratio Related Terms

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


OPT Sciences (OPT Sciences) Business Description

Traded in Other Exchanges
N/A
Address
1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.

OPT Sciences (OPT Sciences) Headlines

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