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STR Holdings (STR Holdings) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is STR Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


STR Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for STR Holdings'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.

STR Holdings Cyclically Adjusted PB Ratio Chart

STR Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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STR Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of STR Holdings's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, STR Holdings'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.


STR Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, STR Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



STR Holdings 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.

STR Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, STR Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.738/108.3294*108.3294
=0.738

Current CPI (Sep. 2019) = 108.3294.

STR Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200912 19.681 91.111 23.400
201003 20.363 91.821 24.024
201006 21.347 91.962 25.146
201009 22.759 92.162 26.752
201012 23.737 92.474 27.807
201103 24.773 94.283 28.464
201106 25.662 95.235 29.191
201109 28.717 95.727 32.498
201112 23.825 95.213 27.107
201203 18.082 96.783 20.239
201206 17.883 96.819 20.009
201209 17.998 97.633 19.970
201212 9.172 96.871 10.257
201303 8.881 98.209 9.796
201306 8.583 98.518 9.438
201309 8.231 98.790 9.026
201312 8.012 98.326 8.827
201403 9.257 99.695 10.059
201406 9.018 100.560 9.715
201409 8.473 100.428 9.140
201412 3.194 99.070 3.493
201503 2.972 99.621 3.232
201506 2.797 100.684 3.009
201509 2.701 100.392 2.915
201512 2.583 99.792 2.804
201603 2.442 100.470 2.633
201606 2.150 101.688 2.290
201609 1.952 101.861 2.076
201612 1.630 101.863 1.733
201703 1.483 102.862 1.562
201706 1.490 103.349 1.562
201709 1.459 104.136 1.518
201712 1.399 104.011 1.457
201803 1.435 105.290 1.476
201806 1.257 106.317 1.281
201809 1.182 106.507 1.202
201812 1.092 105.998 1.116
201903 0.944 107.251 0.953
201906 0.816 108.070 0.818
201909 0.738 108.329 0.738

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.


STR Holdings  (OTCPK:STRI) 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.


STR Holdings Cyclically Adjusted PB Ratio Related Terms

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


STR Holdings (STR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
10 Water Street, Enfield, CT, USA, 06082
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.
Executives
John A. Janitz director 6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Andrew M Leitch director 6615 CALLE PONTE BELLA, RANCHO SANTA FE CA 92091
Andrew Africk director
Alan N Forman officer: Senior VP & Gen. Counsel 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Lp 10 percent owner 11100 SANTA MONICA BLVD STE 810, LOS ANGELES CA 90025
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
B. Riley & Co., Llc 10 percent owner 11100 SANTA MONICA BLVD., STE. 800, LOS ANGELES CA 90025
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Suisse Ag/ Credit 10 percent owner PARADEPLATZ 8, ZURICH V8 CH 8001
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Red Mountain Partners, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc other: Please refer to Remarks below. 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067

STR Holdings (STR Holdings) Headlines

From GuruFocus

Str Holdings Inc Reports Operating Results (10-Q)

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By GuruFocus Research GuruFocus Editor 04-21-2010

STR Holdings, Inc. Completes Asset Sale to H.B. Fuller Company

By ACCESSWIRE ACCESSWIRE 01-27-2021

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By Marketwired Marketwired 02-08-2020

STR Holdings, Inc. Elects to Deregister its Common Stock

By GlobeNewswire GlobeNewswire 02-07-2020

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 11-12-2010

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 08-12-2010