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CalAmp (STU:CF30) Cyclically Adjusted PB Ratio : 0.03 (As of May. 16, 2024)


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What is CalAmp Cyclically Adjusted PB Ratio?

As of today (2024-05-16), CalAmp's current share price is €2.99. CalAmp's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was €96.64. CalAmp's Cyclically Adjusted PB Ratio for today is 0.03.

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

STU:CF30' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 3.95   Max: 8.36
Current: 0.03

During the past years, CalAmp's highest Cyclically Adjusted PB Ratio was 8.36. The lowest was 0.02. And the median was 3.95.

STU:CF30's Cyclically Adjusted PB Ratio is ranked better than
99.57% of 1864 companies
in the Hardware industry
Industry Median: 1.645 vs STU:CF30: 0.03

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.

CalAmp's adjusted book value per share data for the three months ended in Nov. 2023 was €-41.588. 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 €96.64 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CalAmp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CalAmp'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.

CalAmp Cyclically Adjusted PB Ratio Chart

CalAmp Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 2.39 2.63 1.49 0.88

CalAmp Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.74 0.88 0.37 0.13 0.07

Competitive Comparison of CalAmp's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, CalAmp'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.


CalAmp's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



CalAmp 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.

CalAmp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.99/96.64
=0.03

* 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.

CalAmp's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, CalAmp's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-41.588/129.5481*129.5481
=-41.588

Current CPI (Nov. 2023) = 129.5481.

CalAmp Quarterly Data

Book Value per Share CPI Adj_Book
201402 62.513 99.057 81.756
201405 63.815 100.373 82.364
201408 66.081 100.352 85.306
201411 73.194 99.635 95.169
201502 84.679 99.032 110.773
201505 98.480 100.333 127.156
201508 99.633 100.548 128.369
201511 106.566 100.135 137.869
201602 107.188 100.040 138.805
201605 104.471 101.355 133.531
201608 102.073 101.617 130.130
201611 101.254 101.829 128.816
201702 99.788 102.779 125.778
201705 102.459 103.256 128.549
201708 101.896 103.587 127.433
201711 110.624 104.072 137.704
201802 103.752 105.052 127.945
201805 110.939 106.148 135.396
201808 120.188 106.383 146.359
201811 119.077 106.338 145.068
201902 124.189 106.649 150.854
201905 121.824 108.048 146.065
201908 117.163 108.245 140.222
201911 116.196 108.519 138.713
202002 84.752 109.139 100.601
202005 76.843 108.175 92.025
202008 66.034 109.662 78.008
202011 55.160 109.793 65.085
202102 51.338 110.968 59.934
202105 51.370 113.576 58.594
202108 49.205 115.421 55.228
202111 44.996 117.269 49.707
202202 42.379 119.703 45.865
202205 17.204 123.323 18.072
202208 13.365 124.958 13.856
202211 11.410 125.607 11.768
202302 8.221 126.928 8.391
202305 7.028 128.314 7.096
202308 5.903 129.538 5.903
202311 -41.588 129.548 -41.588

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.


CalAmp  (STU:CF30) 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.


CalAmp Cyclically Adjusted PB Ratio Related Terms

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


CalAmp (STU:CF30) Business Description

Industry
Traded in Other Exchanges
Address
15635 Alton Parkway, Suite 250, Irvine, CA, USA, 92618
CalAmp Corp provides wireless communications solutions applications to customers. The company's products, software, and application services are sold into a broad array of market verticals, including transportation, government, construction, and automotive to customers in the United States; Latin America; Europe the Middle East, and Africa; Asia-Pacific; and others. Its business activities are organized into its Telematics Systems and Software & Subscription Services. The Telematics Systems segment offers a series of Mobile Resource Management ('MRM') telematics products and applications. The software & Subscription Services segment offers cloud-based application enablement and telematics service platforms.

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