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Vicon Industries (STU:VCI) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Vicon Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicon Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vicon Industries'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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Vicon Industries Cyclically Adjusted PB Ratio Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cyclically Adjusted PB Ratio
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Vicon Industries 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 Vicon Industries's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Vicon Industries'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.


Vicon Industries's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vicon Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vicon Industries 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.

Vicon Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Vicon Industries'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)
=-2.506/106.5067*106.5067
=-2.506

Current CPI (Sep. 2018) = 106.5067.

Vicon Industries Quarterly Data

Book Value per Share CPI Adj_Book
200812 10,487.288 88.697 12,593.001
200903 11,010.776 89.744 13,067.378
200906 10,759.914 91.003 12,592.996
200909 10,377.778 91.120 12,130.243
200912 10,241.991 91.111 11,972.630
201003 10,693.450 91.821 12,403.770
201006 11,939.035 91.962 13,827.342
201009 11,274.890 92.162 13,029.830
201012 10,976.652 92.474 12,642.332
201103 10,233.480 94.283 11,560.229
201106 7,045.175 95.235 7,879.060
201109 7,156.579 95.727 7,962.481
201112 7,383.260 95.213 8,258.991
201203 7,358.850 96.783 8,098.195
201206 7,479.736 96.819 8,228.141
201209 7,243.172 97.633 7,901.484
201212 7,000.877 96.871 7,697.242
201303 6,579.386 98.209 7,135.251
201306 6,205.702 98.518 6,708.928
201309 7,061.842 98.790 7,613.458
201312 6,441.228 98.326 6,977.144
201403 5,775.877 99.695 6,170.547
201406 5,439.738 100.560 5,761.450
201409 4,434.061 100.428 4,702.455
201412 4,209.719 99.070 4,525.736
201503 4,465.443 99.621 4,774.085
201506 4,200.648 100.684 4,443.582
201509 4,103.863 100.392 4,353.844
201512 4,037.421 99.792 4,309.070
201603 2,488.161 100.470 2,637.651
201606 2,287.315 101.688 2,395.702
201609 1,606.342 101.861 1,679.604
201612 1,477.801 101.863 1,545.175
201703 1,111.416 102.862 1,150.794
201706 883.087 103.349 910.068
201709 425.696 104.136 435.389
201712 397.950 104.011 407.498
201803 256.834 105.290 259.803
201806 96.469 106.317 96.641
201809 -2.506 106.507 -2.506

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.


Vicon Industries  (STU:VCI) 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.


Vicon Industries Cyclically Adjusted PB Ratio Related Terms

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Vicon Industries (STU:VCI) Business Description

Traded in Other Exchanges
N/A
Address
135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.

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