GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Turbodyne Technologies Inc (GREY:TRBD) » Definitions » Cyclically Adjusted PB Ratio

Turbodyne Technologies (Turbodyne Technologies) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


View and export this data going back to . Start your Free Trial

What is Turbodyne Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Turbodyne Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turbodyne Technologies'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.

Turbodyne Technologies Cyclically Adjusted PB Ratio Chart

Turbodyne Technologies Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Turbodyne Technologies Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Dec10 Dec11
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 - - - - -

Competitive Comparison of Turbodyne Technologies's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Turbodyne Technologies'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.


Turbodyne Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbodyne Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Turbodyne Technologies 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.

Turbodyne Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2010 is calculated as:

For example, Turbodyne Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2010 was:

Adj_Book=Book Value per Share/CPI of Dec. 2010 (Change)*Current CPI (Dec. 2010)
=-0.012/92.4740*92.4740
=-0.012

Current CPI (Dec. 2010) = 92.4740.

Turbodyne Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200012 -0.138 73.413 -0.174
200103 -0.134 74.341 -0.167
200106 -0.125 75.100 -0.154
200109 -0.115 75.227 -0.141
200112 -0.100 74.552 -0.124
200203 -0.110 75.438 -0.135
200206 -0.085 75.902 -0.104
200209 -0.089 76.366 -0.108
200212 -0.115 76.324 -0.139
200303 -0.088 77.716 -0.105
200306 -0.079 77.505 -0.094
200309 -0.085 78.138 -0.101
200312 -0.101 77.758 -0.120
200403 -0.061 79.066 -0.071
200406 -0.053 80.037 -0.061
200409 -0.055 80.121 -0.063
200412 -0.055 80.290 -0.063
200503 -0.057 81.555 -0.065
200506 -0.057 82.062 -0.064
200509 -0.048 83.876 -0.053
200512 -0.025 83.032 -0.028
200603 -0.026 84.298 -0.029
200606 -0.027 85.606 -0.029
200609 -0.024 85.606 -0.026
200612 -0.025 85.142 -0.027
200703 -0.024 86.640 -0.026
200706 -0.023 87.906 -0.024
200709 -0.023 87.964 -0.024
200712 -0.020 88.616 -0.021
200803 -0.021 90.090 -0.022
200806 -0.019 92.320 -0.019
200809 -0.016 92.307 -0.016
200812 -0.015 88.697 -0.016
200903 -0.016 89.744 -0.016
200906 -0.016 91.003 -0.016
200909 -0.016 91.120 -0.016
200912 -0.013 91.111 -0.013
201003 -0.016 91.821 -0.016
201006 -0.013 91.962 -0.013
201012 -0.012 92.474 -0.012

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.


Turbodyne Technologies  (GREY:TRBD) 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.


Turbodyne Technologies Cyclically Adjusted PB Ratio Related Terms

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


Turbodyne Technologies (Turbodyne Technologies) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 17th Floor, New York, NY, USA, 10106
Turbodyne Technologies Inc designs and develops forced-air induction (air-charging) technologies that improve the performance of gas and diesel internal combustion engines.

Turbodyne Technologies (Turbodyne Technologies) Headlines

No Headlines