GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Viscount Systems Inc (OTCPK:VSYS) » Definitions » Cyclically Adjusted PB Ratio

Viscount Systems (Viscount Systems) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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

What is Viscount Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viscount Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viscount Systems'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.

Viscount Systems Cyclically Adjusted PB Ratio Chart

Viscount Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Viscount Systems Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 Viscount Systems's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Viscount Systems'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.


Viscount Systems's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Viscount Systems 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.

Viscount Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Viscount Systems's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-0.055/102.0016*102.0016
=-0.055

Current CPI (Jun. 2016) = 102.0016.

Viscount Systems Quarterly Data

Book Value per Share CPI Adj_Book
200609 0.015 86.279 0.018
200612 0.014 86.437 0.017
200703 0.022 87.780 0.026
200706 0.019 88.412 0.022
200709 0.016 88.412 0.018
200712 0.011 88.491 0.013
200803 0.010 88.965 0.011
200806 0.009 91.177 0.010
200809 0.008 91.414 0.009
200812 0.007 89.518 0.008
200903 0.007 90.071 0.008
200906 0.009 90.940 0.010
200909 0.012 90.624 0.014
200912 0.013 90.703 0.015
201003 0.018 91.335 0.020
201006 0.016 91.809 0.018
201009 0.015 92.362 0.017
201012 0.002 92.836 0.002
201103 -0.010 94.338 -0.011
201106 -0.001 94.654 -0.001
201109 -0.005 95.286 -0.005
201112 -0.001 94.970 -0.001
201203 -0.003 96.155 -0.003
201206 -0.020 96.076 -0.021
201209 -0.031 96.392 -0.033
201212 -0.029 95.760 -0.031
201303 -0.049 97.103 -0.051
201306 -0.047 97.182 -0.049
201309 -0.026 97.419 -0.027
201312 -0.047 96.945 -0.049
201403 -0.037 98.604 -0.038
201406 -0.034 99.473 -0.035
201409 -0.026 99.394 -0.027
201412 -0.016 98.367 -0.017
201503 -0.014 99.789 -0.014
201506 0.000 100.500 0.000
201509 -0.014 100.421 -0.014
201512 -0.050 99.947 -0.051
201603 -0.052 101.054 -0.052
201606 -0.055 102.002 -0.055

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.


Viscount Systems  (OTCPK:VSYS) 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.


Viscount Systems Cyclically Adjusted PB Ratio Related Terms

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


Viscount Systems (Viscount Systems) Business Description

Traded in Other Exchanges
N/A
Address
4585 Tillicum Street, Burnaby, BC, CAN, V5J 5K9
Viscount Systems Inc is engaged in designing, manufacturing, and servicing of physical access control and telephone entry products. Its product includes Enterphone Access Control products, Enterphone iQ, MESH and Freedom Access Control Systems, and Freedom. It operates through two segments; The Manufacturing segment designs produces and sells intercom and door access control systems that utilize telecommunications to control access to buildings and other facilities for security purpose. The Servicing segment provides maintenance to these intercom and door access control systems.
Executives
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Geoffrey W Arens director, 10 percent owner C/O DENDERA CAPITAL FUND LP, NEW YORK NY 10017
Ned L Siegel director, other: Chairman of the Board 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Dennis R Raefield director 4 ORCHARD LN, ALAMO CA 94507

Viscount Systems (Viscount Systems) Headlines

No Headlines