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ThreeD Capital (XCNQ:IDK) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is ThreeD Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ThreeD Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ThreeD Capital'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.

ThreeD Capital Cyclically Adjusted PB Ratio Chart

ThreeD Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.04 0.05 0.06

ThreeD Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.06 0.06 0.09 0.11 -

Competitive Comparison of ThreeD Capital's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, ThreeD Capital'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.


ThreeD Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ThreeD Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ThreeD Capital 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.

ThreeD Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ThreeD Capital's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.892/126.2576*126.2576
=0.892

Current CPI (Mar. 2024) = 126.2576.

ThreeD Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.021 99.473 16.527
201409 10.626 99.394 13.498
201412 8.240 98.367 10.576
201503 7.772 99.789 9.833
201506 7.840 100.500 9.849
201509 3.608 100.421 4.536
201512 2.447 99.947 3.091
201603 1.762 101.054 2.201
201606 1.081 102.002 1.338
201609 0.625 101.765 0.775
201612 0.541 101.449 0.673
201703 0.545 102.634 0.670
201706 1.984 103.029 2.431
201709 1.645 103.345 2.010
201712 1.899 103.345 2.320
201803 1.759 105.004 2.115
201806 2.054 105.557 2.457
201809 1.593 105.636 1.904
201812 1.611 105.399 1.930
201903 1.544 106.979 1.822
201906 1.387 107.690 1.626
201909 0.625 107.611 0.733
201912 0.350 107.769 0.410
202003 0.192 107.927 0.225
202006 0.415 108.401 0.483
202009 0.412 108.164 0.481
202012 0.892 108.559 1.037
202103 1.235 110.298 1.414
202106 1.162 111.720 1.313
202109 1.398 112.905 1.563
202112 1.159 113.774 1.286
202203 1.096 117.646 1.176
202206 1.055 120.806 1.103
202209 0.822 120.648 0.860
202212 0.813 120.964 0.849
202303 0.778 122.702 0.801
202306 0.791 124.203 0.804
202309 0.910 125.230 0.917
202312 0.824 125.072 0.832
202403 0.892 126.258 0.892

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.


ThreeD Capital  (XCNQ:IDK) 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.


ThreeD Capital Cyclically Adjusted PB Ratio Related Terms

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ThreeD Capital (XCNQ:IDK) Business Description

Traded in Other Exchanges
Address
130 Spadina Avenue, Suite 401, Toronto, ON, CAN, M5V 2L4
ThreeD Capital Inc is a Canada-based venture capital firm. Principally, the company's operations relate to investing. It is focused on investments in companies in the junior resources, technology, and biotechnology markets.
Executives
Sheldon Inwentash Director, Director or Senior Officer of 10% Security Holder, Senior Officer

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