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Zoom Technologies (Zoom Technologies) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Zoom Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zoom Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zoom 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.

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Zoom Technologies Cyclically Adjusted PB Ratio Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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Competitive Comparison of Zoom Technologies's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Zoom 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.


Zoom Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Zoom 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.

Zoom Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2014 is calculated as:

For example, Zoom Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2014 was:

Adj_Book=Book Value per Share/CPI of Mar. 2014 (Change)*Current CPI (Mar. 2014)
=3.993/98.6000*98.6000
=3.993

Current CPI (Mar. 2014) = 98.6000.

Zoom Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200406 79.632 73.459 106.886
200409 75.471 74.637 99.702
200412 71.301 74.488 94.382
200503 63.548 75.597 82.885
200506 70.192 74.618 92.752
200509 62.854 75.290 82.314
200512 58.136 75.666 75.757
200603 51.145 76.340 66.059
200606 41.853 76.034 54.275
200609 37.953 76.413 48.973
200612 65.914 77.793 83.544
200703 62.293 78.884 77.863
200706 55.665 79.357 69.163
200709 52.701 81.276 63.935
200712 48.577 82.911 57.769
200803 43.912 85.485 50.649
200806 39.788 85.058 46.123
200809 34.519 85.057 40.015
200812 22.670 83.956 26.624
200903 20.552 84.457 23.994
200906 19.685 83.615 23.213
200909 15.609 84.369 18.242
200912 24.477 85.386 28.265
201003 30.853 86.316 35.244
201006 31.392 85.886 36.039
201009 34.977 87.267 39.519
201012 38.458 89.289 42.468
201103 39.808 91.154 43.060
201106 41.140 91.612 44.278
201109 42.590 92.711 45.295
201112 31.817 92.885 33.774
201203 32.388 94.367 33.841
201206 27.477 93.495 28.977
201209 27.159 94.482 28.343
201212 17.998 95.237 18.634
201303 17.314 96.372 17.714
201306 16.694 95.984 17.149
201309 12.076 97.332 12.233
201312 4.082 97.624 4.123
201403 3.993 98.600 3.993

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.


Zoom Technologies  (OTCPK:ZTNO) 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.


Zoom Technologies Cyclically Adjusted PB Ratio Related Terms

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


Zoom Technologies (Zoom Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.
Executives
Anthony K Chan director, officer: Chief Financial Officer 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Frank Blase Manning director C/O ZOOM TELEPHONICS INC, 207 SOUTH STREET, BOSTON MA 02110
Peter Robin Kramer director
Joseph Donovan director C/O ZOOM TECHNOLOGIES INC, 207 SOUTH STREET, BOSTON MA 02111
J Ronald Woods director
Bernard Furman director
Terry Manning officer: VP Sales & Marketing
Deena M Randall officer: VP of Operations
Robert A Crist officer: CFO

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