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Abtech Holdings (Abtech Holdings) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Abtech Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abtech Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abtech Holdings'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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Abtech Holdings Cyclically Adjusted PB Ratio Chart

Abtech Holdings Annual Data
Trend May08 May09 May10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Abtech Holdings 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 Abtech Holdings's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Abtech Holdings'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.


Abtech Holdings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Abtech Holdings 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.

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

For example, Abtech Holdings'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)
=-4.492/106.5067*106.5067
=-4.492

Current CPI (Sep. 2018) = 106.5067.

Abtech Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200811 -0.200 89.624 -0.238
200902 -0.224 89.527 -0.266
200905 -0.267 90.228 -0.315
200908 -0.290 91.063 -0.339
200911 -0.318 91.272 -0.371
201002 -0.341 91.445 -0.397
201005 -0.380 92.052 -0.440
201008 -0.710 92.108 -0.821
201011 2.290 92.315 2.642
201103 -12.646 94.283 -14.286
201106 -7.740 95.235 -8.656
201109 -11.276 95.727 -12.546
201112 -14.949 95.213 -16.722
201203 -19.735 96.783 -21.718
201206 -27.698 96.819 -30.469
201209 -12.270 97.633 -13.385
201212 5.996 96.871 6.592
201303 2.500 98.209 2.711
201306 3.687 98.518 3.986
201309 0.324 98.790 0.349
201312 -1.924 98.326 -2.084
201403 -5.336 99.695 -5.701
201406 -8.980 100.560 -9.511
201409 -13.051 100.428 -13.841
201412 -16.077 99.070 -17.284
201503 -19.850 99.621 -21.222
201506 -24.185 100.684 -25.584
201509 -29.290 100.392 -31.074
201512 0.709 99.792 0.757
201603 0.202 100.470 0.214
201606 -0.285 101.688 -0.299
201609 -0.708 101.861 -0.740
201612 -0.931 101.863 -0.973
201703 -1.515 102.862 -1.569
201706 -1.663 103.349 -1.714
201709 -2.008 104.136 -2.054
201712 -2.437 104.011 -2.495
201803 -3.704 105.290 -3.747
201806 -4.091 106.317 -4.098
201809 -4.492 106.507 -4.492

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.


Abtech Holdings  (OTCPK:ABHD) 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.


Abtech Holdings Cyclically Adjusted PB Ratio Related Terms

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Abtech Holdings (Abtech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4110 North Scottsdale Road, Suite 235, Scottsdale, AZ, USA, 85251
Abtech Holdings Inc is a full-service environmental technology and engineering firm. The company operates in one business segment which is the Filtration and Treatment of Polluted Water. Abtech sells products and systems for the treatment of stormwater, industrial process water and produced water in oil and gas extraction operations. It also provides water management solutions for upstream, midstream and downstream industries in oil and gas. Its product portfolio comprises Smart Sponge, Ultra-Urban Filter, Smart Vault, Line Skimmer, Bilge Skimmer and Smart Drum.
Executives
William C Mccartney director WATTS INDUSTRIES INC, ROUTE 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Steven W Kohlhagen director AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312

Abtech Holdings (Abtech Holdings) Headlines

From GuruFocus

Abtech Holdings, Inc. Announces Reverse Stock Split

By PRNewswire PRNewswire 11-05-2018