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Advanced Container Technologies (Advanced Container Technologies) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Advanced Container Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Container Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Advanced Container 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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Advanced Container Technologies Cyclically Adjusted PB Ratio Chart

Advanced Container Technologies Annual Data
Trend Jun00 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Advanced Container Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Advanced Container Technologies's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Advanced Container 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.


Advanced Container Technologies's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Advanced Container Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Advanced Container 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.

Advanced Container Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Advanced Container Technologies's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.025/125.2265*125.2265
=0.025

Current CPI (Sep. 2022) = 125.2265.

Advanced Container Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200012 0.000 73.413 0.000
200103 0.000 74.341 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.049 98.326 0.062
201403 0.000 99.695 0.000
201406 -0.511 100.560 -0.636
201409 -0.693 100.428 -0.864
201412 -0.947 99.070 -1.197
201503 -1.029 99.621 -1.293
201506 -1.138 100.684 -1.415
201509 -1.243 100.392 -1.550
201512 -1.687 99.792 -2.117
201603 -1.484 100.470 -1.850
201606 -1.588 101.688 -1.956
201609 -1.584 101.861 -1.947
201612 -1.818 101.863 -2.235
201703 -1.810 102.862 -2.204
201706 -1.697 103.349 -2.056
201709 -0.699 104.136 -0.841
201712 -0.805 104.011 -0.969
201803 -0.654 105.290 -0.778
201806 1.990 106.317 2.344
201809 1.928 106.507 2.267
201812 1.603 105.998 1.894
201903 1.524 107.251 1.779
201906 1.279 108.070 1.482
201909 1.148 108.329 1.327
201912 1.010 108.420 1.167
202003 0.819 108.902 0.942
202006 0.673 108.767 0.775
202009 0.964 109.815 1.099
202012 0.037 109.897 0.042
202103 0.048 111.754 0.054
202106 0.042 114.631 0.046
202109 0.043 115.734 0.047
202112 0.037 117.630 0.039
202203 0.038 121.301 0.039
202206 0.033 125.017 0.033
202209 0.025 125.227 0.025

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.


Advanced Container Technologies  (OTCPK:ACTX) 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.


Advanced Container Technologies Cyclically Adjusted PB Ratio Related Terms

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Advanced Container Technologies (Advanced Container Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1620 Commerce Street, Suite A, Corona, CA, USA, 92878
Advanced Container Technologies Inc is in the business of selling and marketing proprietary plastic medical grade containers in the United States. The company's flagship product is Medtainer, which can store grind and shred pharmaceuticals, herbs, teas, and other solids or liquids. It's another product is GrowPods, which are specially modified insulated shipping containers in which plants, herbs, and spices may be grown hydroponically in a controlled environment. Its other products include Humidity pack inserts, Plastic lighter holders, Jars, and Lighters.

Advanced Container Technologies (Advanced Container Technologies) Headlines