GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alpha Technologies Group Inc (OTCPK:AHAG) » Definitions » Cyclically Adjusted PB Ratio

AHAG (Alpha Technologies Group) Cyclically Adjusted PB Ratio : (As of Sep. 27, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Alpha Technologies Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Technologies Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alpha Technologies Group'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.

Alpha Technologies Group Cyclically Adjusted PB Ratio Chart

Alpha Technologies Group Annual Data
Trend Oct94 Oct95 Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Alpha Technologies Group Quarterly Data
Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04
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 Alpha Technologies Group's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Alpha Technologies Group'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.


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

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

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



Alpha Technologies Group 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.

Alpha Technologies Group's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2004 is calculated as:

For example, Alpha Technologies Group's adjusted Book Value per Share data for the three months ended in Jul. 2004 was:

Adj_Book=Book Value per Share/CPI of Jul. 2004 (Change)*Current CPI (Jul. 2004)
=1.364/79.9099*79.9099
=1.364

Current CPI (Jul. 2004) = 79.9099.

Alpha Technologies Group Quarterly Data

Book Value per Share CPI Adj_Book
199410 2.669 63.076 3.381
199501 2.576 63.413 3.246
199504 2.692 64.088 3.357
199507 2.908 64.341 3.612
199510 3.105 64.848 3.826
199601 3.131 65.143 3.841
199604 3.150 65.945 3.817
199607 2.763 66.240 3.333
199610 3.276 66.789 3.920
199701 3.036 67.126 3.614
199704 2.974 67.590 3.516
199707 3.066 67.717 3.618
199710 2.809 68.181 3.292
199801 2.872 68.181 3.366
199804 2.952 68.561 3.441
199807 2.815 68.856 3.267
199810 2.354 69.193 2.719
199901 2.440 69.320 2.813
199904 2.570 70.122 2.929
199907 2.891 70.333 3.285
199910 2.807 70.965 3.161
200001 3.062 71.219 3.436
200004 3.366 72.273 3.722
200007 4.721 72.906 5.175
200010 5.119 73.413 5.572
200101 5.263 73.877 5.693
200104 5.358 74.636 5.737
200107 5.246 74.889 5.598
200110 5.171 74.974 5.511
200201 5.152 74.720 5.510
200204 5.130 75.860 5.404
200207 3.737 75.986 3.930
200210 3.640 76.492 3.803
200301 3.579 76.661 3.731
200304 3.537 77.547 3.645
200307 1.594 77.589 1.642
200310 1.499 78.054 1.535
200401 1.423 78.138 1.455
200404 1.394 79.319 1.404
200407 1.364 79.910 1.364

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.


Alpha Technologies Group  (OTCPK:AHAG) 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.


Alpha Technologies Group Cyclically Adjusted PB Ratio Related Terms

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


Alpha Technologies Group Business Description

Traded in Other Exchanges
N/A
Address
11990 San Vicente Boulevard, Suite 350, Los Angeles, CA, USA, 90049
Alpha Technologies Group Inc designs and produces thermal-management products, which dissipate unwanted heat from electronic components.
Executives
Donald K Grierson director 8423 MIDNIGHT PASS ROAD, SARASOTA FL 34242

Alpha Technologies Group Headlines

No Headlines