ANDR (Andrea Electronics) Cyclically Adjusted PB Ratio: (As of Jul. 07, 2026)


What is Andrea Electronics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Andrea Electronics  (OTCPK:ANDR) 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.


Andrea Electronics Cyclically Adjusted PB Ratio Related Terms


Andrea Electronics Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Andrea Electronics'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.

Andrea Electronics Cyclically Adjusted PB Ratio Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 0.73 2.05 4.86 0.00

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 4.86 9.70 70.53 0.00 0.00

ANDR vs GAXY, TKLS, WTO: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Andrea Electronics'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.


Andrea Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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



Andrea Electronics 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.

Andrea Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Andrea Electronics's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.036/296.7970*296.7970
=-0.036

Current CPI (Dec. 2022) = 296.7970.

Andrea Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.045 232.773 0.057
201306 0.047 233.504 0.060
201309 0.040 234.149 0.051
201312 0.034 233.049 0.043
201403 0.019 236.293 0.024
201406 0.013 238.343 0.016
201409 0.007 238.031 0.009
201412 -0.010 234.812 -0.013
201503 -0.031 236.119 -0.039
201506 -0.037 238.638 -0.046
201509 -0.074 237.945 -0.092
201512 0.039 236.525 0.049
201603 0.053 238.132 0.066
201606 0.047 241.018 0.058
201609 0.038 241.428 0.047
201612 0.021 241.432 0.026
201703 -0.010 243.801 -0.012
201706 -0.072 244.955 -0.087
201709 0.010 246.819 0.012
201712 0.005 246.524 0.006
201803 0.000 249.554 0.000
201806 -0.004 251.989 -0.005
201809 -0.004 252.439 -0.005
201812 -0.006 251.233 -0.007
201903 -0.009 254.202 -0.011
201906 -0.010 256.143 -0.012
201909 -0.013 256.759 -0.015
201912 -0.014 256.974 -0.016
202003 -0.017 258.115 -0.020
202006 -0.021 257.797 -0.024
202009 -0.023 260.280 -0.026
202012 -0.026 260.474 -0.030
202103 -0.026 264.877 -0.029
202106 -0.029 271.696 -0.032
202109 -0.029 274.310 -0.031
202112 -0.032 278.802 -0.034
202203 -0.033 287.504 -0.034
202206 -0.032 296.311 -0.032
202209 -0.032 296.808 -0.032
202212 -0.036 296.797 -0.036

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.


Andrea Electronics Business Description

Address 620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.