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Aquarius Surgical Technologies (Aquarius Surgical Technologies) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Aquarius Surgical Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aquarius Surgical 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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Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Chart

Aquarius Surgical Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Aquarius Surgical Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Aquarius Surgical Technologies's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Aquarius Surgical 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.


Aquarius Surgical Technologies's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aquarius Surgical Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aquarius Surgical 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.

Aquarius Surgical Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aquarius Surgical Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.118/125.0724*125.0724
=-0.118

Current CPI (Dec. 2023) = 125.0724.

Aquarius Surgical Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.613 98.604 -0.778
201406 -0.638 99.473 -0.802
201409 -0.656 99.394 -0.825
201412 -0.627 98.367 -0.797
201503 -0.575 99.789 -0.721
201506 -0.587 100.500 -0.731
201509 -0.549 100.421 -0.684
201512 -0.533 99.947 -0.667
201603 -0.541 101.054 -0.670
201606 -0.556 102.002 -0.682
201609 -0.552 101.765 -0.678
201612 -0.546 101.449 -0.673
201703 0.223 102.634 0.272
201706 0.205 103.029 0.249
201709 0.246 103.345 0.298
201712 0.214 103.345 0.259
201803 0.005 105.004 0.006
201806 0.010 105.557 0.012
201809 -0.002 105.636 -0.002
201812 -0.013 105.399 -0.015
201903 -0.017 106.979 -0.020
201906 -0.011 107.690 -0.013
201909 -0.023 107.611 -0.027
201912 -0.018 107.769 -0.021
202003 -0.022 107.927 -0.025
202006 -0.033 108.401 -0.038
202009 -0.045 108.164 -0.052
202012 -0.055 108.559 -0.063
202103 -0.083 110.298 -0.094
202106 -0.094 111.720 -0.105
202109 -0.097 112.905 -0.107
202112 -0.102 113.774 -0.112
202203 -0.107 117.646 -0.114
202206 -0.112 120.806 -0.116
202209 -0.113 120.648 -0.117
202212 -0.097 120.964 -0.100
202303 -0.102 122.702 -0.104
202306 -0.110 124.203 -0.111
202309 -0.113 125.230 -0.113
202312 -0.118 125.072 -0.118

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.


Aquarius Surgical Technologies  (OTCPK:AQQRF) 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.


Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Related Terms

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Aquarius Surgical Technologies (Aquarius Surgical Technologies) Business Description

Traded in Other Exchanges
Address
89 Scollard Street, Toronto, ON, CAN, M5R 1G4
Aquarius Surgical Technologies Inc is engaged in the development, sale, distribution, marketing, and exploitation of laser-driven technologies for use in surgical environments, principally in the field of urology. The company derives revenue from the sale of medical devices and fiber-optic delivery devices. Geographically, it has a presence in Canada, the United States, and the Dominican Republic.