AQQRF (Aquarius Surgical Technologies) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

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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  (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


Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Chart

Aquarius Surgical Technologies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Aquarius Surgical Technologies Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

AQQRF vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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. 2025 is calculated as:

For example, Aquarius Surgical Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.17/130.3661*130.3661
=-0.170

Current CPI (Dec. 2025) = 130.3661.

Aquarius Surgical Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201603 -0.541 101.054 -0.698
201606 -0.556 102.002 -0.711
201609 -0.552 101.765 -0.707
201612 -0.546 101.449 -0.702
201703 0.223 102.634 0.283
201706 0.205 103.029 0.259
201709 0.246 103.345 0.310
201712 0.214 103.345 0.270
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 -0.016
201903 -0.017 106.979 -0.021
201906 -0.011 107.690 -0.013
201909 -0.023 107.611 -0.028
201912 -0.018 107.769 -0.022
202003 -0.022 107.927 -0.027
202006 -0.033 108.401 -0.040
202009 -0.045 108.164 -0.054
202012 -0.055 108.559 -0.066
202103 -0.083 110.298 -0.098
202106 -0.094 111.720 -0.110
202109 -0.097 112.905 -0.112
202112 -0.102 113.774 -0.117
202203 -0.107 117.646 -0.119
202206 -0.112 120.806 -0.121
202209 -0.113 120.648 -0.122
202212 -0.097 120.964 -0.105
202303 -0.102 122.702 -0.108
202306 -0.110 124.203 -0.115
202309 -0.113 125.230 -0.118
202312 -0.118 125.072 -0.123
202403 -0.123 126.258 -0.127
202406 0.000 127.522 0.000
202409 -0.135 127.285 -0.138
202412 -0.135 127.364 -0.138
202503 -0.146 129.181 -0.147
202506 -0.134 129.892 -0.134
202509 -0.154 130.287 -0.154
202512 -0.170 130.366 -0.170

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 Business Description

Other Exchanges ASTI:Canada
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. Through its subsidiary, the company operates as an international distributor, service, and support organization providing integrated laser-based solutions across multiple medical disciplines. These disciplines include urology, gynecology, ophthalmology, thoracic, ENT, cardiovascular, and neurosurgery, many of which are now considered the standard of care for treatment. Geographically, the company generates maximum revenue from the sale of medical devices in the United States, and also has its presence in Canada.