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Avidus Management Group (Avidus Management Group) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Avidus Management Group Cyclically Adjusted PB Ratio?

Avidus Management Group does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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Avidus Management Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avidus Management 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.

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Avidus Management Group Cyclically Adjusted PB Ratio Chart

Avidus Management Group Annual Data
Trend Oct08 Oct09 Oct10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Avidus Management Group Quarterly Data
Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Avidus Management Group's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Avidus Management 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.


Avidus Management Group's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Avidus Management Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Avidus Management 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.

Avidus Management Group does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Avidus Management Group  (OTCPK:ASNHF) 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.


Avidus Management Group Cyclically Adjusted PB Ratio Related Terms

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Avidus Management Group (Avidus Management Group) Business Description

Traded in Other Exchanges
N/A
Address
10153 East Hampton Avenue, Suite 101, Mesa, AZ, USA, 85209
Avidus Management Group Inc is a Canada based marketer and distributor of nutraceutical products. It is principally engaged in the sales of nutraceuticals and health aids to retail vendors and to individuals or businesses. The company sells its products in the United States and Canada, of which majority of the revenue is generated from the United States.

Avidus Management Group (Avidus Management Group) Headlines

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