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3Q Holdings Limited (ASX:TQH) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is 3Q Holdings Limited Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


3Q Holdings Limited Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 3Q Holdings Limited'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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3Q Holdings Limited Cyclically Adjusted PB Ratio Chart

3Q Holdings Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PB Ratio
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3Q Holdings Limited Quarterly Data
Cyclically Adjusted PB Ratio

Competitive Comparison of 3Q Holdings Limited's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, 3Q Holdings Limited'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.


3Q Holdings Limited's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, 3Q Holdings Limited's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 3Q Holdings Limited's Cyclically Adjusted PB Ratio falls into.



3Q Holdings Limited 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.

3Q Holdings Limited's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun12 is calculated as:

For example, 3Q Holdings Limited's adjusted Book Value per Share data for the fiscal year that ended in Jun12 was:

Adj_Book=Book Value per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=0.107/93.2436*93.2436
=0.107

Current CPI (Jun12) = 93.2436.

3Q Holdings Limited Annual Data

Book Value per Share CPI Adj_Book
200306 0.051 72.997 0.065
200406 0.017 74.855 0.021
200506 0.003 76.712 0.004
200606 0.032 79.777 0.037
200706 0.078 81.449 0.089
200806 0.067 85.071 0.073
200906 0.084 86.278 0.091
201006 0.088 88.971 0.092
201106 0.092 92.129 0.093
201206 0.107 93.244 0.107

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.


3Q Holdings Limited  (ASX:TQH) 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.


3Q Holdings Limited Cyclically Adjusted PB Ratio Related Terms

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3Q Holdings Limited (ASX:TQH) Business Description

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