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BioLargo (BioLargo) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is BioLargo Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BioLargo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BioLargo'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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BioLargo Cyclically Adjusted PB Ratio Chart

BioLargo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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BioLargo 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 BioLargo's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, BioLargo'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.


BioLargo's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BioLargo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BioLargo 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.

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

For example, BioLargo'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)
=0.023/129.4194*129.4194
=0.023

Current CPI (Dec. 2023) = 129.4194.

BioLargo Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.001 99.695 0.001
201406 -0.001 100.560 -0.001
201409 -0.005 100.428 -0.006
201412 -0.005 99.070 -0.007
201503 -0.005 99.621 -0.006
201506 -0.006 100.684 -0.008
201509 0.002 100.392 0.003
201512 0.004 99.792 0.005
201603 -0.006 100.470 -0.008
201606 -0.013 101.688 -0.017
201609 -0.008 101.861 -0.010
201612 -0.014 101.863 -0.018
201703 -0.022 102.862 -0.028
201706 -0.038 103.349 -0.048
201709 -0.030 104.136 -0.037
201712 -0.039 104.011 -0.049
201803 -0.049 105.290 -0.060
201806 -0.009 106.317 -0.011
201809 -0.010 106.507 -0.012
201812 -0.011 105.998 -0.013
201903 -0.014 107.251 -0.017
201906 -0.015 108.070 -0.018
201909 -0.007 108.329 -0.008
201912 -0.013 108.420 -0.016
202003 -0.015 108.902 -0.018
202006 0.014 108.767 0.017
202009 0.021 109.815 0.025
202012 0.017 109.897 0.020
202103 0.020 111.754 0.023
202106 0.020 114.631 0.023
202109 0.019 115.734 0.021
202112 0.018 117.630 0.020
202203 0.017 121.301 0.018
202206 0.017 125.017 0.018
202209 0.018 125.227 0.019
202212 0.018 125.222 0.019
202303 0.022 127.348 0.022
202306 0.026 128.729 0.026
202309 0.024 129.860 0.024
202312 0.023 129.419 0.023

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.


BioLargo  (OTCPK:BLGO) 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.


BioLargo Cyclically Adjusted PB Ratio Related Terms

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BioLargo (BioLargo) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14921 Chestnut Street, Westminster, CA, USA, 92683
BioLargo Inc invents, develops, and commercializes platform technologies to solve challenging environmental problems like PFAS contamination, advanced water, and wastewater treatment, industrial odor, and VOC control, air quality control, and infection control. The company holds a wide array of issued patents, maintains a robust pipeline of products, and provides full-service environmental engineering. BioLargo invents or acquires novel technologies and develops them to maturity through its operating subsidiaries. It monetizes through direct sales, recurring service contracts, licensing agreements, strategic joint venture formation, and/or the sale of the IP. The firm's technologies are commercially available and are advancing as disrupters in their respective markets.
Executives
Linda Park director 14921 CHESTNUT STREET, WESTMINSTER CA 92683
Christina Elaine Bray director PO BOX 234, FREDERICK CO 80530
Jack B. Strommen director 7108 31ST AVENUE N., MINNEAPOLIS MN 55427
Roberts Kent Charles Ii director 1146 OXFORD ROAD, SAN MARINO CA 91108
John S. Runyan director 30001 HILLSIDE TERRACE, SAN JUAN CAPISTRANO CA 92675
Dennis E Marshall director 3500 W. GARRY AVENUE, SANTA ANA CA 92705
Dennis P Calvert director, 10 percent owner, officer: Chief Executive Officer 3500 GARRY AVE, SANTA ANA CA 92704
New Millennium Capital Partners, Llc 10 percent owner 16333 PHOEBE AVENUE, LA MIRADA CA 90638
Charles K Dargan officer: Chief Financial Officer 8055 W. MANCHESTER AVE., SUITE 405, PLAYA DEL REY CA 90293
Joseph L Provenzano director, officer: Corporate Secretary 3500 W. GARRY AVENUE, SANTA ANA CA 92704
Iowc Technologies, Inc. 10 percent owner 2603 MAIN STREET, SUITE 1155, IRVINE CA 92614
Kenneth Reay Code 10 percent owner 16150 HERON AVENUE, LA MIRADA CA 90638
Gary Adrian Cox director 3500 W. GARRY AVENUE, SANTA ANA CA 92705
Steven V Harrison director
Eduardo Ruiz director, 10 percent owner