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magicJack VocalTec (magicJack VocalTec) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is magicJack VocalTec Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


magicJack VocalTec Cyclically Adjusted PB Ratio Historical Data

The historical data trend for magicJack VocalTec'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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magicJack VocalTec Cyclically Adjusted PB Ratio Chart

magicJack VocalTec Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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magicJack VocalTec Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of magicJack VocalTec's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, magicJack VocalTec'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.


magicJack VocalTec's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, magicJack VocalTec's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



magicJack VocalTec 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.

magicJack VocalTec's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, magicJack VocalTec's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=3.029/106.5067*106.5067
=3.029

Current CPI (Sep. 2018) = 106.5067.

magicJack VocalTec Quarterly Data

Book Value per Share CPI Adj_Book
200803 0.000 90.090 0.000
200806 0.884 92.320 1.020
200809 3.369 92.307 3.887
200812 3.607 88.697 4.331
200909 3.338 91.120 3.902
200912 -21.101 91.111 -24.667
201006 0.000 91.962 0.000
201009 -0.021 92.162 -0.024
201012 -0.005 92.474 -0.006
201103 0.000 94.283 0.000
201106 -0.308 95.235 -0.344
201109 -0.657 95.727 -0.731
201112 -1.246 95.213 -1.394
201203 -1.011 96.783 -1.113
201206 -2.423 96.819 -2.665
201209 -1.408 97.633 -1.536
201212 -1.324 96.871 -1.456
201303 -0.968 98.209 -1.050
201306 -0.499 98.518 -0.539
201309 -0.041 98.790 -0.044
201312 2.100 98.326 2.275
201403 2.528 99.695 2.701
201406 2.801 100.560 2.967
201409 2.883 100.428 3.058
201412 2.747 99.070 2.953
201503 2.892 99.621 3.092
201506 3.178 100.684 3.362
201509 3.148 100.392 3.340
201512 3.054 99.792 3.259
201603 3.224 100.470 3.418
201606 3.478 101.688 3.643
201609 3.750 101.861 3.921
201612 3.666 101.863 3.833
201703 2.274 102.862 2.355
201706 2.193 103.349 2.260
201709 2.392 104.136 2.446
201712 2.258 104.011 2.312
201803 2.483 105.290 2.512
201806 2.791 106.317 2.796
201809 3.029 106.507 3.029

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.


magicJack VocalTec  (NAS:CALL) 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.


magicJack VocalTec Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of magicJack VocalTec's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


magicJack VocalTec (magicJack VocalTec) Business Description

Traded in Other Exchanges
N/A
Address
magicJack VocalTec Ltd is a cloud communications company. It provides VoIP services including magicJack, magicJack Go and MagicJack Plus. The company owns the United States Wireline-based Telecom company in terms of home phone numbers available and certifications. It also owns softphone, session border controller, app server and chip companies. The company also provides Unified Communication as a Service (UCaaS) for medium-to-large multi-location enterprise customers, through its Broadsmart division.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Bell Don Carlos Iii director, officer: President and CEO 3713 SOUTHWESTERN BLVD, DALLAS TX 75225
Jose Gordo officer: Chief Financial Officer C/O YMAX CORPORATION, 5700 GEORGIA AVENUE, WEST PALM BEACH FL 33405
Adams Street Partners Llc 10 percent owner ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807

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