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Cambex (Cambex) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)


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What is Cambex Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cambex Cyclically Adjusted PB Ratio Historical Data

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

Cambex Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Cyclically Adjusted PB Ratio
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Cambex Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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Competitive Comparison of Cambex's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Cambex'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.


Cambex's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cambex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cambex 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.

Cambex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2007 is calculated as:

For example, Cambex's adjusted Book Value per Share data for the three months ended in Mar. 2007 was:

Adj_Book=Book Value per Share/CPI of Mar. 2007 (Change)*Current CPI (Mar. 2007)
=-0.116/86.6402*86.6402
=-0.116

Current CPI (Mar. 2007) = 86.6402.

Cambex Quarterly Data

Book Value per Share CPI Adj_Book
199603 1.234 65.692 1.628
199606 1.120 66.113 1.468
199609 1.024 66.578 1.333
199612 0.388 66.915 0.502
199703 0.253 67.506 0.325
199712 -0.339 68.054 -0.432
199812 -0.600 69.151 -0.752
199903 -0.589 69.615 -0.733
199906 -0.572 70.122 -0.707
199909 -0.544 70.839 -0.665
199912 -0.582 71.008 -0.710
200003 -0.534 72.231 -0.641
200006 -0.679 72.737 -0.809
200009 -0.732 73.286 -0.865
200012 -0.826 73.413 -0.975
200103 -0.797 74.341 -0.929
200106 -0.835 75.100 -0.963
200109 -0.860 75.227 -0.990
200112 -0.897 74.552 -1.042
200203 -0.432 75.438 -0.496
200206 -0.292 75.902 -0.333
200209 -0.310 76.366 -0.352
200212 -0.318 76.324 -0.361
200303 -0.316 77.716 -0.352
200306 -0.315 77.505 -0.352
200309 -0.313 78.138 -0.347
200312 -0.312 77.758 -0.348
200403 -0.295 79.066 -0.323
200406 -0.288 80.037 -0.312
200409 -0.275 80.121 -0.297
200412 -0.244 80.290 -0.263
200503 -0.236 81.555 -0.251
200506 -0.197 82.062 -0.208
200509 -0.170 83.876 -0.176
200512 -0.163 83.032 -0.170
200603 -0.133 84.298 -0.137
200606 -0.131 85.606 -0.133
200609 -0.117 85.606 -0.118
200612 -0.121 85.142 -0.123
200703 -0.116 86.640 -0.116

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.


Cambex  (OTCPK:CBEX) 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.


Cambex Cyclically Adjusted PB Ratio Related Terms

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


Cambex (Cambex) Business Description

Industry
Traded in Other Exchanges
N/A
Address
115 Flanders Road, Westborough, MA, USA, 01581
Cambex Corp provides products and services for optimizing storage network productivity and application performance. Its products line includes storage caching appliances, server memory, fiber channel host bus adapters, and high availability software. The firm also offers SAN Optimization and Legacy Application Modernization services.

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