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Competitive (Competitive) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Competitive Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Competitive Cyclically Adjusted PB Ratio Historical Data

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

Competitive Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Competitive Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Competitive's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Competitive'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.


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

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

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



Competitive 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.

Competitive's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, Competitive's adjusted Book Value per Share data for the three months ended in Sep. 2017 was:

Adj_Book=Book Value per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=-0.001/104.1356*104.1356
=-0.001

Current CPI (Sep. 2017) = 104.1356.

Competitive Quarterly Data

Book Value per Share CPI Adj_Book
200712 -0.001 88.616 -0.001
200803 -0.002 90.090 -0.002
200806 -0.003 92.320 -0.003
200809 -0.002 92.307 -0.002
200812 -0.002 88.697 -0.002
200903 -0.002 89.744 -0.002
200906 -0.009 91.003 -0.010
200909 -0.009 91.120 -0.010
200912 -0.011 91.111 -0.013
201003 -0.011 91.821 -0.012
201006 -0.012 91.962 -0.014
201009 -0.011 92.162 -0.012
201012 -0.006 92.474 -0.007
201103 -0.005 94.283 -0.006
201106 -0.006 95.235 -0.007
201109 -0.005 95.727 -0.005
201112 -0.006 95.213 -0.007
201203 -0.007 96.783 -0.008
201206 -0.006 96.819 -0.006
201209 -0.005 97.633 -0.005
201212 -0.005 96.871 -0.005
201303 -0.007 98.209 -0.007
201306 -0.009 98.518 -0.010
201309 -0.011 98.790 -0.012
201312 -0.015 98.326 -0.016
201403 -0.017 99.695 -0.018
201406 -0.022 100.560 -0.023
201409 -0.024 100.428 -0.025
201412 -0.028 99.070 -0.029
201503 -0.030 99.621 -0.031
201506 -0.031 100.684 -0.032
201509 -0.033 100.392 -0.034
201512 -0.014 99.792 -0.015
201603 -0.037 100.470 -0.038
201606 -0.040 101.688 -0.041
201609 -0.039 101.861 -0.040
201612 0.001 101.863 0.001
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 -0.001 104.136 -0.001

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.


Competitive  (GREY:CCOP) 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.


Competitive Cyclically Adjusted PB Ratio Related Terms

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Competitive (Competitive) Business Description

Traded in Other Exchanges
N/A
Address
19206 Huebner Road, Suite 202, San Antonio, TX, USA, 78258
Competitive Companies Inc is a US-based firm engaged in the telecommunication service business. The company is a holding company through its subsidiaries engages in providing fixed and mobile wireless broadband Internet services nationally and internationally to wholesale, retail and enterprise customers. Most of its revenues are generated from the sale of wired and wireless services such as data cards and back-office platforms.

Competitive (Competitive) Headlines

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