CVST (Covista Communications) Cyclically Adjusted PB Ratio: (As of Jul. 07, 2026)

Covista Communications  (OTCPK:CVST) 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.

Covista Communications Cyclically Adjusted PB Ratio Related Terms

The historical data trend for Covista Communications'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.

Covista Communications Cyclically Adjusted PB Ratio Chart

Covista Communications Annual Data
	Trend	Jan96	Jan97	Jan98	Jan99	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					0.00	0.00	0.00	0.00	0.00

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

CVST vs FULO, TWER, DTGI: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Covista Communications'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.

Covista Communications Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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

Covista Communications 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.

Covista Communications's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2005 is calculated as:

For example, Covista Communications's adjusted Book Value per Share data for the three months ended in Apr. 2005 was:

Current CPI (Apr. 2005) = 194.6000.

Covista Communications Quarterly Data

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.

Covista Communications Business Description