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Dionics (Dionics) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is Dionics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dionics Cyclically Adjusted PB Ratio Historical Data

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

Dionics Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
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Dionics Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Dionics's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Dionics'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.


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

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

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



Dionics 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.

Dionics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2012 is calculated as:

For example, Dionics's adjusted Book Value per Share data for the three months ended in Sep. 2012 was:

Adj_Book=Book Value per Share/CPI of Sep. 2012 (Change)*Current CPI (Sep. 2012)
=0.685/94.4821*94.4821
=0.685

Current CPI (Sep. 2012) = 94.4821.

Dionics Quarterly Data

Book Value per Share CPI Adj_Book
200212 -0.148 70.546 -0.198
200303 -0.174 71.532 -0.230
200306 -0.178 70.039 -0.240
200309 -0.179 71.018 -0.238
200312 -0.223 72.808 -0.289
200403 -0.217 73.682 -0.278
200406 -0.106 73.459 -0.136
200409 -0.075 74.637 -0.095
200412 -0.058 74.488 -0.074
200503 -0.066 75.597 -0.082
200506 -0.072 74.618 -0.091
200509 0.006 75.290 0.008
200512 -0.015 75.666 -0.019
200603 -0.016 76.340 -0.020
200606 -0.012 76.034 -0.015
200609 -0.016 76.413 -0.020
200612 -0.015 77.793 -0.018
200703 -0.004 78.884 -0.005
200706 -0.004 79.357 -0.005
200709 0.000 81.276 0.000
200712 -0.002 82.911 -0.002
200803 0.001 85.485 0.001
200806 0.010 85.058 0.011
200809 0.012 85.057 0.013
200812 0.020 83.956 0.023
200903 0.014 84.457 0.016
200906 0.014 83.615 0.016
200909 0.003 84.369 0.003
200912 0.018 85.386 0.020
201003 0.016 86.316 0.018
201006 0.015 85.886 0.017
201009 0.010 87.267 0.011
201012 0.003 89.289 0.003
201103 0.000 91.154 0.000
201106 0.007 91.612 0.007
201109 0.003 92.711 0.003
201112 -0.001 92.885 -0.001
201203 -0.009 94.367 -0.009
201206 0.626 93.495 0.633
201209 0.685 94.482 0.685

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.


Dionics  (OTCPK:DION) 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.


Dionics Cyclically Adjusted PB Ratio Related Terms

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


Dionics (Dionics) Business Description

Industry
Traded in Other Exchanges
N/A
Address
96-B Urban Avenue, Westbury, New York, NY, USA, 11590
Dionics Inc is engaged in the design and manufacturing of Photovoltaic (PV) optically-isolated driver. The company offers Optoelectronic and Photovoltaic Components, Integrated Circuits, Semiconductor Devices, Lighting Devices, and Dual High-Current Photovoltaic Power Source. It distributes its products to the domestic and overseas market.
Executives
Rui Mai 10 percent owner NUMBER 01 COMMERCIAL ST, KUNTAI INT CTR CHAOWAI ROAD, CHAOYANG DISTRICT BEIJING F4 100020
Sage Explorer Holding Ltd 10 percent owner NUMBER 01 COMMERCIAL ST, KUNTAI INT CTR CHAOWAI ROAD, CHAOYANG DISTRICT BEIJING F4 100020
Roy Teng director 570 LEXINGTON AVENUE NEW YORK NY 10022
David M Kaye director 639 KNOLLWOOD TERRACE, WESTFIELD NJ 07090

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