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Thermic Sciences International (Thermic Sciences International) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Thermic Sciences International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thermic Sciences International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thermic Sciences International'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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Thermic Sciences International Cyclically Adjusted PB Ratio Chart

Thermic Sciences International Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Thermic Sciences International Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Thermic Sciences International's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Thermic Sciences International'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.


Thermic Sciences International's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thermic Sciences International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thermic Sciences International 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.

Thermic Sciences International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2013 is calculated as:

For example, Thermic Sciences International's adjusted Book Value per Share data for the three months ended in Mar. 2013 was:

Adj_Book=Book Value per Share/CPI of Mar. 2013 (Change)*Current CPI (Mar. 2013)
=-0.017/98.2094*98.2094
=-0.017

Current CPI (Mar. 2013) = 98.2094.

Thermic Sciences International Quarterly Data

Book Value per Share CPI Adj_Book
200306 -0.005 77.505 -0.006
200309 -0.005 78.138 -0.006
200312 -0.001 77.758 -0.001
200403 -0.025 79.066 -0.031
200406 -0.098 80.037 -0.120
200409 0.000 80.121 0.000
200412 -0.001 80.290 -0.001
200503 0.147 81.555 0.177
200506 0.255 82.062 0.305
200509 0.136 83.876 0.159
200512 -0.141 83.032 -0.167
200603 -0.007 84.298 -0.008
200606 -0.113 85.606 -0.130
200609 -0.372 85.606 -0.427
200612 -0.350 85.142 -0.404
200703 -0.472 86.640 -0.535
200706 -0.712 87.906 -0.795
200709 -0.527 87.964 -0.588
200712 0.222 88.616 0.246
200803 -0.159 90.090 -0.173
200806 -0.448 92.320 -0.477
200809 0.025 92.307 0.027
200812 -0.137 88.697 -0.152
200903 -0.210 89.744 -0.230
200906 -0.172 91.003 -0.186
200909 -0.186 91.120 -0.200
200912 -0.200 91.111 -0.216
201003 -0.200 91.821 -0.214
201006 -0.218 91.962 -0.233
201009 -0.230 92.162 -0.245
201012 -0.037 92.474 -0.039
201103 -0.080 94.283 -0.083
201106 0.030 95.235 0.031
201109 -0.063 95.727 -0.065
201112 -0.051 95.213 -0.053
201203 -0.038 96.783 -0.039
201206 -0.039 96.819 -0.040
201209 -0.036 97.633 -0.036
201212 -0.028 96.871 -0.028
201303 -0.017 98.209 -0.017

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.


Thermic Sciences International  (OTCPK:ENDO) 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.


Thermic Sciences International Cyclically Adjusted PB Ratio Related Terms

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Thermic Sciences International (Thermic Sciences International) Business Description

Traded in Other Exchanges
N/A
Address
2910 North Powers Boulevard, Suite 125, Colorado Springs, CO, USA, 80922
Thermic Sciences International Corp is engaged in Thermic Paints that provide infrared heating coatings for surface heating elements on low voltage.

Thermic Sciences International (Thermic Sciences International) Headlines

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