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Ecosphere Technologies (Ecosphere Technologies) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Ecosphere Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecosphere Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ecosphere Technologies'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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Ecosphere Technologies Cyclically Adjusted PB Ratio Chart

Ecosphere Technologies Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Ecosphere Technologies 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 Ecosphere Technologies's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Ecosphere Technologies'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.


Ecosphere Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecosphere Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ecosphere Technologies 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.

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

For example, Ecosphere Technologies'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)
=-0.108/104.1356*104.1356
=-0.108

Current CPI (Sep. 2017) = 104.1356.

Ecosphere Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200712 -0.107 88.616 -0.126
200803 -0.117 90.090 -0.135
200806 -0.101 92.320 -0.114
200809 -0.093 92.307 -0.105
200812 -0.122 88.697 -0.143
200903 -0.182 89.744 -0.211
200906 -0.207 91.003 -0.237
200909 -0.180 91.120 -0.206
200912 -0.166 91.111 -0.190
201003 -0.274 91.821 -0.311
201006 -0.089 91.962 -0.101
201009 -0.082 92.162 -0.093
201012 -0.082 92.474 -0.092
201103 -0.080 94.283 -0.088
201106 -0.108 95.235 -0.118
201109 -0.085 95.727 -0.092
201112 -0.074 95.213 -0.081
201203 -0.064 96.783 -0.069
201206 -0.053 96.819 -0.057
201209 -0.049 97.633 -0.052
201212 -0.050 96.871 -0.054
201303 -0.060 98.209 -0.064
201306 0.113 98.518 0.119
201309 0.097 98.790 0.102
201312 0.092 98.326 0.097
201403 0.074 99.695 0.077
201406 0.061 100.560 0.063
201409 0.057 100.428 0.059
201412 0.045 99.070 0.047
201503 0.032 99.621 0.033
201506 0.000 100.684 0.000
201509 -0.067 100.392 -0.069
201512 -0.074 99.792 -0.077
201603 -0.079 100.470 -0.082
201606 -0.085 101.688 -0.087
201609 -0.085 101.861 -0.087
201612 -0.092 101.863 -0.094
201703 -0.092 102.862 -0.093
201706 -0.096 103.349 -0.097
201709 -0.108 104.136 -0.108

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.


Ecosphere Technologies  (OTCPK:ESPHQ) 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.


Ecosphere Technologies Cyclically Adjusted PB Ratio Related Terms

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Ecosphere Technologies (Ecosphere Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3515 South East Lionel Terrace, Stuart, FL, USA, 34997
Ecosphere Technologies Inc is a property licensing company. It develops environmental solutions for global water, energy, industrial and agricultural markets. It increases production, reduces costs, and protect the environment through a portfolio of unique, patented technologies. Its patented technologies include technologies like Ozonix, the Ecos PowerCube and the Ecos GrowCube. Ecosphere's technologies and products are available through multiple brands and subsidiaries. Ecosphere is a single segmented company.
Executives
John P Brewster director, officer: CEO/President/Chairman 6106 TEZCUCO COURT, GONZALES LA 70737
Adrian Graham Goldfarb officer: Chief Financial Officer 7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Joe M Allbaugh director PO BOX 684784, AUSTIN TX 78768-4784
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203

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