GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vector Inc (FRA:7MZ) » Definitions » Cyclically Adjusted PB Ratio

Vector (FRA:7MZ) Cyclically Adjusted PB Ratio : 5.46 (As of Jun. 09, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Vector Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Vector's current share price is €7.70. Vector's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €1.41. Vector's Cyclically Adjusted PB Ratio for today is 5.46.

The historical rank and industry rank for Vector's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:7MZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 5.86   Max: 8.62
Current: 5.68

During the past years, Vector's highest Cyclically Adjusted PB Ratio was 8.62. The lowest was 1.64. And the median was 5.86.

FRA:7MZ's Cyclically Adjusted PB Ratio is ranked worse than
92.5% of 693 companies
in the Media - Diversified industry
Industry Median: 1.13 vs FRA:7MZ: 5.68

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Vector's adjusted book value per share data for the three months ended in Feb. 2024 was €2.136. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €1.41 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vector Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vector'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.

* Premium members only.

Vector Cyclically Adjusted PB Ratio Chart

Vector Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.42 6.45 6.99 5.32

Vector Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.99 6.34 6.26 4.89 5.32

Competitive Comparison of Vector's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Vector'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.


Vector's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vector's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vector 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.

Vector's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.70/1.41
=5.46

* 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.

Vector's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Vector's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2.136/106.9000*106.9000
=2.136

Current CPI (Feb. 2024) = 106.9000.

Vector Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.462 98.100 0.503
201408 0.504 98.300 0.548
201411 0.796 97.900 0.869
201502 0.928 97.600 1.016
201505 0.933 98.700 1.011
201508 0.946 98.400 1.028
201511 1.033 98.100 1.126
201602 1.106 97.800 1.209
201605 1.257 98.200 1.368
201608 1.423 97.900 1.554
201611 1.482 98.600 1.607
201702 1.572 98.100 1.713
201705 1.547 98.600 1.677
201708 1.562 98.500 1.695
201711 1.649 99.100 1.779
201802 1.707 99.500 1.834
201805 1.787 99.300 1.924
201808 1.905 99.800 2.041
201811 1.931 100.000 2.064
201902 1.798 99.700 1.928
201905 1.818 100.000 1.943
201908 1.764 100.000 1.886
201911 1.854 100.500 1.972
202002 1.371 100.300 1.461
202005 2.724 100.100 2.909
202008 2.115 100.100 2.259
202011 2.150 99.500 2.310
202102 1.961 99.800 2.101
202105 1.921 99.400 2.066
202108 1.947 99.700 2.088
202111 2.027 100.100 2.165
202202 1.983 100.700 2.105
202205 1.978 101.800 2.077
202208 1.894 102.700 1.971
202211 1.902 103.900 1.957
202302 1.906 104.000 1.959
202305 1.965 105.100 1.999
202308 1.942 105.900 1.960
202311 2.073 106.900 2.073
202402 2.136 106.900 2.136

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.


Vector  (FRA:7MZ) 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.


Vector Cyclically Adjusted PB Ratio Related Terms

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


Vector (FRA:7MZ) Business Description

Traded in Other Exchanges
Address
4-15-1 Akasaka, Minato-ku, Akasaka Garden City, 18th Floor, Tokyo, JPN, 107-0052
Vector Inc is a Japanese-based company involved in four main businesses which are public relation (PR), Digital PR, Facebook marketing and Facebook marketing business. The company provides various services as per the requirements of companies and consumers. In addition, it also offers other services covering areas such as management, finance, accounting, human resources, administration, internal controls, and audits.

Vector (FRA:7MZ) Headlines

No Headlines