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STR Holdings (FRA:7S41) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is STR Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


STR Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for STR Holdings'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.

STR Holdings Cyclically Adjusted PB Ratio Chart

STR Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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STR Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of STR Holdings's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, STR Holdings'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.


STR Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



STR Holdings 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.

STR Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, STR Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.74/108.3294*108.3294
=0.740

Current CPI (Sep. 2019) = 108.3294.

STR Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200912 13.501 91.111 16.052
201003 15.007 91.821 17.705
201006 17.462 91.962 20.570
201009 17.365 92.162 20.411
201012 17.946 92.474 21.023
201103 17.663 94.283 20.294
201106 17.810 95.235 20.259
201109 20.877 95.727 23.625
201112 18.107 95.213 20.601
201203 13.688 96.783 15.321
201206 14.253 96.819 15.947
201209 13.967 97.633 15.497
201212 6.989 96.871 7.816
201303 6.856 98.209 7.562
201306 6.506 98.518 7.154
201309 6.157 98.790 6.752
201312 5.849 98.326 6.444
201403 6.693 99.695 7.273
201406 6.637 100.560 7.150
201409 6.575 100.428 7.092
201412 2.590 99.070 2.832
201503 2.746 99.621 2.986
201506 2.492 100.684 2.681
201509 2.406 100.392 2.596
201512 2.372 99.792 2.575
201603 2.202 100.470 2.374
201606 1.935 101.688 2.061
201609 1.767 101.861 1.879
201612 1.628 101.863 1.731
201703 1.463 102.862 1.541
201706 1.408 103.349 1.476
201709 1.304 104.136 1.357
201712 1.289 104.011 1.343
201803 1.274 105.290 1.311
201806 1.181 106.317 1.203
201809 1.115 106.507 1.134
201812 1.059 105.998 1.082
201903 0.922 107.251 0.931
201906 0.797 108.070 0.799
201909 0.740 108.329 0.740

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.


STR Holdings  (FRA:7S41) 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.


STR Holdings Cyclically Adjusted PB Ratio Related Terms

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STR Holdings (FRA:7S41) Business Description

Traded in Other Exchanges
N/A
Address
10 Water Street, Enfield, CT, USA, 06082
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.

STR Holdings (FRA:7S41) Headlines

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