GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hauppauge Digital (FRA:HPP) » Definitions » Cyclically Adjusted PB Ratio

Hauppauge Digital (FRA:HPP) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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

What is Hauppauge Digital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hauppauge Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hauppauge Digital'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.

Hauppauge Digital Cyclically Adjusted PB Ratio Chart

Hauppauge Digital Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hauppauge Digital Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 - - - - -

Competitive Comparison of Hauppauge Digital's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Hauppauge Digital'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.


Hauppauge Digital's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Hauppauge Digital 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.

Hauppauge Digital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2014 is calculated as:

For example, Hauppauge Digital's adjusted Book Value per Share data for the three months ended in Mar. 2014 was:

Adj_Book=Book Value per Share/CPI of Mar. 2014 (Change)*Current CPI (Mar. 2014)
=-0.213/99.6945*99.6945
=-0.213

Current CPI (Mar. 2014) = 99.6945.

Hauppauge Digital Quarterly Data

Book Value per Share CPI Adj_Book
200406 1.398 80.037 1.741
200409 1.144 80.121 1.423
200412 1.234 80.290 1.532
200503 1.275 81.555 1.559
200506 1.771 82.062 2.152
200509 1.359 83.876 1.615
200512 1.341 83.032 1.610
200603 1.497 84.298 1.770
200606 1.480 85.606 1.724
200609 1.319 85.606 1.536
200612 1.533 85.142 1.795
200703 1.526 86.640 1.756
200706 1.789 87.906 2.029
200709 1.635 87.964 1.853
200712 1.680 88.616 1.890
200803 1.542 90.090 1.706
200806 1.487 92.320 1.606
200809 1.324 92.307 1.430
200812 1.271 88.697 1.429
200903 1.153 89.744 1.281
200906 0.981 91.003 1.075
200909 0.842 91.120 0.921
200912 0.817 91.111 0.894
201003 0.781 91.821 0.848
201006 0.882 91.962 0.956
201009 0.756 92.162 0.818
201012 0.711 92.474 0.767
201103 0.577 94.283 0.610
201106 0.465 95.235 0.487
201109 0.319 95.727 0.332
201112 0.359 95.213 0.376
201203 0.342 96.783 0.352
201206 0.274 96.819 0.282
201209 0.151 97.633 0.154
201212 0.252 96.871 0.259
201303 0.206 98.209 0.209
201306 0.065 98.518 0.066
201309 -0.152 98.790 -0.153
201312 -0.172 98.326 -0.174
201403 -0.213 99.695 -0.213

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.


Hauppauge Digital  (FRA:HPP) 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.


Hauppauge Digital Cyclically Adjusted PB Ratio Related Terms

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


Hauppauge Digital (FRA:HPP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
909 Motor Parkway, Hauppauge, NY, USA, 11788
Hauppauge Digital Inc is a developer of analog and digital TV tuner and other products for the personal computer market. Its product portfolio covers USB TV tuners, HD video recorders, Internal TV tuners, Digital CableCARD tuners, Analog video capture products, European Digital TV Receivers and Digital media adapters, among others. The company has an international global presence.