GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackboxstocks Inc (FRA:LI50) » Definitions » Cyclically Adjusted PB Ratio

Blackboxstocks (FRA:LI50) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Blackboxstocks 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


Blackboxstocks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blackboxstocks'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.

Blackboxstocks Cyclically Adjusted PB Ratio Chart

Blackboxstocks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 43.74

Blackboxstocks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 794.85 43.74 21.48

Competitive Comparison of Blackboxstocks's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Blackboxstocks'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.


Blackboxstocks's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Blackboxstocks 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.883/131.7762*131.7762
=1.883

Current CPI (Mar. 2024) = 131.7762.

Blackboxstocks Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 -0.016 100.428 -0.021
201412 0.066 99.070 0.088
201503 -0.014 99.621 -0.019
201506 -0.023 100.684 -0.030
201509 0.000 100.392 0.000
201512 0.105 99.792 0.139
201603 0.034 100.470 0.045
201606 -0.055 101.688 -0.071
201609 -0.081 101.861 -0.105
201612 0.464 101.863 0.600
201703 0.365 102.862 0.468
201706 0.184 103.349 0.235
201709 0.093 104.136 0.118
201712 -0.078 104.011 -0.099
201803 -0.160 105.290 -0.200
201806 -0.278 106.317 -0.345
201809 -0.425 106.507 -0.526
201812 -0.527 105.998 -0.655
201903 -0.620 107.251 -0.762
201906 -0.569 108.070 -0.694
201909 -0.683 108.329 -0.831
201912 -1.522 108.420 -1.850
202003 -1.456 108.902 -1.762
202006 -1.215 108.767 -1.472
202009 -0.711 109.815 -0.853
202012 -0.689 109.897 -0.826
202103 -0.561 111.754 -0.662
202106 -0.639 114.631 -0.735
202109 -0.569 115.734 -0.648
202112 2.112 117.630 2.366
202203 1.662 121.301 1.806
202206 1.308 125.017 1.379
202209 0.995 125.227 1.047
202212 0.623 125.222 0.656
202303 0.288 127.348 0.298
202306 2.424 128.729 2.481
202309 2.299 129.860 2.333
202312 2.091 129.419 2.129
202403 1.883 131.776 1.883

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.


Blackboxstocks  (FRA:LI50) 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.


Blackboxstocks Cyclically Adjusted PB Ratio Related Terms

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


Blackboxstocks (FRA:LI50) Business Description

Industry
Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1485, Dallas, TX, USA, 75240
Blackboxstocks Inc is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Its web-based software (the Blackbox System) employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity that may result in a rapid change in the price of a stock or option. It provides users with a fully interactive social media platform that is integrated into its dashboard, enabling users to exchange information and ideas quickly and efficiently through a common network. It introduced a live audio/video feature that allows members to broadcast on their channels to share trading strategies and market insight within the Blackbox community.

Blackboxstocks (FRA:LI50) Headlines

No Headlines