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Axcap Ventures (Axcap Ventures) Cyclically Adjusted PB Ratio : 0.14 (As of Jun. 21, 2024)


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What is Axcap Ventures Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Axcap Ventures's current share price is $0.19753. Axcap Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.46. Axcap Ventures's Cyclically Adjusted PB Ratio for today is 0.14.

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

GARLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.27
Current: 0.04

During the past years, Axcap Ventures's highest Cyclically Adjusted PB Ratio was 0.27. The lowest was 0.00. And the median was 0.00.

GARLF's Cyclically Adjusted PB Ratio is ranked better than
96.91% of 97 companies
in the Diversified Financial Services industry
Industry Median: 0.94 vs GARLF: 0.04

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.

Axcap Ventures's adjusted book value per share data for the three months ended in Mar. 2024 was $0.264. 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 $1.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axcap Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Axcap Ventures'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.

Axcap Ventures Cyclically Adjusted PB Ratio Chart

Axcap Ventures Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.08

Axcap Ventures 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 - - - 0.08 0.08

Competitive Comparison of Axcap Ventures's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Axcap Ventures'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.


Axcap Ventures's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Axcap Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Axcap Ventures 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.

Axcap Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.19753/1.46
=0.14

* 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.

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

For example, Axcap Ventures'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)
=0.264/126.2576*126.2576
=0.264

Current CPI (Mar. 2024) = 126.2576.

Axcap Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.579 98.920 -0.739
201407 -1.658 99.315 -2.108
201410 5.492 99.473 6.971
201501 0.871 98.209 1.120
201504 0.000 99.710 0.000
201507 -0.982 100.579 -1.233
201510 -1.384 100.500 -1.739
201601 -1.859 100.184 -2.343
201604 -2.351 101.370 -2.928
201607 -2.778 101.844 -3.444
201610 -3.783 102.002 -4.683
201701 -3.569 102.318 -4.404
201704 -3.761 103.029 -4.609
201707 -4.381 103.029 -5.369
201710 0.829 103.424 1.012
201801 38.101 104.056 46.230
201806 10.204 105.557 12.205
201809 9.661 105.636 11.547
201812 7.945 105.399 9.517
201903 7.015 106.979 8.279
201906 6.183 107.690 7.249
201909 3.752 107.611 4.402
201912 2.848 107.769 3.337
202003 2.316 107.927 2.709
202006 3.082 108.401 3.590
202009 6.379 108.164 7.446
202012 3.972 108.559 4.620
202103 2.623 110.298 3.003
202106 3.414 111.720 3.858
202109 2.712 112.905 3.033
202112 2.767 113.774 3.071
202203 1.335 117.646 1.433
202206 0.894 120.806 0.934
202209 0.892 120.648 0.933
202212 0.834 120.964 0.870
202303 0.931 122.702 0.958
202306 0.882 124.203 0.897
202309 0.322 125.230 0.325
202312 0.258 125.072 0.260
202403 0.264 126.258 0.264

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.


Axcap Ventures  (OTCPK:GARLF) 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.


Axcap Ventures Cyclically Adjusted PB Ratio Related Terms

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


Axcap Ventures (Axcap Ventures) Business Description

Traded in Other Exchanges
Address
488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Axcap Ventures Inc focuses on investing in various industries, including life sciences, mining and exploration, industrial, and technology.

Axcap Ventures (Axcap Ventures) Headlines

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