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Geospace Technologies (Geospace Technologies) Cyclically Adjusted PB Ratio : 0.67 (As of May. 01, 2024)


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What is Geospace Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Geospace Technologies's current share price is $12.15. Geospace Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.24. Geospace Technologies's Cyclically Adjusted PB Ratio for today is 0.67.

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

GEOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.77   Max: 9.42
Current: 0.67

During the past years, Geospace Technologies's highest Cyclically Adjusted PB Ratio was 9.42. The lowest was 0.20. And the median was 0.77.

GEOS's Cyclically Adjusted PB Ratio is ranked better than
60.39% of 813 companies
in the Oil & Gas industry
Industry Median: 1.02 vs GEOS: 0.67

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.

Geospace Technologies's adjusted book value per share data for the three months ended in Dec. 2023 was $10.986. 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 $18.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Geospace Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Geospace Technologies'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.

Geospace Technologies Cyclically Adjusted PB Ratio Chart

Geospace Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.33 0.50 0.22 0.69

Geospace Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.22 0.36 0.41 0.69 0.71

Competitive Comparison of Geospace Technologies's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Geospace Technologies'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.


Geospace Technologies's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Geospace Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Geospace Technologies 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.

Geospace Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.15/18.24
=0.67

* 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.

Geospace Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Geospace Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.986/129.4194*129.4194
=10.986

Current CPI (Dec. 2023) = 129.4194.

Geospace Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.805 99.695 32.201
201406 25.228 100.560 32.468
201409 25.044 100.428 32.274
201412 24.442 99.070 31.930
201503 23.981 99.621 31.154
201506 23.504 100.684 30.212
201509 22.028 100.392 28.397
201512 20.798 99.792 26.973
201603 20.056 100.470 25.835
201606 19.287 101.688 24.547
201609 18.342 101.861 23.304
201612 17.408 101.863 22.117
201703 16.750 102.862 21.075
201706 15.822 103.349 19.813
201709 14.522 104.136 18.048
201712 13.709 104.011 17.058
201803 13.456 105.290 16.540
201806 13.056 106.317 15.893
201809 12.984 106.507 15.777
201812 12.572 105.998 15.350
201903 12.687 107.251 15.309
201906 12.472 108.070 14.936
201909 13.121 108.329 15.675
201912 13.082 108.420 15.616
202003 12.179 108.902 14.474
202006 12.036 108.767 14.321
202009 11.775 109.815 13.877
202012 11.744 109.897 13.830
202103 11.265 111.754 13.046
202106 11.296 114.631 12.753
202109 10.984 115.734 12.283
202112 10.429 117.630 11.474
202203 10.199 121.301 10.882
202206 9.926 125.017 10.276
202209 9.342 125.227 9.655
202212 9.286 125.222 9.597
202303 9.531 127.348 9.686
202306 9.779 128.729 9.831
202309 10.063 129.860 10.029
202312 10.986 129.419 10.986

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.


Geospace Technologies  (NAS:GEOS) 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.


Geospace Technologies Cyclically Adjusted PB Ratio Related Terms

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


Geospace Technologies (Geospace Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7007 Pinemont Drive, Houston, TX, USA, 77040-6601
Geospace Technologies Corp is engaged in designing and manufacturing of seismic instruments and non-seismic equipment used in the oil and gas industry. The company has three different segments: oil and gas markets, adjacent markets, and emerging markets. The oil and gas markets segment, which accounts for the majority of the company's revenue, includes traditional exploration products, wireless exploration products, and reservoir characterization products and services. The adjacent markets business is closely tied to the oil and gas markets and includes imaging products and industrial products. The company operates globally across Asia, Canada, Europe, South America and others with more than half of revenue generated within the United States.
Executives
Gary D Owens director, officer: President & CEO 7007 PINEMONT DRIVE, HOUSTON TX 77040
Walter R. Wheeler officer: Executive Vice President 7007 PINEMONT DRIVE, HOUSTON TX 77040
Robbin B. Adams officer: Executive Vice President 7007 PINEMONT DRIVE, HOUSTON TX 77040
Margaret Ashworth director 6212 PARKHILL DRIVE, ALEXANDRIA VA 22312
Kenneth Asbury director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Tina M Langtry director 3211 CANYON LINKS DRIVE, KATY TX 77450
Thomas L Davis director COLORADO SCHOOL OF MINES-DEPT. OF GEOPHY, 1500 ILLINOISE STREET, GOLDEN CO 80401-1887
William H Moody director 2309 BIRKDALE LANE, KERRVILLE TX 78028
Richard F Miles director 7007 PINEMONT DRIVE, HOUSTON TX 77040
Robert L. Curda officer: Chief Financial Officer 7007 PINEMONT, HOUSTON TX 77040
Giesinger Edgar R. Jr. director 1915 SANDGATE FALLS, HOUSTON TX 77062
Lacey Rice officer: Vice President 2527 BUFFALO TRAIL, SUGAR LAND TX 77479
Thomas T Mcentire officer: Chief Financial Officer 7334 N GESSNER ROAD, HOUSTON TX 77040
Michael J Sheen director, officer: SVP & Chief Technical Officer 7007 PINEMONT DRIVE, HOUSTON TX 77040
Takashi Kanemori director, 10 percent owner OYO CORPORATION, 2-6 KUDAN-KITA 4-CHOME, CHIYODA-KU, TOKYO M0 102-0073