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Galaxy Gaming (Galaxy Gaming) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Galaxy Gaming Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Galaxy Gaming Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Galaxy Gaming'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.

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Galaxy Gaming Cyclically Adjusted PB Ratio Chart

Galaxy Gaming Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Galaxy Gaming Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Galaxy Gaming's Cyclically Adjusted PB Ratio

For the Gambling subindustry, Galaxy Gaming'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.


Galaxy Gaming's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Galaxy Gaming's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Galaxy Gaming 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.

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

For example, Galaxy Gaming'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)
=-0.734/129.4194*129.4194
=-0.734

Current CPI (Dec. 2023) = 129.4194.

Galaxy Gaming Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.037 99.695 0.048
201406 0.039 100.560 0.050
201409 0.047 100.428 0.061
201412 0.048 99.070 0.063
201503 0.055 99.621 0.071
201506 0.052 100.684 0.067
201509 0.059 100.392 0.076
201512 0.069 99.792 0.089
201603 0.073 100.470 0.094
201606 0.087 101.688 0.111
201609 0.099 101.861 0.126
201612 0.118 101.863 0.150
201703 0.124 102.862 0.156
201706 0.125 103.349 0.157
201709 0.133 104.136 0.165
201712 0.138 104.011 0.172
201803 0.155 105.290 0.191
201806 0.145 106.317 0.177
201809 0.169 106.507 0.205
201812 0.187 105.998 0.228
201903 0.202 107.251 0.244
201906 -1.667 108.070 -1.996
201909 -1.605 108.329 -1.917
201912 -1.534 108.420 -1.831
202003 -1.511 108.902 -1.796
202006 -1.601 108.767 -1.905
202009 -1.227 109.815 -1.446
202012 -1.129 109.897 -1.330
202103 -1.108 111.754 -1.283
202106 -1.056 114.631 -1.192
202109 -0.997 115.734 -1.115
202112 -0.735 117.630 -0.809
202203 -0.709 121.301 -0.756
202206 -0.759 125.017 -0.786
202209 -0.761 125.227 -0.786
202212 -0.733 125.222 -0.758
202303 -0.717 127.348 -0.729
202306 -0.693 128.729 -0.697
202309 -0.737 129.860 -0.735
202312 -0.734 129.419 -0.734

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.


Galaxy Gaming  (OTCPK:GLXZ) 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.


Galaxy Gaming Cyclically Adjusted PB Ratio Related Terms

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


Galaxy Gaming (Galaxy Gaming) Business Description

Traded in Other Exchanges
N/A
Address
6480 Cameron Street, Suite 305, Las Vegas, NV, USA, 89118
Galaxy Gaming Inc develops, acquires, assembles, and markets technology and entertainment-based products and services for the gaming industry for placement on casino floors and on legal internet gaming sites. Its products and services are related to licensed casino operators' table game activities and focus on either increasing profitability, productivity, and security or expanding gaming entertainment offerings in the form of proprietary table games, electronically enhanced table game platforms, and fully automated electronic tables and other ancillary equipment. In addition, it licenses intellectual property to legal internet gaming operators. Its products are assembled at headquarters in Las Vegas, Nevada, as well as outsourced for certain sub-assemblies in the United States.
Executives
Hagerty Harry C Iii officer: CFO 6767 SPENCER STREET, LAS VEGAS NV 89119
Meredith B. Brill director 52 HILLHURST BLVD, TORONTO A6 M5N 1N6
Cheryl Kondra director 6480 CAMERON STREET, SUITE 305, LAS VEGAS NV 89118
Mark A Lipparelli director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Todd P Cravens officer: CEO 6767 SPENCER STREET, LAS VEGAS NV 89119
Michael Gavin Isaacs director BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
William A Zender director 296 DOE RUN CIRCLE, HENDERSON NV 89012
Bryan W. Waters director 240 MONTE VISTA RIDGE ROAD, ORINDA CA 94563
Norman H Desrosiers director 6987 VINNEDGE LANE, #119, HIGHLAND NV 92346
Triangulum Partners, Llc. 10 percent owner 6767 SPENCER ST, LAS VEGAS NV 89119
Robert B. Saucier director, 10 percent owner, officer: CEO, CFO 6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Gary Anthony Vecchiarelli officer: Chief Financial Officer 6980 OBANNON DRIVE, LAS VEGAS NV 89117
Alixandra Saucier Regulatory Trust other: Affiliated Trust 698O O'BANNON DRIVE, LAS VEGAS NV 89117
William E O'hara officer: COO 6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Patrick Mcnevin director 5205 E. LINCOLN DR., PARADISE VALLEY AZ 85253