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Global Payment Technologies (Global Payment Technologies) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Global Payment Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Payment Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Payment 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.

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Global Payment Technologies Cyclically Adjusted PB Ratio Chart

Global Payment Technologies Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Cyclically Adjusted PB Ratio
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Global Payment Technologies Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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Competitive Comparison of Global Payment Technologies's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Global Payment 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.


Global Payment Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Payment Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Global Payment 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.

Global Payment Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2008 is calculated as:

For example, Global Payment Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2008 was:

Adj_Book=Book Value per Share/CPI of Jun. 2008 (Change)*Current CPI (Jun. 2008)
=0.222/92.3204*92.3204
=0.222

Current CPI (Jun. 2008) = 92.3204.

Global Payment Technologies Quarterly Data

Book Value per Share CPI Adj_Book
199809 2.442 69.025 3.266
199812 2.609 69.151 3.483
199903 2.870 69.615 3.806
199906 2.951 70.122 3.885
199909 3.022 70.839 3.938
199912 3.129 71.008 4.068
200003 3.326 72.231 4.251
200006 3.070 72.737 3.897
200009 3.023 73.286 3.808
200012 3.042 73.413 3.825
200103 3.132 74.341 3.889
200106 3.151 75.100 3.874
200109 3.175 75.227 3.896
200112 3.197 74.552 3.959
200203 3.218 75.438 3.938
200206 3.248 75.902 3.951
200209 3.079 76.366 3.722
200212 3.020 76.324 3.653
200303 2.861 77.716 3.399
200306 2.788 77.505 3.321
200309 2.104 78.138 2.486
200312 1.951 77.758 2.316
200403 2.015 79.066 2.353
200406 1.985 80.037 2.290
200409 1.983 80.121 2.285
200412 2.051 80.290 2.358
200503 2.224 81.555 2.518
200506 2.200 82.062 2.475
200509 2.150 83.876 2.366
200512 2.028 83.032 2.255
200603 1.925 84.298 2.108
200606 1.619 85.606 1.746
200609 1.421 85.606 1.532
200612 1.226 85.142 1.329
200703 1.039 86.640 1.107
200706 0.765 87.906 0.803
200709 0.534 87.964 0.560
200712 0.398 88.616 0.415
200803 0.281 90.090 0.288
200806 0.222 92.320 0.222

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.


Global Payment Technologies  (OTCPK:GPTX) 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.


Global Payment Technologies Cyclically Adjusted PB Ratio Related Terms

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


Global Payment Technologies (Global Payment Technologies) Business Description

Traded in Other Exchanges
N/A
Address
170 Wilbur Place, Bohemia, NY, USA, 11716
Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.
Executives
Thomas Mcneill officer: Vice President, CFO & Secy 425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz 10 percent owner

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