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SciDev (HAM:INFA) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is SciDev 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


SciDev Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SciDev'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.

SciDev Cyclically Adjusted PB Ratio Chart

SciDev Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 7.70 1.53 2.47 2.43

SciDev Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.53 - 2.47 - 2.43

Competitive Comparison of SciDev's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, SciDev'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.


SciDev's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SciDev's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SciDev 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.

SciDev's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, SciDev's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.506/128.9064*128.9064
=0.506

Current CPI (Jun24) = 128.9064.

SciDev Annual Data

Book Value per Share CPI Adj_Book
201506 0.045 99.838 0.058
201606 0.033 100.859 0.042
201706 0.031 102.809 0.039
201806 0.041 104.945 0.050
201906 0.047 106.617 0.057
202006 0.174 106.246 0.211
202106 0.328 110.332 0.383
202206 0.530 117.112 0.583
202306 0.486 124.170 0.505
202406 0.506 128.906 0.506

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.


SciDev  (HAM:INFA) 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.


SciDev Cyclically Adjusted PB Ratio Related Terms

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


SciDev Business Description

Industry
Traded in Other Exchanges
Address
8 Turbo Road, Unit 1, Kings Park, Perth, NSW, AUS, 2148
SciDev Ltd is engaged in manufacturing and supplying organic chemicals for industrial wastewater treatment in Australia. The company offers coagulants and flocculants under the Maxiflox, and Optiflox brands for mining and mineral processing, water treatment, Remediation, oil and gas production and Construction. It operates in two geographical segments: Australia and the United States. The company derives majority of its profit from United States.