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Hayden Hall (Hayden Hall) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Hayden Hall Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hayden Hall Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hayden Hall'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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Hayden Hall Cyclically Adjusted PB Ratio Chart

Hayden Hall Annual Data
Trend Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Cyclically Adjusted PB Ratio
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Hayden Hall Quarterly Data
Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03
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Competitive Comparison of Hayden Hall's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Hayden Hall'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.


Hayden Hall's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Hayden Hall's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hayden Hall 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.

Hayden Hall's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2003 is calculated as:

For example, Hayden Hall's adjusted Book Value per Share data for the three months ended in Sep. 2003 was:

Adj_Book=Book Value per Share/CPI of Sep. 2003 (Change)*Current CPI (Sep. 2003)
=-143.458/78.1379*78.1379
=-143.458

Current CPI (Sep. 2003) = 78.1379.

Hayden Hall Quarterly Data

Book Value per Share CPI Adj_Book
199312 3,398.295 61.515 4,316.628
199403 3,244.650 62.105 4,082.269
199406 3,003.432 62.443 3,758.350
199409 2,876.712 63.034 3,566.044
199412 2,555.492 63.160 3,161.507
199503 2,464.986 63.877 3,015.294
199506 2,285.396 64.341 2,775.445
199509 1,962.096 64.637 2,371.935
199512 797.784 64.763 962.538
199603 785.030 65.692 933.768
199606 840.373 66.113 993.217
199609 820.763 66.578 963.279
199612 778.761 66.915 909.374
199703 601.770 67.506 696.549
199706 553.097 67.632 639.012
199709 418.219 68.012 480.485
199712 320.207 68.054 367.653
199803 472.050 68.434 538.987
199806 476.190 68.771 541.046
199809 520.000 69.025 588.655
199812 886.880 69.151 1,002.136
199903 840.000 69.615 942.836
199906 788.000 70.122 878.084
199909 611.799 70.839 674.838
199912 614.785 71.008 676.519
200003 685.980 72.231 742.077
200006 703.389 72.737 755.613
200009 640.042 73.286 682.417
200012 559.393 73.413 595.400
200103 454.776 74.341 478.005
200106 532.533 75.100 554.074
200109 454.971 75.227 472.578
200112 320.584 74.552 336.006
200203 311.185 75.438 322.324
200206 92.564 75.902 95.291
200209 88.788 76.366 90.848
200212 -17.935 76.324 -18.361
200303 -71.793 77.716 -72.183
200306 -122.638 77.505 -123.639
200309 -143.458 78.138 -143.458

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.


Hayden Hall  (GREY:HYDN) 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.


Hayden Hall Cyclically Adjusted PB Ratio Related Terms

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Hayden Hall (Hayden Hall) Business Description

Industry
Traded in Other Exchanges
N/A
Address
21300 Victory Boulevard, Suite 1200, Woodland Hills, CA, USA, 91367
Hayden Hall Inc is engaged in designing computer-networking systems and software products. These products form the basis for corporate and other telecommunication networks. The company's product includes internetworking products.

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