IOMT (Isomet) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Isomet Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Isomet  (OTCPK:IOMT) 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.


Isomet Cyclically Adjusted PB Ratio Related Terms


Isomet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Isomet'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.

Isomet Cyclically Adjusted PB Ratio Chart

Isomet Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Isomet Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 0.00 0.00 0.00 0.00 0.00

IOMT vs CRGS, EMRN, IMLE: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Isomet'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.


Isomet Cyclically Adjusted PB Ratio vs Hardware Industry

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

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



Isomet 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.

Isomet's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2002 is calculated as:

For example, Isomet's adjusted Book Value per Share data for the three months ended in Sep. 2002 was:

Adj_Book=Book Value per Share/CPI of Sep. 2002 (Change)*Current CPI (Sep. 2002)
=3.423/181.0000*181.0000
=3.423

Current CPI (Sep. 2002) = 181.0000.

Isomet Quarterly Data

Book Value per Share CPI Adj_Book
199212 2.308 141.900 2.944
199303 2.151 143.600 2.711
199306 1.520 144.400 1.905
199309 1.941 145.100 2.421
199312 1.626 145.800 2.019
199403 1.574 147.200 1.935
199406 1.200 148.000 1.468
199409 1.240 149.400 1.502
199412 1.522 149.700 1.840
199503 1.522 151.400 1.820
199506 1.574 152.500 1.868
199509 1.574 153.200 1.860
199512 1.522 153.500 1.795
199603 1.574 155.700 1.830
199606 1.574 156.700 1.818
199609 1.574 157.800 1.805
199612 1.889 158.600 2.156
199703 1.994 160.000 2.256
199706 2.151 160.300 2.429
199709 2.252 161.200 2.529
199712 2.619 161.300 2.939
199803 2.776 162.200 3.098
199806 2.933 163.000 3.257
199809 3.008 163.600 3.328
199812 3.222 163.900 3.558
199903 3.371 165.000 3.698
199906 3.371 166.200 3.671
199909 3.423 167.900 3.690
199912 3.780 168.300 4.065
200003 3.947 171.200 4.173
200006 4.059 172.400 4.261
200009 4.349 173.700 4.532
200012 4.008 174.000 4.169
200103 3.958 176.200 4.066
200106 3.874 178.000 3.939
200109 3.775 178.300 3.832
200112 3.662 176.700 3.751
200203 3.531 178.800 3.574
200206 3.494 179.900 3.515
200209 3.423 181.000 3.423

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.


Isomet Business Description

Address 5263 Port Royal Road, P.O. Box 1634, Springfield, VA, USA, 22151-0634
Isomet Corp is a United States-based company engaged in the design, development, and manufacture of acousto-optic devices, RF electronics, and optical sub-systems. Its special devices include a High-resolution XY deflector, Variable bandwidth tuneable filter, Dual-beam modulator, Compact single package integrated AO modulator with RF driver, and AO modulator with RF driver, among others. The group has an international business presence.