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Kopin (KOPN) Cyclically Adjusted PB Ratio : 1.21 (As of Dec. 11, 2024)


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What is Kopin Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Kopin's current share price is $1.10. Kopin's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.91. Kopin's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for Kopin's Cyclically Adjusted PB Ratio or its related term are showing as below:

KOPN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.14   Max: 7.18
Current: 1.24

During the past years, Kopin's highest Cyclically Adjusted PB Ratio was 7.18. The lowest was 0.13. And the median was 1.14.

KOPN's Cyclically Adjusted PB Ratio is ranked better than
67.26% of 1689 companies
in the Hardware industry
Industry Median: 1.92 vs KOPN: 1.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kopin's adjusted book value per share data for the three months ended in Sep. 2024 was $0.148. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.91 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kopin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kopin'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.

Kopin Cyclically Adjusted PB Ratio Chart

Kopin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 1.47 2.74 0.95 1.90

Kopin Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.07 1.90 1.76 0.87 0.80

Competitive Comparison of Kopin's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Kopin'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.


Kopin's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Kopin 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.

Kopin's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.10/0.91
=1.21

* 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.

Kopin's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Kopin's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.148/133.0289*133.0289
=0.148

Current CPI (Sep. 2024) = 133.0289.

Kopin Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.741 99.070 2.338
201503 1.702 99.621 2.273
201506 1.722 100.684 2.275
201509 1.625 100.392 2.153
201512 1.432 99.792 1.909
201603 1.398 100.470 1.851
201606 1.357 101.688 1.775
201609 1.262 101.861 1.648
201612 1.148 101.863 1.499
201703 1.063 102.862 1.375
201706 1.195 103.349 1.538
201709 1.088 104.136 1.390
201712 1.051 104.011 1.344
201803 1.050 105.290 1.327
201806 0.937 106.317 1.172
201809 0.819 106.507 1.023
201812 0.647 105.998 0.812
201903 0.536 107.251 0.665
201906 0.512 108.070 0.630
201909 0.436 108.329 0.535
201912 0.347 108.420 0.426
202003 0.295 108.902 0.360
202006 0.293 108.767 0.358
202009 0.284 109.815 0.344
202012 0.333 109.897 0.403
202103 0.464 111.754 0.552
202106 0.448 114.631 0.520
202109 0.481 115.734 0.553
202112 0.442 117.630 0.500
202203 0.423 121.301 0.464
202206 0.387 125.017 0.412
202209 0.328 125.227 0.348
202212 0.260 125.222 0.276
202303 0.385 127.348 0.402
202306 0.326 128.729 0.337
202309 0.311 129.860 0.319
202312 0.263 129.419 0.270
202403 0.043 131.776 0.043
202406 -0.002 132.554 -0.002
202409 0.148 133.029 0.148

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.


Kopin  (NAS:KOPN) 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.


Kopin Cyclically Adjusted PB Ratio Related Terms

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


Kopin Business Description

Industry
Traded in Other Exchanges
Address
125 North Drive, Westborough, MA, USA, 01581-3335
Kopin Corp is a provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays and optics, subassemblies, and headsets. It serves soldiers, avionics, armored vehicles training and simulation military applications, and others. Its product portfolio includes Microdisplays, Spatial Light Modulators, Optical Modules, Medical, Training, and Simulation. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia-Pacific; Europe, and Other Countries.
Executives
Fan John C C officer: CEO & President 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Scott L Anchin director 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Hsieh Chi Chia Dr director MICROCELECTRONICS TECHNOLOGY INC, 1 INNOVATION RD II HISINCHU SCIENCE BASE, HSINCH 30077 TAIWAN ROC F5 02780
James K Brewington director 600 MOUNTAIN AVE, MURRAY HILL NJ 07974
Michael Andrew Murray officer: CEO KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01851
Morton Collins director
Paul Christopher Baker officer: Strategic Business Officer C/O KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01581
Jill Janice Avery director 381 BEACON STREET, BOSTON MA 02116
David Brook director 6 DUSTON LANE, ACTON MA 01720
Richard Sneider officer: CFO 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Hong K Choi officer: CTO C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Bor Yeu Tsaur officer: Executive Vice President C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Osgood Richard Hoe Iii director 20 HUNTER RANCH ROAD, NAPA CA 94558
Andrew Chapman director NARAD NETWORKS, 515 GROTON ROAD, WESTFORD MA 01886
Michael J Landine director 88 SIDNEY ST, CAMBRIDGE MA 021394136