GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kopin Corp (NAS:KOPN) » Definitions » Cyclically Adjusted PB Ratio

Kopin (KOPN) Cyclically Adjusted PB Ratio : 0.75 (As of Apr. 30, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Kopin Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Kopin's current share price is $0.80. Kopin's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.07. Kopin's Cyclically Adjusted PB Ratio for today is 0.75.

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: 1.33   Max: 7.18
Current: 0.75

During the past years, Kopin's highest Cyclically Adjusted PB Ratio was 7.18. The lowest was 0.13. And the median was 1.33.

KOPN's Cyclically Adjusted PB Ratio is ranked better than
77.81% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs KOPN: 0.75

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 Dec. 2023 was $0.263. 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 $1.07 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.95 0.87 1.80 1.07 1.90

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
=0.80/1.07
=0.75

* 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 Dec. 2023 is calculated as:

For example, Kopin's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.263/129.4194*129.4194
=0.263

Current CPI (Dec. 2023) = 129.4194.

Kopin Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.014 99.695 2.614
201406 1.903 100.560 2.449
201409 1.839 100.428 2.370
201412 1.741 99.070 2.274
201503 1.702 99.621 2.211
201506 1.722 100.684 2.213
201509 1.625 100.392 2.095
201512 1.432 99.792 1.857
201603 1.398 100.470 1.801
201606 1.357 101.688 1.727
201609 1.262 101.861 1.603
201612 1.148 101.863 1.459
201703 1.063 102.862 1.337
201706 1.195 103.349 1.496
201709 1.088 104.136 1.352
201712 1.051 104.011 1.308
201803 1.050 105.290 1.291
201806 0.937 106.317 1.141
201809 0.819 106.507 0.995
201812 0.647 105.998 0.790
201903 0.550 107.251 0.664
201906 0.512 108.070 0.613
201909 0.436 108.329 0.521
201912 0.347 108.420 0.414
202003 0.295 108.902 0.351
202006 0.293 108.767 0.349
202009 0.284 109.815 0.335
202012 0.333 109.897 0.392
202103 0.464 111.754 0.537
202106 0.448 114.631 0.506
202109 0.481 115.734 0.538
202112 0.442 117.630 0.486
202203 0.423 121.301 0.451
202206 0.387 125.017 0.401
202209 0.328 125.227 0.339
202212 0.260 125.222 0.269
202303 0.385 127.348 0.391
202306 0.326 128.729 0.328
202309 0.311 129.860 0.310
202312 0.263 129.419 0.263

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 (KOPN) Business Description

Industry
Traded in Other Exchanges
Address
125 North Drive, Westborough, MA, USA, 01581-3335
Kopin Corp is a developer, manufacturer, and seller of components, subassemblies, and head-worn and hand-held systems. It serves soldiers, avionic, armored vehicles and training and simulation military applications, and others. The company's product portfolio includes LCD; ferroelectric liquid crystal on silicon devices (FLCoS); Organic Light Emitting Diodes (OLED) and others. 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
Goertek Inc. 10 percent owner NO. 268, DONGFANG ROAD, HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE, WEIFANG, SHANDONG PROVINCE F4 261031
Andrew Chapman director NARAD NETWORKS, 515 GROTON ROAD, WESTFORD MA 01886