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Aqua Bounty Technologies (LSE:ABTX) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Aqua Bounty Technologies 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


Aqua Bounty Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aqua Bounty Technologies'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.

Aqua Bounty Technologies Cyclically Adjusted PB Ratio Chart

Aqua Bounty Technologies 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 - - - 0.45 0.08

Aqua Bounty Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.34 0.20 0.13 0.08 0.05

Competitive Comparison of Aqua Bounty Technologies's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Aqua Bounty Technologies'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.


Aqua Bounty Technologies's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Aqua Bounty Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aqua Bounty Technologies 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.

Aqua Bounty Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aqua Bounty Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.769/131.7762*131.7762
=0.769

Current CPI (Mar. 2024) = 131.7762.

Aqua Bounty Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201212 -0.005 96.871 -0.007
201306 0.015 98.518 0.020
201312 0.002 98.326 0.003
201406 0.028 100.560 0.037
201412 0.016 99.070 0.021
201506 0.013 100.684 0.017
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 -0.018 101.688 -0.023
201609 0.000 101.861 0.000
201612 0.010 101.863 0.013
201703 0.128 102.862 0.164
201706 0.114 103.349 0.145
201709 0.098 104.136 0.124
201712 0.085 104.011 0.108
201803 0.120 105.290 0.150
201806 0.115 106.317 0.143
201809 0.105 106.507 0.130
201812 0.117 105.998 0.145
201903 0.133 107.251 0.163
201906 0.149 108.070 0.182
201909 0.138 108.329 0.168
201912 0.115 108.420 0.140
202003 0.180 108.902 0.218
202006 0.161 108.767 0.195
202009 0.287 109.815 0.344
202012 0.543 109.897 0.651
202103 1.061 111.754 1.251
202106 1.027 114.631 1.181
202109 1.016 115.734 1.157
202112 1.021 117.630 1.144
202203 1.007 121.301 1.094
202206 1.049 125.017 1.106
202209 1.110 125.227 1.168
202212 1.001 125.222 1.053
202303 0.972 127.348 1.006
202306 0.902 128.729 0.923
202309 0.889 129.860 0.902
202312 0.828 129.419 0.843
202403 0.769 131.776 0.769

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.


Aqua Bounty Technologies  (LSE:ABTX) 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.


Aqua Bounty Technologies Cyclically Adjusted PB Ratio Related Terms

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


Aqua Bounty Technologies (LSE:ABTX) Business Description

Traded in Other Exchanges
Address
2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.

Aqua Bounty Technologies (LSE:ABTX) Headlines

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