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Oxford Technology Venture Capital Trust (LSE:OT1) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Oxford Technology Venture Capital Trust Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Technology Venture Capital Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oxford Technology Venture Capital Trust'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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Oxford Technology Venture Capital Trust Cyclically Adjusted PB Ratio Chart

Oxford Technology Venture Capital Trust Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Cyclically Adjusted PB Ratio
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Oxford Technology Venture Capital Trust Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22
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Competitive Comparison of Oxford Technology Venture Capital Trust's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Oxford Technology Venture Capital Trust'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.


Oxford Technology Venture Capital Trust's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Technology Venture Capital Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Oxford Technology Venture Capital Trust's Cyclically Adjusted PB Ratio falls into.



Oxford Technology Venture Capital Trust 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.

Oxford Technology Venture Capital Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb22 is calculated as:

For example, Oxford Technology Venture Capital Trust's adjusted Book Value per Share data for the fiscal year that ended in Feb22 was:

Adj_Book=Book Value per Share/CPI of Feb22 (Change)*Current CPI (Feb22)
=0.427/115.4000*115.4000
=0.427

Current CPI (Feb22) = 115.4000.

Oxford Technology Venture Capital Trust Annual Data

Book Value per Share CPI Adj_Book
201302 0.744 97.500 0.881
201402 0.651 99.100 0.758
201502 0.650 99.500 0.754
201602 0.613 100.100 0.707
201702 0.532 102.400 0.600
201802 0.524 104.900 0.576
201902 0.496 106.800 0.536
202002 0.447 108.600 0.475
202102 0.497 109.400 0.524
202202 0.427 115.400 0.427

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.


Oxford Technology Venture Capital Trust  (LSE:OT1) 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.


Oxford Technology Venture Capital Trust Cyclically Adjusted PB Ratio Related Terms

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Oxford Technology Venture Capital Trust (LSE:OT1) Business Description

Traded in Other Exchanges
N/A
Address
Magdalen Centre, OT1 Managers Ltd, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology Venture Capital Trust PLC is a part of the financial service sector. The company is a venture capital trust with a primary focus on smaller companies in the United Kingdom. Oxford's investment policy lends highly attractive but risk-associated returns.

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