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Napatech AS (LTS:0QJ4) Cyclically Adjusted PB Ratio : 6.81 (As of Sep. 25, 2024)


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What is Napatech AS Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Napatech AS's current share price is kr32.90. Napatech AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr4.83. Napatech AS's Cyclically Adjusted PB Ratio for today is 6.81.

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

LTS:0QJ4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.46   Max: 7.93
Current: 6.61

During the past years, Napatech AS's highest Cyclically Adjusted PB Ratio was 7.93. The lowest was 1.74. And the median was 2.46.

LTS:0QJ4's Cyclically Adjusted PB Ratio is ranked worse than
92.13% of 1664 companies
in the Hardware industry
Industry Median: 1.75 vs LTS:0QJ4: 6.61

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.

Napatech AS's adjusted book value per share data for the three months ended in Jun. 2024 was kr2.934. 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 kr4.83 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Napatech AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Napatech AS'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.

Napatech AS Cyclically Adjusted PB Ratio Chart

Napatech AS 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 - - - 2.50 2.58

Napatech AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.88 1.99 2.58 4.00 7.11

Competitive Comparison of Napatech AS's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Napatech AS'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.


Napatech AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Napatech AS 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.

Napatech AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.90/4.83
=6.81

* 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.

Napatech AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.934/118.5000*118.5000
=2.934

Current CPI (Jun. 2024) = 118.5000.

Napatech AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 7.239 99.700 8.604
201412 7.915 99.400 9.436
201503 7.735 100.200 9.148
201506 7.601 100.300 8.980
201509 8.249 100.200 9.756
201512 8.654 99.800 10.276
201603 8.608 100.200 10.180
201606 8.311 100.600 9.790
201609 8.062 100.200 9.534
201612 8.453 100.300 9.987
201703 8.455 101.200 9.900
201706 8.913 101.200 10.437
201709 8.309 101.800 9.672
201712 8.176 101.300 9.564
201803 7.008 101.700 8.166
201806 5.875 102.300 6.805
201809 2.637 102.400 3.052
201812 1.153 102.100 1.338
201903 1.024 102.900 1.179
201906 1.185 102.900 1.365
201909 1.214 102.900 1.398
201912 1.268 102.900 1.460
202003 1.407 103.300 1.614
202006 1.422 103.200 1.633
202009 1.456 103.500 1.667
202012 1.539 103.400 1.764
202103 1.573 104.300 1.787
202106 1.679 105.000 1.895
202109 1.829 105.800 2.049
202112 2.192 106.600 2.437
202203 2.014 109.900 2.172
202206 1.962 113.600 2.047
202209 1.751 116.400 1.783
202212 1.499 115.900 1.533
202303 1.144 117.300 1.156
202306 1.887 116.400 1.921
202309 1.848 117.400 1.865
202312 1.917 116.700 1.947
202403 1.430 118.400 1.431
202406 2.934 118.500 2.934

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.


Napatech AS  (LTS:0QJ4) 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.


Napatech AS Cyclically Adjusted PB Ratio Related Terms

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


Napatech AS Business Description

Industry
Traded in Other Exchanges
Address
Tobaksvejen 23A, Soeborg, Copenhagen, DNK, DK-2860
Napatech A/S provides is a tech company. It enhances open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. The Group manufactures and sells network adapters to end-users and through third-party channel partners.

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