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MPM Technologies (MPM Technologies) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is MPM Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MPM Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MPM 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.

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MPM Technologies Cyclically Adjusted PB Ratio Chart

MPM Technologies Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cyclically Adjusted PB Ratio
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MPM Technologies Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of MPM Technologies's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, MPM 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.


MPM Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MPM Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MPM 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.

MPM Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2010 is calculated as:

For example, MPM Technologies's adjusted Book Value per Share data for the three months ended in Sep. 2010 was:

Adj_Book=Book Value per Share/CPI of Sep. 2010 (Change)*Current CPI (Sep. 2010)
=-2.009/92.1617*92.1617
=-2.009

Current CPI (Sep. 2010) = 92.1617.

MPM Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200012 0.779 73.413 0.978
200103 0.754 74.341 0.935
200106 0.792 75.100 0.972
200109 0.800 75.227 0.980
200112 0.112 74.552 0.138
200203 0.238 75.438 0.291
200206 -0.113 75.902 -0.137
200209 -0.374 76.366 -0.451
200212 -1.176 76.324 -1.420
200303 -1.444 77.716 -1.712
200306 -1.443 77.505 -1.716
200309 -1.660 78.138 -1.958
200312 -2.424 77.758 -2.873
200403 -2.366 79.066 -2.758
200406 -2.570 80.037 -2.959
200409 -2.728 80.121 -3.138
200412 -3.040 80.290 -3.490
200503 -3.000 81.555 -3.390
200506 -3.016 82.062 -3.387
200509 -2.213 83.876 -2.432
200512 -2.349 83.032 -2.607
200603 -2.438 84.298 -2.665
200606 -2.475 85.606 -2.665
200609 -2.554 85.606 -2.750
200612 -2.577 85.142 -2.789
200703 -1.489 86.640 -1.584
200706 -1.550 87.906 -1.625
200709 -1.616 87.964 -1.693
200712 -1.672 88.616 -1.739
200803 -1.731 90.090 -1.771
200806 -1.801 92.320 -1.798
200809 -1.851 92.307 -1.848
200812 -1.931 88.697 -2.006
200903 -1.988 89.744 -2.042
200906 -1.897 91.003 -1.921
200909 -1.906 91.120 -1.928
200912 -1.974 91.111 -1.997
201003 -2.032 91.821 -2.040
201006 -1.955 91.962 -1.959
201009 -2.009 92.162 -2.009

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.


MPM Technologies  (OTCPK:MPML) 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.


MPM Technologies Cyclically Adjusted PB Ratio Related Terms

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MPM Technologies (MPM Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1727 East Springfield Avenue, Suite C, Spokane, WA, USA, 99202
MPM Technologies Inc is a United States based holding company. Through its subsidiaries, the company designs, engineers, supplies and services air pollution control systems. It is also engaged in the development and marketing of Skygas, a patented waste-to-fuel technology fuel, and development and exploration of gold and silver properties in Montana, US.

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