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SeaDragon (NZSE:SEA) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is SeaDragon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SeaDragon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SeaDragon'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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SeaDragon Cyclically Adjusted PB Ratio Chart

SeaDragon Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PB Ratio
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SeaDragon Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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Competitive Comparison of SeaDragon's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, SeaDragon'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.


SeaDragon's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



SeaDragon 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.

SeaDragon's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar20 is calculated as:

For example, SeaDragon's adjusted Book Value per Share data for the fiscal year that ended in Mar20 was:

Adj_Book=Book Value per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=0.143/107.5465*107.5465
=0.143

Current CPI (Mar20) = 107.5465.

SeaDragon Annual Data

Book Value per Share CPI Adj_Book
201103 0.325 95.560 0.366
201203 0.202 97.061 0.224
201303 0.508 97.895 0.558
201403 0.449 99.396 0.486
201503 0.329 99.646 0.355
201603 0.300 100.063 0.322
201703 0.338 102.231 0.356
201803 0.217 103.355 0.226
201903 0.182 104.889 0.187
202003 0.143 107.547 0.143

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.


SeaDragon  (NZSE:SEA) 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.


SeaDragon Cyclically Adjusted PB Ratio Related Terms

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SeaDragon (NZSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
12 Nayland Road, Stoke, Nelson, NZL, 7011
SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

SeaDragon (NZSE:SEA) Headlines

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