OBCN (Obocon) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Obocon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Obocon  (OTCPK:OBCN) 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.


Obocon Cyclically Adjusted PB Ratio Related Terms


Obocon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Obocon'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.

Obocon Cyclically Adjusted PB Ratio Chart

Obocon Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep16 Sep17 Sep18 Sep19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Obocon Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep16 Sep17 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 0.00 0.00

OBCN vs ASFT, EHVVF, AVOI: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Obocon'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.


Obocon Cyclically Adjusted PB Ratio vs Software Industry

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

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



Obocon 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.

Obocon's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Obocon's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0/256.7590*256.7590
=0.000

Current CPI (Sep. 2019) = 256.7590.

Obocon Quarterly Data

Book Value per Share CPI Adj_Book
200106 0.048 178.000 0.069
200109 0.048 178.300 0.069
200112 0.049 176.700 0.071
200203 0.049 178.800 0.070
200206 0.051 179.900 0.073
200209 0.051 181.000 0.072
200212 0.053 180.900 0.075
200303 0.053 184.200 0.074
200306 0.058 183.700 0.081
200309 0.058 185.200 0.080
200312 0.058 184.300 0.081
200403 0.060 187.400 0.082
200406 0.065 189.700 0.088
200409 0.058 189.900 0.078
200412 0.062 190.300 0.084
200503 0.062 193.300 0.082
200506 0.062 194.500 0.082
200509 0.069 198.800 0.089
200512 0.068 196.800 0.089
200603 0.071 199.800 0.091
200606 0.073 202.900 0.092
200609 0.074 202.900 0.094
200612 0.080 201.800 0.102
200703 0.080 205.352 0.100
200706 0.081 208.352 0.100
200709 0.077 208.490 0.095
200712 0.087 210.036 0.106
200803 0.088 213.528 0.106
200806 0.095 218.815 0.111
200809 0.092 218.783 0.108
200812 0.090 210.228 0.110
200903 0.092 212.709 0.111
200906 0.096 215.693 0.114
201609 0.001 241.428 0.001
201709 0.001 246.819 0.001
201809 0.000 252.439 0.000
201812 0.122 251.233 0.125
201903 0.122 254.202 0.123
201906 0.122 256.143 0.122
201909 0.000 256.759 0.000

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.


Obocon Business Description

Address 22 Baltimore Road, Rockville, MD, USA, 20850
Obocon Inc formerly known as Clancy Systems International Inc offers an Android-based solution for issuing parking citations. The company's system provides ticket issuance, data management, noticing, enforcement, payment processing, permitting, and all other essential modules for a complete ticket administration program. Its services include Automated notice letter mailings, Real-time stole/wanted vehicle alerts, Dispute resolution, Parking operation privatization, Online parking permit website and fulfillment and Park by Phone complimenting metered parking.