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Odimo (ODMO) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Odimo Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Odimo Cyclically Adjusted PB Ratio Historical Data

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

Odimo Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Odimo Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Odimo's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Odimo'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.


Odimo's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Odimo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Odimo 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.

Odimo's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Odimo's adjusted Book Value per Share data for the fiscal year that ended in Dec12 was:

Adj_Book=Book Value per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=-0.009/96.8711*96.8711
=-0.009

Current CPI (Dec12) = 96.8711.

Odimo Annual Data

Book Value per Share CPI Adj_Book
200312 20.518 77.758 25.561
200412 1.564 80.290 1.887
200512 1.584 83.032 1.848
200612 -0.066 85.142 -0.075
200712 -0.123 88.616 -0.134
200812 -0.031 88.697 -0.034
200912 -0.011 91.111 -0.012
201012 -0.022 92.474 -0.023
201112 -0.004 95.213 -0.004
201212 -0.009 96.871 -0.009

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.


Odimo  (GREY:ODMO) 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.


Odimo Cyclically Adjusted PB Ratio Related Terms

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Odimo (ODMO) Business Description

Traded in Other Exchanges
N/A
Address
9858 Clint Moore Road, Boca Raton, FL, USA, 33496
Website
Odimo Inc is a non-operating shell company.
Executives
Alan Lipton director
Bruce Galloway 10 percent owner C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR, NEW YORK NY 10019
Galloway Capital Management, Llc 10 percent owner 1325 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK NY 10019
Strategic Turnaround Equity Partners Lp Cayman 10 percent owner PO BOX 2150 GT 4TH FLOOR, 1 CAYMAN FINANCIAL CENTER, GRAND CAYMAN E9 00000
Softbank Capital Partners Llc 10 percent owner 1188 CENTRE ST, NEWTON CENTER MA 02459
Sb Capital Managers Llc 10 percent owner
Eric Hippeau director STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Stanley Stern director 14001 NW 4TH STREET, SUNRISE FL 33325

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