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Onvia (ONVI) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Onvia Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Onvia Cyclically Adjusted PB Ratio Historical Data

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

Onvia Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Onvia Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Onvia's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Onvia'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.


Onvia's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Onvia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Onvia 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.

Onvia's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, Onvia's adjusted Book Value per Share data for the three months ended in Sep. 2017 was:

Adj_Book=Book Value per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=0.324/104.1356*104.1356
=0.324

Current CPI (Sep. 2017) = 104.1356.

Onvia Quarterly Data

Book Value per Share CPI Adj_Book
200712 1.494 88.616 1.756
200803 1.471 90.090 1.700
200806 1.349 92.320 1.522
200809 1.262 92.307 1.424
200812 1.187 88.697 1.394
200903 1.128 89.744 1.309
200906 1.117 91.003 1.278
200909 1.144 91.120 1.307
200912 1.179 91.111 1.348
201003 1.183 91.821 1.342
201006 0.994 91.962 1.126
201009 1.015 92.162 1.147
201012 1.026 92.474 1.155
201103 1.087 94.283 1.201
201106 1.126 95.235 1.231
201109 1.167 95.727 1.270
201112 1.256 95.213 1.374
201203 1.267 96.783 1.363
201206 1.285 96.819 1.382
201209 1.299 97.633 1.386
201212 1.467 96.871 1.577
201303 1.464 98.209 1.552
201306 1.111 98.518 1.174
201309 1.107 98.790 1.167
201312 0.785 98.326 0.831
201403 0.803 99.695 0.839
201406 0.794 100.560 0.822
201409 0.794 100.428 0.823
201412 0.734 99.070 0.772
201503 0.676 99.621 0.707
201506 0.695 100.684 0.719
201509 0.716 100.392 0.743
201512 0.597 99.792 0.623
201603 0.607 100.470 0.629
201606 0.600 101.688 0.614
201609 0.538 101.861 0.550
201612 0.516 101.863 0.528
201703 0.428 102.862 0.433
201706 0.360 103.349 0.363
201709 0.324 104.136 0.324

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.


Onvia  (NAS:ONVI) 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.


Onvia Cyclically Adjusted PB Ratio Related Terms

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


Onvia (ONVI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Onvia Inc is a provider of business information and research solutions that help companies plans, markets and sells to government agencies throughout the United States.
Executives
George I Stoeckert director
Miller Lloyd I Iii other: Former 10% Owner
James L Brill director ON ASSIGNMENT, INC., 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
David Van Skilling director 125 NETAS COURT, PALM DESERT CA 92260
Russell Mann director, officer: President and CEO C/O ONVIA, INC., 509 OLIVE WAY, SUITE 400, SEATTLE WA 98101
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Nancy J Schoendorf director C/O MOHR DAVIDOW VENTURES 3000 SAND HILL RD MENLO PARK CA 94025
Kenneth A Fox director

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