OPST (OPT Sciences) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
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What is OPT Sciences Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


OPT Sciences  (OTCPK:OPST) 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.


OPT Sciences Cyclically Adjusted PB Ratio Related Terms


OPT Sciences Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences Cyclically Adjusted PB Ratio Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Cyclically Adjusted PB Ratio
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OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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

OPST vs SDEV, SIF, OPXS: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, OPT Sciences'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.


OPT Sciences Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OPT Sciences 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.

OPT Sciences's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2015 is calculated as:

For example, OPT Sciences's adjusted Book Value per Share data for the three months ended in Jul. 2015 was:

Adj_Book=Book Value per Share/CPI of Jul. 2015 (Change)*Current CPI (Jul. 2015)
=19.657/238.6540*238.6540
=19.657

Current CPI (Jul. 2015) = 238.6540.

OPT Sciences Quarterly Data

Book Value per Share CPI Adj_Book
200510 10.151 199.200 12.162
200601 10.305 198.300 12.402
200604 10.447 201.500 12.373
200607 10.575 203.500 12.402
200610 10.726 201.800 12.685
200701 10.811 202.416 12.746
200704 11.106 206.686 12.824
200707 11.416 208.299 13.080
200710 11.811 208.936 13.491
200801 11.942 211.080 13.502
200804 12.189 214.823 13.541
200807 12.477 219.964 13.537
200810 12.639 216.573 13.928
200901 12.705 211.143 14.360
200904 12.795 213.240 14.320
200907 12.921 215.351 14.319
200910 13.165 216.177 14.534
201001 13.143 216.687 14.475
201004 13.254 218.009 14.509
201007 13.370 218.011 14.636
201010 13.800 218.711 15.058
201101 14.116 220.223 15.297
201104 14.331 224.906 15.207
201107 14.602 225.922 15.425
201110 14.803 226.421 15.603
201201 15.034 226.665 15.829
201204 15.354 230.085 15.926
201207 15.826 229.104 16.486
201210 16.291 231.317 16.808
201301 15.866 230.280 16.443
201304 16.366 232.531 16.797
201307 16.463 233.596 16.819
201310 16.830 233.546 17.198
201401 16.927 233.916 17.270
201404 17.427 237.072 17.543
201407 17.735 238.250 17.765
201410 18.264 237.433 18.358
201501 18.655 233.707 19.050
201504 19.180 236.599 19.347
201507 19.657 238.654 19.657

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.


OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.