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VEF Radiotehnika RRR (ORSE:RRR1R) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is VEF Radiotehnika RRR Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VEF Radiotehnika RRR Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR Cyclically Adjusted PB Ratio Chart

VEF Radiotehnika RRR Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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VEF Radiotehnika RRR Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of VEF Radiotehnika RRR's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, VEF Radiotehnika RRR'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.


VEF Radiotehnika RRR's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VEF Radiotehnika RRR's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



VEF Radiotehnika RRR 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.

VEF Radiotehnika RRR's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, VEF Radiotehnika RRR's adjusted Book Value per Share data for the three months ended in Sep. 2020 was:

Adj_Book=Book Value per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0.138/109.8149*109.8149
=0.138

Current CPI (Sep. 2020) = 109.8149.

VEF Radiotehnika RRR Quarterly Data

Book Value per Share CPI Adj_Book
201012 1.211 92.474 1.438
201103 1.211 94.283 1.410
201106 4.144 95.235 4.778
201109 4.129 95.727 4.737
201112 3.994 95.213 4.607
201203 4.130 96.783 4.686
201206 1.250 96.819 1.418
201209 4.175 97.633 4.696
201212 3.795 96.871 4.302
201303 3.796 98.209 4.245
201306 3.798 98.518 4.234
201309 2.793 98.790 3.105
201312 1.683 98.326 1.880
201403 1.857 99.695 2.046
201406 1.594 100.560 1.741
201409 1.461 100.428 1.598
201412 1.248 99.070 1.383
201503 1.139 99.621 1.256
201506 1.159 100.684 1.264
201509 1.129 100.392 1.235
201512 0.124 99.792 0.136
201603 1.064 100.470 1.163
201606 0.032 101.688 0.035
201609 -0.196 101.861 -0.211
201612 -0.307 101.863 -0.331
201703 0.249 102.862 0.266
201706 0.326 103.349 0.346
201709 0.288 104.136 0.304
201712 0.213 104.011 0.225
201803 0.213 105.290 0.222
201806 0.259 106.317 0.268
201809 0.215 106.507 0.222
201812 0.206 105.998 0.213
201903 0.199 107.251 0.204
201906 0.218 108.070 0.222
201909 0.213 108.329 0.216
201912 0.206 108.420 0.209
202003 0.203 108.902 0.205
202006 0.000 108.767 0.000
202009 0.138 109.815 0.138

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.


VEF Radiotehnika RRR  (ORSE:RRR1R) 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.


VEF Radiotehnika RRR Cyclically Adjusted PB Ratio Related Terms

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VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Traded in Other Exchanges
N/A
Address
Kurzemes prospekts 3, Riga, LVA, LV-1067
VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

VEF Radiotehnika RRR (ORSE:RRR1R) Headlines

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