GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precicion Trim Inc (OTCPK:PRTR) » Definitions » Cyclically Adjusted PB Ratio

PRTR (Precicion Trim) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


View and export this data going back to . Start your Free Trial

What is Precicion Trim Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Precicion Trim Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Precicion Trim'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.

* Premium members only.

Precicion Trim Cyclically Adjusted PB Ratio Chart

Precicion Trim Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Precicion Trim Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 - - - - -

Competitive Comparison of Precicion Trim's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Precicion Trim'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.


Precicion Trim's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precicion Trim's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Precicion Trim 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.

Precicion Trim's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2011 is calculated as:

For example, Precicion Trim's adjusted Book Value per Share data for the three months ended in Sep. 2011 was:

Adj_Book=Book Value per Share/CPI of Sep. 2011 (Change)*Current CPI (Sep. 2011)
=75.524/95.7269*95.7269
=75.524

Current CPI (Sep. 2011) = 95.7269.

Precicion Trim Quarterly Data

Book Value per Share CPI Adj_Book
200112 470.423 74.552 604.040
200203 398.131 75.438 505.210
200206 337.850 75.902 426.095
200209 279.907 76.366 350.872
200212 89.252 76.324 111.942
200303 35.047 77.716 43.169
200306 5.140 77.505 6.348
200309 6.542 78.138 8.015
200312 -44.860 77.758 -55.227
200403 -116.355 79.066 -140.873
200406 -166.500 80.037 -199.141
200409 -217.000 80.121 -259.268
200412 -249.500 80.290 -297.471
200503 -315.500 81.555 -370.323
200506 -393.000 82.062 -458.444
200509 -284.667 83.876 -324.889
200512 -199.500 83.032 -230.002
200603 -36.500 84.298 -41.449
200606 -60.000 85.606 -67.094
200609 -0.435 85.606 -0.486
200612 0.827 85.142 0.930
200703 39.472 86.640 43.612
200706 43.015 87.906 46.842
200709 45.540 87.964 49.559
200712 40.641 88.616 43.902
200803 43.968 90.090 46.719
200806 37.401 92.320 38.781
200809 38.881 92.307 40.322
200812 39.659 88.697 42.802
200903 40.458 89.744 43.155
200906 41.383 91.003 43.531
200909 42.405 91.120 44.549
200912 37.515 91.111 39.416
201003 47.164 91.821 49.170
201006 55.825 91.962 58.111
201009 55.735 92.162 57.891
201012 61.760 92.474 63.932
201103 66.002 94.283 67.013
201106 70.521 95.235 70.886
201109 75.524 95.727 75.524

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.


Precicion Trim  (OTCPK:PRTR) 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.


Precicion Trim Cyclically Adjusted PB Ratio Related Terms

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


Precicion Trim Business Description

Traded in Other Exchanges
N/A
Address
17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647
Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.
Executives
Kenneth Leung director 257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua 10 percent owner 106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton director, officer: President 104 DUNLAP DRIVE, DEWITT NY 13214

Precicion Trim Headlines

From GuruFocus

Precicion Trim Encouraged By Trump Comments 

By Marketwired Marketwired 06-15-2018