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Proxim Wireless (Proxim Wireless) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is Proxim Wireless Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Proxim Wireless Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Proxim Wireless'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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Proxim Wireless Cyclically Adjusted PB Ratio Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cyclically Adjusted PB Ratio
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Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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Competitive Comparison of Proxim Wireless's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Proxim Wireless'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.


Proxim Wireless's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Proxim Wireless 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.

Proxim Wireless's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2010 is calculated as:

For example, Proxim Wireless's adjusted Book Value per Share data for the three months ended in Mar. 2010 was:

Adj_Book=Book Value per Share/CPI of Mar. 2010 (Change)*Current CPI (Mar. 2010)
=0.557/91.8208*91.8208
=0.557

Current CPI (Mar. 2010) = 91.8208.

Proxim Wireless Quarterly Data

Book Value per Share CPI Adj_Book
199912 -15,789.450 71.008 -20,417.532
200003 2,042.719 72.231 2,596.722
200006 1,892.415 72.737 2,388.909
200009 1,757.869 73.286 2,202.456
200012 1,196.823 73.413 1,496.928
200103 1,061.730 74.341 1,311.380
200106 970.688 75.100 1,186.807
200109 623.136 75.227 760.592
200112 560.125 74.552 689.873
200203 514.340 75.438 626.042
200206 418.075 75.902 505.759
200209 325.952 76.366 391.919
200212 107.924 76.324 129.838
200303 207.613 77.716 245.293
200306 355.985 77.505 421.738
200309 96.189 78.138 113.033
200312 113.635 77.758 134.186
200403 114.729 79.066 133.237
200406 272.437 80.037 312.550
200409 285.981 80.121 327.743
200412 288.915 80.290 330.409
200503 290.468 81.555 327.030
200506 290.402 82.062 324.938
200509 242.188 83.876 265.129
200512 246.242 83.032 272.306
200603 226.159 84.298 246.342
200606 212.590 85.606 228.024
200609 151.079 85.606 162.048
200612 143.114 85.142 154.341
200703 131.577 86.640 139.445
200706 110.911 87.906 115.850
200709 131.125 87.964 136.874
200712 67.057 88.616 69.482
200803 52.660 90.090 53.672
200806 48.395 92.320 48.133
200809 43.850 92.307 43.619
200812 36.864 88.697 38.162
200903 0.000 89.744 0.000
200912 6.726 91.111 6.778
201003 0.557 91.821 0.557

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.


Proxim Wireless  (OTCPK:PRXM) 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.


Proxim Wireless Cyclically Adjusted PB Ratio Related Terms

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Proxim Wireless (Proxim Wireless) Business Description

Traded in Other Exchanges
N/A
Address
1561 Buckeye Drive, Milpitas, CA, USA, 95035
Proxim Wireless Corp provides high-speed wireless communications equipment and services. Its systems enable service providers, enterprises, and governmental organizations to deliver high-speed data connectivity enabling a broad range of applications.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John W Gerdelman director C/O SYCAMORE NETWORKS INC, 220 MILL RD, CHELMSFORD MA 01824
Miller Lloyd I Iii 10 percent owner
Robert E Fitzgerald other: Former Officer and Director 2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262
Brian J Sereda officer: CFO andTreasurer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Mobius Vi Llc 10 percent owner A/O MOBIUS VENTURO CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO ROAD, PALO ALTO CA 94306
Mobius Technology Ventures Vi Lp 10 percent owner C/O MOBIUS VANTURE CAPITAL 2 PALO ALLO, STE. 500 3000 ELCAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Side Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Advisors Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Softbank U S Ventures Vi L P 10 percent owner 200 W EVELYN AVE, STE 200, MOUNTAIN VIEW CA 94043
Daniel Hesse director
Bradley A Feld 10 percent owner C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Roizen Jo Ann Heidi 10 percent owner
Carol B Armitage director C/O WINDSTREAM CORPORATION 4001 RODNEY PARHAM RD; B1F3 LITTLE ROCK AR 72212