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ProtoSource (ProtoSource) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is ProtoSource Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ProtoSource Cyclically Adjusted PB Ratio Historical Data

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

ProtoSource Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PB Ratio
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ProtoSource Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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Competitive Comparison of ProtoSource's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, ProtoSource'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.


ProtoSource's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ProtoSource's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ProtoSource 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.

ProtoSource's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2009 is calculated as:

For example, ProtoSource's adjusted Book Value per Share data for the three months ended in Sep. 2009 was:

Adj_Book=Book Value per Share/CPI of Sep. 2009 (Change)*Current CPI (Sep. 2009)
=-0.595/91.1196*91.1196
=-0.595

Current CPI (Sep. 2009) = 91.1196.

ProtoSource Quarterly Data

Book Value per Share CPI Adj_Book
199912 1.804 71.008 2.315
200003 1.871 72.231 2.360
200006 1.840 72.737 2.305
200009 2.899 73.286 3.604
200012 2.321 73.413 2.881
200103 2.157 74.341 2.644
200106 0.336 75.100 0.408
200109 0.234 75.227 0.283
200112 0.136 74.552 0.166
200203 0.113 75.438 0.136
200206 0.135 75.902 0.162
200209 0.060 76.366 0.072
200212 0.033 76.324 0.039
200303 -0.004 77.716 -0.005
200306 -0.008 77.505 -0.009
200309 -0.019 78.138 -0.022
200312 -0.259 77.758 -0.304
200403 -0.233 79.066 -0.269
200406 -0.259 80.037 -0.295
200409 -0.314 80.121 -0.357
200412 -0.328 80.290 -0.372
200503 -0.344 81.555 -0.384
200506 -0.353 82.062 -0.392
200509 -0.358 83.876 -0.389
200512 -0.389 83.032 -0.427
200603 -0.392 84.298 -0.424
200606 -0.396 85.606 -0.422
200609 -0.521 85.606 -0.555
200612 -0.411 85.142 -0.440
200703 -0.418 86.640 -0.440
200706 -0.424 87.906 -0.440
200709 -0.485 87.964 -0.502
200712 -0.494 88.616 -0.508
200803 -0.519 90.090 -0.525
200806 -0.536 92.320 -0.529
200809 -0.526 92.307 -0.519
200812 -0.555 88.697 -0.570
200903 -0.569 89.744 -0.578
200906 -0.585 91.003 -0.586
200909 -0.595 91.120 -0.595

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.


ProtoSource  (OTCPK:PSCO) 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.


ProtoSource Cyclically Adjusted PB Ratio Related Terms

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ProtoSource (ProtoSource) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Radin Bagus 7, 13-2 2nd Floor, Kuala Lumpur, SGR, MYS, 57000
ProtoSource Corp is a shell company.

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