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PowerBand Solutions (PowerBand Solutions) Cyclically Adjusted PB Ratio : 0.57 (As of May. 16, 2024)


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What is PowerBand Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PowerBand Solutions's current share price is $0.04. PowerBand Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $0.07. PowerBand Solutions's Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for PowerBand Solutions's Cyclically Adjusted PB Ratio or its related term are showing as below:

PWWBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 1.57   Max: 17.14
Current: 0.85

During the past years, PowerBand Solutions's highest Cyclically Adjusted PB Ratio was 17.14. The lowest was 0.07. And the median was 1.57.

PWWBF's Cyclically Adjusted PB Ratio is ranked better than
82.11% of 1336 companies
in the Software industry
Industry Median: 2.615 vs PWWBF: 0.85

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PowerBand Solutions's adjusted book value per share data for the three months ended in Sep. 2023 was $-0.017. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.07 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerBand Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PowerBand Solutions'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.

PowerBand Solutions Cyclically Adjusted PB Ratio Chart

PowerBand Solutions Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.78 0.89

PowerBand Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.58 0.89 0.67 - 0.15

Competitive Comparison of PowerBand Solutions's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, PowerBand Solutions'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.


PowerBand Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, PowerBand Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PowerBand Solutions 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.

PowerBand Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.07
=0.57

* 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.

PowerBand Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, PowerBand Solutions's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.017/125.2304*125.2304
=-0.017

Current CPI (Sep. 2023) = 125.2304.

PowerBand Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201310 0.166 97.182 0.214
201401 0.153 97.261 0.197
201404 0.143 98.920 0.181
201407 0.136 99.315 0.171
201410 0.124 99.473 0.156
201501 0.111 98.209 0.142
201504 0.097 99.710 0.122
201507 0.087 100.579 0.108
201510 0.073 100.500 0.091
201601 0.078 100.184 0.097
201604 0.079 101.370 0.098
201607 0.073 101.844 0.090
201610 0.058 102.002 0.071
201701 0.048 102.318 0.059
201704 0.029 103.029 0.035
201707 0.017 103.029 0.021
201710 -0.030 103.424 -0.036
201801 -0.061 104.056 -0.073
201806 0.042 105.557 0.050
201809 0.031 105.636 0.037
201812 0.033 105.399 0.039
201903 0.040 106.979 0.047
201906 0.024 107.690 0.028
201909 0.007 107.611 0.008
201912 -0.012 107.769 -0.014
202003 -0.023 107.927 -0.027
202006 0.013 108.401 0.015
202009 -0.001 108.164 -0.001
202012 -0.004 108.559 -0.005
202103 0.019 110.298 0.022
202106 -0.011 111.720 -0.012
202109 0.040 112.905 0.044
202112 0.015 113.774 0.017
202203 0.005 117.646 0.005
202206 0.046 120.806 0.048
202209 0.044 120.648 0.046
202212 0.020 120.964 0.021
202303 0.013 122.702 0.013
202306 0.000 124.203 0.000
202309 -0.017 125.230 -0.017

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.


PowerBand Solutions  (OTCPK:PWWBF) 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.


PowerBand Solutions Cyclically Adjusted PB Ratio Related Terms

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


PowerBand Solutions (PowerBand Solutions) Business Description

Traded in Other Exchanges
Address
3385 Harvester Road, Suite 225, Burlington, ON, CAN, L7N 3N2
PowerBand Solutions Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance and lease new and used vehicles, which includes real time appraisal services, market information and financing solutions. The company provides various solutions such as LiveNet, Marketplace Auction, Dynamic Appraisal, and Market Intelligence. The LiveNet Auction Portal allows Dealers to create an instant, online auction that launches a used vehicle to a vast network of the industry's top used vehicle buyers. Appraisal System is customizable to meet the respective compliance requirements.

PowerBand Solutions (PowerBand Solutions) Headlines