GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SED International Holdings Inc (OTCPK:SEDN) » Definitions » Cyclically Adjusted PB Ratio

SEDN (SED International Holdings) Cyclically Adjusted PB Ratio : (As of Sep. 26, 2024)


View and export this data going back to 1986. Start your Free Trial

What is SED International Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SED International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SED International Holdings'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.

SED International Holdings Cyclically Adjusted PB Ratio Chart

SED International Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SED International Holdings Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 SED International Holdings's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, SED International Holdings'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.


SED International Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



SED International Holdings 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.

SED International Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2013 is calculated as:

For example, SED International Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2013 was:

Adj_Book=Book Value per Share/CPI of Jun. 2013 (Change)*Current CPI (Jun. 2013)
=1.528/98.5178*98.5178
=1.528

Current CPI (Jun. 2013) = 98.5178.

SED International Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200212 7.046 76.324 9.095
200303 6.276 77.716 7.956
200306 7.123 77.505 9.054
200309 6.966 78.138 8.783
200312 6.888 77.758 8.727
200403 6.254 79.066 7.793
200406 6.085 80.037 7.490
200506 5.638 82.062 6.769
200509 0.000 83.876 0.000
200512 0.000 83.032 0.000
200603 0.000 84.298 0.000
200606 5.535 85.606 6.370
200609 5.636 85.606 6.486
200612 5.749 85.142 6.652
200703 5.782 86.640 6.575
200706 5.713 87.906 6.403
200709 4.786 87.964 5.360
200712 4.747 88.616 5.277
200803 4.909 90.090 5.368
200806 4.432 92.320 4.730
200809 3.985 92.307 4.253
200812 3.694 88.697 4.103
200903 3.407 89.744 3.740
200906 3.678 91.003 3.982
200909 3.968 91.120 4.290
200912 3.729 91.111 4.032
201003 3.862 91.821 4.144
201006 3.973 91.962 4.256
201009 4.219 92.162 4.510
201012 4.335 92.474 4.618
201103 4.544 94.283 4.748
201106 4.672 95.235 4.833
201109 4.296 95.727 4.421
201112 5.047 95.213 5.222
201203 5.287 96.783 5.382
201206 4.903 96.819 4.989
201209 4.461 97.633 4.501
201212 4.055 96.871 4.124
201303 3.153 98.209 3.163
201306 1.528 98.518 1.528

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.


SED International Holdings  (OTCPK:SEDN) 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.


SED International Holdings Cyclically Adjusted PB Ratio Related Terms

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


SED International Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3505 Newpoint Place, Suite 450, Lawrenceville, GA, USA, 30043
SED International Holdings Inc is a distributor of leading computer technology, consumer electronics, small appliances, and cellular products. The company also offers custom-tailored supply chain management services ideally suited to meet the priorities and distribution requirements of the e-commerce, Business-to-Business, and Business-to-Consumer markets.
Executives
Hagan John Ronald Jr officer: Interim CEO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Dennis L Chandler director 300 TOWER PARKWAY, LINCOLNSHIRE IL 60069
John D Abouchar director 27271 LAS RAMBLAS, STE. 200 MISSION VIEJO CA 92691
Arthur L Goldberg director C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Hummingbird Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See Footnotes C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

SED International Holdings Headlines

From GuruFocus

SED International: Concerns over Margins and Leverage

By Mark Lin Mark Lin 12-18-2012