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Signature Eyewear (Signature Eyewear) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Signature Eyewear Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Signature Eyewear Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Signature Eyewear'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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Signature Eyewear Cyclically Adjusted PB Ratio Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
Cyclically Adjusted PB Ratio
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Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
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Competitive Comparison of Signature Eyewear's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.


Signature Eyewear's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Signature Eyewear's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Signature Eyewear 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.

Signature Eyewear's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2011 is calculated as:

For example, Signature Eyewear's adjusted Book Value per Share data for the three months ended in Apr. 2011 was:

Adj_Book=Book Value per Share/CPI of Apr. 2011 (Change)*Current CPI (Apr. 2011)
=0.305/94.8902*94.8902
=0.305

Current CPI (Apr. 2011) = 94.8902.

Signature Eyewear Quarterly Data

Book Value per Share CPI Adj_Book
200107 1.766 74.889 2.238
200110 -0.978 74.974 -1.238
200201 -1.042 74.720 -1.323
200204 -1.084 75.860 -1.356
200207 -1.223 75.986 -1.527
200210 -1.611 76.492 -1.998
200301 -1.541 76.661 -1.907
200304 -0.668 77.547 -0.817
200307 -0.734 77.589 -0.898
200310 -0.793 78.054 -0.964
200401 -0.835 78.138 -1.014
200404 -0.859 79.319 -1.028
200407 -0.803 79.910 -0.954
200410 -0.813 80.543 -0.958
200501 -0.791 80.458 -0.933
200504 -0.735 82.104 -0.849
200507 -0.599 82.441 -0.689
200510 -0.547 84.045 -0.618
200601 -0.528 83.665 -0.599
200604 -0.450 85.015 -0.502
200607 -0.414 85.859 -0.458
200610 -0.407 85.142 -0.454
200701 -0.384 85.402 -0.427
200704 -0.262 87.203 -0.285
200707 -0.225 87.884 -0.243
200710 0.029 88.152 0.031
200801 0.051 89.057 0.054
200804 0.090 90.636 0.094
200807 0.116 92.805 0.119
200810 0.128 91.375 0.133
200901 0.156 89.084 0.166
200904 0.187 89.968 0.197
200907 0.209 90.859 0.218
200910 0.225 91.207 0.234
201001 0.245 91.423 0.254
201004 0.268 91.980 0.276
201007 0.284 91.981 0.293
201010 0.291 92.277 0.299
201101 0.304 92.914 0.310
201104 0.305 94.890 0.305

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.


Signature Eyewear  (OTCPK:SEYE) 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.


Signature Eyewear Cyclically Adjusted PB Ratio Related Terms

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Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

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