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


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What is Simclar Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Simclar Cyclically Adjusted PB Ratio Historical Data

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

Simclar Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cyclically Adjusted PB Ratio
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Simclar Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of Simclar's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Simclar'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.


Simclar's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Simclar 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.

Simclar's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2008 is calculated as:

For example, Simclar's adjusted Book Value per Share data for the three months ended in Sep. 2008 was:

Adj_Book=Book Value per Share/CPI of Sep. 2008 (Change)*Current CPI (Sep. 2008)
=2.629/92.3069*92.3069
=2.629

Current CPI (Sep. 2008) = 92.3069.

Simclar Quarterly Data

Book Value per Share CPI Adj_Book
199812 1.809 69.151 2.415
199903 1.752 69.615 2.323
199906 1.752 70.122 2.306
199909 1.728 70.839 2.252
199912 1.698 71.008 2.207
200003 1.661 72.231 2.123
200006 1.642 72.737 2.084
200009 1.682 73.286 2.119
200012 1.766 73.413 2.221
200103 1.758 74.341 2.183
200106 1.611 75.100 1.980
200109 1.510 75.227 1.853
200112 1.369 74.552 1.695
200203 1.407 75.438 1.722
200206 1.440 75.902 1.751
200209 1.523 76.366 1.841
200212 1.582 76.324 1.913
200303 1.612 77.716 1.915
200306 1.680 77.505 2.001
200309 1.716 78.138 2.027
200312 1.819 77.758 2.159
200403 1.892 79.066 2.209
200406 2.029 80.037 2.340
200409 2.111 80.121 2.432
200412 2.184 80.290 2.511
200503 2.229 81.555 2.523
200506 2.265 82.062 2.548
200509 2.302 83.876 2.533
200512 2.329 83.032 2.589
200603 2.492 84.298 2.729
200606 2.528 85.606 2.726
200609 2.623 85.606 2.828
200612 2.772 85.142 3.005
200703 2.867 86.640 3.055
200706 3.082 87.906 3.236
200709 3.149 87.964 3.304
200712 3.141 88.616 3.272
200803 3.150 90.090 3.228
200806 2.748 92.320 2.748
200809 2.629 92.307 2.629

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.


Simclar  (OTCPK:SIMC) 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.


Simclar Cyclically Adjusted PB Ratio Related Terms

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


Simclar (Simclar) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2230 West 77th Street, Hialeah, FL, USA, 33016
Simclar Inc is a contract manufacturer of electronic and electro mechanical products, providing electronics manufacturing services to original equipment manufacturers.

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