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Solidus Communications (Solidus Communications) Cyclically Adjusted PB Ratio : 0.00 (As of May. 24, 2024)


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What is Solidus Communications Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Solidus Communications's current share price is $0.0016. Solidus Communications's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov16 was $6.37. Solidus Communications's Cyclically Adjusted PB Ratio for today is 0.00.

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

SLDC's Cyclically Adjusted PB Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.45
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Solidus Communications's adjusted book value per share data of for the fiscal year that ended in Nov16 was $-1.180. 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 $6.37 for the trailing ten years ended in Nov16.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solidus Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Cyclically Adjusted PB Ratio Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Cyclically Adjusted PB Ratio
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Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
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Competitive Comparison of Solidus Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Solidus Communications 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.

Solidus Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0016/6.37
=0.00

* 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.

Solidus Communications's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov16 is calculated as:

For example, Solidus Communications's adjusted Book Value per Share data for the fiscal year that ended in Nov16 was:

Adj_Book=Book Value per Share/CPI of Nov16 (Change)*Current CPI (Nov16)
=-1.18/101.8294*101.8294
=-1.180

Current CPI (Nov16) = 101.8294.

Solidus Communications Annual Data

Book Value per Share CPI Adj_Book
200711 9.487 88.676 10.894
200811 0.256 89.624 0.291
200911 -15.641 91.272 -17.450
201011 151.055 92.315 166.623
201111 -46.431 95.449 -49.535
201211 -8.290 97.133 -8.691
201311 -17.986 98.334 -18.625
201411 -15.656 99.635 -16.001
201511 -2.631 100.135 -2.676
201611 -1.180 101.829 -1.180

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.


Solidus Communications  (OTCPK:SLDC) 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.


Solidus Communications Cyclically Adjusted PB Ratio Related Terms

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


Solidus Communications (Solidus Communications) Business Description

Traded in Other Exchanges
N/A
Address
454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174
Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

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