SMME (SmartMetric) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is SmartMetric Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SmartMetric  (OTCPK:SMME) 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.


SmartMetric Cyclically Adjusted PB Ratio Related Terms


SmartMetric Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SmartMetric'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.

SmartMetric Cyclically Adjusted PB Ratio Chart

SmartMetric Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SmartMetric Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00

SMME vs MARK, VHAI, ATDS: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, SmartMetric'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.


SmartMetric Cyclically Adjusted PB Ratio vs Software Industry

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

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



SmartMetric 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.

SmartMetric's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, SmartMetric's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.001/315.3010*315.3010
=-0.001

Current CPI (Sep. 2024) = 315.3010.

SmartMetric Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.004 234.812 -0.005
201503 -0.005 236.119 -0.007
201506 -0.005 238.638 -0.007
201509 -0.006 237.945 -0.008
201512 -0.006 236.525 -0.008
201603 -0.006 238.132 -0.008
201606 -0.010 241.018 -0.013
201609 -0.010 241.428 -0.013
201612 -0.006 241.432 -0.008
201703 -0.005 243.801 -0.006
201706 -0.006 244.955 -0.008
201709 -0.006 246.819 -0.008
201712 -0.005 246.524 -0.006
201803 -0.006 249.554 -0.008
201806 -0.006 251.989 -0.008
201809 -0.006 252.439 -0.007
201812 -0.007 251.233 -0.009
201903 -0.007 254.202 -0.009
201906 -0.008 256.143 -0.010
201909 -0.007 256.759 -0.009
201912 -0.007 256.974 -0.009
202003 -0.006 258.115 -0.007
202006 -0.005 257.797 -0.006
202009 -0.006 260.280 -0.007
202012 -0.005 260.474 -0.006
202103 -0.005 264.877 -0.006
202106 -0.006 271.696 -0.007
202109 -0.006 274.310 -0.007
202112 -0.006 278.802 -0.007
202203 -0.004 287.504 -0.004
202206 -0.004 296.311 -0.004
202209 -0.002 296.808 -0.002
202212 -0.002 296.797 -0.002
202303 -0.002 301.836 -0.002
202306 -0.001 305.109 -0.001
202309 -0.001 307.789 -0.001
202312 -0.001 306.746 -0.001
202403 -0.001 312.332 -0.001
202406 -0.001 314.175 -0.001
202409 -0.001 315.301 -0.001

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.


SmartMetric Business Description

Address 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89109
SmartMetric Inc is engaged in the technology industry. It holds the license to biometric smart card technology. The company has developed a fingerprint sensor-activated payment card and a security card with a finger sensor and a fully functional fingerprint reader embedded inside the card. The cards have a rechargeable battery allowing for portable biometric identification and card activation. Its product offerings include Touch & Pay card, Smart Security card, Smart Identity card, Smart health records card, and smart driver's license.