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Smart Ventures (Smart Ventures) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Smart Ventures Cyclically Adjusted PB Ratio?

Smart Ventures does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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Smart Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Smart Ventures'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.

Smart Ventures Cyclically Adjusted PB Ratio Chart

Smart Ventures Annual Data
Trend Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
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Smart Ventures Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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Competitive Comparison of Smart Ventures's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Smart Ventures'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.


Smart Ventures's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Smart Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Smart Ventures 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.

Smart Ventures does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Smart Ventures  (GREY:SMVR) 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.


Smart Ventures Cyclically Adjusted PB Ratio Related Terms

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Smart Ventures (Smart Ventures) Business Description

Traded in Other Exchanges
N/A
Address
1907 Woerner Road, Houston, TX, USA, 77090
Smart Ventures Inc is a diversified holding company. The company through its subsidiary is engaged in providing oil & gas drilling services, engineering (EPC), mineral mining, and also engaged in supplying of specialty chemicals.

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