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


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What is Sense Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sense Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sense Technologies'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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Sense Technologies Cyclically Adjusted PB Ratio Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Cyclically Adjusted PB Ratio
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Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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Competitive Comparison of Sense Technologies's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Sense Technologies'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.


Sense Technologies's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sense Technologies 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.

Sense Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2016 is calculated as:

For example, Sense Technologies's adjusted Book Value per Share data for the three months ended in Nov. 2016 was:

Adj_Book=Book Value per Share/CPI of Nov. 2016 (Change)*Current CPI (Nov. 2016)
=-0.265/101.8294*101.8294
=-0.265

Current CPI (Nov. 2016) = 101.8294.

Sense Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200702 -0.680 85.858 -0.806
200705 -0.461 87.736 -0.535
200708 -0.520 87.722 -0.604
200711 -0.557 88.676 -0.640
200802 -0.575 89.316 -0.656
200805 -0.601 91.399 -0.670
200808 -0.636 92.435 -0.701
200811 -0.570 89.624 -0.648
200902 -0.596 89.527 -0.678
200905 -0.575 90.228 -0.649
200908 -0.617 91.063 -0.690
200911 -0.582 91.272 -0.649
201002 -0.615 91.445 -0.685
201005 -0.573 92.052 -0.634
201008 -0.496 92.108 -0.548
201011 -0.483 92.315 -0.533
201102 -0.398 93.373 -0.434
201105 -0.393 95.337 -0.420
201108 -0.371 95.582 -0.395
201111 -0.375 95.449 -0.400
201202 -0.393 96.053 -0.417
201205 -0.388 96.961 -0.407
201208 -0.395 97.199 -0.414
201211 -0.413 97.133 -0.433
201302 -0.434 97.953 -0.451
201305 -0.454 98.282 -0.470
201308 -0.460 98.675 -0.475
201311 -0.474 98.334 -0.491
201402 -0.456 99.057 -0.469
201405 -0.450 100.373 -0.457
201408 -0.426 100.352 -0.432
201411 -0.438 99.635 -0.448
201502 -0.408 99.032 -0.420
201505 -0.397 100.333 -0.403
201508 -0.401 100.548 -0.406
201511 -0.386 100.135 -0.393
201602 -0.401 100.040 -0.408
201605 -0.389 101.355 -0.391
201608 -0.397 101.617 -0.398
201611 -0.265 101.829 -0.265

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.


Sense Technologies  (OTCPK:SNSGF) 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.


Sense Technologies Cyclically Adjusted PB Ratio Related Terms

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Sense Technologies (Sense Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

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