SPDE (Speedus) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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 Speedus Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Speedus  (OTCPK:SPDE) 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.


Speedus Cyclically Adjusted PB Ratio Related Terms


Speedus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Speedus'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.

Speedus Cyclically Adjusted PB Ratio Chart

Speedus Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
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

Speedus Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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

SPDE vs LENSF, WHSI, ASNB: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Speedus'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.


Speedus Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Speedus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Speedus 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.

Speedus's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2010 is calculated as:

For example, Speedus's adjusted Book Value per Share data for the three months ended in Sep. 2010 was:

Adj_Book=Book Value per Share/CPI of Sep. 2010 (Change)*Current CPI (Sep. 2010)
=-0.319/218.4390*218.4390
=-0.319

Current CPI (Sep. 2010) = 218.4390.

Speedus Quarterly Data

Book Value per Share CPI Adj_Book
200012 10.809 174.000 13.570
200103 11.159 176.200 13.834
200106 10.549 178.000 12.946
200109 10.983 178.300 13.455
200112 9.426 176.700 11.653
200203 9.224 178.800 11.269
200206 8.480 179.900 10.297
200209 8.908 181.000 10.751
200212 7.642 180.900 9.228
200303 7.346 184.200 8.711
200306 6.022 183.700 7.161
200309 5.499 185.200 6.486
200312 5.177 184.300 6.136
200403 7.703 187.400 8.979
200406 7.365 189.700 8.481
200409 7.087 189.900 8.152
200412 6.621 190.300 7.600
200503 6.382 193.300 7.212
200506 6.064 194.500 6.810
200509 5.811 198.800 6.385
200512 5.256 196.800 5.834
200603 4.955 199.800 5.417
200606 4.534 202.900 4.881
200609 4.289 202.900 4.617
200612 4.020 201.800 4.351
200703 3.739 205.352 3.977
200706 3.595 208.352 3.769
200709 3.305 208.490 3.463
200712 2.969 210.036 3.088
200803 2.635 213.528 2.696
200806 2.180 218.815 2.176
200809 1.661 218.783 1.658
200812 0.757 210.228 0.787
200903 0.428 212.709 0.440
200906 0.121 215.693 0.123
200909 -0.065 215.969 -0.066
200912 0.143 215.949 0.145
201003 0.001 217.631 0.001
201006 -0.152 217.965 -0.152
201009 -0.319 218.439 -0.319

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.


Speedus Business Description

Address 1 Dag Hammarskjold Boulevard, Freehold, NJ, USA, 07728
Speedus Corp through its subsidiaries focuses on improving health outcomes and cost effectiveness through the development of computer-aided medical devices and telemedicine based delivery systems.