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Strasbaugh (Strasbaugh) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Strasbaugh Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Strasbaugh Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Strasbaugh'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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Strasbaugh Cyclically Adjusted PB Ratio Chart

Strasbaugh Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Dec07 Dec08 Dec09
Cyclically Adjusted PB Ratio
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Strasbaugh Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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Competitive Comparison of Strasbaugh's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Strasbaugh'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.


Strasbaugh's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Strasbaugh 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2010 (Change)*Current CPI (Jun. 2010)
=-0.452/91.9618*91.9618
=-0.452

Current CPI (Jun. 2010) = 91.9618.

Strasbaugh Quarterly Data

Book Value per Share CPI Adj_Book
199709 151.625 68.012 205.018
199712 154.552 68.054 208.846
199803 159.237 68.434 213.983
199806 145.444 68.771 194.489
199809 144.248 69.025 192.182
199812 134.124 69.151 178.367
199903 127.257 69.615 168.106
199906 115.569 70.122 151.564
199909 108.624 70.839 141.014
199912 96.307 71.008 124.727
200003 168.326 72.231 214.306
200006 368.734 72.737 466.190
200009 407.120 73.286 510.869
200012 403.660 73.413 505.654
200103 370.961 74.341 458.891
200106 355.597 75.100 435.437
200109 347.931 75.227 425.333
200112 317.118 74.552 391.175
200203 307.930 75.438 375.380
200206 304.634 75.902 369.092
200209 301.353 76.366 362.898
200212 277.738 76.324 334.645
200303 266.797 77.716 315.703
200306 249.443 77.505 295.971
200309 234.563 78.138 276.061
200312 225.944 77.758 267.216
200403 84.676 79.066 98.487
200406 82.200 80.037 94.448
200409 79.032 80.121 90.712
200412 40.767 80.290 46.694
200803 -0.092 90.090 -0.094
200806 -0.136 92.320 -0.135
200809 -0.193 92.307 -0.192
200812 -0.379 88.697 -0.393
200903 -0.283 89.744 -0.290
200906 -0.391 91.003 -0.395
200909 -0.477 91.120 -0.481
200912 -0.435 91.111 -0.439
201003 -0.438 91.821 -0.439
201006 -0.452 91.962 -0.452

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.


Strasbaugh  (OTCPK:STRB) 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.


Strasbaugh Cyclically Adjusted PB Ratio Related Terms

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Strasbaugh (Strasbaugh) Business Description

Industry
Traded in Other Exchanges
N/A
Address
825 Buckley Road, San Luis Obispo, CA, USA, 93401
Strasbaugh makes equipment that is used to make microelectronics. The company manufactures and sells CMP and grinding equipment for use in the production of semiconductor devices. Its CMP and wafer grinding systems are used to manufacture a range of mobile devices, including MEMS, LEDs, RF/power devices, thin film heads, and ICs.
Executives
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Miller Lloyd I Iii 10 percent owner
Richard H Nance officer: Executive VP and CFO 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Danilo Cacciamatta director
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019

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