GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Bactech Environmental Corp (STU:0BT1) » Definitions » Cyclically Adjusted PB Ratio

Bactech Environmental (STU:0BT1) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Bactech Environmental Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bactech Environmental Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bactech Environmental'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.

Bactech Environmental Cyclically Adjusted PB Ratio Chart

Bactech Environmental Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Bactech Environmental Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Bactech Environmental's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Bactech Environmental'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.


Bactech Environmental's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Bactech Environmental's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bactech Environmental 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.

Bactech Environmental's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.009/126.2576*126.2576
=-0.009

Current CPI (Mar. 2024) = 126.2576.

Bactech Environmental Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.051 98.604 -0.065
201406 -0.053 99.473 -0.067
201409 0.007 99.394 0.009
201412 -0.017 98.367 -0.022
201503 -0.019 99.789 -0.024
201506 -0.021 100.500 -0.026
201509 -0.022 100.421 -0.028
201512 -0.026 99.947 -0.033
201603 -0.028 101.054 -0.035
201606 -0.030 102.002 -0.037
201609 -0.020 101.765 -0.025
201612 -0.025 101.449 -0.031
201703 -0.026 102.634 -0.032
201706 -0.029 103.029 -0.036
201709 -0.028 103.345 -0.034
201712 -0.028 103.345 -0.034
201803 -0.029 105.004 -0.035
201806 -0.022 105.557 -0.026
201809 -0.024 105.636 -0.029
201812 -0.022 105.399 -0.026
201903 -0.025 106.979 -0.030
201906 -0.027 107.690 -0.032
201909 -0.027 107.611 -0.032
201912 -0.028 107.769 -0.033
202003 -0.027 107.927 -0.032
202006 -0.019 108.401 -0.022
202009 -0.015 108.164 -0.018
202012 -0.015 108.559 -0.017
202103 -0.012 110.298 -0.014
202106 -0.012 111.720 -0.014
202109 -0.012 112.905 -0.013
202112 -0.006 113.774 -0.007
202203 -0.003 117.646 -0.003
202206 -0.002 120.806 -0.002
202209 -0.005 120.648 -0.005
202212 -0.008 120.964 -0.008
202303 -0.006 122.702 -0.006
202309 -0.009 125.230 -0.009
202312 -0.008 125.072 -0.008
202403 -0.009 126.258 -0.009

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.


Bactech Environmental  (STU:0BT1) 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.


Bactech Environmental Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bactech Environmental's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bactech Environmental (STU:0BT1) Business Description

Traded in Other Exchanges
Address
37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Bactech Environmental Corp is an environmental technology company based in Canada. It is engaged in applying the bioleaching technology to abatement and reclamation projects to remove the harmful elements including arsenic and sulphur from the environment.

Bactech Environmental (STU:0BT1) Headlines

No Headlines