GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SunHydrogen Inc (STU:1H3) » Definitions » Cyclically Adjusted PB Ratio

SunHydrogen (STU:1H3) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


View and export this data going back to 2014. Start your Free Trial

What is SunHydrogen Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SunHydrogen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SunHydrogen'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.

SunHydrogen Cyclically Adjusted PB Ratio Chart

SunHydrogen Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SunHydrogen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 SunHydrogen's Cyclically Adjusted PB Ratio

For the Solar subindustry, SunHydrogen'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.


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

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

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



SunHydrogen 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.

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

For example, SunHydrogen'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)
=0.008/131.7762*131.7762
=0.008

Current CPI (Mar. 2024) = 131.7762.

SunHydrogen Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.016 100.560 -0.021
201409 -0.011 100.428 -0.014
201412 -0.017 99.070 -0.023
201503 -0.023 99.621 -0.030
201506 -0.026 100.684 -0.034
201509 -0.022 100.392 -0.029
201512 -0.018 99.792 -0.024
201603 -0.011 100.470 -0.014
201606 -0.012 101.688 -0.016
201609 -0.013 101.861 -0.017
201612 -0.010 101.863 -0.013
201703 -0.006 102.862 -0.008
201706 -0.005 103.349 -0.006
201709 -0.005 104.136 -0.006
201712 -0.006 104.011 -0.008
201803 -0.018 105.290 -0.023
201806 -0.013 106.317 -0.016
201809 -0.010 106.507 -0.012
201812 -0.014 105.998 -0.017
201903 -0.010 107.251 -0.012
201906 -0.005 108.070 -0.006
201909 -0.004 108.329 -0.005
201912 -0.006 108.420 -0.007
202003 -0.005 108.902 -0.006
202006 -0.027 108.767 -0.033
202009 -0.025 109.815 -0.030
202012 -0.052 109.897 -0.062
202103 -0.040 111.754 -0.047
202106 -0.017 114.631 -0.020
202109 -0.007 115.734 -0.008
202112 0.001 117.630 0.001
202203 0.003 121.301 0.003
202206 0.005 125.017 0.005
202209 0.006 125.227 0.006
202212 0.007 125.222 0.007
202303 0.007 127.348 0.007
202306 0.010 128.729 0.010
202309 0.009 129.860 0.009
202312 0.008 129.419 0.008
202403 0.008 131.776 0.008

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.


SunHydrogen  (STU:1H3) 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.


SunHydrogen Cyclically Adjusted PB Ratio Related Terms

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


SunHydrogen (STU:1H3) Business Description

Industry
Traded in Other Exchanges
Address
BioVentures Center, 2500 Crosspark Road, Coralville, IA, USA, 52241
SunHydrogen Inc is engaged in developing a novel solar-powered nanoparticle system that mimics photosynthesis to separate hydrogen from water. It offers an efficient and cost-effective way to produce truly green hydrogen using sunlight and any source of water. The company serves transportation; power generation; industrial energy; building heat and power and other markets.

SunHydrogen (STU:1H3) Headlines

No Headlines