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SenesTech (STU:SE81) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is SenesTech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SenesTech Cyclically Adjusted PB Ratio Historical Data

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

SenesTech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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SenesTech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of SenesTech's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, SenesTech'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.


SenesTech's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SenesTech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SenesTech 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.

SenesTech's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SenesTech's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.133/129.4194*129.4194
=1.133

Current CPI (Dec23) = 129.4194.

SenesTech Annual Data

Book Value per Share CPI Adj_Book
201412 -4,642.000 99.070 -6,064.063
201512 -10,394.000 99.792 -13,479.837
201612 4,841.509 101.863 6,151.272
201712 1,858.480 104.011 2,312.478
201812 1,134.969 105.998 1,385.754
201912 392.190 108.420 468.151
202012 150.259 109.897 176.952
202112 174.617 117.630 192.119
202212 73.855 125.222 76.331
202312 1.133 129.419 1.133

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.


SenesTech  (STU:SE81) 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.


SenesTech Cyclically Adjusted PB Ratio Related Terms

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SenesTech (STU:SE81) Business Description

Industry
Traded in Other Exchanges
Address
23460 N 19th Avenue, Suite 110, Phoenix, AZ, USA, 85027
SenesTech Inc is a United States-based biotech platform and research company engaged in developing technology for managing animal pest populations through fertility control. The company provides its solutions to the animal market, commercial markets, and food markets.

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