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Superconductor Technologies (STU:ST7D) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Superconductor Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Superconductor Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Superconductor Technologies'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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Superconductor Technologies Cyclically Adjusted PB Ratio Chart

Superconductor Technologies Annual Data
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Cyclically Adjusted PB Ratio
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Superconductor Technologies Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of Superconductor Technologies's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Superconductor Technologies'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.


Superconductor Technologies's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Superconductor Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Superconductor Technologies 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.

Superconductor Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, Superconductor Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book=Book Value per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.96/114.6314*114.6314
=0.960

Current CPI (Jun. 2021) = 114.6314.

Superconductor Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201109 11,810.465 95.727 14,142.839
201112 9,874.419 95.213 11,888.227
201203 10,918.269 96.783 12,931.793
201206 9,091.346 96.819 10,763.916
201209 7,305.769 97.633 8,577.732
201212 6,032.308 96.871 7,138.268
201303 4,743.511 98.209 5,536.693
201306 3,963.946 98.518 4,612.290
201309 2,313.928 98.790 2,684.976
201312 1,481.389 98.326 1,727.049
201403 1,483.210 99.695 1,705.434
201406 1,530.617 100.560 1,744.806
201409 1,230.732 100.428 1,404.796
201412 736.054 99.070 851.672
201503 1,652.660 99.621 1,901.673
201506 1,299.112 100.684 1,479.075
201509 1,008.171 100.392 1,151.174
201512 984.150 99.792 1,130.492
201603 766.349 100.470 874.364
201606 546.863 101.688 616.470
201609 422.961 101.861 475.988
201612 391.935 101.863 441.065
201703 220.322 102.862 245.531
201706 166.962 103.349 185.189
201709 116.436 104.136 128.172
201712 86.695 104.011 95.547
201803 68.148 105.290 74.194
201806 47.069 106.317 50.750
201809 53.971 106.507 58.088
201812 39.094 105.998 42.278
201903 22.252 107.251 23.783
201906 11.400 108.070 12.092
201909 3.327 108.329 3.521
201912 1.645 108.420 1.739
202003 1.537 108.902 1.618
202006 1.532 108.767 1.615
202009 1.869 109.815 1.951
202012 1.522 109.897 1.588
202103 1.297 111.754 1.330
202106 0.960 114.631 0.960

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.


Superconductor Technologies  (STU:ST7D) 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.


Superconductor Technologies Cyclically Adjusted PB Ratio Related Terms

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Superconductor Technologies (STU:ST7D) Business Description

Traded in Other Exchanges
N/A
Address
8800 Village Drive, Suite 106, San Antonio, TX, USA, 78217
Clearday Inc is an innovative non-acute longevity health care services company with a modern, hopeful vision for making high-quality care options more accessible, affordable, and empowering for older Americans. The company offers longevity care, residential memory care, and wellness services through Clearday Network, Clearday at Home, Clearday Clubs, and Memory Care America.

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