GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonage Holdings Corp (STU:V1Y) » Definitions » Cyclically Adjusted PB Ratio

Vonage Holdings (STU:V1Y) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Vonage Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vonage Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vonage Holdings'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.

Vonage Holdings Cyclically Adjusted PB Ratio Chart

Vonage Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Vonage Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 Vonage Holdings's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Vonage Holdings'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.


Vonage Holdings's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonage Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vonage Holdings 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.

Vonage Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Vonage Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=2.037/121.3010*121.3010
=2.037

Current CPI (Mar. 2022) = 121.3010.

Vonage Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201206 1.112 96.819 1.393
201209 1.132 97.633 1.406
201212 1.138 96.871 1.425
201303 1.163 98.209 1.436
201306 1.150 98.518 1.416
201309 1.141 98.790 1.401
201312 1.162 98.326 1.434
201403 1.155 99.695 1.405
201406 1.178 100.560 1.421
201409 1.246 100.428 1.505
201412 1.317 99.070 1.613
201503 1.531 99.621 1.864
201506 1.534 100.684 1.848
201509 1.580 100.392 1.909
201512 1.665 99.792 2.024
201603 1.648 100.470 1.990
201606 1.708 101.688 2.037
201609 1.804 101.861 2.148
201612 1.890 101.863 2.251
201703 1.878 102.862 2.215
201706 1.888 103.349 2.216
201709 1.871 104.136 2.179
201712 1.730 104.011 2.018
201803 1.754 105.290 2.021
201806 1.861 106.317 2.123
201809 1.925 106.507 2.192
201812 1.964 105.998 2.248
201903 1.936 107.251 2.190
201906 2.040 108.070 2.290
201909 2.002 108.329 2.242
201912 2.102 108.420 2.352
202003 1.988 108.902 2.214
202006 1.981 108.767 2.209
202009 1.975 109.815 2.182
202012 1.990 109.897 2.197
202103 2.003 111.754 2.174
202106 2.039 114.631 2.158
202109 2.086 115.734 2.186
202112 2.152 117.630 2.219
202203 2.037 121.301 2.037

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.


Vonage Holdings  (STU:V1Y) 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.


Vonage Holdings Cyclically Adjusted PB Ratio Related Terms

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


Vonage Holdings (STU:V1Y) Business Description

Traded in Other Exchanges
N/A
Address
23 Main Street, Holmdel, NJ, USA, 07733
Vonage Holdings Corp is a North American technology company that provides cloud communication services to businesses and consumers. For businesses, the company provides unified communications (as a service), which consists of integrated voice, text, video, data, and mobile applications over Voice over Internet Protocol network. Its reportable operating segments include Vonage Communications Platform and Consumer. For consumer service customers, there is a home telephone replacement service. This can include services such as voicemail, call waiting, and call forwarding. This service is delivered over the Internet. The company generates most of its revenue within the United States.

Vonage Holdings (STU:V1Y) Headlines

No Headlines