Vicon Industries (STU:VCI) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Vicon Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicon Industries  (STU:VCI) 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.


Vicon Industries Cyclically Adjusted PB Ratio Related Terms


Vicon Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vicon Industries'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.

Vicon Industries Cyclically Adjusted PB Ratio Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cyclically Adjusted PB Ratio
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Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.00 0.00 0.00 0.00 0.00

STU:VCI vs DIRV, GWSN, UUU: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Vicon Industries'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.


Vicon Industries Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Vicon Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vicon Industries 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.

Vicon Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Vicon Industries's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-2.444/252.4390*252.4390
=-2.444

Current CPI (Sep. 2018) = 252.4390.

Vicon Industries Quarterly Data

Book Value per Share CPI Adj_Book
200812 12,375.000 210.228 14,859.736
200903 12,772.500 212.709 15,158.160
200906 12,481.500 215.693 14,607.880
200909 12,142.000 215.969 14,192.381
200912 11,829.500 215.949 13,828.391
201003 12,244.000 217.631 14,202.311
201006 13,610.500 217.965 15,763.178
201009 12,797.000 218.439 14,788.851
201012 12,458.500 219.179 14,349.054
201103 11,615.000 223.467 13,120.859
201106 8,031.500 225.722 8,982.128
201109 8,158.500 226.889 9,077.230
201112 8,380.000 225.672 9,373.953
201203 8,315.500 229.392 9,150.958
201206 8,489.500 229.478 9,338.938
201209 8,221.000 231.407 8,968.186
201212 7,981.000 229.601 8,774.856
201303 7,500.500 232.773 8,134.185
201306 7,074.500 233.504 7,648.176
201309 8,050.500 234.149 8,679.346
201312 7,343.000 233.049 7,953.948
201403 6,584.500 236.293 7,034.422
201406 6,228.500 238.343 6,596.864
201409 4,061.600 238.031 4,307.448
201412 3,898.200 234.812 4,190.832
201503 4,135.000 236.119 4,420.802
201506 3,889.800 238.638 4,114.756
201509 3,824.800 237.945 4,057.781
201512 3,819.400 236.525 4,076.379
201603 2,353.800 238.132 2,495.217
201606 2,163.800 241.018 2,266.335
201609 1,519.600 241.428 1,588.906
201612 1,398.000 241.432 1,461.735
201703 1,051.400 243.801 1,088.652
201706 835.400 244.955 860.924
201709 397.600 246.819 406.653
201712 388.222 246.524 397.537
201803 250.556 249.554 253.453
201806 94.111 251.989 94.279
201809 -2.444 252.439 -2.444

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.


Vicon Industries Business Description

Address 135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.