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SheerVision (SheerVision) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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What is SheerVision Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SheerVision Cyclically Adjusted PB Ratio Historical Data

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

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Cyclically Adjusted PB Ratio
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SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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Competitive Comparison of SheerVision's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, SheerVision'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.


SheerVision's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SheerVision 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.

SheerVision's Cyclically Adjusted Book per Share for the quarter that ended in May. 2010 is calculated as:

For example, SheerVision's adjusted Book Value per Share data for the three months ended in May. 2010 was:

Adj_Book=Book Value per Share/CPI of May. 2010 (Change)*Current CPI (May. 2010)
=-0.069/92.0516*92.0516
=-0.069

Current CPI (May. 2010) = 92.0516.

SheerVision Quarterly Data

Book Value per Share CPI Adj_Book
200006 0.004 72.737 0.005
200009 0.024 73.286 0.030
200012 0.016 73.413 0.020
200103 0.011 74.341 0.014
200106 0.002 75.100 0.002
200109 -0.020 75.227 -0.024
200112 0.013 74.552 0.016
200203 0.003 75.438 0.004
200206 0.004 75.902 0.005
200209 -0.031 76.366 -0.037
200212 -0.010 76.324 -0.012
200303 -0.010 77.716 -0.012
200306 0.002 77.505 0.002
200309 -0.002 78.138 -0.002
200312 -0.005 77.758 -0.006
200403 -0.001 79.066 -0.001
200406 0.001 80.037 0.001
200409 -0.001 80.121 -0.001
200412 0.002 80.290 0.002
200503 -0.001 81.555 -0.001
200506 -0.029 82.062 -0.033
200509 -0.267 83.876 -0.293
200512 0.000 83.032 0.000
200603 -0.150 84.298 -0.164
200608 0.252 86.028 0.270
200611 0.072 85.015 0.078
200702 0.034 85.858 0.036
200705 0.013 87.736 0.014
200708 0.008 87.722 0.008
200711 0.005 88.676 0.005
200802 -0.012 89.316 -0.012
200805 -0.018 91.399 -0.018
200808 -0.021 92.435 -0.021
200811 -0.020 89.624 -0.021
200902 -0.024 89.527 -0.025
200905 -0.032 90.228 -0.033
200908 -0.047 91.063 -0.048
200911 -0.052 91.272 -0.052
201002 -0.095 91.445 -0.096
201005 -0.069 92.052 -0.069

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.


SheerVision  (OTCPK:SVSO) 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.


SheerVision Cyclically Adjusted PB Ratio Related Terms

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SheerVision (SheerVision) Business Description

Traded in Other Exchanges
N/A
Address
4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

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