TALN (Talon International) Cyclically Adjusted PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Talon International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Talon International  (OTCPK:TALN) 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.


Talon International Cyclically Adjusted PB Ratio Related Terms


Talon International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Talon International'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.

Talon International Cyclically Adjusted PB Ratio Chart

Talon International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Talon International Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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

TALN vs KBSF: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Talon International'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.


Talon International Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Talon International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Talon International 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.

Talon International's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, Talon International's adjusted Book Value per Share data for the three months ended in Sep. 2017 was:

Adj_Book=Book Value per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=0.088/246.8190*246.8190
=0.088

Current CPI (Sep. 2017) = 246.8190.

Talon International Quarterly Data

Book Value per Share CPI Adj_Book
200712 -0.035 210.036 -0.041
200803 -0.151 213.528 -0.175
200806 -0.109 218.815 -0.123
200809 -0.200 218.783 -0.226
200812 -0.432 210.228 -0.507
200903 -0.488 212.709 -0.566
200906 -0.482 215.693 -0.552
200909 -0.507 215.969 -0.579
200912 -0.551 215.949 -0.630
201003 -0.591 217.631 -0.670
201006 -0.556 217.965 -0.630
201009 -0.610 218.439 -0.689
201012 -0.631 219.179 -0.711
201103 -0.670 223.467 -0.740
201106 -0.653 225.722 -0.714
201109 -0.663 226.889 -0.721
201112 -0.663 225.672 -0.725
201203 -0.675 229.392 -0.726
201206 -0.673 229.478 -0.724
201209 -0.654 231.407 -0.698
201212 -0.685 229.601 -0.736
201303 -0.664 232.773 -0.704
201306 -0.643 233.504 -0.680
201309 -0.032 234.149 -0.034
201312 0.049 233.049 0.052
201403 0.048 236.293 0.050
201406 0.057 238.343 0.059
201409 0.058 238.031 0.060
201412 0.056 234.812 0.059
201503 0.055 236.119 0.057
201506 0.059 238.638 0.061
201509 0.060 237.945 0.062
201512 0.067 236.525 0.070
201603 0.069 238.132 0.072
201606 0.080 241.018 0.082
201609 0.081 241.428 0.083
201612 0.081 241.432 0.083
201703 0.082 243.801 0.083
201706 0.089 244.955 0.090
201709 0.088 246.819 0.088

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.


Talon International Business Description

Address 21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367
Talon International Inc and its subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. It acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.