TOOD (Thermwood) Cyclically Adjusted PB Ratio: (As of Jul. 09, 2026)


What is Thermwood Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thermwood  (OTCPK:TOOD) 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.


Thermwood Cyclically Adjusted PB Ratio Related Terms


Thermwood Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thermwood'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.

Thermwood Cyclically Adjusted PB Ratio Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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

TOOD vs EVTN, NRBT: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Thermwood'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.


Thermwood Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermwood's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thermwood 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.

Thermwood's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2001 is calculated as:

For example, Thermwood's adjusted Book Value per Share data for the three months ended in Jul. 2001 was:

Adj_Book=Book Value per Share/CPI of Jul. 2001 (Change)*Current CPI (Jul. 2001)
=3.547/177.5000*177.5000
=3.547

Current CPI (Jul. 2001) = 177.5000.

Thermwood Quarterly Data

Book Value per Share CPI Adj_Book
199110 0.926 137.400 1.196
199201 0.617 138.100 0.793
199204 -0.103 139.500 -0.131
199207 -0.926 140.500 -1.170
199210 -1.543 141.800 -1.931
199301 -1.262 142.600 -1.571
199304 -1.748 144.000 -2.155
199307 -1.942 144.400 -2.387
199310 -2.233 145.700 -2.720
199401 0.000 146.200 0.000
199404 1.262 147.400 1.520
199407 1.359 148.400 1.625
199410 4.854 149.500 5.763
199501 5.049 150.300 5.963
199504 5.243 151.900 6.127
199507 3.301 152.500 3.842
199510 3.504 153.700 4.047
199601 3.660 154.400 4.208
199604 3.747 156.300 4.255
199607 4.817 157.000 5.446
199610 4.885 158.300 5.477
199701 4.969 159.100 5.544
199704 4.968 160.200 5.504
199707 5.071 160.500 5.608
199710 3.516 161.600 3.862
199801 3.636 161.600 3.994
199804 3.986 162.500 4.354
199807 4.123 163.200 4.484
199810 4.291 164.000 4.644
199901 4.360 164.300 4.710
199904 3.655 166.200 3.904
199907 3.858 166.700 4.108
199910 4.162 168.200 4.392
200001 4.365 168.800 4.590
200004 4.442 171.300 4.603
200007 4.374 172.800 4.493
200010 4.437 174.000 4.526
200101 4.444 175.100 4.505
200104 4.018 176.900 4.032
200107 3.547 177.500 3.547

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.


Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.