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Trex Acquisition (Trex Acquisition) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Trex Acquisition Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trex Acquisition Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trex Acquisition'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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Trex Acquisition Cyclically Adjusted PB Ratio Chart

Trex Acquisition Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Trex Acquisition Quarterly Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Trex Acquisition's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Trex Acquisition'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.


Trex Acquisition's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trex Acquisition's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Trex Acquisition 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.

Trex Acquisition's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Trex Acquisition's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.039/129.4194*129.4194
=-0.039

Current CPI (Dec. 2023) = 129.4194.

Trex Acquisition Quarterly Data

Book Value per Share CPI Adj_Book
200912 -15.981 91.111 -22.700
201003 -17.391 91.821 -24.512
201006 -10.422 91.962 -14.667
201009 -7.074 92.162 -9.934
201012 -8.559 92.474 -11.979
201103 -9.714 94.283 -13.334
201106 -9.879 95.235 -13.425
201109 -10.315 95.727 -13.946
201112 -10.607 95.213 -14.418
201203 -10.801 96.783 -14.443
201206 -10.878 96.819 -14.541
201209 -10.878 97.633 -14.420
201212 -10.878 96.871 -14.533
201303 -5.871 98.209 -7.737
201306 -6.346 98.518 -8.337
201309 -6.395 98.790 -8.378
201312 -6.502 98.326 -8.558
201403 -6.617 99.695 -8.590
201406 -7.713 100.560 -9.927
201409 -2.270 100.428 -2.925
201506 0.815 100.684 1.048
201606 -0.553 101.688 -0.704
201706 -1.746 103.349 -2.186
201806 -2.736 106.317 -3.331
201906 -3.774 108.070 -4.520
202006 -4.628 108.767 -5.507
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 -0.003 114.631 -0.003
202109 -0.005 115.734 -0.006
202112 0.021 117.630 0.023
202203 0.027 121.301 0.029
202206 0.039 125.017 0.040
202209 0.031 125.227 0.032
202212 0.027 125.222 0.028
202303 0.021 127.348 0.021
202306 -0.015 128.729 -0.015
202309 -0.029 129.860 -0.029
202312 -0.039 129.419 -0.039

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.


Trex Acquisition  (OTCPK:TRXA) 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.


Trex Acquisition Cyclically Adjusted PB Ratio Related Terms

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Trex Acquisition (Trex Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7301 NW 4th Street, Suite 102, Plantation, FL, USA, 33317
Website
Trex Acquisition Corp is a development stage company.
Executives
Warren Gilbert director, 10 percent owner, officer: President/CEO 1800 NE 114TH STREET, UNIT 2110, MIAMI FL 33181

Trex Acquisition (Trex Acquisition) Headlines

From GuruFocus

TREX ACQUISITION CORP ANNOUNCES NEW BUSINESS VENTURE

By PRNewswire PRNewswire 03-10-2022