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Calyx Ventures (TSXV:CYX.H) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Calyx Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Calyx Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Calyx Ventures'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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Calyx Ventures Cyclically Adjusted PB Ratio Chart

Calyx Ventures Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Calyx Ventures Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Calyx Ventures's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Calyx Ventures'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.


Calyx Ventures's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Calyx Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Calyx Ventures 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.

Calyx Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Calyx Ventures's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.007/107.6113*107.6113
=-0.007

Current CPI (Sep. 2019) = 107.6113.

Calyx Ventures Quarterly Data

Book Value per Share CPI Adj_Book
200912 0.078 90.703 0.093
201003 0.071 91.335 0.084
201006 0.069 91.809 0.081
201009 0.068 92.362 0.079
201012 0.066 92.836 0.077
201103 0.062 94.338 0.071
201106 0.061 94.654 0.069
201109 0.076 95.286 0.086
201112 0.006 94.970 0.007
201203 0.002 96.155 0.002
201206 -0.005 96.076 -0.006
201209 0.004 96.392 0.004
201212 0.082 95.760 0.092
201303 0.060 97.103 0.066
201306 0.031 97.182 0.034
201309 0.039 97.419 0.043
201312 0.012 96.945 0.013
201403 0.007 98.604 0.008
201406 0.003 99.473 0.003
201409 0.002 99.394 0.002
201412 0.005 98.367 0.005
201503 0.004 99.789 0.004
201506 0.008 100.500 0.009
201509 0.008 100.421 0.009
201512 0.006 99.947 0.006
201603 0.005 101.054 0.005
201606 0.004 102.002 0.004
201609 0.002 101.765 0.002
201612 0.011 101.449 0.012
201703 0.010 102.634 0.010
201706 0.014 103.029 0.015
201709 0.011 103.345 0.011
201712 0.019 103.345 0.020
201803 0.017 105.004 0.017
201806 0.020 105.557 0.020
201809 0.017 105.636 0.017
201812 -0.001 105.399 -0.001
201903 -0.004 106.979 -0.004
201906 -0.005 107.690 -0.005
201909 -0.007 107.611 -0.007

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.


Calyx Ventures  (TSXV:CYX.H) 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.


Calyx Ventures Cyclically Adjusted PB Ratio Related Terms

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Calyx Ventures (TSXV:CYX.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1111 West Georgia Street, Suite 1590, Vancouver, BC, CAN, V6E 4M3
Calyx Ventures Inc is a Canada based software company. It is engaged in the business of selling hash-power to a cryptocurrency hash power broker and is in the development of custom software for enterprises and start-up companies.

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