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Hunter Technology (TSXV:HOC.H) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 05, 2024)


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What is Hunter Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Hunter Technology's current share price is C$0.15. Hunter Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was C$120.81. Hunter Technology's Cyclically Adjusted PB Ratio for today is 0.00.

The historical rank and industry rank for Hunter Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

During the past years, Hunter Technology's highest Cyclically Adjusted PB Ratio was 0.11. The lowest was 0.01. And the median was 0.02.

TSXV:HOC.H's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.58
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Hunter Technology's adjusted book value per share data for the three months ended in Jun. 2023 was C$-0.503. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$120.81 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunter Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hunter Technology'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.

* Premium members only.

Hunter Technology Cyclically Adjusted PB Ratio Chart

Hunter Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.12 0.01 -

Hunter Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Competitive Comparison of Hunter Technology's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Hunter Technology'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.


Hunter Technology's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Hunter Technology 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.

Hunter Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.15/120.81
=0.00

* 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.

Hunter Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Hunter Technology's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.503/124.2033*124.2033
=-0.503

Current CPI (Jun. 2023) = 124.2033.

Hunter Technology Quarterly Data

Book Value per Share CPI Adj_Book
201309 335.017 97.419 427.126
201312 340.286 96.945 435.965
201403 313.160 98.604 394.461
201406 293.915 99.473 366.985
201409 299.076 99.394 373.726
201412 307.050 98.367 387.697
201503 322.099 99.789 400.902
201506 301.898 100.500 373.100
201509 311.761 100.421 385.593
201512 306.196 99.947 380.506
201603 283.943 101.054 348.990
201606 58.686 102.002 71.460
201609 57.256 101.765 69.881
201612 55.754 101.449 68.260
201703 53.864 102.634 65.184
201706 52.034 103.029 62.728
201709 46.830 103.345 56.282
201712 46.646 103.345 56.061
201803 30.271 105.004 35.806
201806 28.414 105.557 33.433
201809 2.757 105.636 3.242
201812 2.391 105.399 2.818
201903 2.021 106.979 2.346
201906 1.920 107.690 2.214
201909 1.728 107.611 1.994
201912 1.530 107.769 1.763
202003 1.319 107.927 1.518
202006 1.176 108.401 1.347
202009 0.963 108.164 1.106
202012 5.851 108.559 6.694
202103 5.262 110.298 5.925
202106 4.675 111.720 5.197
202109 4.493 112.905 4.943
202112 -0.371 113.774 -0.405
202203 -0.317 117.646 -0.335
202206 -0.392 120.806 -0.403
202209 -0.432 120.648 -0.445
202212 -0.431 120.964 -0.443
202303 -0.483 122.702 -0.489
202306 -0.503 124.203 -0.503

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.


Hunter Technology  (TSXV:HOC.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.


Hunter Technology Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Hunter Technology's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hunter Technology (TSXV:HOC.H) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3
Hunter Technology Corp is a technology company, dedicated to providing a physical oil trading platform powered by a proprietary blockchain to enable independent crude oil producers to access a global market for the marketing and sale of their production; allowing buyers to access production that would otherwise be inaccessible or uneconomic to acquire or trade.

Hunter Technology (TSXV:HOC.H) Headlines

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