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Atoro Capital (TSXV:TTO.H) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Atoro Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atoro Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atoro Capital'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.

Atoro Capital Cyclically Adjusted PB Ratio Chart

Atoro Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 36.28 - -

Atoro Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Atoro Capital's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Atoro Capital'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.


Atoro Capital's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

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

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



Atoro Capital 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.

Atoro Capital's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Atoro Capital's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.008/125.4675*125.4675
=0.008

Current CPI (Feb. 2024) = 125.4675.

Atoro Capital Quarterly Data

Book Value per Share CPI Adj_Book
201405 -0.001 99.394 -0.001
201408 -0.030 99.315 -0.038
201411 -0.036 99.078 -0.046
201502 -0.045 99.078 -0.057
201505 -0.064 100.263 -0.080
201508 -0.083 100.579 -0.104
201511 -0.081 100.421 -0.101
201602 -0.093 100.421 -0.116
201605 -0.103 101.765 -0.127
201608 -0.112 101.686 -0.138
201611 0.012 101.607 0.015
201702 0.054 102.476 0.066
201705 0.055 103.108 0.067
201708 0.037 103.108 0.045
201711 0.027 103.740 0.033
201802 0.019 104.688 0.023
201805 0.012 105.399 0.014
201808 0.009 106.031 0.011
201811 0.005 105.478 0.006
201902 0.002 106.268 0.002
201905 -0.001 107.927 -0.001
201908 -0.003 108.085 -0.003
201911 -0.007 107.769 -0.008
202002 -0.010 108.559 -0.012
202005 -0.012 107.532 -0.014
202008 -0.014 108.243 -0.016
202011 0.018 108.796 0.021
202102 0.023 109.745 0.026
202105 0.020 111.404 0.023
202108 0.018 112.668 0.020
202111 0.016 113.932 0.018
202202 0.016 115.986 0.017
202205 0.016 120.016 0.017
202208 0.014 120.569 0.015
202211 0.010 121.675 0.010
202302 0.010 122.070 0.010
202305 0.009 124.045 0.009
202308 0.009 125.389 0.009
202311 0.008 125.468 0.008
202402 0.008 125.468 0.008

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.


Atoro Capital  (TSXV:TTO.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.


Atoro Capital Cyclically Adjusted PB Ratio Related Terms

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Atoro Capital (TSXV:TTO.H) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 610, Vancouver, BC, CAN, V6C 1G8
Website
Atoro Capital Corp is a capital pool company. The company is engaged in identification and evaluation of assets or businesses with a view to complete a qualifying transaction.

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