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ULBI (Ultralife) Cyclically Adjusted PB Ratio : 0.90 (As of May. 29, 2025)


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What is Ultralife Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Ultralife's current share price is $6.80. Ultralife's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $7.52. Ultralife's Cyclically Adjusted PB Ratio for today is 0.90.

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

ULBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.27   Max: 2.36
Current: 0.81

During the past years, Ultralife's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 0.57. And the median was 1.27.

ULBI's Cyclically Adjusted PB Ratio is ranked better than
79.66% of 2114 companies
in the Industrial Products industry
Industry Median: 1.955 vs ULBI: 0.81

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.

Ultralife's adjusted book value per share data for the three months ended in Mar. 2025 was $8.200. 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 $7.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultralife Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ultralife'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.

Ultralife Cyclically Adjusted PB Ratio Chart

Ultralife Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.02 0.59 0.99 1.01

Ultralife Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.24 1.48 1.24 1.01 0.72

Competitive Comparison of Ultralife's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Ultralife'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.


Ultralife's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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Ultralife 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.

Ultralife's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.80/7.52
=0.90

* 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.

Ultralife's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ultralife's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.2/134.9266*134.9266
=8.200

Current CPI (Mar. 2025) = 134.9266.

Ultralife Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.271 100.684 5.724
201509 4.310 100.392 5.793
201512 4.318 99.792 5.838
201603 4.331 100.470 5.816
201606 4.346 101.688 5.767
201609 4.380 101.861 5.802
201612 4.444 101.863 5.886
201703 4.567 102.862 5.991
201706 4.688 103.349 6.120
201709 4.791 104.136 6.208
201712 5.061 104.011 6.565
201803 5.244 105.290 6.720
201806 5.281 106.317 6.702
201809 5.364 106.507 6.795
201812 6.567 105.998 8.359
201903 6.609 107.251 8.314
201906 6.730 108.070 8.403
201909 6.741 108.329 8.396
201912 6.915 108.420 8.606
202003 6.942 108.902 8.601
202006 7.064 108.767 8.763
202009 7.140 109.815 8.773
202012 7.318 109.897 8.985
202103 7.360 111.754 8.886
202106 7.419 114.631 8.733
202109 7.364 115.734 8.585
202112 7.310 117.630 8.385
202203 7.286 121.301 8.104
202206 7.248 125.017 7.823
202209 7.140 125.227 7.693
202212 7.207 125.222 7.766
202303 7.206 127.348 7.635
202306 7.401 128.729 7.757
202309 7.458 129.860 7.749
202312 7.667 129.419 7.993
202403 7.832 131.776 8.019
202406 8.014 132.554 8.157
202409 8.088 133.029 8.203
202412 8.056 133.157 8.163
202503 8.200 134.927 8.200

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.


Ultralife  (NAS:ULBI) 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.


Ultralife Cyclically Adjusted PB Ratio Related Terms

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


Ultralife Business Description

Traded in Other Exchanges
Address
2000 Technology Parkway, Newark, NY, USA, 14513
Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company designs, manufactures, installs, and maintains power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from the Battery and Energy Products segment, and from the U.S. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, and various other non-rechargeable batteries.
Executives
Michael Edward Manna director, officer: President and CEO 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
W. Shaw Robert director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Janie Goddard director C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Bradford T Whitmore 10 percent owner 5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Thomas Louis Saeli director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Philip A Fain officer: Vice President C/O CXO ON THE GO OF DELAWARE, LLC, 3349 MONROE AVENUE, # 256, ROCHESTER NY 14618
Michael D Popielec director, officer: President and CEO 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Steven Mark Anderson director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Sunray I, Llc 10 percent owner 1560 SHERMAN AVENUE, SUITE 900, EVANSTON IL 60201
James A. Croce director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Spurgeon Corp 10 percent owner 407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
Patricia C Barron director 6601 WEST BROAD STREET, P O BOX 27003, RICHMOND VA 23261-7003
Daniel W Christman director C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Ranjit C Singh director