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V-cube (V-cube) Cyclically Adjusted PB Ratio : 1.36 (As of Jun. 04, 2024)


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What is V-cube Cyclically Adjusted PB Ratio?

As of today (2024-06-04), V-cube's current share price is $3.34. V-cube's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.46. V-cube's Cyclically Adjusted PB Ratio for today is 1.36.

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

VCCBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.81   Max: 2.75
Current: 1.29

During the past years, V-cube's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 1.18. And the median was 1.81.

VCCBF's Cyclically Adjusted PB Ratio is ranked better than
72.69% of 1395 companies
in the Software industry
Industry Median: 2.58 vs VCCBF: 1.29

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.

V-cube's adjusted book value per share data for the three months ended in Mar. 2024 was $0.301. 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 $2.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


V-cube Cyclically Adjusted PB Ratio Historical Data

The historical data trend for V-cube'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.

V-cube Cyclically Adjusted PB Ratio Chart

V-cube Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.64

V-cube Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.75 2.41 1.97 1.64 1.36

Competitive Comparison of V-cube's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, V-cube'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.


V-cube's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



V-cube 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.

V-cube's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.34/2.46
=1.36

* 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.

V-cube's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, V-cube's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.301/107.2000*107.2000
=0.301

Current CPI (Mar. 2024) = 107.2000.

V-cube Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.046 98.000 2.238
201409 1.980 98.500 2.155
201412 1.873 97.900 2.051
201503 1.846 97.900 2.021
201506 1.846 98.400 2.011
201509 1.858 98.500 2.022
201512 1.870 98.100 2.043
201603 1.870 97.900 2.048
201606 1.771 98.100 1.935
201609 1.783 98.000 1.950
201612 1.620 98.400 1.765
201703 1.521 98.100 1.662
201706 1.298 98.500 1.413
201709 1.449 98.800 1.572
201712 1.232 99.400 1.329
201803 1.238 99.200 1.338
201806 1.197 99.200 1.294
201809 1.227 99.900 1.317
201812 1.367 99.700 1.470
201903 1.138 99.700 1.224
201906 1.211 99.800 1.301
201909 1.307 100.100 1.400
201912 1.153 100.500 1.230
202003 1.140 100.300 1.218
202006 1.272 99.900 1.365
202009 1.379 99.900 1.480
202012 1.508 99.300 1.628
202103 1.604 99.900 1.721
202106 1.632 99.500 1.758
202109 1.625 100.100 1.740
202112 1.827 100.100 1.957
202203 1.934 101.100 2.051
202206 1.987 101.800 2.092
202209 1.919 103.100 1.995
202212 1.803 104.100 1.857
202303 1.844 104.400 1.893
202306 1.886 105.200 1.922
202309 1.720 106.200 1.736
202312 0.180 106.800 0.181
202403 0.301 107.200 0.301

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.


V-cube  (OTCPK:VCCBF) 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.


V-cube Cyclically Adjusted PB Ratio Related Terms

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


V-cube (V-cube) Business Description

Industry
Traded in Other Exchanges
Address
Nakameguro GT Tower 20F, Kamimeguro 2-1-1, Tokyo, JPN, 153-0051
V-cube Inc operates in three segments, namely Event DX, Third Place DX, and Enterprise DX. Event DX Business includes remoting events in various fields; and Product provision, operational design, direction operation, log analysis, and other operational support. Third Place DX Business includes providing Telecube to companies and the public sector; and Higher value-added Telecube and development and deployment of third-place management and operation system. Enterprise DX business includes remote communication products for internal and external companies; and development, provision, and operational support of industry/application-specific remote communication products using SDK and hardware.

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