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Vicon Industries (Vicon Industries) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Vicon Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicon Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vicon Industries'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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Vicon Industries Cyclically Adjusted PB Ratio Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Cyclically Adjusted PB Ratio
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Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Vicon Industries's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Vicon Industries'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.


Vicon Industries's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vicon Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vicon Industries 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.

Vicon Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Vicon Industries's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-2.961/106.5067*106.5067
=-2.961

Current CPI (Sep. 2018) = 106.5067.

Vicon Industries Quarterly Data

Book Value per Share CPI Adj_Book
200812 14,172.034 88.697 17,017.597
200903 14,374.569 89.744 17,059.464
200906 15,069.828 91.003 17,637.156
200909 15,127.778 91.120 17,682.362
200912 14,930.303 91.111 17,453.148
201003 14,509.170 91.821 16,829.779
201006 14,595.175 91.962 16,903.583
201009 14,777.093 92.162 17,077.153
201012 14,519.383 92.474 16,722.663
201103 14,352.863 94.283 16,213.681
201106 10,151.316 95.235 11,352.852
201109 9,843.860 95.727 10,952.376
201112 9,714.978 95.213 10,867.275
201203 9,720.796 96.783 10,697.447
201206 9,385.022 96.819 10,324.065
201209 9,333.921 97.633 10,182.255
201212 9,187.281 96.871 10,101.124
201303 8,522.368 98.209 9,242.387
201306 8,186.842 98.518 8,850.721
201309 9,440.789 98.790 10,178.229
201312 8,823.684 98.326 9,557.822
201403 7,988.596 99.695 8,534.463
201406 7,390.830 100.560 7,827.932
201409 5,713.974 100.428 6,059.841
201412 5,190.713 99.070 5,580.371
201503 4,832.829 99.621 5,166.864
201506 4,714.471 100.684 4,987.121
201509 4,606.009 100.392 4,886.577
201512 4,398.097 99.792 4,694.013
201603 2,770.825 100.470 2,937.297
201606 2,569.979 101.688 2,691.760
201609 1,802.748 101.861 1,884.968
201612 1,558.774 101.863 1,629.840
201703 1,188.584 102.862 1,230.697
201706 992.178 103.349 1,022.492
201709 507.495 104.136 519.050
201712 470.957 104.011 482.257
201803 316.629 105.290 320.289
201806 112.756 106.317 112.957
201809 -2.961 106.507 -2.961

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.


Vicon Industries  (OTCPK:VCON) 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.


Vicon Industries Cyclically Adjusted PB Ratio Related Terms

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


Vicon Industries (Vicon Industries) Business Description

Traded in Other Exchanges
N/A
Address
135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.
Executives
Saagar Govil director, 10 percent owner, officer: CEO, other: See Explanation of Response 19 ENGINEERS LANE, FARMINGDALE NY 11735
Arun Govil director, 10 percent owner, other: See Explanation of Response 19 ENGINEERS LANE, FARMINGDALE NY 11735
Anita G Zucker 10 percent owner 4838 JENKINS AVE, N CHARLESTON SC 29405
Gioia Messinger director VICON INDUSTRIES, INC., 135 FELL COURT, HAUPPAUGE NY 11788
David W Wright director

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