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Validian (Validian) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Validian Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Validian Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Validian'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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Validian Cyclically Adjusted PB Ratio Chart

Validian Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Validian Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Validian's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Validian'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.


Validian's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Validian 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.

Validian's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Validian's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.008/107.6113*107.6113
=-0.008

Current CPI (Sep. 2019) = 107.6113.

Validian Quarterly Data

Book Value per Share CPI Adj_Book
200912 -0.073 90.703 -0.087
201003 -0.076 91.335 -0.090
201006 -0.079 91.809 -0.093
201009 -0.081 92.362 -0.094
201012 -0.084 92.836 -0.097
201103 -0.081 94.338 -0.092
201106 -0.081 94.654 -0.092
201109 -0.077 95.286 -0.087
201112 -0.069 94.970 -0.078
201203 -0.067 96.155 -0.075
201206 -0.065 96.076 -0.073
201209 -0.062 96.392 -0.069
201212 -0.059 95.760 -0.066
201303 -0.056 97.103 -0.062
201306 -0.054 97.182 -0.060
201309 -0.054 97.419 -0.060
201312 -0.045 96.945 -0.050
201403 -0.045 98.604 -0.049
201406 -0.042 99.473 -0.045
201409 -0.040 99.394 -0.043
201412 -0.037 98.367 -0.040
201503 -0.033 99.789 -0.036
201506 -0.030 100.500 -0.032
201509 -0.029 100.421 -0.031
201512 -0.028 99.947 -0.030
201603 -0.027 101.054 -0.029
201606 -0.010 102.002 -0.011
201609 -0.010 101.765 -0.011
201612 -0.008 101.449 -0.008
201703 -0.009 102.634 -0.009
201706 -0.010 103.029 -0.010
201709 -0.008 103.345 -0.008
201712 -0.008 103.345 -0.008
201803 -0.007 105.004 -0.007
201806 -0.007 105.557 -0.007
201809 -0.007 105.636 -0.007
201812 -0.007 105.399 -0.007
201903 -0.007 106.979 -0.007
201906 -0.008 107.690 -0.008
201909 -0.008 107.611 -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.


Validian  (OTCPK:VLDI) 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.


Validian Cyclically Adjusted PB Ratio Related Terms

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Validian (Validian) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6 Gurdwara Road, Suite 205, Ottawa, ON, CAN, K2E 8A3
Validian Corp is a U. S based company engaged in providing software products to assist public and private enterprises in addressing the issues surrounding the protection of digital information and application security. The company's product include ValidianProtect which can be integrated to handle and protect the storage, access, transfer, receipt, and usage of data.

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