VSMR (Verify Smart) Cyclically Adjusted PB Ratio: (As of Aug. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Verify Smart Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Verify Smart  (OTCPK:VSMR) 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.


Verify Smart Cyclically Adjusted PB Ratio Related Terms


Verify Smart Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Verify Smart'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.

Verify Smart Cyclically Adjusted PB Ratio Chart

Verify Smart Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun17 Jun18 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 131.19 93.80 26.01

Verify Smart Semi-Annual Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun17 Jun18 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 131.19 93.80 26.01

VSMR vs MNDO, BMR, CRMZ: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Verify Smart'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.


Verify Smart Cyclically Adjusted PB Ratio vs Software Industry

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

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



Verify Smart 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.

Verify Smart's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Verify Smart's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=-0.001/314.1750*314.1750
=-0.001

Current CPI (Jun24) = 314.1750.

Verify Smart Annual Data

Book Value per Share CPI Adj_Book
200806 0.000 218.815 0.000
200906 0.006 215.693 0.009
201006 0.002 217.965 0.003
201106 -0.002 225.722 -0.003
201206 -0.002 229.478 -0.003
201706 -0.001 244.955 -0.001
201806 0.002 251.989 0.002
202206 -0.001 296.311 -0.001
202306 0.003 305.109 0.003
202406 -0.001 314.175 -0.001

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.


Verify Smart Business Description

Address 40 Hillside Avenue, Mahwah, NJ, USA, 07430
Verify Smart Corp is engaged in the business of developing and selling internet security software for credit card fraud prevention. The Company was originally formed to engage in the acquisition, exploration and development of natural resource properties.