GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vivid Technology Ltd (OTCPK:VVDTF) » Definitions » Cyclically Adjusted PB Ratio

Vivid Technology (Vivid Technology) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)


View and export this data going back to . Start your Free Trial

What is Vivid Technology Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vivid Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vivid Technology'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.

Vivid Technology Cyclically Adjusted PB Ratio Chart

Vivid Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Vivid Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 - - - - -

Competitive Comparison of Vivid Technology's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Vivid Technology'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.


Vivid Technology's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vivid Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vivid Technology 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.

Vivid Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun18 is calculated as:

For example, Vivid Technology's adjusted Book Value per Share data for the fiscal year that ended in Jun18 was:

Adj_Book=Book Value per Share/CPI of Jun18 (Change)*Current CPI (Jun18)
=0.004/104.9454*104.9454
=0.004

Current CPI (Jun18) = 104.9454.

Vivid Technology Annual Data

Book Value per Share CPI Adj_Book
200906 0.091 86.278 0.111
201006 0.056 88.971 0.066
201106 0.046 92.129 0.052
201206 0.028 93.244 0.032
201306 0.012 95.473 0.013
201406 0.028 98.352 0.030
201506 0.013 99.838 0.014
201606 0.009 100.859 0.009
201706 0.011 102.809 0.011
201806 0.004 104.945 0.004

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.


Vivid Technology  (OTCPK:VVDTF) 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.


Vivid Technology Cyclically Adjusted PB Ratio Related Terms

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


Vivid Technology (Vivid Technology) Business Description

Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Vivid Technology Ltd is an Australian-based renewable energy company with interests in technology-focused solutions in industrial energy efficiency and CO2-to-fuel conversion markets. The company operates through three segments: Industrial Energy Efficiency which provides lighting solutions to industrial and commercial business in Australia and Pacific Rim, The Technology investment segment includes technology investments or projects; The Other investment segment includes company's previous investment in geothermal activities. The company generates maximum revenue from Energy efficiency segment.

Vivid Technology (Vivid Technology) Headlines

No Headlines