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Wegener (Wegener) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is Wegener Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wegener Cyclically Adjusted PB Ratio Historical Data

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

Wegener Annual Data
Trend Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10
Cyclically Adjusted PB Ratio
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Wegener Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12
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Competitive Comparison of Wegener's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Wegener'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.


Wegener's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Wegener 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.

Wegener's Cyclically Adjusted Book per Share for the quarter that ended in May. 2012 is calculated as:

For example, Wegener's adjusted Book Value per Share data for the three months ended in May. 2012 was:

Adj_Book=Book Value per Share/CPI of May. 2012 (Change)*Current CPI (May. 2012)
=-0.292/96.9614*96.9614
=-0.292

Current CPI (May. 2012) = 96.9614.

Wegener Quarterly Data

Book Value per Share CPI Adj_Book
200208 1.228 76.239 1.562
200211 1.201 76.492 1.522
200302 1.208 77.252 1.516
200305 1.217 77.421 1.524
200308 1.235 77.885 1.537
200311 1.210 77.843 1.507
200402 1.158 78.560 1.429
200405 1.131 79.783 1.375
200408 1.080 79.952 1.310
200411 1.089 80.585 1.310
200502 1.100 80.923 1.318
200505 1.051 82.019 1.242
200508 0.630 82.863 0.737
200511 0.580 83.370 0.675
200602 0.494 83.834 0.571
200605 0.505 85.437 0.573
200608 0.403 86.028 0.454
200611 0.327 85.015 0.373
200702 0.317 85.858 0.358
200705 0.336 87.736 0.371
200708 0.348 87.722 0.385
200711 0.344 88.676 0.376
200802 0.371 89.316 0.403
200805 0.310 91.399 0.329
200808 0.379 92.435 0.398
200811 0.284 89.624 0.307
200902 0.285 89.527 0.309
200905 0.215 90.228 0.231
200908 0.173 91.063 0.184
200911 0.094 91.272 0.100
201002 0.053 91.445 0.056
201005 0.014 92.052 0.015
201008 -0.010 92.108 -0.011
201011 -0.012 92.315 -0.013
201102 -0.077 93.373 -0.080
201105 -0.116 95.337 -0.118
201108 -0.113 95.582 -0.115
201111 -0.178 95.449 -0.181
201202 -0.206 96.053 -0.208
201205 -0.292 96.961 -0.292

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.


Wegener  (OTCPK:WGNR) 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.


Wegener Cyclically Adjusted PB Ratio Related Terms

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


Wegener (Wegener) Business Description

Industry
Traded in Other Exchanges
N/A
Address
930 Interstate Ridge Drive, Suite A, Gainesville, GA, USA, 30501
Wegener Corp is engaged in Manufacturing and sale of electronic products and systems primarily for the radio broadcast market and digital signage market. Its product line includes iPump media servers, digital signage applications, and audio and data networks.
Executives
David W Wright director

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