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Aquarius Surgical Technologies (XCNQ:ASTI) Cyclically Adjusted PB Ratio : (As of May. 29, 2025)


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What is Aquarius Surgical Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aquarius Surgical Technologies'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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Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Chart

Aquarius Surgical Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Aquarius Surgical Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
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Competitive Comparison of Aquarius Surgical Technologies's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Aquarius Surgical Technologies'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.


Aquarius Surgical Technologies's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aquarius Surgical Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Aquarius Surgical Technologies 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.

Aquarius Surgical Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Aquarius Surgical Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.192/127.3637*127.3637
=-0.192

Current CPI (Dec. 2024) = 127.3637.

Aquarius Surgical Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.723 98.367 -0.936
201503 -0.725 99.789 -0.925
201506 -0.726 100.500 -0.920
201509 -0.729 100.421 -0.925
201512 -0.730 99.947 -0.930
201603 -0.716 101.054 -0.902
201606 -0.717 102.002 -0.895
201609 -0.723 101.765 -0.905
201612 -0.729 101.449 -0.915
201703 0.298 102.634 0.370
201706 0.273 103.029 0.337
201709 0.302 103.345 0.372
201712 0.273 103.345 0.336
201803 0.007 105.004 0.008
201806 0.013 105.557 0.016
201809 -0.003 105.636 -0.004
201812 -0.018 105.399 -0.022
201903 -0.023 106.979 -0.027
201906 -0.014 107.690 -0.017
201909 -0.031 107.611 -0.037
201912 -0.024 107.769 -0.028
202003 -0.030 107.927 -0.035
202006 -0.045 108.401 -0.053
202009 -0.060 108.164 -0.071
202012 -0.071 108.559 -0.083
202103 -0.104 110.298 -0.120
202106 -0.114 111.720 -0.130
202109 -0.122 112.905 -0.138
202112 -0.131 113.774 -0.147
202203 -0.136 117.646 -0.147
202206 -0.144 120.806 -0.152
202209 -0.151 120.648 -0.159
202212 -0.131 120.964 -0.138
202303 -0.139 122.702 -0.144
202306 -0.146 124.203 -0.150
202309 -0.152 125.230 -0.155
202312 -0.159 125.072 -0.162
202403 -0.167 126.258 -0.168
202409 -0.183 127.285 -0.183
202412 -0.192 127.364 -0.192

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.


Aquarius Surgical Technologies  (XCNQ:ASTI) 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.


Aquarius Surgical Technologies Cyclically Adjusted PB Ratio Related Terms

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Aquarius Surgical Technologies Business Description

Traded in Other Exchanges
N/A
Address
89 Scollard Street, Toronto, ON, CAN, M5R 1G4
Aquarius Surgical Technologies Inc is engaged in the development, sale, distribution, marketing, and exploitation of laser-driven technologies for use in surgical environments, principally in the field of urology. The company derives revenue from the sale of medical devices and fiber-optic delivery devices. Geographically, it has a presence in Canada, the United States, and the Dominican Republic.
Executives
David John Hennigar Director, Director or Senior Officer of 10% Security Holder, Senior Officer