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FendX Technologies (XCNQ:FNDX) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is FendX Technologies Cyclically Adjusted PB Ratio?

FendX Technologies does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


FendX Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FendX 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.

* Premium members only.

FendX Technologies Cyclically Adjusted PB Ratio Chart

FendX Technologies Annual Data
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Cyclically Adjusted PB Ratio
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FendX Technologies Quarterly Data
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Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of FendX Technologies's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, FendX 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.


FendX Technologies's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FendX Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FendX 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.

FendX Technologies does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


FendX Technologies  (XCNQ:FNDX) 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.


FendX Technologies Cyclically Adjusted PB Ratio Related Terms

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FendX Technologies (XCNQ:FNDX) Business Description

Traded in Other Exchanges
Address
2010 Winston Park Drive, 2nd Floor, Oakville, ON, CAN, L6H 5R7
FendX Technologies Inc is a technology company focused on developing surface protection products that protect surfaces from pathogen contamination. It is focused on the research, development and commercialization of surface protection coatings using Licensed Technology. The company is currently developing its anticipated first product, REPELWRAP to protect high-contact surfaces from contamination to reduce the transmission of harmful pathogens. The Company has a growing intellectual property portfolio consisting of licensed nonprovisional national stage patent applications.

FendX Technologies (XCNQ:FNDX) Headlines

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