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Global UAV Technologies (XCNQ:UAV) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Global UAV Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global UAV Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global UAV 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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Global UAV Technologies Cyclically Adjusted PB Ratio Chart

Global UAV Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.10 0.21 -

Global UAV Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.25 - - - -

Competitive Comparison of Global UAV Technologies's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Global UAV 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.


Global UAV Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Global UAV 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.

Global UAV Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Global UAV Technologies's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-1.143/125.0724*125.0724
=-1.143

Current CPI (Jan. 2024) = 125.0724.

Global UAV Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201404 -7.775 98.920 -9.831
201407 -1.420 99.315 -1.788
201410 -3.994 99.473 -5.022
201501 -5.053 98.209 -6.435
201504 -5.703 99.710 -7.154
201507 -6.593 100.579 -8.199
201510 -7.180 100.500 -8.935
201601 1.778 100.184 2.220
201604 1.268 101.370 1.564
201607 -0.933 101.844 -1.146
201610 0.096 102.002 0.118
201701 -0.160 102.318 -0.196
201704 0.946 103.029 1.148
201707 1.659 103.029 2.014
201710 0.694 103.424 0.839
201801 2.045 104.056 2.458
201804 2.150 105.320 2.553
201807 3.474 106.110 4.095
201810 0.909 105.952 1.073
201901 0.352 105.557 0.417
201904 -0.243 107.453 -0.283
201907 -0.454 108.243 -0.525
201910 -0.585 107.927 -0.678
202001 -0.591 108.085 -0.684
202004 -0.776 107.216 -0.905
202007 -0.949 108.401 -1.095
202010 -1.175 108.638 -1.353
202101 -1.222 109.192 -1.400
202104 -1.285 110.851 -1.450
202107 -1.099 112.431 -1.223
202110 -1.034 113.695 -1.137
202201 -1.076 114.801 -1.172
202204 -1.129 118.357 -1.193
202207 -0.860 120.964 -0.889
202210 -0.984 121.517 -1.013
202301 -1.018 121.596 -1.047
202304 -1.075 123.571 -1.088
202307 -1.099 124.914 -1.100
202310 -1.121 125.310 -1.119
202401 -1.143 125.072 -1.143

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.


Global UAV Technologies  (XCNQ:UAV) 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.


Global UAV Technologies Cyclically Adjusted PB Ratio Related Terms

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Global UAV Technologies (XCNQ:UAV) Business Description

Traded in Other Exchanges
Address
488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Global UAV Technologies Ltd is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. Through its subsidiaries, Pioneer Aerial Surveys Ltd, High Eye Aerial Imaging Inc, UAV Regulatory Services Inc, and NOVAerial Robotics Inc, it provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services, and regulatory compliance.
Executives
James Rogers Director
Andrew Male Director

Global UAV Technologies (XCNQ:UAV) Headlines