GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xebec Adsorption Inc (OTCPK:XEBEQ) » Definitions » Cyclically Adjusted PB Ratio

Xebec Adsorption (Xebec Adsorption) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Xebec Adsorption Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xebec Adsorption Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xebec Adsorption'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.

Xebec Adsorption Cyclically Adjusted PB Ratio Chart

Xebec Adsorption Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Xebec Adsorption Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Xebec Adsorption's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Xebec Adsorption'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.


Xebec Adsorption's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xebec Adsorption's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Xebec Adsorption 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.

Xebec Adsorption's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Xebec Adsorption's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=1.314/120.8059*120.8059
=1.314

Current CPI (Jun. 2022) = 120.8059.

Xebec Adsorption Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.045 96.392 0.056
201212 0.038 95.760 0.048
201303 0.008 97.103 0.010
201306 -0.003 97.182 -0.004
201309 0.010 97.419 0.012
201312 0.040 96.945 0.050
201403 0.018 98.604 0.022
201406 0.006 99.473 0.007
201409 0.007 99.394 0.009
201412 0.015 98.367 0.018
201503 0.006 99.789 0.007
201506 -0.016 100.500 -0.019
201509 -0.038 100.421 -0.046
201512 -0.055 99.947 -0.066
201603 -0.069 101.054 -0.082
201606 -0.095 102.002 -0.113
201609 -0.104 101.765 -0.123
201612 -0.100 101.449 -0.119
201703 -0.092 102.634 -0.108
201706 -0.078 103.029 -0.091
201709 -0.068 103.345 -0.079
201712 -0.081 103.345 -0.095
201803 -0.103 105.004 -0.119
201806 -0.078 105.557 -0.089
201809 -0.063 105.636 -0.072
201812 -0.008 105.399 -0.009
201903 0.004 106.979 0.005
201906 0.042 107.690 0.047
201909 0.168 107.611 0.189
201912 0.351 107.769 0.393
202003 0.347 107.927 0.388
202006 0.580 108.401 0.646
202009 0.614 108.164 0.686
202012 1.728 108.559 1.923
202103 1.692 110.298 1.853
202106 1.702 111.720 1.840
202109 1.610 112.905 1.723
202112 1.590 113.774 1.688
202203 1.479 117.646 1.519
202206 1.314 120.806 1.314

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.


Xebec Adsorption  (OTCPK:XEBEQ) 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.


Xebec Adsorption Cyclically Adjusted PB Ratio Related Terms

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


Xebec Adsorption (Xebec Adsorption) Business Description

Traded in Other Exchanges
N/A
Address
730 Industriel Boulevard, Blainville, QC, CAN, J7C 3V4
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.