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Cicor Technologies (XSWX:CICN) Cyclically Adjusted PB Ratio : 1.62 (As of May. 25, 2024)


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What is Cicor Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Cicor Technologies's current share price is CHF49.00. Cicor Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF30.28. Cicor Technologies's Cyclically Adjusted PB Ratio for today is 1.62.

The historical rank and industry rank for Cicor Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

XSWX:CICN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.37   Max: 2.19
Current: 1.63

During the past 13 years, Cicor Technologies's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.43. And the median was 1.37.

XSWX:CICN's Cyclically Adjusted PB Ratio is ranked better than
51.04% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs XSWX:CICN: 1.63

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Cicor Technologies's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF46.835. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is CHF30.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cicor Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cicor 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.

Cicor Technologies Cyclically Adjusted PB Ratio Chart

Cicor Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.59 1.85 1.45 1.64

Cicor Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.85 - 1.45 - 1.64

Competitive Comparison of Cicor Technologies's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Cicor 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.


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

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

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



Cicor 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.

Cicor Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/30.28
=1.62

* 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.

Cicor Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cicor Technologies's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=46.835/106.4612*106.4612
=46.835

Current CPI (Dec23) = 106.4612.

Cicor Technologies Annual Data

Book Value per Share CPI Adj_Book
201412 23.225 100.704 24.553
201512 20.527 99.386 21.988
201612 20.752 99.380 22.231
201712 23.670 100.213 25.146
201812 25.917 100.906 27.344
201912 27.206 101.063 28.659
202012 26.304 100.241 27.936
202112 28.959 101.776 30.292
202212 47.004 104.666 47.810
202312 46.835 106.461 46.835

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.


Cicor Technologies  (XSWX:CICN) 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.


Cicor Technologies Cyclically Adjusted PB Ratio Related Terms

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


Cicor Technologies (XSWX:CICN) Business Description

Traded in Other Exchanges
Address
c/o Cicor Management AG, Gebenloostrasse 15, Bronschhofen, CHE, 9552
Cicor Technologies Ltd is engaged in the manufacturing of printed circuit boards, high-density interconnect, thin and thick film, radio frequency boards, quick turn prototypes, micro-assembly, packaging, and outsourcing of electronic modules and component groups. The company's products are used by medical technology, automotive, semiconductor, aerospace and defense, telecommunications, and watch industries. The business operates through segments are Electronic Manufacturing Services (EMS), and Advanced Substrates (AS). The Electronic Manufacturing Services segment generates maximum revenue for the company.

Cicor Technologies (XSWX:CICN) Headlines

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