GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Zim Corp (OTCPK:ZIMCF) » Definitions » Cyclically Adjusted PB Ratio

Zim (ZIMCF) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Zim Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zim Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zim'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.

Zim Cyclically Adjusted PB Ratio Chart

Zim Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zim Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Zim's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Zim'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.


Zim's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zim's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zim 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.

Zim's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Zim's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.123/112.9049*112.9049
=0.123

Current CPI (Sep. 2021) = 112.9049.

Zim Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.352 94.970 0.418
201203 0.384 96.155 0.451
201206 0.346 96.076 0.407
201209 0.339 96.392 0.397
201212 0.358 95.760 0.422
201303 0.318 97.103 0.370
201306 0.258 97.182 0.300
201309 0.282 97.419 0.327
201312 0.289 96.945 0.337
201403 0.252 98.604 0.289
201406 0.269 99.473 0.305
201409 0.229 99.394 0.260
201412 0.215 98.367 0.247
201503 0.165 99.789 0.187
201506 0.151 100.500 0.170
201509 0.109 100.421 0.123
201512 0.102 99.947 0.115
201603 0.113 101.054 0.126
201606 0.098 102.002 0.108
201609 0.088 101.765 0.098
201612 0.088 101.449 0.098
201703 0.098 102.634 0.108
201706 0.095 103.029 0.104
201709 0.090 103.345 0.098
201712 0.086 103.345 0.094
201803 0.092 105.004 0.099
201806 0.166 105.557 0.178
201809 0.153 105.636 0.164
201812 2.608 105.399 2.794
201903 0.170 106.979 0.179
201906 0.160 107.690 0.168
201909 0.175 107.611 0.184
201912 0.171 107.769 0.179
202003 0.152 107.927 0.159
202006 0.151 108.401 0.157
202009 0.147 108.164 0.153
202012 0.149 108.559 0.155
202103 0.140 110.298 0.143
202106 0.136 111.720 0.137
202109 0.123 112.905 0.123

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.


Zim  (OTCPK:ZIMCF) 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.


Zim Cyclically Adjusted PB Ratio Related Terms

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


Zim (ZIMCF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Colonade Road, Suite 200, Ottawa, ON, CAN, K2E 7M2
Zim Corp has sold its operations and is currently focused on biomedical research. The company focused all of its resources on developing intellectual property and advancing research and development in the areas of new synthetic drugs and immunotherapies. It generates geographic revenue from Canada.
Executives
John Anthony Chapman officer: Chief Financial Officer 30 HOLITZNER WAY OTTAWA A6 K2G 6V6
Filippo Scavo officer: VP Business Development 1140 STANTON ROAD OTTAWA A6 K2C 3C7
Roberto Campagna officer: VP Retail Sales
Marlen Cowpland 10 percent owner
Bill Parisi officer: VP of Business Development 1530 REINDEER WAY GREELY ONTARIO CANADA D5 K4P1N1
Favero Roderio De officer: VP of Bus Dev - Brazil RUA NILZA MEDEIROS MARTINS 200, BLOCO 4,APR 114 SAO PAULO, BRAZIL D5 05628-010
Donald Gibbs director 239 CHICAGE TRAIL MEDFORD LAKES NJ 08088
Cowpland Michael C J director, 10 percent owner, officer: Pres &, other: CEO C/O ZIM CORP 20 COLONNADE ROAD OTTAWA ONTARIO A6 K2E 7M6
Steven Houck director C/O ZIM CORP 20 COLONNADE ROAD OTTAWA, ONTARIO A6 K2E 7M6
James Stechyson director C/O ZIM CORP 20 COLONNADE ROAD OTTAWA, ONTARIO A6 K2E 7M6
Jennifer North officer: CFO, other: Secretary C/O ZIM CORP 20 COLONNADE ROAD OTTAWA ONTARIO A6 K2E 7M6
Charles Saikaley director C/O ZIM CORP 20 COLONNADE ROAD OTTAWA ONTARIO A6 K2E 7M6
Tony Davidson officer: Chief Technology Officer 74 KNUDSON DRIVE KANATA A6 K2K 2L5
Denise Batson 10 percent owner C/O ZIM CORP 20 COLONNADE ROAD, SUITE 200 NEPEAN A6 K2E 7M6

Zim (ZIMCF) Headlines

From GuruFocus

ZIM Announces Financial Results For the Second Quarter of 2020

By PRNewswire PRNewswire 08-19-2020

ZIM Announces Changes in Its Board

By PRNewswire PRNewswire 10-15-2020

ZIM to Launch a new Mexico - Tampa Shuttle Service in December

By PRNewswire PRNewswire 11-13-2020