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Zerify (Zerify) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Zerify Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zerify Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zerify'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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Zerify Cyclically Adjusted PB Ratio Chart

Zerify Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Zerify Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Zerify's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Zerify'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.


Zerify's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Zerify 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.

Zerify's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Zerify's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.008/129.8595*129.8595
=-0.008

Current CPI (Sep. 2023) = 129.8595.

Zerify Quarterly Data

Book Value per Share CPI Adj_Book
201312 -71.862 98.326 -94.908
201403 -73.246 99.695 -95.408
201406 -74.210 100.560 -95.833
201409 -77.479 100.428 -100.185
201412 -79.042 99.070 -103.607
201503 -75.228 99.621 -98.062
201506 -4,428.873 100.684 -5,712.246
201509 -1,335.677 100.392 -1,727.739
201512 -324.284 99.792 -421.990
201603 -2.380 100.470 -3.076
201606 -1.877 101.688 -2.397
201609 -1.858 101.861 -2.369
201612 -2.033 101.863 -2.592
201703 -2.152 102.862 -2.717
201706 -2.303 103.349 -2.894
201709 -2.413 104.136 -3.009
201712 -2.523 104.011 -3.150
201803 -2.616 105.290 -3.226
201806 -2.726 106.317 -3.330
201809 -2.830 106.507 -3.451
201812 -2.999 105.998 -3.674
201903 -3.036 107.251 -3.676
201906 -3.026 108.070 -3.636
201909 -2.999 108.329 -3.595
201912 -2.655 108.420 -3.180
202003 -2.294 108.902 -2.735
202006 -1.691 108.767 -2.019
202009 -0.257 109.815 -0.304
202012 -0.020 109.897 -0.024
202103 -0.017 111.754 -0.020
202106 -0.014 114.631 -0.016
202109 -0.011 115.734 -0.012
202112 -0.012 117.630 -0.013
202203 -0.014 121.301 -0.015
202206 -0.013 125.017 -0.014
202209 -0.013 125.227 -0.013
202212 -0.013 125.222 -0.013
202303 -0.011 127.348 -0.011
202306 -0.012 128.729 -0.012
202309 -0.008 129.860 -0.008

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.


Zerify  (OTCPK:ZRFY) 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.


Zerify Cyclically Adjusted PB Ratio Related Terms

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


Zerify (Zerify) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1090 King Georges Post Road, Suite 603, Edison, NJ, USA, 08837
Zerify Inc is a cybersecurity company. It offers a suite of network security products using proprietary technology to businesses and consumers that provide out of band authentication and endpoint protection. It also provides mobile device security on Apple or Android devices. Its products are protect ID, guarded ID, and mobile trust, safeVchat, and privacyLok. The company sells its products to corporate, financial, healthcare, legal, government, technology, insurance, e-commerce and consumer market sectors. The Company operates in one segment for the development and distribution of software products.
Executives
Philip Ellis Blocker officer: Chief Financial Officer 1090 KINGS GEORGES POST RD., EDISON NJ 08837
Ramarao Pemmaraju director, other: Voting control shareholder 1090 KING GEORGES POST RD., EDISON NJ 08837
George Waller director, other: Voting control shareholder 1090 KING GEORGE'S POST ROAD, SUITE 603, EDISON NJ 08837
Mark L Kay director, officer: CEO 233 EXCALIBUR DR., NEWTOWN SQUARE PA 19073
Denn Robert Allen Jr. director 248 COLLEGE DRIVE, EDISON NJ 08817
James R Solakian 10 percent owner 152 MOCKINGBIRD CT, THREE BRIDGES NJ 08887

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