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Airiq (AILQF) Cyclically Adjusted PB Ratio : 5.33 (As of Apr. 28, 2024)


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What is Airiq Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Airiq's current share price is $0.32. Airiq's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.06. Airiq's Cyclically Adjusted PB Ratio for today is 5.33.

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

AILQF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.27   Max: 41.5
Current: 5.36

During the past years, Airiq's highest Cyclically Adjusted PB Ratio was 41.50. The lowest was 0.01. And the median was 1.27.

AILQF's Cyclically Adjusted PB Ratio is ranked worse than
77.1% of 1288 companies
in the Software industry
Industry Median: 2.495 vs AILQF: 5.36

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.

Airiq's adjusted book value per share data for the three months ended in Dec. 2023 was $0.195. 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 $0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airiq Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Airiq'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.

Airiq Cyclically Adjusted PB Ratio Chart

Airiq Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 58.52 10.80 7.17 4.54

Airiq Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5.17 4.54 4.64 5.11 5.29

Competitive Comparison of Airiq's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Airiq'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.


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

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

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



Airiq 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.

Airiq's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.32/0.06
=5.33

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.195/125.4675*125.4675
=0.195

Current CPI (Dec. 2023) = 125.4675.

Airiq Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.004 98.604 -0.005
201406 -0.001 99.473 -0.001
201409 0.001 99.394 0.001
201412 0.003 98.367 0.004
201503 0.006 99.789 0.008
201506 0.008 100.500 0.010
201509 0.011 100.421 0.014
201512 0.014 99.947 0.018
201603 0.017 101.054 0.021
201606 0.020 102.002 0.025
201609 0.022 101.765 0.027
201612 0.025 101.449 0.031
201703 0.027 102.634 0.033
201706 0.029 103.029 0.035
201709 0.033 103.345 0.040
201712 0.034 103.345 0.041
201803 0.034 105.004 0.041
201806 0.036 105.557 0.043
201809 0.038 105.636 0.045
201812 0.038 105.399 0.045
201903 0.039 106.979 0.046
201906 0.044 107.690 0.051
201909 0.050 107.611 0.058
201912 0.052 107.769 0.061
202003 0.055 107.927 0.064
202006 0.061 108.401 0.071
202009 0.067 108.164 0.078
202012 0.070 108.559 0.081
202103 0.072 110.298 0.082
202106 0.078 111.720 0.088
202109 0.081 112.905 0.090
202112 0.082 113.774 0.090
202203 0.084 117.646 0.090
202206 0.089 120.806 0.092
202209 0.093 120.648 0.097
202212 0.096 120.964 0.100
202303 0.173 122.702 0.177
202306 0.188 124.203 0.190
202309 0.190 125.230 0.190
202312 0.195 125.468 0.195

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.


Airiq  (OTCPK:AILQF) 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.


Airiq Cyclically Adjusted PB Ratio Related Terms

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


Airiq (AILQF) Business Description

Industry
Traded in Other Exchanges
Address
1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5
Airiq Inc is a pioneer in IoT-based asset management solutions. Its solutions allow commercial businesses to reliably, effectively and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. Its solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.