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AltiGen Communications (AltiGen Communications) Cyclically Adjusted PB Ratio : 1.98 (As of May. 16, 2024)


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What is AltiGen Communications Cyclically Adjusted PB Ratio?

As of today (2024-05-16), AltiGen Communications's current share price is $0.81. AltiGen Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.41. AltiGen Communications's Cyclically Adjusted PB Ratio for today is 1.98.

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

ATGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.74   Max: 7.71
Current: 2.1

During the past years, AltiGen Communications's highest Cyclically Adjusted PB Ratio was 7.71. The lowest was 0.15. And the median was 1.74.

ATGN's Cyclically Adjusted PB Ratio is ranked worse than
61.75% of 285 companies
in the Telecommunication Services industry
Industry Median: 1.47 vs ATGN: 2.10

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.

AltiGen Communications's adjusted book value per share data for the three months ended in Dec. 2023 was $0.442. 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 $0.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AltiGen Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AltiGen Communications'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.

AltiGen Communications Cyclically Adjusted PB Ratio Chart

AltiGen Communications Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 6.41 6.29 2.56 1.59

AltiGen Communications Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.56 1.71 1.24 1.59 1.46

Competitive Comparison of AltiGen Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, AltiGen Communications'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.


AltiGen Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AltiGen Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AltiGen Communications 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.

AltiGen Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.81/0.41
=1.98

* 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.

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

For example, AltiGen Communications'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)
=0.442/129.4194*129.4194
=0.442

Current CPI (Dec. 2023) = 129.4194.

AltiGen Communications Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 97.633 0.000
201309 0.029 98.790 0.038
201406 0.000 100.560 0.000
201409 0.011 100.428 0.014
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.051 100.684 0.066
201509 0.066 100.392 0.085
201512 0.073 99.792 0.095
201603 0.078 100.470 0.100
201606 0.062 101.688 0.079
201609 0.041 101.861 0.052
201612 0.045 101.863 0.057
201703 0.045 102.862 0.057
201706 0.049 103.349 0.061
201709 0.059 104.136 0.073
201712 0.074 104.011 0.092
201803 0.091 105.290 0.112
201806 0.095 106.317 0.116
201809 0.491 106.507 0.597
201812 0.518 105.998 0.632
201903 0.535 107.251 0.646
201906 0.562 108.070 0.673
201909 0.574 108.329 0.686
201912 0.596 108.420 0.711
202003 0.618 108.902 0.734
202006 0.636 108.767 0.757
202009 0.637 109.815 0.751
202012 0.639 109.897 0.753
202103 0.621 111.754 0.719
202106 0.664 114.631 0.750
202109 0.609 115.734 0.681
202112 0.610 117.630 0.671
202203 0.611 121.301 0.652
202206 0.617 125.017 0.639
202209 0.586 125.227 0.606
202212 0.580 125.222 0.599
202303 0.573 127.348 0.582
202309 0.455 129.860 0.453
202312 0.442 129.419 0.442

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.


AltiGen Communications  (OTCPK:ATGN) 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.


AltiGen Communications Cyclically Adjusted PB Ratio Related Terms

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


AltiGen Communications (AltiGen Communications) Business Description

Traded in Other Exchanges
N/A
Address
670 N McCarthy Boulevard, Suite 200, Milpitas, CA, USA, 95035
AltiGen Communications Inc is a provider of cloud-based Internet Protocol-private branch exchange (IP-PBX) and Contact Center solutions. The company designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions. Its Unified Communications solutions are designed with an open architecture and its integrated Internet protocol (IP) applications suite provides customers with a business communications solution. It derives a majority of its revenue from the Hosted services.
Executives
Jeremiah Fleming officer: President & COO 4555 CUSHING PARKWAY, FREMONT CA 94538
Miller Lloyd I Iii 10 percent owner
Gilbert Hu director, officer: Chief Executive Officer
Wanger Long Term Opportunity Fund Ii, Lp 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Alan Bradley Howe director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Wltof Gp Llc 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Philip M Mcdermott officer: Chief Financial Officer
Wanger Investment Mangagement, Llc director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Eric Wanger director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Michael E Plumer officer: VP of Sales 213 RYDER STREET, SAN MATEO CA 94401
Tsai Mike Mon Yen director 28620 MATADERO CREEK COURT, LOS ALTOS CA 94022
Tacheng Wang director 27101 HORSESHOE LANE, LOS ALTOS HILLS CA 94022
Kenneth Tai director C/O ALTIGEN COMMUNICATIONS INC, 47429 FREMONT BLVD, FREMONT CA 94538
Sun Shirley Tsyr Yi officer: VP of Research & Development