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Atlas Technology Group (Atlas Technology Group) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Atlas Technology Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Technology Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlas Technology Group'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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Atlas Technology Group Cyclically Adjusted PB Ratio Chart

Atlas Technology Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Atlas Technology Group Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Atlas Technology Group's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Atlas Technology Group'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.


Atlas Technology Group's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlas Technology Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Atlas Technology Group 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.

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

For example, Atlas Technology Group'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)
=-0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

Atlas Technology Group Quarterly Data

Book Value per Share CPI Adj_Book
200203 -0.261 75.438 -0.448
200206 -0.256 75.902 -0.437
200209 -0.260 76.366 -0.441
200212 -0.233 76.324 -0.395
200303 -0.214 77.716 -0.356
200306 -0.221 77.505 -0.369
200309 -0.193 78.138 -0.320
200312 -0.185 77.758 -0.308
200403 -0.208 79.066 -0.340
200406 -0.241 80.037 -0.390
200409 -0.298 80.121 -0.481
200412 -0.304 80.290 -0.490
200503 -0.278 81.555 -0.441
200506 -0.322 82.062 -0.508
200509 -0.189 83.876 -0.292
200512 0.040 83.032 0.062
200603 -0.015 84.298 -0.023
200606 0.021 85.606 0.032
200609 0.043 85.606 0.065
200612 0.033 85.142 0.050
200703 0.060 86.640 0.090
200706 0.129 87.906 0.190
200709 0.133 87.964 0.196
200712 0.071 88.616 0.104
200803 0.023 90.090 0.033
200806 -0.015 92.320 -0.021
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000

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.


Atlas Technology Group  (OTCPK:ATYG) 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.


Atlas Technology Group Cyclically Adjusted PB Ratio Related Terms

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Atlas Technology Group (Atlas Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 147165, Lakewood, CO, USA, 80214
Atlas Technology Group, Inc., a Florida corporation, is a SEC reporting shell company.
Executives
Redgie T Green director, officer: Chief Executive Officer 16538 W. 76TH DR., ARVADA CO 80007
David J Cutler director, 10 percent owner, officer: Chief Financial Officer 4704 HARLEN ST STE. 420, DENVER CO 80212
Robert Blankstein 10 percent owner SUITE 550 - 999 WEST HASTINGS STREET, VANCOUVER A1 V6C 2W2
R Atticus Lowe 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc 10 percent owner C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc 10 percent owner 1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Marra Byran Somervell Patrick director, officer: Chief Financial Officer LEVEL 12, WILLBANK HOUSE, 57 WILLIS ST, P.O. BOX 10-158, WELLINGTON Q2 #####
Robert Gardner director SUITE 300, 838 WEST HASTINGS STREET, VANCOUVER A1 V6C 0A6
W Gordon Blankstein director 999 WEST HASTINGS ST, SUITE 550, VANCOUVER A1 V6C 2W2
Peter B Jacobson director 511 36TH STREET, NEWPORT BEACH CA 92663
David C Hayes director, officer: Chief Financial Officer 999 WEST HASTINGS STREET, SUITE 550, VANCOUVER A1 V6C 2W2

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