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Bactech Environmental (Bactech Environmental) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Bactech Environmental Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bactech Environmental Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bactech Environmental'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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Bactech Environmental Cyclically Adjusted PB Ratio Chart

Bactech Environmental Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Bactech Environmental Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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Competitive Comparison of Bactech Environmental's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Bactech Environmental'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.


Bactech Environmental's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Bactech Environmental's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bactech Environmental 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.

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

For example, Bactech Environmental'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)
=-0.009/125.2304*125.2304
=-0.009

Current CPI (Sep. 2023) = 125.2304.

Bactech Environmental Quarterly Data

Book Value per Share CPI Adj_Book
201309 -0.033 97.419 -0.042
201312 -0.056 96.945 -0.072
201403 -0.070 98.604 -0.089
201406 -0.071 99.473 -0.089
201409 0.009 99.394 0.011
201412 -0.021 98.367 -0.027
201503 -0.021 99.789 -0.026
201506 -0.024 100.500 -0.030
201509 -0.025 100.421 -0.031
201512 -0.028 99.947 -0.035
201603 -0.032 101.054 -0.040
201606 -0.034 102.002 -0.042
201609 -0.023 101.765 -0.028
201612 -0.027 101.449 -0.033
201703 -0.028 102.634 -0.034
201706 -0.033 103.029 -0.040
201709 -0.034 103.345 -0.041
201712 -0.033 103.345 -0.040
201803 -0.036 105.004 -0.043
201806 -0.025 105.557 -0.030
201809 -0.027 105.636 -0.032
201812 -0.025 105.399 -0.030
201903 -0.028 106.979 -0.033
201906 -0.030 107.690 -0.035
201909 -0.030 107.611 -0.035
201912 -0.032 107.769 -0.037
202003 -0.029 107.927 -0.034
202006 -0.022 108.401 -0.025
202009 -0.018 108.164 -0.021
202012 -0.019 108.559 -0.022
202103 -0.014 110.298 -0.016
202106 -0.014 111.720 -0.016
202109 -0.014 112.905 -0.016
202112 -0.007 113.774 -0.008
202203 -0.003 117.646 -0.003
202206 -0.002 120.806 -0.002
202209 -0.005 120.648 -0.005
202212 -0.008 120.964 -0.008
202303 -0.007 122.702 -0.007
202309 -0.009 125.230 -0.009

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.


Bactech Environmental  (OTCPK:BCCEF) 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.


Bactech Environmental Cyclically Adjusted PB Ratio Related Terms

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Bactech Environmental (Bactech Environmental) Business Description

Traded in Other Exchanges
Address
37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Bactech Environmental Corp is an environmental technology company based in Canada. It is engaged in applying the bioleaching technology to abatement and reclamation projects to remove the harmful elements including arsenic and sulphur from the environment.

Bactech Environmental (Bactech Environmental) Headlines