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SCI Engineered Materials (SCI Engineered Materials) Cyclically Adjusted PB Ratio : 4.91 (As of Apr. 28, 2024)


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What is SCI Engineered Materials Cyclically Adjusted PB Ratio?

As of today (2024-04-28), SCI Engineered Materials's current share price is $5.45. SCI Engineered Materials's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.11. SCI Engineered Materials's Cyclically Adjusted PB Ratio for today is 4.91.

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

SCIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.83   Max: 7.11
Current: 4.9

During the past years, SCI Engineered Materials's highest Cyclically Adjusted PB Ratio was 7.11. The lowest was 0.54. And the median was 1.83.

SCIA's Cyclically Adjusted PB Ratio is ranked worse than
77.69% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs SCIA: 4.90

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.

SCI Engineered Materials's adjusted book value per share data for the three months ended in Dec. 2023 was $2.424. 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 $1.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCI Engineered Materials Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SCI Engineered Materials'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.

SCI Engineered Materials Cyclically Adjusted PB Ratio Chart

SCI Engineered Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 2.15 4.36 3.75 4.54

SCI Engineered Materials 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 3.75 3.67 4.14 4.09 4.54

Competitive Comparison of SCI Engineered Materials's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, SCI Engineered Materials'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.


SCI Engineered Materials's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SCI Engineered Materials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SCI Engineered Materials 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.

SCI Engineered Materials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.45/1.11
=4.91

* 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.

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

For example, SCI Engineered Materials'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)
=2.424/129.4194*129.4194
=2.424

Current CPI (Dec. 2023) = 129.4194.

SCI Engineered Materials Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.608 99.695 0.789
201406 0.630 100.560 0.811
201409 0.621 100.428 0.800
201412 0.575 99.070 0.751
201503 0.611 99.621 0.794
201506 0.646 100.684 0.830
201509 0.610 100.392 0.786
201512 0.581 99.792 0.753
201603 0.534 100.470 0.688
201606 0.499 101.688 0.635
201609 0.490 101.861 0.623
201612 0.433 101.863 0.550
201703 0.434 102.862 0.546
201706 0.459 103.349 0.575
201709 0.461 104.136 0.573
201712 0.470 104.011 0.585
201803 0.490 105.290 0.602
201806 0.567 106.317 0.690
201809 0.607 106.507 0.738
201812 0.703 105.998 0.858
201903 0.743 107.251 0.897
201906 0.786 108.070 0.941
201909 0.803 108.329 0.959
201912 0.786 108.420 0.938
202003 0.806 108.902 0.958
202006 0.811 108.767 0.965
202009 0.826 109.815 0.973
202012 1.128 109.897 1.328
202103 1.269 111.754 1.470
202106 1.296 114.631 1.463
202109 1.444 115.734 1.615
202112 1.495 117.630 1.645
202203 1.584 121.301 1.690
202206 1.732 125.017 1.793
202209 1.831 125.227 1.892
202212 1.935 125.222 2.000
202303 2.058 127.348 2.091
202306 2.171 128.729 2.183
202309 2.299 129.860 2.291
202312 2.424 129.419 2.424

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.


SCI Engineered Materials  (OTCPK:SCIA) 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.


SCI Engineered Materials Cyclically Adjusted PB Ratio Related Terms

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


SCI Engineered Materials (SCI Engineered Materials) Business Description

Traded in Other Exchanges
N/A
Address
2839 Charter Street, Columbus, OH, USA, 43228
SCI Engineered Materials Inc is a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin-film applications. The company is focused on markets within the PVD industry including Aerospace, Automotive, Defense, Glass, Optical Coatings, and Solar. The Company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. Its products consist of Sputtering targets, Evaporation materials, Ceramic powders, and Substrates. Additionally, it offers various services such as advanced ceramic powders, vacuum hot pressing, machining, bonding, and many more.
Executives
Laura F Shunk 10 percent owner 8300 MULBERRY ROAD, P.O. BOX 490, CHESTERLAND OH 44026
Edward W Ungar director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Jeremiah Ray Young officer: PRESIDENT 893 THAYER DRIVE, GAHANNA OH 43230
Emily Lu director 3720 CANTERBURY CT, BOCA RATON FL 33434
John P Gilliam director 862 MOON GLOW CT, GAHANNA OH 43230
Wickersham Charles Edward Jr director 517 ARDEN RD, COLUMBUS OH 43214
Daniel Rooney director, officer: President and CEO 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Investments Sa Windcom 10 percent owner
Daniel A Funk 10 percent owner PORTER, WRIGHT, MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Michael K Barna officer: VP Sales - Photonics 1145 CHESAPEAKE AVE., COLUMBUS OH 43212
Robert H Peitz director 217 LLOYD ROAD, ABERDEEN NJ 07747
Walter J Doyle director 1970 JEWETT ROAD, POWELL OH 43065
Baker Robert J Jr director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Curtis A Loveland 10 percent owner, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Scott S Campbell officer: Technical Director 1145 CHESAPEAKE AVENUE, COLUMBUS OH 43212