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AirBoss of America (TSX:BOS) Cyclically Adjusted PB Ratio : 0.65 (As of Apr. 28, 2024)


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What is AirBoss of America Cyclically Adjusted PB Ratio?

As of today (2024-04-28), AirBoss of America's current share price is C$5.54. AirBoss of America's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$8.51. AirBoss of America's Cyclically Adjusted PB Ratio for today is 0.65.

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

TSX:BOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 2.81   Max: 7.12
Current: 0.65

During the past years, AirBoss of America's highest Cyclically Adjusted PB Ratio was 7.12. The lowest was 0.45. And the median was 2.81.

TSX:BOS's Cyclically Adjusted PB Ratio is ranked better than
83.68% of 1048 companies
in the Chemicals industry
Industry Median: 1.57 vs TSX:BOS: 0.65

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.

AirBoss of America's adjusted book value per share data for the three months ended in Dec. 2023 was C$7.361. 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 C$8.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AirBoss of America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Cyclically Adjusted PB Ratio Chart

AirBoss of America 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 1.66 2.70 6.85 0.95 0.57

AirBoss of America 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 0.95 0.96 0.83 0.52 0.57

Competitive Comparison of AirBoss of America's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AirBoss of America 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.

AirBoss of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.54/8.51
=0.65

* 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.

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

For example, AirBoss of America'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)
=7.361/125.4675*125.4675
=7.361

Current CPI (Dec. 2023) = 125.4675.

AirBoss of America Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.030 98.604 5.128
201406 4.050 99.473 5.108
201409 4.228 99.394 5.337
201412 4.514 98.367 5.758
201503 5.062 99.789 6.365
201506 5.039 100.500 6.291
201509 5.574 100.421 6.964
201512 5.929 99.947 7.443
201603 5.902 101.054 7.328
201606 5.969 102.002 7.342
201609 6.186 101.765 7.627
201612 6.318 101.449 7.814
201703 6.441 102.634 7.874
201706 6.512 103.029 7.930
201709 6.096 103.345 7.401
201712 6.479 103.345 7.866
201803 6.632 105.004 7.924
201806 6.806 105.557 8.090
201809 6.765 105.636 8.035
201812 6.978 105.399 8.307
201903 6.990 106.979 8.198
201906 7.067 107.690 8.234
201909 7.062 107.611 8.234
201912 7.092 107.769 8.257
202003 8.232 107.927 9.570
202006 8.301 108.401 9.608
202009 8.695 108.164 10.086
202012 9.263 108.559 10.706
202103 9.327 110.298 10.610
202106 9.814 111.720 11.022
202109 10.416 112.905 11.575
202112 11.151 113.774 12.297
202203 11.336 117.646 12.090
202206 11.505 120.806 11.949
202209 9.155 120.648 9.521
202212 9.878 120.964 10.246
202303 9.938 122.702 10.162
202306 9.427 124.203 9.523
202309 9.270 125.230 9.288
202312 7.361 125.468 7.361

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.


AirBoss of America  (TSX:BOS) 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.


AirBoss of America Cyclically Adjusted PB Ratio Related Terms

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


AirBoss of America (TSX:BOS) Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.

AirBoss of America (TSX:BOS) Headlines