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ValueCommerce Co (ValueCommerce Co) Cyclically Adjusted PB Ratio : 2.87 (As of May. 11, 2024)


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What is ValueCommerce Co Cyclically Adjusted PB Ratio?

As of today (2024-05-11), ValueCommerce Co's current share price is $18.4701. ValueCommerce Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.44. ValueCommerce Co's Cyclically Adjusted PB Ratio for today is 2.87.

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

VCCLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.66   Med: 12.16   Max: 21.95
Current: 2.94

During the past years, ValueCommerce Co's highest Cyclically Adjusted PB Ratio was 21.95. The lowest was 2.66. And the median was 12.16.

VCCLF's Cyclically Adjusted PB Ratio is ranked worse than
81.55% of 645 companies
in the Media - Diversified industry
Industry Median: 1.15 vs VCCLF: 2.94

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.

ValueCommerce Co's adjusted book value per share data for the three months ended in Mar. 2024 was $4.635. 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 $6.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ValueCommerce Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ValueCommerce Co'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.

ValueCommerce Co Cyclically Adjusted PB Ratio Chart

ValueCommerce Co 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 12.71 15.05 18.08 5.96 4.03

ValueCommerce Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.35 4.04 3.66 4.03 2.87

Competitive Comparison of ValueCommerce Co's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, ValueCommerce Co'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.


ValueCommerce Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ValueCommerce Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ValueCommerce Co 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.

ValueCommerce Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.4701/6.44
=2.87

* 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.

ValueCommerce Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ValueCommerce Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.635/107.2000*107.2000
=4.635

Current CPI (Mar. 2024) = 107.2000.

ValueCommerce Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.553 98.000 1.699
201409 1.501 98.500 1.634
201412 1.403 97.900 1.536
201503 1.426 97.900 1.561
201506 1.452 98.400 1.582
201509 1.510 98.500 1.643
201512 1.545 98.100 1.688
201603 1.657 97.900 1.814
201606 1.791 98.100 1.957
201609 1.862 98.000 2.037
201612 1.633 98.400 1.779
201703 1.733 98.100 1.894
201706 1.835 98.500 1.997
201709 1.826 98.800 1.981
201712 1.916 99.400 2.066
201803 2.147 99.200 2.320
201806 2.244 99.200 2.425
201809 2.323 99.900 2.493
201812 2.525 99.700 2.715
201903 2.616 99.700 2.813
201906 2.915 99.800 3.131
201909 3.033 100.100 3.248
201912 3.261 100.500 3.478
202003 3.437 100.300 3.673
202006 3.716 99.900 3.988
202009 3.942 99.900 4.230
202012 4.376 99.300 4.724
202103 3.689 99.900 3.959
202106 4.035 99.500 4.347
202109 4.272 100.100 4.575
202112 4.504 100.100 4.823
202203 4.539 101.100 4.813
202206 4.377 101.800 4.609
202209 4.212 103.100 4.379
202212 4.772 104.100 4.914
202303 4.829 104.400 4.959
202306 4.747 105.200 4.837
202309 4.546 106.200 4.589
202312 4.824 106.800 4.842
202403 4.635 107.200 4.635

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.


ValueCommerce Co  (OTCPK:VCCLF) 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.


ValueCommerce Co Cyclically Adjusted PB Ratio Related Terms

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


ValueCommerce Co (ValueCommerce Co) Business Description

Traded in Other Exchanges
Address
Nihonseimei Akasaka Building 5F, 8-1-19 Akasaka, Minato, Tokyo, JPN, 107-0052
ValueCommerce Co Ltd is a Japan-based information technology company engaged in the provision of internet advertising delivery services. The company's service portfolio comprises affiliate marketing service, StoreMatch service and Store's R8. The affiliate marketing service provides compensation based on the performances of advertising for e-commerce sites. The StoreMatch Service provides pay-per-click internet advertising for stores listing on online shopping malls. The Store's R8 service is a marketing automation system customized for Yahoo! shopping.

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