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ValueCommerce Co (ValueCommerce Co) Cyclically Adjusted PB Ratio : 4.03 (As of Apr. 28, 2024)


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What is ValueCommerce Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), ValueCommerce Co's current share price is $18.4701. ValueCommerce Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.58. ValueCommerce Co's Cyclically Adjusted PB Ratio for today is 4.03.

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: 2.77   Med: 12.27   Max: 21.95
Current: 2.82

During the past years, ValueCommerce Co's highest Cyclically Adjusted PB Ratio was 21.95. The lowest was 2.77. And the median was 12.27.

VCCLF's Cyclically Adjusted PB Ratio is ranked worse than
81.3% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs VCCLF: 2.82

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 Dec. 2023 was $4.824. 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 $4.58 for the trailing ten years ended in Dec. 2023.

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 -

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
=18.4701/4.58
=4.03

* 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 Dec. 2023 is calculated as:

For example, ValueCommerce Co'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)
=4.824/106.8000*106.8000
=4.824

Current CPI (Dec. 2023) = 106.8000.

ValueCommerce Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.485 95.700 1.657
201406 1.553 98.000 1.692
201409 1.501 98.500 1.627
201412 1.403 97.900 1.531
201503 1.426 97.900 1.556
201506 1.452 98.400 1.576
201509 1.510 98.500 1.637
201512 1.545 98.100 1.682
201603 1.657 97.900 1.808
201606 1.791 98.100 1.950
201609 1.862 98.000 2.029
201612 1.633 98.400 1.772
201703 1.733 98.100 1.887
201706 1.835 98.500 1.990
201709 1.826 98.800 1.974
201712 1.916 99.400 2.059
201803 2.147 99.200 2.311
201806 2.244 99.200 2.416
201809 2.323 99.900 2.483
201812 2.525 99.700 2.705
201903 2.616 99.700 2.802
201906 2.915 99.800 3.119
201909 3.033 100.100 3.236
201912 3.261 100.500 3.465
202003 3.437 100.300 3.660
202006 3.716 99.900 3.973
202009 3.942 99.900 4.214
202012 4.376 99.300 4.707
202103 3.689 99.900 3.944
202106 4.035 99.500 4.331
202109 4.272 100.100 4.558
202112 4.504 100.100 4.805
202203 4.539 101.100 4.795
202206 4.377 101.800 4.592
202209 4.212 103.100 4.363
202212 4.772 104.100 4.896
202303 4.829 104.400 4.940
202306 4.747 105.200 4.819
202309 4.546 106.200 4.572
202312 4.824 106.800 4.824

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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