ADM Tronics Unlimited (ADM Tronics Unlimited) Cyclically Adjusted PB Ratio : 1.46 (As of Jun. 09, 2024)

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What is ADM Tronics Unlimited Cyclically Adjusted PB Ratio?

As of today (2024-06-09), ADM Tronics Unlimited's current share price is $0.07311. ADM Tronics Unlimited's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.05. ADM Tronics Unlimited's Cyclically Adjusted PB Ratio for today is 1.46.

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

ADMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 4.73 Max: 22
Current: 1.61

During the past years, ADM Tronics Unlimited's highest Cyclically Adjusted PB Ratio was 22.00. The lowest was 0.50. And the median was 4.73.

ADMT's Cyclically Adjusted PB Ratio is ranked better than
55.58% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs ADMT: 1.61

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.

ADM Tronics Unlimited's adjusted book value per share data for the three months ended in Dec. 2023 was $0.016. 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 $0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

ADM Tronics Unlimited Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ADM Tronics Unlimited'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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ADM Tronics Unlimited Cyclically Adjusted PB Ratio Chart

ADM Tronics Unlimited Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cyclically Adjusted PB Ratio

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5.61

5.18

3.48

2.47

2.76

ADM Tronics Unlimited 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															1.81	2.76	3.00	2.47	2.30

Competitive Comparison of ADM Tronics Unlimited's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, ADM Tronics Unlimited'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.

ADM Tronics Unlimited's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ADM Tronics Unlimited's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ADM Tronics Unlimited's Cyclically Adjusted PB Ratio falls into.

ADM Tronics Unlimited 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.

ADM Tronics Unlimited's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.07311	/	0.05
	=	1.46

ADM Tronics Unlimited's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ADM Tronics Unlimited'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)
	=	0.016	/	129.4194	*	129.4194
	=	0.016

Current CPI (Dec. 2023) = 129.4194.

ADM Tronics Unlimited Quarterly Data

	Book Value per Share	CPI	Adj_Book
201403	0.000	99.695	0.000
201406	0.000	100.560	0.000
201409	0.002	100.428	0.003
201412	0.004	99.070	0.005
201503	0.005	99.621	0.006
201506	0.012	100.684	0.015
201509	0.033	100.392	0.043
201512	0.036	99.792	0.047
201603	0.035	100.470	0.045
201606	0.043	101.688	0.055
201609	0.049	101.861	0.062
201612	0.049	101.863	0.062
201703	0.054	102.862	0.068
201706	0.056	103.349	0.070
201709	0.058	104.136	0.072
201712	0.054	104.011	0.067
201803	0.056	105.290	0.069
201806	0.056	106.317	0.068
201809	0.058	106.507	0.070
201812	0.056	105.998	0.068
201903	0.051	107.251	0.062
201906	0.052	108.070	0.062
201909	0.051	108.329	0.061
201912	0.049	108.420	0.058
202003	0.049	108.902	0.058
202006	0.048	108.767	0.057
202009	0.047	109.815	0.055
202012	0.046	109.897	0.054
202103	0.041	111.754	0.047
202106	0.040	114.631	0.045
202109	0.040	115.734	0.045
202112	0.039	117.630	0.043
202203	0.020	121.301	0.021
202206	0.024	125.017	0.025
202209	0.025	125.227	0.026
202212	0.027	125.222	0.028
202303	0.023	127.348	0.023
202306	0.021	128.729	0.021
202309	0.018	129.860	0.018
202312	0.016	129.419	0.016

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.

ADM Tronics Unlimited (OTCPK:ADMT) 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.

ADM Tronics Unlimited Cyclically Adjusted PB Ratio Related Terms

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ADM Tronics Unlimited (ADM Tronics Unlimited) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ADM Tronics Unlimited Inc (OTCPK:ADMT) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

224 Pegasus Avenue, Northvale, NJ, USA, 07647

Website

https://www.admtronics.com

ADM Tronics Unlimited Inc is a diversified, technology-based developer and manufacturer of technologies and products in the United States. The company's operating segment includes Chemical; Electronics and Engineering. It generates maximum revenue from the Electronics segment. The Electronics segment develops and manufactures electronic technologies for non-invasive, electrotherapeutic and diagnostic medical devices as well as for veterinary and other applications. It derives revenue from the production and sale of electronics for medical devices and other applications; environmentally safe chemical products for industrial, medical and cosmetic uses; research, development, regulatory, and engineering services.