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AMJ Global Technology (AMJ Global Technology) Cyclically Adjusted PB Ratio : (As of May. 30, 2024)


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What is AMJ Global Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AMJ Global Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMJ Global Technology'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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AMJ Global Technology Cyclically Adjusted PB Ratio Chart

AMJ Global Technology Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
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AMJ Global Technology Quarterly Data
Aug18 Nov18 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of AMJ Global Technology's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, AMJ Global Technology'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.


AMJ Global Technology's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AMJ Global Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AMJ Global Technology's Cyclically Adjusted PB Ratio falls into.



AMJ Global Technology 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.

AMJ Global Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov23 is calculated as:

For example, AMJ Global Technology's adjusted Book Value per Share data for the fiscal year that ended in Nov23 was:

Adj_Book=Book Value per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=-0.001/129.5481*129.5481
=-0.001

Current CPI (Nov23) = 129.5481.

AMJ Global Technology Annual Data

Book Value per Share CPI Adj_Book
201411 -0.002 99.635 -0.003
201511 -0.001 100.135 -0.001
201611 -0.006 101.829 -0.008
201711 0.008 104.072 0.010
201811 -0.001 106.338 -0.001
201911 0.000 108.519 0.000
202011 -0.002 109.793 -0.002
202111 -0.005 117.269 -0.006
202211 0.000 125.607 0.000
202311 -0.001 129.548 -0.001

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.


AMJ Global Technology  (OTCPK:AMJT) 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.


AMJ Global Technology Cyclically Adjusted PB Ratio Related Terms

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AMJ Global Technology (AMJ Global Technology) Business Description

Traded in Other Exchanges
N/A
Address
11724 Ventura boulevard, Suite B, Studio City, CA, USA, 91604
AMJ Global Technology formerly Kange Corp is a USA-based company which is focusing on the intersection of technology and wholistic technology-based health treatments, with the intention to provide services to formulate a treatment model to meet the needs of professional athletes that suffer from PTSD and the early onset of dementia and Alzheimer's. The Company is currently evaluating operations in the wholistic health industry.

AMJ Global Technology (AMJ Global Technology) Headlines

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