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Sharc International Systems (Sharc International Systems) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Sharc International Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharc International Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sharc International Systems'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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Sharc International Systems Cyclically Adjusted PB Ratio Chart

Sharc International Systems Annual Data
Trend Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Sharc International Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sharc International Systems's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Sharc International Systems'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.


Sharc International Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sharc International Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sharc International Systems's Cyclically Adjusted PB Ratio falls into.



Sharc International Systems 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.

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

For example, Sharc International Systems'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)
=0.01/126.2576*126.2576
=0.010

Current CPI (Mar. 2024) = 126.2576.

Sharc International Systems Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.010 98.920 -0.013
201407 -0.013 99.315 -0.017
201410 -0.019 99.473 -0.024
201501 -0.014 98.209 -0.018
201504 -0.013 99.710 -0.016
201507 0.146 100.579 0.183
201512 0.020 99.947 0.025
201603 -0.003 101.054 -0.004
201606 -0.015 102.002 -0.019
201609 0.013 101.765 0.016
201612 0.009 101.449 0.011
201703 0.008 102.634 0.010
201706 0.025 103.029 0.031
201709 0.002 103.345 0.002
201712 -0.034 103.345 -0.042
201803 -0.047 105.004 -0.057
201806 0.011 105.557 0.013
201809 -0.008 105.636 -0.010
201812 -0.044 105.399 -0.053
201903 -0.059 106.979 -0.070
201906 -0.069 107.690 -0.081
201909 -0.135 107.611 -0.158
201912 -0.116 107.769 -0.136
202003 -0.076 107.927 -0.089
202006 -0.052 108.401 -0.061
202009 -0.046 108.164 -0.054
202012 -0.014 108.559 -0.016
202103 0.003 110.298 0.003
202106 -0.002 111.720 -0.002
202109 -0.001 112.905 -0.001
202112 0.004 113.774 0.004
202203 0.000 117.646 0.000
202206 -0.002 120.806 -0.002
202209 -0.006 120.648 -0.006
202212 -0.013 120.964 -0.014
202303 0.003 122.702 0.003
202306 0.023 124.203 0.023
202309 0.018 125.230 0.018
202312 0.013 125.072 0.013
202403 0.010 126.258 0.010

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.


Sharc International Systems  (OTCPK:INTWF) 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.


Sharc International Systems Cyclically Adjusted PB Ratio Related Terms

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Sharc International Systems (Sharc International Systems) Business Description

Traded in Other Exchanges
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.