Surface Transforms (LSE:SCE) Cyclically Adjusted PB Ratio : 0.21 (As of May. 26, 2024)

Surface Transforms Cyclically Adjusted PB Ratio Chart

Surface Transforms Annual Data
	Trend	May13	May14	May15	May16	May17	May18	May19	Dec20	Dec21	Dec22
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					4.25	2.90	12.03	10.97	6.32

Surface Transforms Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	10.97	-	6.32	-

Competitive Comparison of Surface Transforms's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Surface Transforms'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.

Surface Transforms's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Surface Transforms's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Surface Transforms 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.

Surface Transforms's Cyclically Adjusted PB Ratio for today is calculated as

* 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.

Surface Transforms's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Surface Transforms's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Current CPI (Dec22) = 125.3000.

Surface Transforms Annual Data

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.

Surface Transforms  (LSE:SCE) 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.

Surface Transforms Cyclically Adjusted PB Ratio Related Terms

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

Surface Transforms (LSE:SCE) Business Description