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Oculus VisionTech (Oculus VisionTech) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Oculus VisionTech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oculus VisionTech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oculus VisionTech'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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Oculus VisionTech Cyclically Adjusted PB Ratio Chart

Oculus VisionTech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Oculus VisionTech 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 Oculus VisionTech's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Oculus VisionTech'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.


Oculus VisionTech's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Oculus VisionTech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Oculus VisionTech 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.

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

For example, Oculus VisionTech'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)
=-0.002/126.2576*126.2576
=-0.002

Current CPI (Mar. 2024) = 126.2576.

Oculus VisionTech Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.081 99.473 -0.103
201409 -0.083 99.394 -0.105
201412 -0.087 98.367 -0.112
201503 -0.089 99.789 -0.113
201506 -0.092 100.500 -0.116
201509 -0.098 100.421 -0.123
201512 0.003 99.947 0.004
201603 0.001 101.054 0.001
201606 -0.003 102.002 -0.004
201609 -0.006 101.765 -0.007
201612 -0.007 101.449 -0.009
201703 -0.008 102.634 -0.010
201706 -0.009 103.029 -0.011
201709 -0.011 103.345 -0.013
201712 -0.012 103.345 -0.015
201803 -0.013 105.004 -0.016
201806 -0.014 105.557 -0.017
201809 -0.014 105.636 -0.017
201812 -0.016 105.399 -0.019
201903 -0.017 106.979 -0.020
201906 0.005 107.690 0.006
201909 0.004 107.611 0.005
201912 0.004 107.769 0.005
202003 0.003 107.927 0.004
202006 0.031 108.401 0.036
202009 0.029 108.164 0.034
202012 0.004 108.559 0.005
202103 0.001 110.298 0.001
202106 0.032 111.720 0.036
202109 0.027 112.905 0.030
202112 0.023 113.774 0.026
202203 0.018 117.646 0.019
202206 0.013 120.806 0.014
202209 0.008 120.648 0.008
202212 0.005 120.964 0.005
202303 0.002 122.702 0.002
202306 0.001 124.203 0.001
202309 0.000 125.230 0.000
202312 -0.001 125.072 -0.001
202403 -0.002 126.258 -0.002

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.


Oculus VisionTech  (OTCPK:OVTZ) 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.


Oculus VisionTech Cyclically Adjusted PB Ratio Related Terms

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Oculus VisionTech (Oculus VisionTech) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Oculus VisionTech Inc. is a Canadian-based development-stage technology company focused on cyber security, data privacy and data protection solutions for Enterprise business customers.
Executives
Anton J Drescher director, officer: Chief Financial Officer (CFO) 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Fabrice Helliker director 507-837 WEST HASTINGS STREET, VANCOUVER A1 V6C 3N6
Michael Patrick Johnson director 2120 CAREY AVE., REGISTERED AGENCY SERVICES, INC., CHEYENNE WY 82001
Shawn Norman Nichols director 326 BROOKE AVENUE, TORONTO A6 M5M2L3
Rowland Perkins director, officer: Chief Executive Officer (CEO) 751 WOODPARK ROAD SW, CALGARY A0 T2W 2S3
Tomislav Perovic director 6260 MULBERRY CRESCENT, MISSISSAUGA A6 L5V 1B7
Ronald K Wages director 1508 SIR GALLAHAN COURT, WAXHAW NC 28173
Usa Video Interactive Corp director, officer: President 837 WEST HASTINGS STREET, SUITE 507, VANCOUVER A1 V6C 3N6
Edwin Molina director, officer: President 8 WEST MAIN STREET, NIANTIC CT 06352
Smith Robert D Jr other: Resigned Director/Officer 90 VALLEY DRIVE, SALEM CT 06420
Maurice Loverso director 8378 MAURICE DEPLESISS, MONTREAL A8 HIE 3A3

Oculus VisionTech (Oculus VisionTech) Headlines