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Plaintree Systems (Plaintree Systems) Cyclically Adjusted PB Ratio : 0.59 (As of May. 23, 2024)


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What is Plaintree Systems Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Plaintree Systems's current share price is $0.03525. Plaintree Systems's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.06. Plaintree Systems's Cyclically Adjusted PB Ratio for today is 0.59.

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

PTEEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.23   Max: 9.5
Current: 0.6

During the past years, Plaintree Systems's highest Cyclically Adjusted PB Ratio was 9.50. The lowest was 0.22. And the median was 1.23.

PTEEF's Cyclically Adjusted PB Ratio is ranked better than
66.9% of 432 companies
in the Conglomerates industry
Industry Median: 0.97 vs PTEEF: 0.60

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.

Plaintree Systems'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 $0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plaintree Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plaintree 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.

* Premium members only.

Plaintree Systems Cyclically Adjusted PB Ratio Chart

Plaintree Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.02 1.34 1.08 0.85

Plaintree Systems 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.85 0.90 1.28 1.34

Competitive Comparison of Plaintree Systems's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Plaintree 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.


Plaintree Systems's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Plaintree Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Plaintree 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.

Plaintree Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03525/0.06
=0.59

* 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.

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

For example, Plaintree Systems'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)
=0.016/125.0724*125.0724
=0.016

Current CPI (Dec. 2023) = 125.0724.

Plaintree Systems Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.007 98.604 0.009
201406 -0.031 99.473 -0.039
201409 0.043 99.394 0.054
201412 0.154 98.367 0.196
201503 0.109 99.789 0.137
201506 0.102 100.500 0.127
201509 0.015 100.421 0.019
201512 -0.016 99.947 -0.020
201603 -0.028 101.054 -0.035
201606 -0.037 102.002 -0.045
201609 -0.056 101.765 -0.069
201612 -0.088 101.449 -0.108
201703 -0.180 102.634 -0.219
201706 -0.161 103.029 -0.195
201709 -0.138 103.345 -0.167
201712 -0.083 103.345 -0.100
201803 -0.034 105.004 -0.040
201806 0.001 105.557 0.001
201809 0.074 105.636 0.088
201812 0.091 105.399 0.108
201903 0.206 106.979 0.241
201906 0.193 107.690 0.224
201909 0.277 107.611 0.322
201912 0.232 107.769 0.269
202003 0.062 107.927 0.072
202006 0.084 108.401 0.097
202009 0.071 108.164 0.082
202012 0.073 108.559 0.084
202103 0.121 110.298 0.137
202106 0.141 111.720 0.158
202109 0.164 112.905 0.182
202112 0.129 113.774 0.142
202203 0.108 117.646 0.115
202206 0.127 120.806 0.131
202209 0.135 120.648 0.140
202212 0.180 120.964 0.186
202303 -0.010 122.702 -0.010
202306 0.028 124.203 0.028
202309 0.025 125.230 0.025
202312 0.016 125.072 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.


Plaintree Systems  (OTCPK:PTEEF) 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.


Plaintree Systems Cyclically Adjusted PB Ratio Related Terms

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


Plaintree Systems (Plaintree Systems) Business Description

Traded in Other Exchanges
Address
10 Didak Drive, Arnprior, ON, CAN, K7S 0C3
Plaintree Systems Inc. is a diversified company with proprietary technology and manufacturing capabilities in structural design, aerospace, and telecommunications. The company's operating segment includes Electronics and Specialty Structures. It generates maximum revenue from the Specialty Structures segment. Geographically, it derives a majority of revenue from the United States.