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HPQ Silicon (TSXV:HPQ) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is HPQ Silicon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HPQ Silicon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HPQ Silicon'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.

HPQ Silicon Cyclically Adjusted PB Ratio Chart

HPQ Silicon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 31.65 12.49 6.26 5.77

HPQ Silicon Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.47 5.17 6.65 5.77 -

Competitive Comparison of HPQ Silicon's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, HPQ Silicon'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.


HPQ Silicon's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, HPQ Silicon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HPQ Silicon 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.

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

For example, HPQ Silicon'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)
=0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

HPQ Silicon Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.025 99.473 0.032
201409 0.009 99.394 0.011
201412 0.011 98.367 0.014
201503 0.017 99.789 0.022
201506 0.018 100.500 0.023
201509 0.017 100.421 0.021
201512 0.016 99.947 0.020
201603 0.017 101.054 0.021
201606 0.019 102.002 0.024
201609 0.027 101.765 0.033
201612 0.033 101.449 0.041
201703 0.042 102.634 0.052
201706 0.040 103.029 0.049
201709 0.036 103.345 0.044
201712 0.036 103.345 0.044
201803 0.035 105.004 0.042
201806 0.033 105.557 0.039
201809 0.041 105.636 0.049
201812 0.033 105.399 0.040
201903 0.031 106.979 0.037
201906 0.029 107.690 0.034
201909 0.029 107.611 0.034
201912 0.028 107.769 0.033
202003 0.027 107.927 0.032
202006 0.030 108.401 0.035
202009 0.046 108.164 0.054
202012 0.046 108.559 0.053
202103 0.051 110.298 0.058
202106 0.062 111.720 0.070
202109 0.061 112.905 0.068
202112 0.055 113.774 0.061
202203 0.054 117.646 0.058
202206 0.059 120.806 0.062
202209 0.054 120.648 0.057
202212 0.041 120.964 0.043
202303 0.037 122.702 0.038
202306 0.031 124.203 0.032
202309 0.020 125.230 0.020
202312 0.003 125.072 0.003
202403 0.000 126.258 0.000

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.


HPQ Silicon  (TSXV:HPQ) 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.


HPQ Silicon Cyclically Adjusted PB Ratio Related Terms

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


HPQ Silicon (TSXV:HPQ) Business Description

Traded in Other Exchanges
Address
3000 Omer-Lavallee Street, Suite 306, Montreal, QC, CAN, H1Y 3R8
HPQ Silicon Inc is an innovative silicon solutions company that offers silica and silicon-based solutions, and is developing a unique portfolio of high-value-added silicon products sought after by battery and electric vehicle manufacturers.
Executives
Peter Henderson Smith Director

HPQ Silicon (TSXV:HPQ) Headlines

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