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Voice Mobility International (TSXV:VMY.H) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Voice Mobility International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Voice Mobility International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Voice Mobility International'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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Voice Mobility International Cyclically Adjusted PB Ratio Chart

Voice Mobility International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Voice Mobility International 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 Voice Mobility International's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Voice Mobility International'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.


Voice Mobility International's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Voice Mobility International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Voice Mobility International 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.

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

For example, Voice Mobility International'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)
=-3.159/126.2576*126.2576
=-3.159

Current CPI (Mar. 2024) = 126.2576.

Voice Mobility International Quarterly Data

Book Value per Share CPI Adj_Book
201406 -2.074 99.473 -2.632
201409 -2.121 99.394 -2.694
201412 -2.192 98.367 -2.814
201503 -2.260 99.789 -2.859
201506 -2.309 100.500 -2.901
201509 -2.367 100.421 -2.976
201512 -2.447 99.947 -3.091
201603 -2.507 101.054 -3.132
201606 -2.572 102.002 -3.184
201609 -2.641 101.765 -3.277
201612 -2.698 101.449 -3.358
201703 -2.769 102.634 -3.406
201706 -2.843 103.029 -3.484
201709 -2.917 103.345 -3.564
201712 -2.997 103.345 -3.661
201803 -3.078 105.004 -3.701
201806 -3.163 105.557 -3.783
201809 -3.251 105.636 -3.886
201812 -3.294 105.399 -3.946
201903 -3.390 106.979 -4.001
201906 -3.173 107.690 -3.720
201909 -3.257 107.611 -3.821
201912 -3.245 107.769 -3.802
202003 -3.283 107.927 -3.841
202006 -3.321 108.401 -3.868
202009 -3.363 108.164 -3.926
202012 -3.413 108.559 -3.969
202103 -3.457 110.298 -3.957
202106 -3.504 111.720 -3.960
202109 -2.691 112.905 -3.009
202112 -2.730 113.774 -3.030
202203 -2.767 117.646 -2.970
202206 -2.809 120.806 -2.936
202209 -2.852 120.648 -2.985
202212 -2.899 120.964 -3.026
202303 -2.945 122.702 -3.030
202306 -2.996 124.203 -3.046
202309 -3.047 125.230 -3.072
202312 -3.104 125.072 -3.133
202403 -3.159 126.258 -3.159

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.


Voice Mobility International  (TSXV:VMY.H) 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.


Voice Mobility International Cyclically Adjusted PB Ratio Related Terms

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


Voice Mobility International (TSXV:VMY.H) Business Description

Traded in Other Exchanges
N/A
Address
1600 - 609 Granville Street, Vancouver, BC, CAN, V7Y 1C3
Voice Mobility International Inc provides a unified communications service through its Tagline Communications division. It offers services like 1-800 numbers, voice recognition, fax to email, auto attendant, web-based telephony, and conferencing functionality to business professionals throughout North America.

Voice Mobility International (TSXV:VMY.H) Headlines

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