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Video Display (Video Display) Cyclically Adjusted PB Ratio : 0.74 (As of May. 24, 2024)


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What is Video Display Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Video Display's current share price is $1.00. Video Display's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $1.35. Video Display's Cyclically Adjusted PB Ratio for today is 0.74.

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

VIDE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.47   Max: 1.41
Current: 0.74

During the past years, Video Display's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.16. And the median was 0.47.

VIDE's Cyclically Adjusted PB Ratio is ranked better than
79.07% of 1868 companies
in the Hardware industry
Industry Median: 1.66 vs VIDE: 0.74

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.

Video Display's adjusted book value per share data for the three months ended in Nov. 2023 was $-0.133. 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 $1.35 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Video Display Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Video Display'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.

Video Display Cyclically Adjusted PB Ratio Chart

Video Display Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.39 1.17 0.44 0.84

Video Display Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.72 0.84 0.62 0.78 0.76

Competitive Comparison of Video Display's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Video Display'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.


Video Display's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Video Display's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Video Display 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.

Video Display's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/1.35
=0.74

* 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.

Video Display's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Video Display's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.133/129.5481*129.5481
=-0.133

Current CPI (Nov. 2023) = 129.5481.

Video Display Quarterly Data

Book Value per Share CPI Adj_Book
201402 3.452 99.057 4.515
201405 3.453 100.373 4.457
201408 3.480 100.352 4.492
201411 2.854 99.635 3.711
201502 2.467 99.032 3.227
201505 2.211 100.333 2.855
201508 1.980 100.548 2.551
201511 1.617 100.135 2.092
201602 1.436 100.040 1.860
201605 1.370 101.355 1.751
201608 1.306 101.617 1.665
201611 1.298 101.829 1.651
201702 1.266 102.779 1.596
201705 1.227 103.256 1.539
201708 1.192 103.587 1.491
201711 0.989 104.072 1.231
201802 0.779 105.052 0.961
201805 0.788 106.148 0.962
201808 0.788 106.383 0.960
201811 0.801 106.338 0.976
201902 0.793 106.649 0.963
201905 0.738 108.048 0.885
201908 0.664 108.245 0.795
201911 0.557 108.519 0.665
202002 0.589 109.139 0.699
202005 0.588 108.175 0.704
202008 0.417 109.662 0.493
202011 0.737 109.793 0.870
202102 0.727 110.968 0.849
202105 0.600 113.576 0.684
202108 0.628 115.421 0.705
202111 0.491 117.269 0.542
202202 0.292 119.703 0.316
202205 0.241 123.323 0.253
202208 0.252 124.958 0.261
202211 0.131 125.607 0.135
202302 -0.047 126.928 -0.048
202305 -0.098 128.314 -0.099
202308 -0.064 129.538 -0.064
202311 -0.133 129.548 -0.133

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.


Video Display  (OTCPK:VIDE) 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.


Video Display Cyclically Adjusted PB Ratio Related Terms

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


Video Display (Video Display) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5155 King Street, Cocoa, FL, USA, 32926
Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.
Executives
Ronald D Ordway director, 10 percent owner, officer: CEO 1868 TUCKER INDL RD, TUCKER GA 30084
Jonathan R Ordway 10 percent owner
David Saunders Cooper director 2476 OLDFIELD ROAD NW, ATLANTA GA 30327
Lusby Roger Winfield Iii director 5604 BAHIA MAR CIRCLE, STONE MOUNTAIN GA 30087
Gregory Lee Osborn director, officer: Chief Financial Officer 1374 CARRINGTON WAY, LAWRENCEVILLE GA 30044
David Allen Heiden officer: President & COO 6078 WINDSONG WAY, STONE MOUNTAIN GA 30087
Ervin Kuczogi director P O BOX 353, WHITE MILLS PA 18473
Michael Delen Boyd officer: CFO 1451 BEVERLY DRIVE, ATHENS GA 30606
Thibeault Ernest Joseph Iii director 603 OLD MAMMOTH ROAD, LONDONDERRY NH 03053
Carolyn C Howard director 279 MOUNTAIN ROAD, JAFFREY NH 03452
Carleton E Sawyer director C/O VIDEO DISPLAY CORP, 13 PINE RIDGE RD, LOUDON NH 03307-0830
Murray G Fox director, officer: CEO - Fox International, Ltd
Carol D Franklin officer: CFO
Peter Frend director 1107 LIBERTY SQUARE RD, BOXBOROUGH MA 01719

Video Display (Video Display) Headlines

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