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VOXX International (VOXX International) Cyclically Adjusted PB Ratio : 0.33 (As of Apr. 27, 2024)


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What is VOXX International Cyclically Adjusted PB Ratio?

As of today (2024-04-27), VOXX International's current share price is $6.42. VOXX International's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $19.71. VOXX International's Cyclically Adjusted PB Ratio for today is 0.33.

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

VOXX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.42   Max: 1.3
Current: 0.33

During the past years, VOXX International's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.10. And the median was 0.42.

VOXX's Cyclically Adjusted PB Ratio is ranked better than
91% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs VOXX: 0.33

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.

VOXX International's adjusted book value per share data for the three months ended in Nov. 2023 was $13.999. 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 $19.71 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


VOXX International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VOXX 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.

* Premium members only.

VOXX International Cyclically Adjusted PB Ratio Chart

VOXX International 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 0.27 0.20 1.10 0.54 0.57

VOXX International 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 0.55 0.57 0.48 0.43 0.55

Competitive Comparison of VOXX International's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, VOXX 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.


VOXX International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



VOXX 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.

VOXX International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.42/19.71
=0.33

* 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.

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

For example, VOXX International'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)
=13.999/129.5481*129.5481
=13.999

Current CPI (Nov. 2023) = 129.5481.

VOXX International Quarterly Data

Book Value per Share CPI Adj_Book
201402 17.581 99.057 22.993
201405 17.613 100.373 22.733
201408 17.235 100.352 22.249
201411 17.683 99.635 22.992
201502 16.414 99.032 21.472
201505 16.240 100.333 20.969
201508 16.087 100.548 20.727
201511 16.101 100.135 20.831
201602 16.033 100.040 20.762
201605 16.020 101.355 20.476
201608 16.130 101.617 20.564
201611 16.144 101.829 20.539
201702 16.142 102.779 20.346
201705 16.285 103.256 20.432
201708 17.918 103.587 22.409
201711 18.267 104.072 22.739
201802 18.842 105.052 23.236
201805 18.744 106.148 22.876
201808 17.889 106.383 21.784
201811 18.351 106.338 22.357
201902 16.847 106.649 20.464
201905 16.768 108.048 20.105
201908 16.520 108.245 19.771
201911 16.737 108.519 19.980
202002 15.898 109.139 18.871
202005 15.514 108.175 18.579
202008 15.922 109.662 18.809
202011 16.711 109.793 19.718
202102 17.027 110.968 19.878
202105 17.228 113.576 19.651
202108 17.233 115.421 19.342
202111 15.997 117.269 17.672
202202 15.962 119.703 17.275
202205 15.561 123.323 16.347
202208 14.898 124.958 15.445
202211 15.310 125.607 15.790
202302 14.592 126.928 14.893
202305 14.200 128.314 14.337
202308 13.842 129.538 13.843
202311 13.999 129.548 13.999

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.


VOXX International  (NAS:VOXX) 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.


VOXX International Cyclically Adjusted PB Ratio Related Terms

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


VOXX International (VOXX International) Business Description

Traded in Other Exchanges
Address
2351 J. Lawson Boulevard, Orlando, FL, USA, 32824
VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.
Executives
Beat Kahli 10 percent owner AVALON GROUP INTERNATIONAL, LLC, 3801 AVALON PARK EAST BLVD., STE 400, ORLANDO FL 32828
Steven R Downing director 14814 CREEK EDGE DRIVE, HOLLAND MI 49424
Peter A Lesser director C/O AUDIOVOX CORP, 180 MARCUS BLVD., HAUPPAUGE NY 11788-0518
Patrick M Lavelle director, officer: Senior Vice President 150 MARCUS BLVD, PO BOX 18000, HAUPPAUGE NY 11788
John J Shalam director, 10 percent owner, officer: President and C.E.O. 180 MARCUS BLVD, PO BOX 12427, HAUPPAGE NY 11788-0518
Holding Ag Kahli 10 percent owner RIESBACHSTRASSE 57, ZURICH V8 8008
Edward David Mas officer: President Voxx Automotive Corp C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BOULEVARD, HAUPPAUGE NY 11788
John Jr Adamovich director 180 MARCUS BLVD, C/O VOXX INTERNATIONAL CORPORATION, HAUPPAUGE NY 11788
Kreuch Paul C Jr director C/O 180 MARCUS BLVD., PO BOX 12427, HAUPPAUGE NY 11788-0518
Ari Shalam director C/O AUDIOVOX CORP, 150 MARCUS BLVD, HAUPPAUGE NY 11788
Denise W. Gibson director 140 SCHOOL STREET, LIBERTYVILLE IL 60048
Oscar Leonard Bernardo officer: COO Klipsch Group Inc. C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Ian Sebastian Geise officer: President Voxx Accessories C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Michael F Klipsch officer: Pres. Global Operations of KGI 180 MARCUS BOULEVARD, C/O AUDIOVOX CORPORATION, HAUPPAUGE X1 11788
Ludwig Geis officer: CEO VOXX Hirschmann Corp STUTTGARTER STRASSE 45 - 51, NECKARTENZLINGEN 2M 72654

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