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Capstone Holding (Capstone Holding) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Capstone Holding Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capstone Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capstone Holding'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.

Capstone Holding Cyclically Adjusted PB Ratio Chart

Capstone Holding 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 0.09 0.40 1.32 - -

Capstone Holding 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 - - - - -

Competitive Comparison of Capstone Holding's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Capstone Holding'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.


Capstone Holding's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Capstone Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Capstone Holding 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.

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

For example, Capstone Holding'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)
=2.557/131.7762*131.7762
=2.557

Current CPI (Mar. 2024) = 131.7762.

Capstone Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 118.713 100.560 155.565
201409 88.601 100.428 116.258
201412 75.905 99.070 100.964
201503 59.516 99.621 78.726
201506 43.615 100.684 57.084
201509 33.219 100.392 43.604
201512 12.378 99.792 16.345
201603 3.596 100.470 4.716
201606 -5.651 101.688 -7.323
201609 5.577 101.861 7.215
201612 -2.984 101.863 -3.860
201703 -12.451 102.862 -15.951
201706 -17.490 103.349 -22.301
201709 -5.793 104.136 -7.331
201712 -16.164 104.011 -20.479
201803 -26.922 105.290 -33.695
201806 -3.347 106.317 -4.148
201809 -15.999 106.507 -19.795
201812 -22.876 105.998 -28.439
201903 -38.525 107.251 -47.335
201906 -50.754 108.070 -61.888
201909 -56.426 108.329 -68.639
201912 -60.702 108.420 -73.779
202003 -64.969 108.902 -78.616
202006 -468.518 108.767 -567.629
202009 -469.897 109.815 -563.869
202012 -220.610 109.897 -264.531
202103 -253.406 111.754 -298.806
202106 -243.315 114.631 -279.706
202109 -239.442 115.734 -272.631
202112 -209.321 117.630 -234.495
202203 -230.424 121.301 -250.323
202206 -103.103 125.017 -108.678
202209 -104.784 125.227 -110.264
202212 -107.779 125.222 -113.420
202303 -123.266 127.348 -127.552
202306 33.462 128.729 34.254
202309 23.596 129.860 23.944
202312 15.462 129.419 15.744
202403 2.557 131.776 2.557

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.


Capstone Holding  (OTCPK:CAPS) 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.


Capstone Holding Cyclically Adjusted PB Ratio Related Terms

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


Capstone Holding (Capstone Holding) Business Description

Traded in Other Exchanges
N/A
Address
5141 West 122nd Street, Suite 104, Alsip, IL, USA, 60803
Capstone Holding Corp operates through its wholly-owned subsidiary as a construction materials company, which distributes manufactured and natural stone cladding products, natural stone landscape products, and related goods for residential and commercial construction.
Executives
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Miller Lloyd I Iii 10 percent owner
Michael Toporek director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Bp Peptides, Llc 10 percent owner 122 EAST 42ND STREET, SUITE 4305, NEW YORK NY 10168
Matthew E. Lipman director, 10 percent owner C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Biotechnology Value Fund L P 10 percent owner, other: Direct Beneficial Owner 44 MONTGOMERY STREET, 40TH FL, SAN FRANCISCO CA 94104
Leslie M Taeger officer: Chief Financial Officer
Mark N Lampert 10 percent owner 1 SANSOME ST, 30TH FL, SAN FRANCISCO CA 94104
Eric W Fangmann director 1540 10TH AVENUE, SAN DIEGO CA 92101
Holliman John M Iii director, officer: Executive Chairman 6155 N SCOTTADALE ROAD STE 100, SCOTTSDALE AZ 85250
Fredric J Feldman director 1275 W. WASHINGTON, TEMPE AZ 85281
Bvf Partners L P/il 10 percent owner, other: Indirect Beneficial Owner 44 MONTGOMERY ST., 40TH FLOOR, SAN FRANCISCO CA 94104
Bvf Investments Llc 10 percent owner, other: Direct Beneficial Owner 1 SANSOME ST, 30TH FL, SAN FRANCISCO CA 94104
William M Wardell director 58 CHRISTOPHER DR, PRINCETON NJ 08540