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CVD Equipment (CVD Equipment) Cyclically Adjusted PB Ratio : 0.77 (As of May. 26, 2024)


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What is CVD Equipment Cyclically Adjusted PB Ratio?

As of today (2024-05-26), CVD Equipment's current share price is $4.545. CVD Equipment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.91. CVD Equipment's Cyclically Adjusted PB Ratio for today is 0.77.

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

CVV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.38   Max: 4.83
Current: 0.77

During the past years, CVD Equipment's highest Cyclically Adjusted PB Ratio was 4.83. The lowest was 0.42. And the median was 1.38.

CVV's Cyclically Adjusted PB Ratio is ranked better than
80.33% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs CVV: 0.77

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.

CVD Equipment's adjusted book value per share data for the three months ended in Mar. 2024 was $3.663. 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 $5.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVD Equipment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CVD Equipment'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.

CVD Equipment Cyclically Adjusted PB Ratio Chart

CVD Equipment 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 0.59 0.65 0.71 0.93 0.75

CVD Equipment 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 2.22 1.23 1.11 0.75 0.80

Competitive Comparison of CVD Equipment's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, CVD Equipment'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.


CVD Equipment's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CVD Equipment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CVD Equipment 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.

CVD Equipment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.545/5.91
=0.77

* 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.

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

For example, CVD Equipment'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)
=3.663/131.7762*131.7762
=3.663

Current CPI (Mar. 2024) = 131.7762.

CVD Equipment Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.120 100.560 6.709
201409 5.274 100.428 6.920
201412 4.750 99.070 6.318
201503 4.884 99.621 6.460
201506 5.128 100.684 6.712
201509 5.288 100.392 6.941
201512 5.360 99.792 7.078
201603 5.315 100.470 6.971
201606 5.251 101.688 6.805
201609 5.267 101.861 6.814
201612 5.407 101.863 6.995
201703 5.587 102.862 7.157
201706 5.806 103.349 7.403
201709 6.054 104.136 7.661
201712 6.294 104.011 7.974
201803 6.405 105.290 8.016
201806 6.214 106.317 7.702
201809 5.862 106.507 7.253
201812 5.464 105.998 6.793
201903 5.250 107.251 6.451
201906 5.065 108.070 6.176
201909 5.052 108.329 6.145
201912 4.523 108.420 5.497
202003 4.777 108.902 5.780
202006 4.612 108.767 5.588
202009 4.426 109.815 5.311
202012 3.612 109.897 4.331
202103 3.392 111.754 4.000
202106 3.621 114.631 4.163
202109 4.528 115.734 5.156
202112 4.341 117.630 4.863
202203 4.204 121.301 4.567
202206 4.093 125.017 4.314
202209 4.100 125.227 4.314
202212 4.348 125.222 4.576
202303 4.362 127.348 4.514
202306 4.236 128.729 4.336
202309 4.137 129.860 4.198
202312 3.840 129.419 3.910
202403 3.663 131.776 3.663

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.


CVD Equipment  (NAS:CVV) 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.


CVD Equipment Cyclically Adjusted PB Ratio Related Terms

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


CVD Equipment (CVD Equipment) Business Description

Traded in Other Exchanges
Address
355 South Technology Drive, Central Islip, NY, USA, 11722
CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through the segments of CVD Equipment, CVD materials, and Stainless Design Concepts (SDC). It generates maximum revenue from the CVD Equipment segment. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport, and similar equipment.
Executives
Andrew Africk 10 percent owner
Ashraf Wagih Lotfi director C/O CVD EQUIPMENT CORPORATION, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Lawrence Waldman director 5115 ULMERTON RD., CLEARWATER FL 33770
Raymond A Nielsen director BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Gunther Conrad J Jr director 249 JENNINGS ROAD, COLD SPRING HARBOR NY 11724
Debra Ann Wasser director C/O CVD EQUIPMENT CORPORATION, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Brill Dr Robert M director NEW LIGHT MANAGEMENT LLC, 500 N BROADWAY SUITE 144, JERICHO NY 11753
Warren David Cheesman officer: Vice President-Manufacturing 389 WOODBRIDGE ROAD, ROCKVILLE CENTRE NY 11570
Ada Partners, L.p. 10 percent owner 111 WEST 67TH STREET, 21ST FLOOR, NEW YORK NY 10023
Richard Andrew Catalano officer: Chief Financial Officer 82 WHITEHALL BLVD, GARDEN CITY NY 11530
Maxim S. Shatalov officer: Vice President-Engineering 94 CHESTNUT STREET, MOUNT SINAI NY 11766
Kevin Richard Collins officer: VP & GM (SDC) 1117 OLD KINGS HIGHWAY, SAUGERTIES NY 12477
Emmanuel N Lakios officer: President & CEO 355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Jeffrey Alan Brogan officer: VP Sales & Marketing 3 SOUNDVIEW CT., STONY BROOK NY 11790
Leonard A Rosenbaum director, officer: CEO, President C/O CVD EQUIPMENT CORPORATION, 355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722

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