GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Electronics for Imaging Inc (FRA:EFI) » Definitions » Cyclically Adjusted PB Ratio

Electronics for Imaging (FRA:EFI) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


View and export this data going back to . Start your Free Trial

What is Electronics for Imaging Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electronics for Imaging Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electronics for Imaging'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.

Electronics for Imaging Cyclically Adjusted PB Ratio Chart

Electronics for Imaging Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Electronics for Imaging Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 Electronics for Imaging's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Electronics for Imaging'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.


Electronics for Imaging's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Electronics for Imaging's Cyclically Adjusted PB Ratio falls into.



Electronics for Imaging 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.

Electronics for Imaging's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Electronics for Imaging's adjusted Book Value per Share data for the three months ended in Mar. 2019 was:

Adj_Book=Book Value per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=14.808/107.2505*107.2505
=14.808

Current CPI (Mar. 2019) = 107.2505.

Electronics for Imaging Quarterly Data

Book Value per Share CPI Adj_Book
200906 8.653 91.003 10.198
200909 8.184 91.120 9.633
200912 8.056 91.111 9.483
201003 8.405 91.821 9.817
201006 9.330 91.962 10.881
201009 8.934 92.162 10.397
201012 8.985 92.474 10.421
201103 8.518 94.283 9.690
201106 8.373 95.235 9.429
201109 8.761 95.727 9.816
201112 9.413 95.213 10.603
201203 9.504 96.783 10.532
201206 10.130 96.819 11.221
201209 10.004 97.633 10.989
201212 10.746 96.871 11.897
201303 10.986 98.209 11.997
201306 10.931 98.518 11.900
201309 10.994 98.790 11.936
201312 11.927 98.326 13.010
201403 11.657 99.695 12.541
201406 11.939 100.560 12.733
201409 12.910 100.428 13.787
201412 13.628 99.070 14.753
201503 15.537 99.621 16.727
201506 15.185 100.684 16.175
201509 15.410 100.392 16.463
201512 15.985 99.792 17.180
201603 15.784 100.470 16.849
201606 15.585 101.688 16.438
201609 15.794 101.861 16.630
201612 16.811 101.863 17.700
201703 16.708 102.862 17.421
201706 16.090 103.349 16.697
201709 15.149 104.136 15.602
201712 14.613 104.011 15.068
201803 14.148 105.290 14.412
201806 14.754 106.317 14.884
201809 14.727 106.507 14.830
201812 15.046 105.998 15.224
201903 14.808 107.251 14.808

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.


Electronics for Imaging  (FRA:EFI) 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.


Electronics for Imaging Cyclically Adjusted PB Ratio Related Terms

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


Electronics for Imaging (FRA:EFI) Business Description

Traded in Other Exchanges
N/A
Address
6750 Dumbarton Circle, Fremont, CA, USA, 94555
Electronics for Imaging provides digital printing services to printer manufacturers, commercial photo labs, sign shops, and billboard graphics providers. The firm operates in three segments: industrial inkjet, which provides eponymous printers to markets undergoing conversion of production from analog to digital; productivity software, which provides products to manage and streamline printing operations; and Fiery, which provides digital front ends to transform printers into networked devices for commercial and industrial use. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Europe, Middle East, and Africa, and Asia-Pacific.

Electronics for Imaging (FRA:EFI) Headlines

No Headlines