GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hudson Technologies Inc (NAS:HDSN) » Definitions » Cyclically Adjusted PB Ratio

Hudson Technologies (Hudson Technologies) Cyclically Adjusted PB Ratio : 3.79 (As of May. 22, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Hudson Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Hudson Technologies's current share price is $9.88. Hudson Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.61. Hudson Technologies's Cyclically Adjusted PB Ratio for today is 3.79.

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

HDSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 3.84   Max: 9.84
Current: 3.73

During the past years, Hudson Technologies's highest Cyclically Adjusted PB Ratio was 9.84. The lowest was 0.19. And the median was 3.84.

HDSN's Cyclically Adjusted PB Ratio is ranked worse than
77.9% of 1086 companies
in the Chemicals industry
Industry Median: 1.66 vs HDSN: 3.73

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.

Hudson Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was $5.243. 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 $2.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudson Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hudson Technologies'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.

Hudson Technologies Cyclically Adjusted PB Ratio Chart

Hudson Technologies 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 0.61 0.66 2.45 4.81 5.46

Hudson Technologies 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 3.97 4.21 5.56 5.46 4.22

Competitive Comparison of Hudson Technologies's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Hudson Technologies'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.


Hudson Technologies's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hudson Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hudson Technologies 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.

Hudson Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.88/2.61
=3.79

* 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.

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

For example, Hudson Technologies'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)
=5.243/131.7762*131.7762
=5.243

Current CPI (Mar. 2024) = 131.7762.

Hudson Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.380 100.560 1.808
201409 1.377 100.428 1.807
201412 1.362 99.070 1.812
201503 1.423 99.621 1.882
201506 1.505 100.684 1.970
201509 1.540 100.392 2.021
201512 1.507 99.792 1.990
201603 1.597 100.470 2.095
201606 1.742 101.688 2.257
201609 1.917 101.861 2.480
201612 2.701 101.863 3.494
201703 2.841 102.862 3.640
201706 3.042 103.349 3.879
201709 3.042 104.136 3.849
201712 2.912 104.011 3.689
201803 2.840 105.290 3.554
201806 2.123 106.317 2.631
201809 1.797 106.507 2.223
201812 1.625 105.998 2.020
201903 1.539 107.251 1.891
201906 1.221 108.070 1.489
201909 1.289 108.329 1.568
201912 1.058 108.420 1.286
202003 0.993 108.902 1.202
202006 1.054 108.767 1.277
202009 1.060 109.815 1.272
202012 0.937 109.897 1.124
202103 0.920 111.754 1.085
202106 1.171 114.631 1.346
202109 1.523 115.734 1.734
202112 1.585 117.630 1.776
202203 2.247 121.301 2.441
202206 3.131 125.017 3.300
202209 3.785 125.227 3.983
202212 3.861 125.222 4.063
202303 4.225 127.348 4.372
202306 4.660 128.729 4.770
202309 4.938 129.860 5.011
202312 5.028 129.419 5.120
202403 5.243 131.776 5.243

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.


Hudson Technologies  (NAS:HDSN) 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.


Hudson Technologies Cyclically Adjusted PB Ratio Related Terms

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


Hudson Technologies (Hudson Technologies) Business Description

Traded in Other Exchanges
N/A
Address
300 Tice Boulevard, Suite 290, Woodcliff Lake, NJ, USA, 07677
Hudson Technologies Inc is an American industrial products manufacturer. It develops products which are mainly used in commercial air conditioning, industrial processing, and refrigeration systems. The company products include refrigerant and industrial gases, refrigerant management services and RefrigerantSide services, which consist of system decontamination. These are performed at a customer's site using its Zugibeast system, which is a fast and portable system and allows the R-Side services team to accelerate critical services while saving customers time, money and aggravation. The company also owns a web-based real-time monitoring service which is used in the facility's refrigeration systems and other energy systems.
Executives
Richard Parrillo director 101 S. FT. LAUDERDALE BEACH BLVD, FT. LAUDERDALE FL 33316
Eric A Prouty director 107 SLOUGH RD, HARVARD MA 01451
Vincent P Abbatecola director
Kenneth Gaglione officer: VP-Operations ONE BLUE HILL PLAZA, 14TH FLOOR, PEARL RIVER NY 10965
Nat Krishnamurti officer: VP, Chief Financial Officer C/O INVENTIV HEALTH, INC., 500 ATRIUM DRIVE, SOMERSET NJ 08873
Nicole E Bulgarino director C/O AMERESCO, INC., 111 SPEEN ST, SUITE 410, FRAMINGHAM MA 01701
Loan Nguyen Mansy director C/O HUDSON TECHNOLOGIES, INC., 300 TICE BOULEVARD, SUITE 290, WOODCLIFF LAKE NJ 07677
Stephen P Mandracchia officer: Vice President, Secretary 2 HERITAGE COURT, WARWICK NY 10990
Kathleen Houghton officer: VP - Sales and Marketing ONE BLUE HILL PLAZA, 14TH FLOOR, PEARL RIVER NY 10965
Brian F Coleman officer: President
Otto C Morch director
Estate Of Kevin J. Zugibe 10 percent owner 30 TAVARONE STREET, GARNERVILLE NY 10923
Dominic J Monetta director
Jill Kathleen Frizzley director P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Ryan A Maupin officer: Chief Restructuring Officer P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965