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Kraken Robotics (Kraken Robotics) Cyclically Adjusted PB Ratio : 14.16 (As of Jun. 10, 2024)


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What is Kraken Robotics Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kraken Robotics's current share price is $0.7079. Kraken Robotics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.05. Kraken Robotics's Cyclically Adjusted PB Ratio for today is 14.16.

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

KRKNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.75   Med: 9.8   Max: 18
Current: 13.38

During the past years, Kraken Robotics's highest Cyclically Adjusted PB Ratio was 18.00. The lowest was 4.75. And the median was 9.80.

KRKNF's Cyclically Adjusted PB Ratio is ranked worse than
97.84% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs KRKNF: 13.38

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.

Kraken Robotics's adjusted book value per share data for the three months ended in Mar. 2024 was $0.124. 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 $0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kraken Robotics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kraken Robotics'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.

Kraken Robotics Cyclically Adjusted PB Ratio Chart

Kraken Robotics Annual Data
Trend Sep14 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 12.34 11.34 7.00 9.46 9.39

Kraken Robotics 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 8.34 7.57 6.18 9.39 15.17

Competitive Comparison of Kraken Robotics's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Kraken Robotics'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.


Kraken Robotics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Kraken Robotics 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.

Kraken Robotics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.7079/0.05
=14.16

* 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.

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

For example, Kraken Robotics'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)
=0.124/126.2576*126.2576
=0.124

Current CPI (Mar. 2024) = 126.2576.

Kraken Robotics Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.043 99.473 0.055
201409 0.036 99.394 0.046
201412 0.036 98.367 0.046
201503 0.023 99.789 0.029
201506 0.020 100.500 0.025
201509 0.014 100.421 0.018
201512 0.010 99.947 0.013
201603 0.010 101.054 0.012
201606 0.005 102.002 0.006
201609 0.015 101.765 0.019
201612 0.007 101.449 0.009
201703 0.001 102.634 0.001
201706 0.009 103.029 0.011
201709 0.010 103.345 0.012
201712 0.005 103.345 0.006
201803 -0.006 105.004 -0.007
201806 0.014 105.557 0.017
201809 0.013 105.636 0.016
201812 0.043 105.399 0.052
201903 0.054 106.979 0.064
201906 0.046 107.690 0.054
201909 0.051 107.611 0.060
201912 0.050 107.769 0.059
202003 0.053 107.927 0.062
202006 0.056 108.401 0.065
202009 0.047 108.164 0.055
202012 0.074 108.559 0.086
202103 0.074 110.298 0.085
202106 0.072 111.720 0.081
202109 0.105 112.905 0.117
202112 0.107 113.774 0.119
202203 0.098 117.646 0.105
202206 0.101 120.806 0.106
202209 0.093 120.648 0.097
202212 0.086 120.964 0.090
202303 0.088 122.702 0.091
202306 0.098 124.203 0.100
202309 0.105 125.230 0.106
202312 0.116 125.072 0.117
202403 0.124 126.258 0.124

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.


Kraken Robotics  (OTCPK:KRKNF) 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.


Kraken Robotics Cyclically Adjusted PB Ratio Related Terms

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


Kraken Robotics (Kraken Robotics) Business Description

Traded in Other Exchanges
Address
189 Glencoe Drive, Mount Pearl, NL, CAN, A1N 4P6
Kraken Robotics Inc is a Canadian company engaged in the design, manufacture and sale of software-centric sensors and underwater robotic systems. It operates in the business segments of Sensors and Platforms which is the design, manufacture, and sale and provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platform; and Power which is the design, manufacture, and sale of subsea power equipment such as drives, thrusters, and batteries. A majority of the revenue is derived from the Sensors and Platforms segment. Geographically, the group generates revenue from Canada, the United States, Europe and other countries.

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