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Minim (MINM) Cyclically Adjusted PB Ratio : 0.37 (As of May. 24, 2024)


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What is Minim Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Minim's current share price is $3.23. Minim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.68. Minim's Cyclically Adjusted PB Ratio for today is 0.37.

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

MINM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.25   Max: 3.78
Current: 0.39

During the past years, Minim's highest Cyclically Adjusted PB Ratio was 3.78. The lowest was 0.06. And the median was 0.25.

MINM's Cyclically Adjusted PB Ratio is ranked better than
90.26% of 1868 companies
in the Hardware industry
Industry Median: 1.66 vs MINM: 0.39

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.

Minim's adjusted book value per share data for the three months ended in Mar. 2024 was $-0.430. 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 $8.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minim Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Minim'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.

Minim Cyclically Adjusted PB Ratio Chart

Minim 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 0.10 0.40 0.14 0.51 0.22

Minim 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 0.29 0.47 0.16 0.22 0.73

Competitive Comparison of Minim's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Minim'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.


Minim's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Minim 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.

Minim's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.23/8.68
=0.37

* 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.

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

For example, Minim'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)
=-0.43/131.7762*131.7762
=-0.430

Current CPI (Mar. 2024) = 131.7762.

Minim Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.771 100.560 8.873
201409 6.831 100.428 8.963
201412 6.485 99.070 8.626
201503 6.499 99.621 8.597
201506 6.470 100.684 8.468
201509 10.866 100.392 14.263
201512 9.560 99.792 12.624
201603 8.412 100.470 11.033
201606 6.706 101.688 8.690
201609 6.483 101.861 8.387
201612 7.084 101.863 9.164
201703 5.392 102.862 6.908
201706 4.965 103.349 6.331
201709 5.742 104.136 7.266
201712 5.188 104.011 6.573
201803 5.853 105.290 7.325
201806 6.224 106.317 7.714
201809 7.023 106.507 8.689
201812 6.009 105.998 7.470
201903 4.540 107.251 5.578
201906 8.702 108.070 10.611
201909 8.588 108.329 10.447
201912 7.297 108.420 8.869
202003 6.676 108.902 8.078
202006 7.988 108.767 9.678
202009 7.813 109.815 9.375
202012 5.552 109.897 6.657
202103 5.676 111.754 6.693
202106 4.931 114.631 5.669
202109 17.471 115.734 19.893
202112 16.611 117.630 18.609
202203 14.773 121.301 16.049
202206 13.275 125.017 13.993
202209 11.093 125.227 11.673
202212 8.704 125.222 9.160
202303 6.568 127.348 6.796
202306 3.655 128.729 3.742
202309 0.072 129.860 0.073
202312 0.042 129.419 0.043
202403 -0.430 131.776 -0.430

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.


Minim  (NAS:MINM) 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.


Minim Cyclically Adjusted PB Ratio Related Terms

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


Minim (MINM) Business Description

Industry
Traded in Other Exchanges
Address
848 Elm Street, Manchester, NH, USA, 03101
Minim Inc manufactures communications equipment. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modems/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.
Executives
Elizabeth Cash Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Jeremy P. Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Andrew F. Papanicolau director 848 ELM STREET, MANCHESTER NH 03101
Mehul A Patel officer: Chief Financial Officer 3770 BLACKBURN COURT, CHALFONT PA 18914
Dustin Tacker officer: Interim Chief Acctng. Officer 224 ATLANTIC ST, GLOUCESTER MA 01930
Daniel A Artusi director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Hitchcock Elizabeth Sarah Cash director, 10 percent owner 101 ARCH STREET, BOSTON MA 02110
Sandra Kaye Howe director 101 ARCH STREET, BOSTON MA 02110
David Bradley Aronoff director 101 ARCH STREET, BOSTON MA 02110
Graham James Chynoweth director, officer: Chief Executive Officer 101 ARCH STREET, BOSTON MA 02110
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Sean Patrick Doherty officer: Chief Financial Officer 101 ARCH STREET, BOSTON MA 02110
Nicole Elisabeth Zheng officer: President & CMO 101 ARCH STREET, BOSTON MA 02110
John Lauten officer: Chief Operating Officer 848 ELM STREET, MANCHESTER NH 03101
Terry Manning officer: VP of Sales & Marketing

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