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Pacific Edge (Pacific Edge) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 08, 2024)


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What is Pacific Edge Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Pacific Edge's current share price is $0.06. Pacific Edge's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $0.05. Pacific Edge's Cyclically Adjusted PB Ratio for today is 1.20.

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

PFGTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 10.29   Max: 62
Current: 1.5

During the past 13 years, Pacific Edge's highest Cyclically Adjusted PB Ratio was 62.00. The lowest was 1.03. And the median was 10.29.

PFGTF's Cyclically Adjusted PB Ratio is ranked better than
64.71% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.01 vs PFGTF: 1.50

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.

Pacific Edge's adjusted book value per share data of for the fiscal year that ended in Mar24 was $0.041. 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 Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Edge Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pacific Edge'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.

Pacific Edge Cyclically Adjusted PB Ratio Chart

Pacific Edge Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 22.17 17.03 6.46 1.26

Pacific Edge Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 17.03 - 6.46 - 1.26

Competitive Comparison of Pacific Edge's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, Pacific Edge'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.


Pacific Edge's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Pacific Edge's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pacific Edge 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.

Pacific Edge's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.05
=1.20

* 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.

Pacific Edge's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Pacific Edge's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.041/129.5261*129.5261
=0.041

Current CPI (Mar24) = 129.5261.

Pacific Edge Annual Data

Book Value per Share CPI Adj_Book
201503 0.023 99.646 0.030
201603 0.050 100.063 0.065
201703 0.034 102.231 0.043
201803 0.024 103.355 0.030
201903 0.017 104.889 0.021
202003 0.013 107.547 0.016
202103 0.025 109.182 0.030
202203 0.099 116.747 0.110
202303 0.068 124.517 0.071
202403 0.041 129.526 0.041

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.


Pacific Edge  (OTCPK:PFGTF) 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.


Pacific Edge Cyclically Adjusted PB Ratio Related Terms

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


Pacific Edge (Pacific Edge) Business Description

Traded in Other Exchanges
Address
87 St David Street, P.O. Box 56, Dunedin, STL, NZL, 9016
Pacific Edge Ltd is a NewZealand based company involved in developing and commercializing diagnostic and prognostic tools for the early detection and management of cancers. It manages and operates the laboratories used for the detection of bladder cancer. The company operates in two segments: Commercial, which includes sales, marketing, laboratory, and support operations to run the commercial businesses world wide; and Research, which is into research and development of diagnostic and prognostic products for human cancer. The commercial segment contributes to the majority of the revenue. Pacific Edge has a product in the marketplace called Cxbladder. Its geographical segments are the United States, New Zealand, and the Rest of the World.

Pacific Edge (Pacific Edge) Headlines

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