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Minami Acoustics (SZSE:301383) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


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What is Minami Acoustics Cyclically Adjusted PB Ratio?

Minami Acoustics does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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Minami Acoustics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Minami Acoustics'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.

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Minami Acoustics Cyclically Adjusted PB Ratio Chart

Minami Acoustics Annual Data
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Minami Acoustics Quarterly Data
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Competitive Comparison of Minami Acoustics's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Minami Acoustics'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.


Minami Acoustics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Minami Acoustics 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.

Minami Acoustics does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Minami Acoustics  (SZSE:301383) 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.


Minami Acoustics Cyclically Adjusted PB Ratio Related Terms

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Minami Acoustics (SZSE:301383) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Baokuang Road, Shangou Industrial Zone, Yudu County, Jiangxi, Ganzhou, CHN, 342300
Minami Acoustics Ltd focuses on the research & development, production and sales of electroacoustic components and accessories, and has production and manufacturing bases in Zhongshan, Yudu and Malaysia respectively. The main business is the research and development, manufacturing and sales of micro electroacoustic components, consumer, industrial and vehicle-mounted electroacoustic products, and health acoustic products.

Minami Acoustics (SZSE:301383) Headlines

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