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AI Artificial Intelligence Ventures (TSXV:AIVC) Cyclically Adjusted PB Ratio : 1.50 (As of Jun. 07, 2024)


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What is AI Artificial Intelligence Ventures Cyclically Adjusted PB Ratio?

As of today (2024-06-07), AI Artificial Intelligence Ventures's current share price is C$0.24. AI Artificial Intelligence Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.16. AI Artificial Intelligence Ventures's Cyclically Adjusted PB Ratio for today is 1.50.

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

TSXV:AIVC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.17   Max: 4.06
Current: 2.03

During the past years, AI Artificial Intelligence Ventures's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.07. And the median was 0.17.

TSXV:AIVC's Cyclically Adjusted PB Ratio is ranked worse than
85.77% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs TSXV:AIVC: 2.03

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.

AI Artificial Intelligence Ventures's adjusted book value per share data for the three months ended in Feb. 2024 was C$-0.166. 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 C$0.16 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AI Artificial Intelligence Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AI Artificial Intelligence Ventures'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.

AI Artificial Intelligence Ventures Cyclically Adjusted PB Ratio Chart

AI Artificial Intelligence Ventures Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.19 0.16 0.10 1.21

AI Artificial Intelligence Ventures Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.77 0.80 1.21 1.43 2.86

Competitive Comparison of AI Artificial Intelligence Ventures's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, AI Artificial Intelligence Ventures'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.


AI Artificial Intelligence Ventures's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AI Artificial Intelligence Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AI Artificial Intelligence Ventures's Cyclically Adjusted PB Ratio falls into.



AI Artificial Intelligence Ventures 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.

AI Artificial Intelligence Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.24/0.16
=1.50

* 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.

AI Artificial Intelligence Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, AI Artificial Intelligence Ventures's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.166/125.4675*125.4675
=-0.166

Current CPI (Feb. 2024) = 125.4675.

AI Artificial Intelligence Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.127 99.394 0.160
201408 0.105 99.315 0.133
201411 0.059 99.078 0.075
201502 0.469 99.078 0.594
201505 0.188 100.263 0.235
201508 0.133 100.579 0.166
201511 0.359 100.421 0.449
201602 0.100 100.421 0.125
201605 0.095 101.765 0.117
201608 0.082 101.686 0.101
201611 0.069 101.607 0.085
201702 0.085 102.476 0.104
201705 0.073 103.108 0.089
201708 0.140 103.108 0.170
201711 0.182 103.740 0.220
201802 0.641 104.688 0.768
201805 0.700 105.399 0.833
201808 0.249 106.031 0.295
201811 0.186 105.478 0.221
201902 0.178 106.268 0.210
201905 0.175 107.927 0.203
201908 0.086 108.085 0.100
201911 0.073 107.769 0.085
202002 0.064 108.559 0.074
202005 0.076 107.532 0.089
202008 0.152 108.243 0.176
202011 0.199 108.796 0.229
202102 0.287 109.745 0.328
202105 0.277 111.404 0.312
202108 0.108 112.668 0.120
202111 0.077 113.932 0.085
202202 0.019 115.986 0.021
202205 -0.062 120.016 -0.065
202208 -0.067 120.569 -0.070
202211 -0.036 121.675 -0.037
202302 0.004 122.070 0.004
202305 -0.065 124.045 -0.066
202308 -0.130 125.389 -0.130
202311 -0.151 125.468 -0.151
202402 -0.166 125.468 -0.166

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.


AI Artificial Intelligence Ventures  (TSXV:AIVC) 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.


AI Artificial Intelligence Ventures Cyclically Adjusted PB Ratio Related Terms

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AI Artificial Intelligence Ventures (TSXV:AIVC) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
AI Artificial Intelligence Ventures Inc is a Canada-based company that operates in building a portfolio of investments, with a view to participating in income and capital growth from the ultimate sale or other disposal of those investments.

AI Artificial Intelligence Ventures (TSXV:AIVC) Headlines

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