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Sceptre Ventures (TSXV:SVP.H) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Sceptre Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sceptre Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sceptre 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.

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Sceptre Ventures Cyclically Adjusted PB Ratio Chart

Sceptre Ventures Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Sceptre Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sceptre Ventures's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Sceptre 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.


Sceptre Ventures's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sceptre Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sceptre 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.

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

For example, Sceptre Ventures'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)
=-0.04/126.2576*126.2576
=-0.040

Current CPI (Mar. 2024) = 126.2576.

Sceptre Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.008 99.473 -0.010
201409 0.014 99.394 0.018
201412 -0.022 98.367 -0.028
201503 -0.026 99.789 -0.033
201506 -0.044 100.500 -0.055
201509 -0.044 100.421 -0.055
201512 -0.045 99.947 -0.057
201603 -0.046 101.054 -0.057
201606 -0.052 102.002 -0.064
201609 -0.057 101.765 -0.071
201612 -0.008 101.449 -0.010
201703 -0.012 102.634 -0.015
201706 -0.015 103.029 -0.018
201709 -0.017 103.345 -0.021
201712 -0.021 103.345 -0.026
201803 -0.026 105.004 -0.031
201806 -0.043 105.557 -0.051
201809 -0.045 105.636 -0.054
201812 -0.048 105.399 -0.057
201903 -0.052 106.979 -0.061
201906 -0.065 107.690 -0.076
201909 -0.072 107.611 -0.084
201912 -0.076 107.769 -0.089
202003 -0.077 107.927 -0.090
202006 -0.077 108.401 -0.090
202009 -0.086 108.164 -0.100
202012 -0.096 108.559 -0.112
202103 -0.098 110.298 -0.112
202106 -0.093 111.720 -0.105
202109 -0.101 112.905 -0.113
202112 -0.117 113.774 -0.130
202203 -0.127 117.646 -0.136
202206 -0.117 120.806 -0.122
202209 -0.021 120.648 -0.022
202212 -0.026 120.964 -0.027
202303 -0.030 122.702 -0.031
202306 -0.035 124.203 -0.036
202309 -0.037 125.230 -0.037
202312 -0.039 125.072 -0.039
202403 -0.040 126.258 -0.040

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.


Sceptre Ventures  (TSXV:SVP.H) 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.


Sceptre Ventures Cyclically Adjusted PB Ratio Related Terms

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Sceptre Ventures (TSXV:SVP.H) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Website
Sceptre Ventures Inc is a capital pool company.

Sceptre Ventures (TSXV:SVP.H) Headlines

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