GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Universal Solar Technology Inc (OTCPK:UNSS) » Definitions » Cyclically Adjusted PB Ratio

Universal Solar Technology (Universal Solar Technology) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Universal Solar Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Solar Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Universal Solar Technology'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.

Universal Solar Technology Cyclically Adjusted PB Ratio Chart

Universal Solar Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Universal Solar Technology Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec18 Dec19 Mar20 Jun20 Dec20
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 - - - - -

Competitive Comparison of Universal Solar Technology's Cyclically Adjusted PB Ratio

For the Solar subindustry, Universal Solar Technology'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.


Universal Solar Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Universal Solar Technology 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.

Universal Solar Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Universal Solar Technology's adjusted Book Value per Share data for the fiscal year that ended in Dec20 was:

Adj_Book=Book Value per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=-0.001/109.8968*109.8968
=-0.001

Current CPI (Dec20) = 109.8968.

Universal Solar Technology Annual Data

Book Value per Share CPI Adj_Book
200712 -0.002 88.616 -0.002
200812 -0.005 88.697 -0.006
200912 -0.016 91.111 -0.019
201012 -0.037 92.474 -0.044
201112 -0.155 95.213 -0.179
201212 -0.407 96.871 -0.462
201312 -0.472 98.326 -0.528
201812 0.000 105.998 0.000
201912 0.000 108.420 0.000
202012 -0.001 109.897 -0.001

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.


Universal Solar Technology  (OTCPK:UNSS) 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.


Universal Solar Technology Cyclically Adjusted PB Ratio Related Terms

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


Universal Solar Technology (Universal Solar Technology) Business Description

Traded in Other Exchanges
N/A
Address
350 North Sam Houston Parkway East, Suite 102, Houston, TX, USA, 77060
Universal Solar Technology Inc is currently pursuing opportunities in renewable energy, specifically solar and wind. The company also plans the installation of a closed loop waste to energy technology with a global consequential impact.