GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GoPro Inc (XSWX:GPRO) » Definitions » Cyclically Adjusted PB Ratio

GoPro (XSWX:GPRO) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


View and export this data going back to 2014. Start your Free Trial

What is GoPro Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoPro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GoPro'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.

GoPro Cyclically Adjusted PB Ratio Chart

GoPro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.61 1.04

GoPro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.59 1.29 0.97 1.04 0.66

Competitive Comparison of GoPro's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, GoPro'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.


GoPro's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



GoPro 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.

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

For example, GoPro'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)
=1.29/131.7762*131.7762
=1.290

Current CPI (Mar. 2024) = 131.7762.

GoPro Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.344 100.560 0.451
201409 2.612 100.428 3.427
201412 4.843 99.070 6.442
201503 5.130 99.621 6.786
201506 5.493 100.684 7.189
201509 5.874 100.392 7.710
201512 5.624 99.792 7.427
201603 4.824 100.470 6.327
201606 4.154 101.688 5.383
201609 3.514 101.861 4.546
201612 3.223 101.863 4.169
201703 2.545 102.862 3.260
201706 2.093 103.349 2.669
201709 2.244 104.136 2.840
201712 2.017 104.011 2.555
201803 1.386 105.290 1.735
201806 1.250 106.317 1.549
201809 1.112 106.507 1.376
201812 1.400 105.998 1.740
201903 1.294 107.251 1.590
201906 1.261 108.070 1.538
201909 0.838 108.329 1.019
201912 1.471 108.420 1.788
202003 1.148 108.902 1.389
202006 0.845 108.767 1.024
202009 0.871 109.815 1.045
202012 1.270 109.897 1.523
202103 1.282 111.754 1.512
202106 1.403 114.631 1.613
202109 3.284 115.734 3.739
202112 3.625 117.630 4.061
202203 3.504 121.301 3.807
202206 3.688 125.017 3.887
202209 3.794 125.227 3.992
202212 3.678 125.222 3.871
202303 3.496 127.348 3.618
202306 3.276 128.729 3.354
202309 3.247 129.860 3.295
202312 3.104 129.419 3.161
202403 1.290 131.776 1.290

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.


GoPro  (XSWX:GPRO) 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.


GoPro Cyclically Adjusted PB Ratio Related Terms

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


GoPro (XSWX:GPRO) Business Description

Industry
Address
3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.