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NVRVF (Novra Technologies) Cyclically Adjusted PB Ratio : (As of Nov. 14, 2024)


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What is Novra Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Novra Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Novra Technologies'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.

Novra Technologies Cyclically Adjusted PB Ratio Chart

Novra Technologies 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 4.64 3.70 7.70 7.76 -

Novra Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 16.24 104.52 - - -

Competitive Comparison of Novra Technologies's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Novra Technologies'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.


Novra Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Novra Technologies 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.

Novra Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Novra Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.085/127.5217*127.5217
=-0.085

Current CPI (Jun. 2024) = 127.5217.

Novra Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.013 99.394 0.017
201412 0.002 98.367 0.003
201503 0.024 99.789 0.031
201506 0.018 100.500 0.023
201509 0.015 100.421 0.019
201512 0.013 99.947 0.017
201603 0.003 101.054 0.004
201606 0.029 102.002 0.036
201609 0.011 101.765 0.014
201612 0.021 101.449 0.026
201703 0.027 102.634 0.034
201706 0.050 103.029 0.062
201709 0.056 103.345 0.069
201712 0.051 103.345 0.063
201803 0.041 105.004 0.050
201806 0.029 105.557 0.035
201809 0.040 105.636 0.048
201812 0.038 105.399 0.046
201903 0.020 106.979 0.024
201906 0.014 107.690 0.017
201909 0.019 107.611 0.023
201912 0.002 107.769 0.002
202003 -0.015 107.927 -0.018
202006 -0.012 108.401 -0.014
202009 -0.023 108.164 -0.027
202012 -0.038 108.559 -0.045
202103 -0.019 110.298 -0.022
202106 -0.026 111.720 -0.030
202109 -0.047 112.905 -0.053
202112 -0.040 113.774 -0.045
202203 -0.055 117.646 -0.060
202206 -0.061 120.806 -0.064
202209 -0.068 120.648 -0.072
202212 -0.062 120.964 -0.065
202303 -0.066 122.702 -0.069
202306 -0.070 124.203 -0.072
202309 -0.071 125.230 -0.072
202312 -0.063 125.072 -0.064
202403 -0.079 126.258 -0.080
202406 -0.085 127.522 -0.085

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.


Novra Technologies  (OTCPK:NVRVF) 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.


Novra Technologies Cyclically Adjusted PB Ratio Related Terms

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Novra Technologies Business Description

Traded in Other Exchanges
Address
210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2
Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA, and APAC.

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