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ABSSF (AirBoss of America) Cyclically Adjusted PB Ratio : 0.56 (As of Oct. 16, 2024)


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What is AirBoss of America Cyclically Adjusted PB Ratio?

As of today (2024-10-16), AirBoss of America's current share price is $3.68. AirBoss of America's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $6.62. AirBoss of America's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for AirBoss of America's Cyclically Adjusted PB Ratio or its related term are showing as below:

ABSSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 2.87   Max: 7.12
Current: 0.58

During the past years, AirBoss of America's highest Cyclically Adjusted PB Ratio was 7.12. The lowest was 0.45. And the median was 2.87.

ABSSF's Cyclically Adjusted PB Ratio is ranked better than
86.98% of 968 companies
in the Chemicals industry
Industry Median: 1.625 vs ABSSF: 0.58

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.

AirBoss of America's adjusted book value per share data for the three months ended in Jun. 2024 was $4.893. 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 $6.62 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AirBoss of America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Cyclically Adjusted PB Ratio Chart

AirBoss of America 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 1.66 2.70 6.85 0.95 0.58

AirBoss of America 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 0.83 0.52 0.58 0.69 0.66

Competitive Comparison of AirBoss of America's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AirBoss of America 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.

AirBoss of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.68/6.62
=0.56

* 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.

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

For example, AirBoss of America'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)
=4.893/127.5217*127.5217
=4.893

Current CPI (Jun. 2024) = 127.5217.

AirBoss of America Quarterly Data

Book Value per Share CPI Adj_Book
201409 3.840 99.394 4.927
201412 3.915 98.367 5.075
201503 4.012 99.789 5.127
201506 4.076 100.500 5.172
201509 4.202 100.421 5.336
201512 4.323 99.947 5.516
201603 4.462 101.054 5.631
201606 4.630 102.002 5.788
201609 4.720 101.765 5.915
201612 4.736 101.449 5.953
201703 4.811 102.634 5.978
201706 4.898 103.029 6.062
201709 4.965 103.345 6.127
201712 5.074 103.345 6.261
201803 5.128 105.004 6.228
201806 5.186 105.557 6.265
201809 5.190 105.636 6.265
201812 5.193 105.399 6.283
201903 5.228 106.979 6.232
201906 5.318 107.690 6.297
201909 5.333 107.611 6.320
201912 5.385 107.769 6.372
202003 5.897 107.927 6.968
202006 6.126 108.401 7.207
202009 6.572 108.164 7.748
202012 7.231 108.559 8.494
202103 7.421 110.298 8.580
202106 8.031 111.720 9.167
202109 8.220 112.905 9.284
202112 8.711 113.774 9.764
202203 8.954 117.646 9.706
202206 8.986 120.806 9.486
202209 6.864 120.648 7.255
202212 7.271 120.964 7.665
202303 7.263 122.702 7.548
202306 7.096 124.203 7.286
202309 6.851 125.230 6.976
202312 5.487 125.072 5.594
202403 5.262 126.258 5.315
202406 4.893 127.522 4.893

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.


AirBoss of America  (OTCPK:ABSSF) 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.


AirBoss of America Cyclically Adjusted PB Ratio Related Terms

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


AirBoss of America Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive, and industrial markets. It operates in three segments, 1) The AirBoss Rubber Solutions includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The AirBoss Manufactured Products include the manufacture and distribution of anti-noise, vibration, and harshness dampening parts and personal protection and safety products, primarily for CBRN-E threats. 3) The Unallocated Corporate Costs Include corporate activities and certain unallocated costs. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.