ESG Emirates Stallions Group PJSC (ADX:ESG) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)

ESG Emirates Stallions Group PJSC Cyclically Adjusted PB Ratio Chart

ESG Emirates Stallions Group PJSC Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
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Competitive Comparison of ESG Emirates Stallions Group PJSC's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, ESG Emirates Stallions Group PJSC'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.

ESG Emirates Stallions Group PJSC's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ESG Emirates Stallions Group PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ESG Emirates Stallions Group PJSC's Cyclically Adjusted PB Ratio falls into.

ESG Emirates Stallions Group PJSC 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.

ESG Emirates Stallions Group PJSC does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

ESG Emirates Stallions Group PJSC  (ADX:ESG) 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.

ESG Emirates Stallions Group PJSC Cyclically Adjusted PB Ratio Related Terms

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ESG Emirates Stallions Group PJSC (ADX:ESG) Business Description