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Eurocash (Eurocash) Cyclically Adjusted PB Ratio : 1.56 (As of May. 18, 2024)


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What is Eurocash Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Eurocash's current share price is $3.50. Eurocash's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.24. Eurocash's Cyclically Adjusted PB Ratio for today is 1.56.

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

EUSHY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.16   Max: 7.4
Current: 1.59

During the past years, Eurocash's highest Cyclically Adjusted PB Ratio was 7.40. The lowest was 1.23. And the median was 2.16.

EUSHY's Cyclically Adjusted PB Ratio is ranked better than
50% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.575 vs EUSHY: 1.59

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.

Eurocash's adjusted book value per share data for the three months ended in Mar. 2024 was $1.327. 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 $2.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eurocash Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eurocash'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.

Eurocash Cyclically Adjusted PB Ratio Chart

Eurocash 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 3.50 2.11 1.48 1.62 1.93

Eurocash 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 2.13 1.96 1.61 1.93 1.66

Competitive Comparison of Eurocash's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Eurocash'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.


Eurocash's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Eurocash's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eurocash 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.

Eurocash's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.50/2.24
=1.56

* 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.

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

For example, Eurocash'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)
=1.327/149.0435*149.0435
=1.327

Current CPI (Mar. 2024) = 149.0435.

Eurocash Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.526 101.180 2.248
201409 1.632 100.611 2.418
201412 1.833 100.122 2.729
201503 1.838 100.041 2.738
201506 1.720 100.448 2.552
201509 1.846 99.634 2.761
201512 2.022 99.471 3.030
201603 2.041 98.983 3.073
201606 1.810 99.552 2.710
201609 1.920 99.064 2.889
201612 1.991 100.366 2.957
201703 1.966 101.018 2.901
201706 1.663 101.180 2.450
201709 1.728 101.343 2.541
201712 1.771 102.564 2.574
201803 1.741 102.564 2.530
201806 1.617 103.378 2.331
201809 1.694 103.378 2.442
201812 1.787 103.785 2.566
201903 1.737 104.274 2.483
201906 1.544 105.983 2.171
201909 1.573 105.983 2.212
201912 1.644 107.123 2.287
202003 1.478 109.076 2.020
202006 1.565 109.402 2.132
202009 1.648 109.320 2.247
202012 1.680 109.565 2.285
202103 1.600 112.658 2.117
202106 1.252 113.960 1.637
202109 1.297 115.588 1.672
202112 1.282 119.088 1.604
202203 1.187 125.031 1.415
202206 1.190 131.705 1.347
202209 1.265 135.531 1.391
202212 1.302 139.113 1.395
202303 1.328 145.950 1.356
202306 1.282 147.009 1.300
202309 1.313 146.113 1.339
202312 1.466 147.741 1.479
202403 1.327 149.044 1.327

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.


Eurocash  (OTCPK:EUSHY) 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.


Eurocash Cyclically Adjusted PB Ratio Related Terms

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


Eurocash (Eurocash) Business Description

Traded in Other Exchanges
Address
Ul. Wisniowa 11, Komorniki, POL, 62-052
Eurocash SA is a Poland-based company that is principally engaged in distributing fast-moving consumer goods, including food, beverages, household chemicals, tobacco, and other products. The company is mainly involved in wholesale distribution to a broad range of customers, such as small supermarkets, grocery stores, convenience stores, restaurants, hotels and others. The company operates through three core business formats: cash and carry, a nationwide network of discount type warehouses under the brand Eurocash Cash and Carry; franchise systems, which operate under the brand of Delikatesy Centrum; and a distribution business, including Eurocash Distribution, Eurocash Gastronomia (Food Services), Eurocash Alcohols, and Eurocash Servis. The company operates throughout Poland.

Eurocash (Eurocash) Headlines

From GuruFocus

Eurocash Is Proving Great Growth

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