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Proton Motor Power Systems (LSE:PPS) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Proton Motor Power Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Proton Motor Power Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Proton Motor Power Systems'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.

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Proton Motor Power Systems Cyclically Adjusted PB Ratio Chart

Proton Motor Power Systems Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Proton Motor Power Systems Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Proton Motor Power Systems's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Proton Motor Power Systems'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.


Proton Motor Power Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proton Motor Power Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Proton Motor Power Systems's Cyclically Adjusted PB Ratio falls into.



Proton Motor Power Systems 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.

Proton Motor Power Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Proton Motor Power Systems's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.064/125.3000*125.3000
=-0.064

Current CPI (Dec22) = 125.3000.

Proton Motor Power Systems Annual Data

Book Value per Share CPI Adj_Book
201312 -0.010 99.200 -0.013
201412 -0.018 99.900 -0.023
201512 -0.025 100.400 -0.031
201612 -0.040 102.200 -0.049
201712 -0.050 105.000 -0.060
201812 -0.073 107.100 -0.085
201912 -0.214 108.500 -0.247
202012 -0.470 109.400 -0.538
202112 -0.053 114.700 -0.058
202212 -0.064 125.300 -0.064

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.


Proton Motor Power Systems  (LSE:PPS) 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.


Proton Motor Power Systems Cyclically Adjusted PB Ratio Related Terms

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Proton Motor Power Systems (LSE:PPS) Business Description

Traded in Other Exchanges
Address
C/o Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, GBR, SE1 2AU
Proton Motor Power Systems PLC and its subsidiaries are manufacturers of hydrogen fuel cells and fuel cell systems for mobile, maritime and stationary applications. It offers OEM fuel cell systems products, power supplies, and solar battery storage products. The company is organized into only the principal operating division, Green Energy. Its primary geographic markets are Germany, Europe, and the rest of the world of which Europe generates the majority of its revenue.

Proton Motor Power Systems (LSE:PPS) Headlines

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