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Piraeus Port Authority (LTS:0FHO) Cyclically Adjusted PB Ratio : 2.22 (As of Jun. 05, 2024)


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What is Piraeus Port Authority Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Piraeus Port Authority's current share price is €23.10. Piraeus Port Authority's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €10.39. Piraeus Port Authority's Cyclically Adjusted PB Ratio for today is 2.22.

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

LTS:0FHO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 2.35   Max: 3.66
Current: 2.42

During the past 13 years, Piraeus Port Authority's highest Cyclically Adjusted PB Ratio was 3.66. The lowest was 1.58. And the median was 2.35.

LTS:0FHO's Cyclically Adjusted PB Ratio is ranked worse than
76.63% of 719 companies
in the Transportation industry
Industry Median: 1.26 vs LTS:0FHO: 2.42

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.

Piraeus Port Authority's adjusted book value per share data of for the fiscal year that ended in Dec23 was €14.203. 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 €10.39 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piraeus Port Authority Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Piraeus Port Authority'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.

Piraeus Port Authority Cyclically Adjusted PB Ratio Chart

Piraeus Port Authority 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 3.05 2.63 2.08 1.68 2.22

Piraeus Port Authority Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.08 - 1.68 - 2.22

Competitive Comparison of Piraeus Port Authority's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Piraeus Port Authority'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.


Piraeus Port Authority's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Piraeus Port Authority's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Piraeus Port Authority 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.

Piraeus Port Authority's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.10/10.39
=2.22

* 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.

Piraeus Port Authority's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Piraeus Port Authority's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=14.203/116.3641*116.3641
=14.203

Current CPI (Dec23) = 116.3641.

Piraeus Port Authority Annual Data

Book Value per Share CPI Adj_Book
201412 6.743 100.254 7.827
201512 6.973 100.087 8.107
201612 7.104 100.110 8.257
201712 7.436 100.762 8.587
201812 8.358 101.330 9.598
201912 9.464 102.120 10.784
202012 9.977 99.751 11.639
202112 11.047 104.853 12.260
202212 12.580 112.428 13.020
202312 14.203 116.364 14.203

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.


Piraeus Port Authority  (LTS:0FHO) 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.


Piraeus Port Authority Cyclically Adjusted PB Ratio Related Terms

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


Piraeus Port Authority (LTS:0FHO) Business Description

Traded in Other Exchanges
Address
10 Akti Miaouli street, Piraeus, GRC, 18538
Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.

Piraeus Port Authority (LTS:0FHO) Headlines

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