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Csepel (LTS:0R75) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is Csepel Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Csepel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Csepel'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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Csepel Cyclically Adjusted PB Ratio Chart

Csepel Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Csepel Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Csepel's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Csepel'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.


Csepel's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Csepel 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.

Csepel's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Csepel's adjusted Book Value per Share data for the fiscal year that ended in Dec19 was:

Adj_Book=Book Value per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=-88.473/110.6588*110.6588
=-88.473

Current CPI (Dec19) = 110.6588.

Csepel Annual Data

Book Value per Share CPI Adj_Book
201012 142.820 90.896 173.873
201112 143.371 94.597 167.715
201212 175.332 99.334 195.322
201312 40.081 99.704 44.485
201412 -0.919 98.816 -1.029
201512 84.297 99.704 93.559
201612 -25.826 101.406 -28.182
201712 -152.045 103.627 -162.362
201812 -94.713 106.440 -98.467
201912 -88.473 110.659 -88.473

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.


Csepel  (LTS:0R75) 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.


Csepel Cyclically Adjusted PB Ratio Related Terms

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Csepel (LTS:0R75) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Varrogepgyar u. 1., Budapest, HUN, 1211
Csepel operates in the diversified industrials in Hungary. The company is engaged in industrial machinery and equipment manufacturing.

Csepel (LTS:0R75) Headlines

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