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Paragon GmbH KGaA (STU:PGN) Cyclically Adjusted PB Ratio : 0.41 (As of May. 17, 2024)


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What is Paragon GmbH KGaA Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Paragon GmbH KGaA's current share price is €3.36. Paragon GmbH KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.12. Paragon GmbH KGaA's Cyclically Adjusted PB Ratio for today is 0.41.

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

STU:PGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.16   Max: 15.48
Current: 0.41

During the past years, Paragon GmbH KGaA's highest Cyclically Adjusted PB Ratio was 15.48. The lowest was 0.26. And the median was 1.16.

STU:PGN's Cyclically Adjusted PB Ratio is ranked better than
86.3% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs STU:PGN: 0.41

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.

Paragon GmbH KGaA's adjusted book value per share data for the three months ended in Mar. 2024 was €-1.008. 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 €8.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paragon GmbH KGaA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Paragon GmbH KGaA'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.

Paragon GmbH KGaA Cyclically Adjusted PB Ratio Chart

Paragon GmbH KGaA 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 1.80 1.18 0.84 0.49 0.44

Paragon GmbH KGaA 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 0.58 0.66 0.55 0.44 0.38

Competitive Comparison of Paragon GmbH KGaA's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Paragon GmbH KGaA'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.


Paragon GmbH KGaA's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Paragon GmbH KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Paragon GmbH KGaA 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.

Paragon GmbH KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.36/8.12
=0.41

* 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.

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

For example, Paragon GmbH KGaA'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)
=-1.008/125.0381*125.0381
=-1.008

Current CPI (Mar. 2024) = 125.0381.

Paragon GmbH KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.701 99.543 4.649
201409 3.643 99.823 4.563
201412 4.180 99.543 5.251
201503 4.324 99.717 5.422
201506 4.353 100.417 5.420
201509 4.349 100.417 5.415
201512 4.715 99.717 5.912
201603 4.781 100.017 5.977
201606 4.637 100.717 5.757
201609 4.648 101.017 5.753
201612 7.661 101.217 9.464
201703 7.699 101.417 9.492
201706 7.664 102.117 9.384
201709 7.742 102.717 9.424
201712 25.377 102.617 30.922
201803 26.295 102.917 31.947
201806 26.342 104.017 31.665
201809 26.406 104.718 31.530
201812 25.606 104.217 30.722
201903 26.156 104.217 31.381
201906 23.818 105.718 28.171
201909 22.684 106.018 26.754
201912 7.036 105.818 8.314
202003 -5.024 105.718 -5.942
202006 3.547 106.618 4.160
202009 1.432 105.818 1.692
202012 1.644 105.518 1.948
202103 1.585 107.518 1.843
202106 1.183 108.486 1.363
202109 -0.093 109.435 -0.106
202112 0.729 110.384 0.826
202203 0.603 113.968 0.662
202206 0.120 115.760 0.130
202209 -0.376 118.818 -0.396
202212 -0.036 119.345 -0.038
202303 -1.001 122.402 -1.023
202306 0.463 123.140 0.470
202309 1.091 124.195 1.098
202312 -0.902 123.773 -0.911
202403 -1.008 125.038 -1.008

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.


Paragon GmbH KGaA  (STU:PGN) 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.


Paragon GmbH KGaA Cyclically Adjusted PB Ratio Related Terms

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Paragon GmbH KGaA (STU:PGN) Business Description

Traded in Other Exchanges
Address
Bosendamm 11, Delbruck, DEU, 33129
Paragon GmbH & Co KGaA develops and manufactures electronic components and sensors for the automotive industry. The business activity of the firm is operated in two segments namely Electronics and Mechanics. The Electronics segment that derives the majority of revenue sells air-quality sensors, high-end acoustic systems, and display instruments. The Mechanics segment focuses on adjustable body components such as adaptively extendable spoilers. Geographically all the activity of the firm functions through Germany, however, it also holds a presence at the international level.

Paragon GmbH KGaA (STU:PGN) Headlines

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