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AB Spolka Akcyjna (WAR:ABE) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 07, 2024)


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What is AB Spolka Akcyjna Cyclically Adjusted PB Ratio?

As of today (2024-06-07), AB Spolka Akcyjna's current share price is zł100.00. AB Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł67.28. AB Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 1.49.

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

WAR:ABE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.86   Max: 1.68
Current: 1.49

During the past years, AB Spolka Akcyjna's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.42. And the median was 0.86.

WAR:ABE's Cyclically Adjusted PB Ratio is ranked better than
56.68% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs WAR:ABE: 1.49

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.

AB Spolka Akcyjna's adjusted book value per share data for the three months ended in Mar. 2024 was zł83.616. 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 zł67.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AB Spolka Akcyjna Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AB Spolka Akcyjna'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.

AB Spolka Akcyjna Cyclically Adjusted PB Ratio Chart

AB Spolka Akcyjna Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.75 1.32 0.88 0.99

AB Spolka Akcyjna 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 0.83 0.99 0.97 1.14 1.29

Competitive Comparison of AB Spolka Akcyjna's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, AB Spolka Akcyjna'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.


AB Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AB Spolka Akcyjna's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AB Spolka Akcyjna 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.

AB Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.00/67.28
=1.49

* 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.

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

For example, AB Spolka Akcyjna'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)
=83.616/149.0435*149.0435
=83.616

Current CPI (Mar. 2024) = 149.0435.

AB Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201406 28.657 101.180 42.213
201409 29.442 100.611 43.615
201412 30.291 100.122 45.092
201503 30.867 100.041 45.987
201506 32.112 100.448 47.648
201509 33.082 99.634 49.488
201512 34.272 99.471 51.352
201603 35.367 98.983 53.254
201606 36.103 99.552 54.051
201609 36.989 99.064 55.651
201612 38.857 100.366 57.702
201703 39.530 101.018 58.323
201706 41.004 101.180 60.401
201709 41.768 101.343 61.427
201712 43.537 102.564 63.267
201803 44.154 102.564 64.163
201806 44.406 103.378 64.022
201809 45.596 103.378 65.737
201812 47.215 103.785 67.804
201903 47.639 104.274 68.093
201906 48.815 105.983 68.648
201909 49.301 105.983 69.332
201912 51.239 107.123 71.291
202003 50.058 109.076 68.400
202006 52.669 109.402 71.754
202009 53.317 109.320 72.691
202012 57.636 109.565 78.404
202103 59.246 112.658 78.381
202106 61.484 113.960 80.412
202109 63.144 115.588 81.420
202112 67.495 119.088 84.473
202203 70.109 125.031 83.574
202206 70.945 131.705 80.284
202209 73.462 135.531 80.786
202212 78.282 139.113 83.870
202303 81.360 145.950 83.084
202306 81.094 147.009 82.217
202309 82.056 146.113 83.702
202312 84.748 147.741 85.495
202403 83.616 149.044 83.616

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.


AB Spolka Akcyjna  (WAR:ABE) 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.


AB Spolka Akcyjna Cyclically Adjusted PB Ratio Related Terms

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


AB Spolka Akcyjna (WAR:ABE) Business Description

Industry
Traded in Other Exchanges
Address
UL. Europejska 4, 55-040 Magnice, Wroclaw, POL, 55-040
AB Spolka Akcyjna is a Poland-based company that operates as a distributor of IT and consumer electronics. The company distributes consumer electronics and equipment connected with mobile telephony, expands its portfolio of products. The group also trades in household appliances, toys, telephone products, and digital terrestrial televisions; and provides cloud computing solutions and other services, and logistics services. In addition, it manufactures personal computers; and engages in retail trade activities. Geographically its business presence can be seen in the region of Poland, the Czech Republic, and Slovakia.