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Orzel (WAR:ORL) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Orzel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Orzel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orzel'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.

Orzel Cyclically Adjusted PB Ratio Chart

Orzel 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 2.48 7.06 17.63 33.99 -

Orzel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 33.99 39.66 53.55 - -

Competitive Comparison of Orzel's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Orzel'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.


Orzel's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Orzel 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.

Orzel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Orzel's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.152/147.7411*147.7411
=1.152

Current CPI (Dec. 2023) = 147.7411.

Orzel Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.446 101.262 0.651
201406 0.315 101.180 0.460
201409 0.209 100.611 0.307
201412 -0.101 100.122 -0.149
201503 -0.135 100.041 -0.199
201506 -0.151 100.448 -0.222
201509 -0.152 99.634 -0.225
201512 -0.342 99.471 -0.508
201603 -0.353 98.983 -0.527
201606 -0.295 99.552 -0.438
201609 -0.345 99.064 -0.515
201612 -0.513 100.366 -0.755
201703 -0.555 101.018 -0.812
201706 -0.587 101.180 -0.857
201709 -0.608 101.343 -0.886
201712 -0.664 102.564 -0.956
201803 -0.680 102.564 -0.980
201806 -0.611 103.378 -0.873
201809 -0.547 103.378 -0.782
201812 -0.546 103.785 -0.777
201903 -0.542 104.274 -0.768
201906 -0.442 105.983 -0.616
201909 -0.342 105.983 -0.477
201912 -0.319 107.123 -0.440
202003 -0.278 109.076 -0.377
202006 0.120 109.402 0.162
202009 0.116 109.320 0.157
202012 0.141 109.565 0.190
202103 0.170 112.658 0.223
202106 0.259 113.960 0.336
202109 0.312 115.588 0.399
202112 0.703 119.088 0.872
202203 0.800 125.031 0.945
202206 0.815 131.705 0.914
202209 0.849 135.531 0.925
202212 0.941 139.113 0.999
202303 0.977 145.950 0.989
202306 1.036 147.009 1.041
202309 1.092 146.113 1.104
202312 1.152 147.741 1.152

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.


Orzel  (WAR:ORL) 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.


Orzel Cyclically Adjusted PB Ratio Related Terms

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Orzel (WAR:ORL) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Przemys?owa 50, Poniatowa, POL, 24-320
Orzel SA is engaged in the production of rubber granulate, resulting in the recycling process of used tires in Poland. The company provides new and remanufactured tires for various types of vehicles, including cars, SUVs and vans.

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