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Plasma System (WAR:PSM) Cyclically Adjusted PB Ratio : 0.02 (As of May. 23, 2024)


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What is Plasma System Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Plasma System's current share price is zł0.16. Plasma System's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was zł9.71. Plasma System's Cyclically Adjusted PB Ratio for today is 0.02.

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

WAR:PSM's Cyclically Adjusted PB Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.665
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Plasma System's adjusted book value per share data for the three months ended in Sep. 2022 was zł-1.165. 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 zł9.71 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plasma System Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plasma System'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.

Plasma System Cyclically Adjusted PB Ratio Chart

Plasma System Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.03

Plasma System Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.04 0.03 0.05 0.06 0.08

Competitive Comparison of Plasma System's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Plasma System'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.


Plasma System's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Plasma System's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Plasma System 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.

Plasma System's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.16/9.71
=0.02

* 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.

Plasma System's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Plasma System's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-1.165/135.5311*135.5311
=-1.165

Current CPI (Sep. 2022) = 135.5311.

Plasma System Quarterly Data

Book Value per Share CPI Adj_Book
201212 9.501 100.285 12.840
201303 10.112 100.529 13.633
201306 11.641 100.855 15.643
201309 12.091 100.936 16.235
201312 12.286 101.018 16.484
201403 12.694 101.262 16.990
201406 12.948 101.180 17.344
201409 13.611 100.611 18.335
201412 13.868 100.122 18.773
201503 14.030 100.041 19.007
201506 14.225 100.448 19.193
201509 14.385 99.634 19.568
201512 14.949 99.471 20.368
201603 14.194 98.983 19.435
201606 13.803 99.552 18.791
201609 12.851 99.064 17.582
201612 11.776 100.366 15.902
201703 11.202 101.018 15.029
201706 10.454 101.180 14.003
201709 9.348 101.343 12.502
201712 9.332 102.564 12.332
201803 9.159 102.564 12.103
201806 4.310 103.378 5.651
201809 3.762 103.378 4.932
201812 3.273 103.785 4.274
201903 2.782 104.274 3.616
201906 2.455 105.983 3.139
201909 2.035 105.983 2.602
201912 1.207 107.123 1.527
202003 1.402 109.076 1.742
202006 0.838 109.402 1.038
202009 0.635 109.320 0.787
202012 0.346 109.565 0.428
202103 0.283 112.658 0.340
202106 -0.007 113.960 -0.008
202109 -0.156 115.588 -0.183
202112 -0.546 119.088 -0.621
202203 -0.818 125.031 -0.887
202206 -1.016 131.705 -1.046
202209 -1.165 135.531 -1.165

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.


Plasma System  (WAR:PSM) 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.


Plasma System Cyclically Adjusted PB Ratio Related Terms

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


Plasma System (WAR:PSM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Towarowa 14, Siemianowice Slaskie, POL, 41-103
Plasma System SA is a surface engineering company. It is engaged in the development of coating and thermal spraying technologies. The company offers various services in the field of flame, arc, plasma, and laser coating methods. It serves power generation, metallurgy, mining, rail transport, machinery and other industries.

Plasma System (WAR:PSM) Headlines