GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rainbow Tours SA (WAR:RBW) » Definitions » Cyclically Adjusted PB Ratio

Rainbow Tours (WAR:RBW) Cyclically Adjusted PB Ratio : 10.91 (As of May. 22, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Rainbow Tours Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Rainbow Tours's current share price is zł106.00. Rainbow Tours's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł9.72. Rainbow Tours's Cyclically Adjusted PB Ratio for today is 10.91.

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

WAR:RBW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.02   Max: 11.56
Current: 11.55

During the past years, Rainbow Tours's highest Cyclically Adjusted PB Ratio was 11.56. The lowest was 1.48. And the median was 4.02.

WAR:RBW's Cyclically Adjusted PB Ratio is ranked worse than
95.29% of 595 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs WAR:RBW: 11.55

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.

Rainbow Tours's adjusted book value per share data for the three months ended in Dec. 2023 was zł14.219. 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 zł9.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rainbow Tours Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rainbow Tours'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.

Rainbow Tours Cyclically Adjusted PB Ratio Chart

Rainbow Tours 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 6.53 4.02 3.55 2.27 6.28

Rainbow Tours 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 2.27 3.21 4.50 4.01 6.28

Competitive Comparison of Rainbow Tours's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Rainbow Tours'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.


Rainbow Tours's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rainbow Tours's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rainbow Tours 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.

Rainbow Tours's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.00/9.72
=10.91

* 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.

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

For example, Rainbow Tours'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)
=14.219/147.7411*147.7411
=14.219

Current CPI (Dec. 2023) = 147.7411.

Rainbow Tours Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.563 101.262 5.198
201406 3.709 101.180 5.416
201409 5.599 100.611 8.222
201412 3.967 100.122 5.854
201503 5.441 100.041 8.035
201506 5.183 100.448 7.623
201509 7.010 99.634 10.395
201512 5.347 99.471 7.942
201603 6.719 98.983 10.029
201606 4.949 99.552 7.345
201609 6.389 99.064 9.528
201612 6.248 100.366 9.197
201703 6.058 101.018 8.860
201706 5.108 101.180 7.459
201709 8.105 101.343 11.816
201712 7.239 102.564 10.428
201803 7.686 102.564 11.071
201806 7.032 103.378 10.050
201809 7.601 103.378 10.863
201812 7.269 103.785 10.348
201903 7.520 104.274 10.655
201906 7.442 105.983 10.374
201909 10.508 105.983 14.648
201912 8.843 107.123 12.196
202003 9.324 109.076 12.629
202006 8.070 109.402 10.898
202009 8.176 109.320 11.049
202012 6.378 109.565 8.600
202103 5.922 112.658 7.766
202106 5.230 113.960 6.780
202109 8.804 115.588 11.253
202112 7.437 119.088 9.226
202203 7.112 125.031 8.404
202206 6.758 131.705 7.581
202209 10.559 135.531 11.510
202212 7.694 139.113 8.171
202303 8.872 145.950 8.981
202306 9.923 147.009 9.972
202309 17.909 146.113 18.109
202312 14.219 147.741 14.219

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.


Rainbow Tours  (WAR:RBW) 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.


Rainbow Tours Cyclically Adjusted PB Ratio Related Terms

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


Rainbow Tours (WAR:RBW) Business Description

Traded in Other Exchanges
N/A
Address
ul: Piotrkowska 270, Lodz, POL, 90-361
Website
Rainbow Tours SA is a Poland-based tour operator which provides a range of tour options, including city tours, long-distance airplane trips, package holidays, last minute and last second trips, to various destinations worldwide. The company also offers online flight ticket reservation services.

Rainbow Tours (WAR:RBW) Headlines

No Headlines