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Standrew (WAR:STD) Cyclically Adjusted PB Ratio : 3.37 (As of Jun. 10, 2024)


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What is Standrew Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Standrew's current share price is zł15.00. Standrew's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł4.45. Standrew's Cyclically Adjusted PB Ratio for today is 3.37.

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

WAR:STD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.52   Med: 3.24   Max: 4.6
Current: 3.37

During the past years, Standrew's highest Cyclically Adjusted PB Ratio was 4.60. The lowest was 2.52. And the median was 3.24.

WAR:STD's Cyclically Adjusted PB Ratio is ranked worse than
89.96% of 249 companies
in the Forest Products industry
Industry Median: 0.91 vs WAR:STD: 3.37

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.

Standrew's adjusted book value per share data for the three months ended in Mar. 2024 was zł4.825. 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 zł4.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standrew Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Standrew'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.

Standrew Cyclically Adjusted PB Ratio Chart

Standrew Annual Data
Trend Dec11 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Standrew Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 4.60 3.20 3.10 3.26

Competitive Comparison of Standrew's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Standrew'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.


Standrew's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Standrew's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Standrew 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.

Standrew's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.00/4.45
=3.37

* 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.

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

For example, Standrew'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)
=4.825/149.0435*149.0435
=4.825

Current CPI (Mar. 2024) = 149.0435.

Standrew Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.701 101.262 2.504
201406 1.819 101.180 2.679
201409 1.931 100.611 2.861
201412 2.009 100.122 2.991
201503 2.091 100.041 3.115
201506 2.279 100.448 3.382
201509 2.403 99.634 3.595
201512 2.511 99.471 3.762
201603 2.591 98.983 3.901
201606 2.721 99.552 4.074
201609 2.843 99.064 4.277
201612 2.867 100.366 4.257
201703 2.923 101.018 4.313
201706 3.000 101.180 4.419
201709 3.048 101.343 4.483
201712 3.105 102.564 4.512
201803 3.212 102.564 4.668
201806 3.409 103.378 4.915
201809 3.491 103.378 5.033
201812 3.187 103.785 4.577
201903 3.281 104.274 4.690
201906 3.368 105.983 4.736
201909 3.440 105.983 4.838
201912 3.446 107.123 4.795
202003 3.513 109.076 4.800
202006 3.503 109.402 4.772
202009 3.527 109.320 4.809
202012 3.656 109.565 4.973
202103 3.716 112.658 4.916
202106 4.070 113.960 5.323
202109 4.080 115.588 5.261
202112 4.228 119.088 5.292
202203 4.482 125.031 5.343
202206 4.636 131.705 5.246
202209 5.006 135.531 5.505
202212 4.689 139.113 5.024
202303 4.772 145.950 4.873
202306 4.786 147.009 4.852
202309 4.811 146.113 4.907
202403 4.825 149.044 4.825

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.


Standrew  (WAR:STD) 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.


Standrew Cyclically Adjusted PB Ratio Related Terms

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


Standrew (WAR:STD) Business Description

Traded in Other Exchanges
N/A
Address
Huta Szklana 83, Krzyz Wielkopolski, POL, 64-761
Standrew SA is engaged in the production of wood products. The company's products include edged lumber and boules, fresh, dried, planed, structural elements, glued, the floorboards and skirting boards.

Standrew (WAR:STD) Headlines

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