GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Grupa Azoty Zaklady Azotowe Pulawy SA (WAR:ZAP) » Definitions » Cyclically Adjusted PB Ratio

Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Cyclically Adjusted PB Ratio : 0.25 (As of Jun. 04, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Grupa Azoty Zaklady Azotowe Pulawy Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Grupa Azoty Zaklady Azotowe Pulawy's current share price is zł58.80. Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł234.87. Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio for today is 0.25.

The historical rank and industry rank for Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:ZAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.47   Max: 0.83
Current: 0.25

During the past years, Grupa Azoty Zaklady Azotowe Pulawy's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.24. And the median was 0.47.

WAR:ZAP's Cyclically Adjusted PB Ratio is ranked better than
97.44% of 1173 companies
in the Chemicals industry
Industry Median: 1.7 vs WAR:ZAP: 0.25

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.

Grupa Azoty Zaklady Azotowe Pulawy's adjusted book value per share data for the three months ended in Mar. 2024 was zł167.002. 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 zł234.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupa Azoty Zaklady Azotowe Pulawy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupa Azoty Zaklady Azotowe Pulawy'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.

Grupa Azoty Zaklady Azotowe Pulawy Cyclically Adjusted PB Ratio Chart

Grupa Azoty Zaklady Azotowe Pulawy Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.58 0.53 0.43 0.33

Grupa Azoty Zaklady Azotowe Pulawy 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 0.33 0.34 0.32 0.31 0.25

Competitive Comparison of Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Grupa Azoty Zaklady Azotowe Pulawy'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.


Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio falls into.



Grupa Azoty Zaklady Azotowe Pulawy 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.

Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.80/234.87
=0.25

* 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.

Grupa Azoty Zaklady Azotowe Pulawy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupa Azoty Zaklady Azotowe Pulawy'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)
=167.002/149.0435*149.0435
=167.002

Current CPI (Mar. 2024) = 149.0435.

Grupa Azoty Zaklady Azotowe Pulawy Quarterly Data

Book Value per Share CPI Adj_Book
201312 130.567 101.018 192.641
201403 135.719 101.262 199.760
201406 139.262 101.180 205.140
201409 139.384 100.611 206.482
201503 151.144 100.041 225.179
201506 149.267 100.448 221.481
201509 152.644 99.634 228.342
201512 158.684 99.471 237.766
201603 167.122 98.983 251.645
201606 160.086 99.552 239.671
201609 160.919 99.064 242.106
201612 165.634 100.366 245.966
201703 169.434 101.018 249.987
201706 162.175 101.180 238.892
201709 163.733 101.343 240.799
201712 169.425 102.564 246.204
201803 171.707 102.564 249.520
201806 167.233 103.378 241.105
201809 165.360 103.378 238.405
201812 167.924 103.785 241.152
201903 176.721 104.274 252.596
201906 178.961 105.983 251.672
201909 180.898 105.983 254.396
201912 181.571 107.123 252.626
202003 187.420 109.076 256.094
202006 183.228 109.402 249.621
202009 184.720 109.320 251.841
202012 187.143 109.565 254.576
202103 188.890 112.658 249.897
202106 191.587 113.960 250.568
202109 190.272 115.588 245.344
202112 198.726 119.088 248.713
202203 222.568 125.031 265.314
202206 236.812 131.705 267.987
202209 234.210 135.531 257.561
202212 207.261 139.113 222.057
202303 192.496 145.950 196.576
202306 179.478 147.009 181.962
202309 172.656 146.113 176.119
202403 167.002 149.044 167.002

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.


Grupa Azoty Zaklady Azotowe Pulawy  (WAR:ZAP) 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.


Grupa Azoty Zaklady Azotowe Pulawy Cyclically Adjusted PB Ratio Related Terms

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


Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Business Description

Traded in Other Exchanges
Address
Al. Tysiaclecia Panstwa Polskiego 13, Pulawy, POL, 24-110
Grupa Azoty Zaklady Azotowe Pulawy SA is a manufacturer and supplier of mineral fertilizers, basic chemicals and also involved in the procurement of raw materials and consumables. The company's segment includes Agro; Plastics; Energy and Other Activities. It generates maximum revenue from the Agro segment. The Agro Segment comprises the manufacturing of ammonia and products derived from the processing of ammonia, in particular urea and its solutions, including urea-ammonium nitrate solution, melamine, nitric acid, ammonium nitrate, technical gases, hydrogen peroxide, as well as phosphorus, potassium and blended fertilizers.

Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Headlines

No Headlines