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Linz Textil Holding AG (WBO:LTH) Cyclically Adjusted PB Ratio : 0.57 (As of May. 26, 2024)


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What is Linz Textil Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Linz Textil Holding AG's current share price is €188.00. Linz Textil Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €329.06. Linz Textil Holding AG's Cyclically Adjusted PB Ratio for today is 0.57.

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

WBO:LTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.88   Max: 1.29
Current: 0.57

During the past 13 years, Linz Textil Holding AG's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.53. And the median was 0.88.

WBO:LTH's Cyclically Adjusted PB Ratio is ranked better than
73.21% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.045 vs WBO:LTH: 0.57

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.

Linz Textil Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was €254.857. 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 €329.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linz Textil Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Linz Textil Holding AG'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.

Linz Textil Holding AG Cyclically Adjusted PB Ratio Chart

Linz Textil Holding AG 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 0.85 0.78 0.96 0.72 0.53

Linz Textil Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.96 - 0.72 - 0.53

Competitive Comparison of Linz Textil Holding AG's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Linz Textil Holding AG'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.


Linz Textil Holding AG's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Linz Textil Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Linz Textil Holding AG's Cyclically Adjusted PB Ratio falls into.



Linz Textil Holding AG 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.

Linz Textil Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=188.00/329.06
=0.57

* 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.

Linz Textil Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Linz Textil Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=254.857/132.5695*132.5695
=254.857

Current CPI (Dec23) = 132.5695.

Linz Textil Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 325.917 99.676 433.470
201512 288.280 100.692 379.546
201612 293.177 102.092 380.701
201712 257.150 104.291 326.875
201812 236.753 106.291 295.286
201912 271.480 108.091 332.960
202012 261.660 109.321 317.305
202112 264.013 113.971 307.097
202212 248.613 125.541 262.532
202312 254.857 132.570 254.857

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.


Linz Textil Holding AG  (WBO:LTH) 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.


Linz Textil Holding AG Cyclically Adjusted PB Ratio Related Terms

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Linz Textil Holding AG (WBO:LTH) Business Description

Traded in Other Exchanges
N/A
Address
Wiener Strasse 435, Linz, AUT, A-4030
Linz Textil Holding AG is an Austria based company, engages in the manufacture, and sale of textile products. It operates through the Textile Semis and Finished Textile Products business segments. The Textile Semis segment comprises of the yard and grey fabrics. The Finished Textile Products offers yarns, technical fabrics, home textiles, and clothing fabrics. It offers products in the fields of textile, weaving, technical fabrics, and yarns.