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GEA (Grenobloise d'Electronique et d'Automatismes) (XPAR:GEA) Cyclically Adjusted PB Ratio : 1.14 (As of May. 26, 2024)


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What is GEA (Grenobloise d'Electronique et d'Automatismes) Cyclically Adjusted PB Ratio?

As of today (2024-05-26), GEA (Grenobloise d'Electronique et d'Automatismes)'s current share price is €81.50. GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was €71.69. GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio for today is 1.14.

The historical rank and industry rank for GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

XPAR:GEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.72   Max: 2.36
Current: 1.14

During the past 13 years, GEA (Grenobloise d'Electronique et d'Automatismes)'s highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 1.04. And the median was 1.72.

XPAR:GEA's Cyclically Adjusted PB Ratio is ranked better than
69.36% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs XPAR:GEA: 1.14

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.

GEA (Grenobloise d'Electronique et d'Automatismes)'s adjusted book value per share data of for the fiscal year that ended in Sep23 was €66.086. 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 €71.69 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GEA (Grenobloise d'Electronique et d'Automatismes) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GEA (Grenobloise d'Electronique et d'Automatismes)'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.

GEA (Grenobloise d'Electronique et d'Automatismes) Cyclically Adjusted PB Ratio Chart

GEA (Grenobloise d'Electronique et d'Automatismes) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.93 1.74 1.18 1.37

GEA (Grenobloise d'Electronique et d'Automatismes) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.74 - 1.18 - 1.37

Competitive Comparison of GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, GEA (Grenobloise d'Electronique et d'Automatismes)'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.


GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio falls into.



GEA (Grenobloise d'Electronique et d'Automatismes) 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.

GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.50/71.69
=1.14

* 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.

GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, GEA (Grenobloise d'Electronique et d'Automatismes)'s adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=66.086/118.2600*118.2600
=66.086

Current CPI (Sep23) = 118.2600.

GEA (Grenobloise d'Electronique et d'Automatismes) Annual Data

Book Value per Share CPI Adj_Book
201409 52.686 99.920 62.356
201509 57.087 99.950 67.545
201609 60.745 100.340 71.594
201709 63.823 101.330 74.486
201809 66.820 103.560 76.305
201909 70.028 104.500 79.249
202009 69.027 104.550 78.079
202109 65.041 106.810 72.013
202209 65.942 112.740 69.171
202309 66.086 118.260 66.086

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.


GEA (Grenobloise d'Electronique et d'Automatismes)  (XPAR:GEA) 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.


GEA (Grenobloise d'Electronique et d'Automatismes) Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of GEA (Grenobloise d'Electronique et d'Automatismes)'s Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GEA (Grenobloise d'Electronique et d'Automatismes) (XPAR:GEA) Business Description

Traded in Other Exchanges
N/A
Address
Inovallee 12, chemin de Malacher, CS 60085, Meylan, FRA, 38243
GEA (Grenobloise d'Electronique et d'Automatismes) is engaged in the business of designing, manufacturing, developing, integrating, installing and maintaining toll collection systems as well as it also provides parking revenue collection systems. Its products include automatic ticket issuing machine, manual toll terminals, automatic payment machines, plaza computer systems and central systems.

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