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Georg Fischer AG (XSWX:GF) Cyclically Adjusted PB Ratio : 4.65 (As of May. 26, 2024)


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What is Georg Fischer AG Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Georg Fischer AG's current share price is CHF70.45. Georg Fischer AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF15.16. Georg Fischer AG's Cyclically Adjusted PB Ratio for today is 4.65.

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

XSWX:GF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.34   Max: 5.33
Current: 4.65

During the past 13 years, Georg Fischer AG's highest Cyclically Adjusted PB Ratio was 5.33. The lowest was 1.40. And the median was 3.34.

XSWX:GF's Cyclically Adjusted PB Ratio is ranked worse than
81.33% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs XSWX:GF: 4.65

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.

Georg Fischer AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF-0.537. 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 CHF15.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Georg Fischer AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Georg Fischer 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.

Georg Fischer AG Cyclically Adjusted PB Ratio Chart

Georg Fischer 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 3.48 3.97 4.63 3.51 4.03

Georg Fischer 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 4.63 - 3.51 - 4.03

Competitive Comparison of Georg Fischer AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Georg Fischer 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.


Georg Fischer AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Georg Fischer AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Georg Fischer 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.

Georg Fischer AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.45/15.16
=4.65

* 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.

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

For example, Georg Fischer 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)
=-0.537/106.4612*106.4612
=-0.537

Current CPI (Dec23) = 106.4612.

Georg Fischer AG Annual Data

Book Value per Share CPI Adj_Book
201412 12.934 100.704 13.673
201512 13.227 99.386 14.169
201612 14.137 99.380 15.144
201712 16.085 100.213 17.088
201812 16.881 100.906 17.810
201912 17.052 101.063 17.963
202012 16.527 100.241 17.553
202112 17.988 101.776 18.816
202212 19.564 104.666 19.900
202312 -0.537 106.461 -0.537

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.


Georg Fischer AG  (XSWX:GF) 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.


Georg Fischer AG Cyclically Adjusted PB Ratio Related Terms

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Georg Fischer AG (XSWX:GF) Business Description

Traded in Other Exchanges
Address
Amsler-Laffon-Strasse 9, Schaffhausen, CHE, 8201
Georg Fischer AG provides transportation of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. It supplies plastic and metal piping systems, valves and fittings, electrical discharge machines, and other additive manufacturing solutions. The company is one of the world's leading providers for the tool and mold-making industry and services customers in utilities, automotive, aerospace, water and gas, and other industrial Applications. Revenue is divided among three divisions: piping systems, casting solutions, and machining solutions. The firm has global distribution resources with various sales and representative offices. Approximately half of total revenue derives from Europe, with Germany being an important region for the company.

Georg Fischer AG (XSWX:GF) Headlines