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Brickworks (Brickworks) Cyclically Adjusted PB Ratio : 1.64 (As of Apr. 28, 2024)


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What is Brickworks Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Brickworks's current share price is $18.00. Brickworks's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 was $10.98. Brickworks's Cyclically Adjusted PB Ratio for today is 1.64.

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

BRKWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.37   Max: 1.82
Current: 1.5

During the past 13 years, Brickworks's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.92. And the median was 1.37.

BRKWF's Cyclically Adjusted PB Ratio is ranked worse than
67.02% of 285 companies
in the Building Materials industry
Industry Median: 1.04 vs BRKWF: 1.50

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.

Brickworks's adjusted book value per share data of for the fiscal year that ended in Jul23 was $15.772. 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 $10.98 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brickworks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brickworks'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.

Brickworks Cyclically Adjusted PB Ratio Chart

Brickworks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.19 1.68 1.30 1.45

Brickworks Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 1.30 - 1.45 -

Competitive Comparison of Brickworks's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Brickworks'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.


Brickworks's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



Brickworks 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/10.98
=1.64

* 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.

Brickworks's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Brickworks's adjusted Book Value per Share data for the fiscal year that ended in Jul23 was:

Adj_Book=Book Value per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=15.772/125.6559*125.6559
=15.772

Current CPI (Jul23) = 125.6559.

Brickworks Annual Data

Book Value per Share CPI Adj_Book
201407 11.395 98.816 14.490
201507 9.106 100.302 11.408
201607 9.308 101.602 11.512
201707 10.303 103.460 12.513
201807 10.260 105.410 12.231
201907 10.098 107.174 11.839
202007 11.291 107.917 13.147
202107 12.135 111.168 13.716
202207 14.722 119.248 15.513
202307 15.772 125.656 15.772

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.


Brickworks  (OTCPK:BRKWF) 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.


Brickworks Cyclically Adjusted PB Ratio Related Terms

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


Brickworks (Brickworks) Business Description

Traded in Other Exchanges
Address
738 - 780 Wallgrove Road, Horsley Park, Sydney, NSW, AUS, 2175
Brickworks is a conglomerate consisting of brickmaking operations, industrial property management, and a cross-shareholding in investment firm, Washington H. Soul Pattinson, or Soul Patts (ASX: SOL). Brickworks' operating business manufactures brick products for the Australian and North American markets. However, most earnings are from the property and investment segments. The property segment principally redevelops warehouses on industrial land, with joint venture partner narrow-moat Goodman Group. The investment segment represents a cross-shareholding in Soul Patts, an investment firm with a portfolio encompassing diversified investments, including large holdings in no-moat New Hope coal miner and narrow-moat TPG Telecom.