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Gencor Industries (Gencor Industries) Cyclically Adjusted PB Ratio : 1.45 (As of Apr. 27, 2024)


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What is Gencor Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Gencor Industries's current share price is $16.97. Gencor Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.69. Gencor Industries's Cyclically Adjusted PB Ratio for today is 1.45.

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

GENC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.28   Max: 2.28
Current: 1.43

During the past years, Gencor Industries's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 0.82. And the median was 1.28.

GENC's Cyclically Adjusted PB Ratio is ranked better than
56.87% of 160 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.815 vs GENC: 1.43

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.

Gencor Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $12.683. 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 $11.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gencor Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gencor Industries'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.

Gencor Industries Cyclically Adjusted PB Ratio Chart

Gencor Industries 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 1.32 1.20 1.11 0.82 1.21

Gencor Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.91 1.36 1.35 1.21 1.38

Competitive Comparison of Gencor Industries's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Gencor Industries'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.


Gencor Industries's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gencor Industries 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.

Gencor Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.97/11.69
=1.45

* 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.

Gencor Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Gencor Industries's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.683/129.4194*129.4194
=12.683

Current CPI (Dec. 2023) = 129.4194.

Gencor Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.909 99.695 10.267
201406 8.030 100.560 10.335
201409 7.996 100.428 10.304
201412 7.924 99.070 10.351
201503 8.011 99.621 10.407
201506 8.033 100.684 10.326
201509 7.880 100.392 10.158
201512 7.991 99.792 10.363
201603 8.103 100.470 10.438
201606 8.249 101.688 10.499
201609 8.362 101.861 10.624
201612 8.460 101.863 10.749
201703 8.694 102.862 10.939
201706 8.873 103.349 11.111
201709 8.941 104.136 11.112
201712 9.091 104.011 11.312
201803 9.347 105.290 11.489
201806 9.531 106.317 11.602
201809 9.973 106.507 12.118
201812 9.800 105.998 11.965
201903 10.315 107.251 12.447
201906 10.484 108.070 12.555
201909 10.662 108.329 12.738
201912 10.834 108.420 12.932
202003 10.790 108.902 12.823
202006 11.079 108.767 13.183
202009 11.038 109.815 13.009
202012 11.144 109.897 13.124
202103 11.296 111.754 13.082
202106 11.456 114.631 12.934
202109 11.413 115.734 12.763
202112 11.394 117.630 12.536
202203 11.424 121.301 12.189
202206 11.355 125.017 11.755
202209 11.388 125.227 11.769
202212 11.625 125.222 12.015
202303 11.957 127.348 12.152
202306 12.176 128.729 12.241
202309 12.388 129.860 12.346
202312 12.683 129.419 12.683

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.


Gencor Industries  (AMEX:GENC) 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.


Gencor Industries Cyclically Adjusted PB Ratio Related Terms

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


Gencor Industries (Gencor Industries) Business Description

Traded in Other Exchanges
N/A
Address
5201 North Orange Blossom Trail, Orlando, FL, USA, 32810
Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company has one reporting segment, equipment for the highway construction industry. The firm's principal products include asphalt plants, combustion systems, hot mix asphalt plants, fluid heat transfer systems, and asphalt pavers.
Executives
Jeanne M Lyons officer: Secretary 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Ketcham Walter A Jr director 5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Thomas A. Vecchiolla director 601 QUEEN STREET, ALEXANDRIA VA 22314
Eric E Mellen officer: CFO 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
James P Sharp director 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Marc G Elliott officer: Pres., Const. Equip. Group 5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
John G Coburn director 10505 GUNSTON ROAD, HORTON VA 22079
Sherry Houtkin 10 percent owner 3900 ISLAND BLVD., PENTHOUSE 4, AVENTURA FL 33160
David Air director PO BOX 1188, DUNDEE FL 33838
Dondero Cort J director
Lawrence C Maingot officer: Vice President and Controller 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Dennis Bryan Hunt officer: Senior Vice President 2790 MARSH WREN CIRCLE, LONGWOOD FL 32779
Lawrence K Miles officer: Vice President Product Support 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Lowell Raymond Adams officer: CFO and Treasurer 1722 SE HALYARD LANE, VANCOUVER WA 98661
Robert A Mifflin officer: Interim CFO 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810

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