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Coffey International (ASX:COF) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Coffey International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coffey International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coffey International'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.

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Coffey International Cyclically Adjusted PB Ratio Chart

Coffey International Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted PB Ratio
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Coffey International Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Coffey International's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Coffey International'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.


Coffey International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Coffey International 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.

Coffey International's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Coffey International's adjusted Book Value per Share data for the fiscal year that ended in Jun15 was:

Adj_Book=Book Value per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=0.481/99.8375*99.8375
=0.481

Current CPI (Jun15) = 99.8375.

Coffey International Annual Data

Book Value per Share CPI Adj_Book
200606 0.780 79.777 0.976
200706 1.554 81.449 1.905
200806 1.528 85.071 1.793
200906 1.447 86.278 1.674
201006 1.426 88.971 1.600
201106 0.848 92.129 0.919
201206 0.670 93.244 0.717
201306 0.556 95.473 0.581
201406 0.543 98.352 0.551
201506 0.481 99.838 0.481

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.


Coffey International  (ASX:COF) 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.


Coffey International Cyclically Adjusted PB Ratio Related Terms

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Coffey International (ASX:COF) Business Description

Traded in Other Exchanges
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Address
Coffey International Limited provides specialist geotechnical, environmental and mining consulting services, as well as materials testing and analysis.