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Anek Lines (ATH:ANEP) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Anek Lines Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Anek Lines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anek Lines'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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Anek Lines Cyclically Adjusted PB Ratio Chart

Anek Lines Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.84 4.13 13.36 -

Anek Lines Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 13.36 - - - -

Competitive Comparison of Anek Lines's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Anek Lines'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.


Anek Lines's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Anek Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Anek Lines 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.

Anek Lines's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Anek Lines's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=-0.242/104.8531*104.8531
=-0.242

Current CPI (Dec21) = 104.8531.

Anek Lines Annual Data

Book Value per Share CPI Adj_Book
201212 0.212 104.729 0.212
201312 0.021 102.937 0.021
201412 -0.073 100.254 -0.076
201512 -0.068 100.087 -0.071
201612 -0.064 100.110 -0.067
201712 -0.001 100.762 -0.001
201812 -0.085 101.330 -0.088
201912 -0.049 102.120 -0.050
202012 -0.057 99.751 -0.060
202112 -0.242 104.853 -0.242

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.


Anek Lines  (ATH:ANEP) 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.


Anek Lines Cyclically Adjusted PB Ratio Related Terms

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Anek Lines (ATH:ANEP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
148 Karamanli Avenue, Crete, Chania, GRC, 73100
Anek Lines SA is engaged in passenger shipping and performs business activities in the sector of passenger ferry shipping. The main sources of revenue are generated from the passenger, P.U. vehicles and truck fares, as well as other onboard activities (bars, restaurants, stores, and casinos). The company operates its shipping activities domestically and abroad, out of which the majority of the revenue is derived from Abroad.

Anek Lines (ATH:ANEP) Headlines

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