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Lambrakis Press Group (ATH:DOL) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Lambrakis Press Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lambrakis Press Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lambrakis Press Group'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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Lambrakis Press Group Cyclically Adjusted PB Ratio Chart

Lambrakis Press Group Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Lambrakis Press Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Lambrakis Press Group's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Lambrakis Press Group'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.


Lambrakis Press Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lambrakis Press Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lambrakis Press Group 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.

Lambrakis Press Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Lambrakis Press Group's adjusted Book Value per Share data for the fiscal year that ended in Dec12 was:

Adj_Book=Book Value per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=-1.416/104.7285*104.7285
=-1.416

Current CPI (Dec12) = 104.7285.

Lambrakis Press Group Annual Data

Book Value per Share CPI Adj_Book
200312 19.490 80.698 25.294
200412 14.871 83.194 18.720
200512 12.411 86.207 15.078
200612 11.562 88.714 13.649
200712 10.677 92.159 12.133
200812 8.714 93.971 9.712
200912 7.062 96.453 7.668
201012 2.401 101.443 2.479
201112 -2.081 103.893 -2.098
201212 -1.416 104.729 -1.416

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.


Lambrakis Press Group  (ATH:DOL) 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.


Lambrakis Press Group Cyclically Adjusted PB Ratio Related Terms

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Lambrakis Press Group (ATH:DOL) Business Description

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Lambrakis Press Group is engaged in mass media sector which includes publishing, printing digital economy, tourism and information technology.