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FrigoglassIC (ATH:FRIGO) Cyclically Adjusted PB Ratio : (As of May. 29, 2025)


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What is FrigoglassIC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FrigoglassIC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FrigoglassIC'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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FrigoglassIC Cyclically Adjusted PB Ratio Chart

FrigoglassIC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.15 - - -

FrigoglassIC Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Competitive Comparison of FrigoglassIC's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, FrigoglassIC'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.


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

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

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


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FrigoglassIC 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.

FrigoglassIC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, FrigoglassIC's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.009/116.3641*116.3641
=0.009

Current CPI (Dec23) = 116.3641.

FrigoglassIC Annual Data

Book Value per Share CPI Adj_Book
201412 6.684 100.254 7.758
201512 -11.139 100.087 -12.951
201612 -39.837 100.110 -46.305
201712 -0.936 100.762 -1.081
201812 -1.035 101.330 -1.189
201912 -0.955 102.120 -1.088
202012 -1.448 99.751 -1.689
202112 -1.521 104.853 -1.688
202212 0.022 112.428 0.023
202312 0.009 116.364 0.009

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.


FrigoglassIC  (ATH:FRIGO) 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.


FrigoglassIC Cyclically Adjusted PB Ratio Related Terms

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FrigoglassIC Business Description

Traded in Other Exchanges
N/A
Address
15, A. Metaxa Street, Kifissia, Athens, GRC, 145 64
Frigoglass SAIC is a producer of Ice-Cold Merchandisers (ICMs). In addition, it is also engaged in the business activity of production of the glass containers. The group operates in the business segments of ICM operations and Glass operations. It derives maximum revenue from the ICM operations. In the ICM operations, the company manufactures and sells Ice-Cold Merchandise (ICMs) and provides integrated after-sales customer service for its products and a range of cold-drink equipment through Frigoserves. The organization has business operations in East Europe, West Europe, Africa/Middle East, and Asia.

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