GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Austin Engineering Ltd (OTCPK:AUSTF) » Definitions » Cyclically Adjusted PB Ratio

Austin Engineering (Austin Engineering) Cyclically Adjusted PB Ratio : 1.40 (As of May. 01, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Austin Engineering Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Austin Engineering's current share price is $0.42. Austin Engineering's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $0.30. Austin Engineering's Cyclically Adjusted PB Ratio for today is 1.40.

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

AUSTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 5.21
Current: 0.99

During the past 13 years, Austin Engineering's highest Cyclically Adjusted PB Ratio was 5.21. The lowest was 0.10. And the median was 0.26.

AUSTF's Cyclically Adjusted PB Ratio is ranked better than
73.29% of 161 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.75 vs AUSTF: 0.99

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.

Austin Engineering's adjusted book value per share data of for the fiscal year that ended in Jun23 was $0.131. 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 $0.30 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Austin Engineering Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Austin Engineering'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.

Austin Engineering Cyclically Adjusted PB Ratio Chart

Austin Engineering Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.16 0.19 0.36 0.56

Austin Engineering Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.36 - 0.56 -

Competitive Comparison of Austin Engineering's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Austin Engineering'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.


Austin Engineering's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Austin Engineering 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.

Austin Engineering's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.3
=1.40

* 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.

Austin Engineering's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Austin Engineering's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.131/124.1700*124.1700
=0.131

Current CPI (Jun23) = 124.1700.

Austin Engineering Annual Data

Book Value per Share CPI Adj_Book
201406 1.381 98.352 1.744
201506 0.821 99.838 1.021
201606 0.193 100.859 0.238
201706 0.147 102.809 0.178
201806 0.135 104.945 0.160
201906 0.122 106.617 0.142
202006 0.117 106.246 0.137
202106 0.120 110.332 0.135
202206 0.130 117.112 0.138
202306 0.131 124.170 0.131

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.


Austin Engineering  (OTCPK:AUSTF) 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.


Austin Engineering Cyclically Adjusted PB Ratio Related Terms

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


Austin Engineering (Austin Engineering) Business Description

Traded in Other Exchanges
Address
100 Chisholm Crescent, Kewdale, Perth, WA, AUS, 6105
Austin Engineering Ltd is an Australia based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a complete service provider through the product's life cycle, offering on and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment through the sale of truck bodies.

Austin Engineering (Austin Engineering) Headlines

From GuruFocus