GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Barco NV (OTCPK:BCNAY) » Definitions » Cyclically Adjusted PB Ratio

Barco NV (Barco NV) Cyclically Adjusted PB Ratio : 1.06 (As of Jun. 14, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Barco NV Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Barco NV's current share price is $7.93. Barco NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $7.47. Barco NV's Cyclically Adjusted PB Ratio for today is 1.06.

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

BCNAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.23   Max: 4.85
Current: 1.36

During the past 13 years, Barco NV's highest Cyclically Adjusted PB Ratio was 4.85. The lowest was 1.33. And the median was 2.23.

BCNAY's Cyclically Adjusted PB Ratio is ranked better than
58.57% of 1902 companies
in the Hardware industry
Industry Median: 1.66 vs BCNAY: 1.36

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.

Barco NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was $4.814. 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 $7.47 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barco NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barco NV'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.

Barco NV Cyclically Adjusted PB Ratio Chart

Barco NV 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 4.48 2.46 2.45 2.67 1.89

Barco NV 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 2.45 - 2.67 - 1.89

Competitive Comparison of Barco NV's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Barco NV'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.


Barco NV's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Barco NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Barco NV 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.

Barco NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.93/7.47
=1.06

* 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.

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

For example, Barco NV'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)
=4.814/128.2922*128.2922
=4.814

Current CPI (Dec23) = 128.2922.

Barco NV Annual Data

Book Value per Share CPI Adj_Book
201412 4.275 99.086 5.535
201512 3.841 100.572 4.900
201612 3.628 102.614 4.536
201712 3.963 104.804 4.851
201812 4.127 107.252 4.937
201912 4.414 108.065 5.240
202012 4.540 108.511 5.368
202112 4.397 114.705 4.918
202212 4.445 126.578 4.505
202312 4.814 128.292 4.814

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.


Barco NV  (OTCPK:BCNAY) 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.


Barco NV Cyclically Adjusted PB Ratio Related Terms

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


Barco NV (Barco NV) Business Description

Industry
Traded in Other Exchanges
Address
35 President Kennedypark, Kortrijk, BEL, 8500
Barco NV is an electronic components company with three business segments: Entertainment, Enterprise, and Healthcare. The Entertainment business segment comprises two business units; Cinema which offers the industry's most complete range of laser and lamp-based cinema projectors, including image processing and audio solutions, and The Immersive Experience business unit offers solutions tailored to the specific needs of large venues, live events, themed entertainment (museums, theme parks, digital immersive art installations, projection mapping, etc.) and simulation applications: projection, image processing, and related services. The company earns the majority of its revenue from the Entertainment business segment.

Barco NV (Barco NV) Headlines

From GuruFocus

Q4 2023 Barco NV Earnings Call Transcript

By GuruFocus Research 02-10-2024