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Mecanica Ceahlau (BSE:MECF) Cyclically Adjusted PB Ratio : 0.42 (As of Jun. 02, 2024)


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What is Mecanica Ceahlau Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Mecanica Ceahlau's current share price is lei0.108. Mecanica Ceahlau's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was lei0.26. Mecanica Ceahlau's Cyclically Adjusted PB Ratio for today is 0.42.

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

BSE:MECF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 0.67
Current: 0.42

During the past years, Mecanica Ceahlau's highest Cyclically Adjusted PB Ratio was 0.67. The lowest was 0.36. And the median was 0.53.

BSE:MECF's Cyclically Adjusted PB Ratio is ranked better than
92.26% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.74 vs BSE:MECF: 0.42

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.

Mecanica Ceahlau's adjusted book value per share data for the three months ended in Mar. 2024 was lei0.206. 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 lei0.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mecanica Ceahlau Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mecanica Ceahlau'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.

Mecanica Ceahlau Cyclically Adjusted PB Ratio Chart

Mecanica Ceahlau 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 - 0.57 0.57 0.52 0.49

Mecanica Ceahlau Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.47 0.50 0.49 0.42

Competitive Comparison of Mecanica Ceahlau's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Mecanica Ceahlau'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.


Mecanica Ceahlau's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Mecanica Ceahlau 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.

Mecanica Ceahlau's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.108/0.26
=0.42

* 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.

Mecanica Ceahlau's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mecanica Ceahlau's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.206/131.7762*131.7762
=0.206

Current CPI (Mar. 2024) = 131.7762.

Mecanica Ceahlau Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.198 100.560 0.259
201409 0.204 100.428 0.268
201412 0.208 99.070 0.277
201503 0.213 99.621 0.282
201506 0.209 100.684 0.274
201509 0.212 100.392 0.278
201512 0.211 99.792 0.279
201603 0.216 100.470 0.283
201606 0.213 101.688 0.276
201609 0.216 101.861 0.279
201612 0.215 101.863 0.278
201703 0.221 102.862 0.283
201706 0.217 103.349 0.277
201709 0.221 104.136 0.280
201712 0.201 104.011 0.255
201803 0.206 105.290 0.258
201806 0.207 106.317 0.257
201809 0.208 106.507 0.257
201812 0.225 105.998 0.280
201903 0.236 107.251 0.290
201906 0.237 108.070 0.289
201909 0.276 108.329 0.336
201912 0.252 108.420 0.306
202003 0.252 108.902 0.305
202006 0.205 108.767 0.248
202009 0.202 109.815 0.242
202012 0.199 109.897 0.239
202103 0.200 111.754 0.236
202106 0.202 114.631 0.232
202109 0.205 115.734 0.233
202112 0.209 117.630 0.234
202203 0.212 121.301 0.230
202206 0.215 125.017 0.227
202209 0.216 125.227 0.227
202212 0.222 125.222 0.234
202303 0.224 127.348 0.232
202306 0.223 128.729 0.228
202309 0.218 129.860 0.221
202312 0.215 129.419 0.219
202403 0.206 131.776 0.206

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.


Mecanica Ceahlau  (BSE:MECF) 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.


Mecanica Ceahlau Cyclically Adjusted PB Ratio Related Terms

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


Mecanica Ceahlau (BSE:MECF) Business Description

Traded in Other Exchanges
N/A
Address
Dumbravei Street, nr. 6, Neamt County, Piatra Neamt, ROU, 610202
Mecanica Ceahlau is engaged in manufacturing of agricultural machinery. Its products include CF 5, CF 7, CF 9, CFM 7, CFM 9, CSC 00B/5, CSC 00B/7, CSC 00B/9, FB 1600, as well as agricultural trailers with a capacity of 4 to 20 tons.

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