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UCM Resita (BSE:UCM) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is UCM Resita Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


UCM Resita Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UCM Resita'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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UCM Resita Cyclically Adjusted PB Ratio Chart

UCM Resita Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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UCM Resita Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of UCM Resita's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, UCM Resita'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.


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

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

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



UCM Resita 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.

UCM Resita's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, UCM Resita's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-3.427/132.5538*132.5538
=-3.427

Current CPI (Jun. 2024) = 132.5538.

UCM Resita Quarterly Data

Book Value per Share CPI Adj_Book
201409 -4.776 100.428 -6.304
201412 -4.125 99.070 -5.519
201503 -4.124 99.621 -5.487
201506 -4.140 100.684 -5.450
201509 -4.234 100.392 -5.590
201512 -5.994 99.792 -7.962
201603 -6.042 100.470 -7.971
201606 -6.042 101.688 -7.876
201609 -6.082 101.861 -7.915
201612 -6.221 101.863 -8.095
201703 -6.221 102.862 -8.017
201706 -6.348 103.349 -8.142
201709 -6.373 104.136 -8.112
201712 -6.433 104.011 -8.198
201803 -6.467 105.290 -8.142
201806 -6.496 106.317 -8.099
201809 -6.535 106.507 -8.133
201812 -6.564 105.998 -8.208
201903 -6.505 107.251 -8.040
201906 -6.571 108.070 -8.060
201909 -6.620 108.329 -8.100
201912 -6.705 108.420 -8.197
202003 -6.783 108.902 -8.256
202006 -6.838 108.767 -8.333
202009 -6.889 109.815 -8.315
202012 -6.900 109.897 -8.323
202103 -6.965 111.754 -8.261
202106 -7.035 114.631 -8.135
202109 -7.091 115.734 -8.122
202112 -7.265 117.630 -8.187
202203 -3.455 121.301 -3.776
202206 -3.484 125.017 -3.694
202209 -3.496 125.227 -3.701
202212 -3.534 125.222 -3.741
202303 -3.586 127.348 -3.733
202306 -3.600 128.729 -3.707
202309 -3.579 129.860 -3.653
202312 -3.620 129.419 -3.708
202403 -3.431 131.776 -3.451
202406 -3.427 132.554 -3.427

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.


UCM Resita  (BSE:UCM) 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.


UCM Resita Cyclically Adjusted PB Ratio Related Terms

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UCM Resita Business Description

Traded in Other Exchanges
N/A
Address
Golului Street No. 1, Caras-Severin County, Resita, ROU, 320053
UCM Resita SA is engaged in the manufacturing of engines and turbines. The company manufactures hydropower units and hydro-mechanical equipment, hydraulic servomotors, spare parts for diesel engines, welded assemblies, welded metal structures, bearings and half-bearing shells, and others. The company markets its products in Romania and the European Union.

UCM Resita Headlines

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