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Padtec Holding (BSP:PDTC3) Cyclically Adjusted PB Ratio : 1.44 (As of May. 01, 2024)


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What is Padtec Holding Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Padtec Holding's current share price is R$2.26. Padtec Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$1.57. Padtec Holding's Cyclically Adjusted PB Ratio for today is 1.44.

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

BSP:PDTC3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.05   Max: 2.27
Current: 1.46

During the past years, Padtec Holding's highest Cyclically Adjusted PB Ratio was 2.27. The lowest was 0.65. And the median was 1.05.

BSP:PDTC3's Cyclically Adjusted PB Ratio is ranked better than
54.35% of 1849 companies
in the Hardware industry
Industry Median: 1.62 vs BSP:PDTC3: 1.46

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.

Padtec Holding's adjusted book value per share data for the three months ended in Dec. 2023 was R$1.926. 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 R$1.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Padtec Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Padtec Holding'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.

Padtec Holding Cyclically Adjusted PB Ratio Chart

Padtec Holding 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 0.41 1.10 1.50 0.92 1.96

Padtec Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.92 0.79 1.15 1.33 1.96

Competitive Comparison of Padtec Holding's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Padtec Holding'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.


Padtec Holding's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Padtec Holding 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.

Padtec Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.26/1.57
=1.44

* 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.

Padtec Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Padtec Holding's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.926/156.2729*156.2729
=1.926

Current CPI (Dec. 2023) = 156.2729.

Padtec Holding Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.653 90.447 18.406
201406 10.489 91.838 17.848
201409 7.506 92.602 12.667
201412 5.206 94.194 8.637
201503 3.214 97.799 5.136
201506 2.461 100.006 3.846
201509 -3.278 101.392 -5.052
201512 -7.347 104.247 -11.014
201603 -6.954 106.979 -10.158
201606 -7.570 108.851 -10.868
201609 -1.485 109.986 -2.110
201612 -0.659 110.802 -0.929
201703 -0.287 111.869 -0.401
201706 1.066 112.115 1.486
201709 0.474 112.777 0.657
201712 0.147 114.068 0.201
201803 0.034 114.868 0.046
201806 0.318 117.038 0.425
201809 0.259 117.881 0.343
201812 0.813 118.340 1.074
201903 0.857 120.124 1.115
201906 0.923 120.977 1.192
201909 1.267 121.292 1.632
201912 1.123 123.436 1.422
202003 1.038 124.092 1.307
202006 1.118 123.557 1.414
202009 1.216 125.095 1.519
202012 1.313 129.012 1.590
202103 1.460 131.660 1.733
202106 1.599 133.871 1.867
202109 1.658 137.913 1.879
202112 1.636 141.992 1.801
202203 1.575 146.537 1.680
202206 1.526 149.784 1.592
202209 1.665 147.800 1.760
202212 1.730 150.207 1.800
202303 1.741 153.352 1.774
202306 1.721 154.519 1.741
202309 1.935 155.464 1.945
202312 1.926 156.273 1.926

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.


Padtec Holding  (BSP:PDTC3) 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.


Padtec Holding Cyclically Adjusted PB Ratio Related Terms

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


Padtec Holding (BSP:PDTC3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rua Doutor Ricardo Benetton Martins, 1.000 - Parque II de Alta Tecnologia - Campinas, Sao Paulo, SP, BRA, 13086-510
Padtec Holding SA offers optical transmission solutions, based on DWDM technology. Its solutions and platform include Network backbones, Metropolitan Networks, SAN Extension, and DCI, MultiPad MPD-1200, LightPad i6400G, and others. The company provides its services to Government, Financial, Utilities and Integrator, IT and Multimedia, and others.

Padtec Holding (BSP:PDTC3) Headlines

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