CGIP (Celadon Group) Cyclically Adjusted PB Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Celadon Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Celadon Group  (OTCPK:CGIP) 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.


Celadon Group Cyclically Adjusted PB Ratio Related Terms


Celadon Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Celadon Group'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.

Celadon Group Cyclically Adjusted PB Ratio Chart

Celadon Group Annual Data
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Cyclically Adjusted PB Ratio
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Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.00 0.00 0.00 0.00 0.00

Celadon Group Cyclically Adjusted PB Ratio Competitor Comparison

For the Trucking subindustry, Celadon Group'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.


Celadon Group Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Celadon Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Celadon Group 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.

Celadon Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Celadon Group's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=13.044/241.4320*241.4320
=13.044

Current CPI (Dec. 2016) = 241.4320.

Celadon Group Quarterly Data

Book Value per Share CPI Adj_Book
200703 5.992 205.352 7.045
200706 6.226 208.352 7.215
200709 6.369 208.490 7.375
200712 6.423 210.036 7.383
200803 6.439 213.528 7.280
200806 6.577 218.815 7.257
200809 6.611 218.783 7.295
200812 6.501 210.228 7.466
200903 6.383 212.709 7.245
200906 6.026 215.693 6.745
200909 6.592 215.969 7.369
200912 6.680 215.949 7.468
201003 6.738 217.631 7.475
201006 6.774 217.965 7.503
201009 7.129 218.439 7.879
201012 7.306 219.179 8.048
201103 7.445 223.467 8.044
201106 7.668 225.722 8.202
201109 7.715 226.889 8.210
201112 7.521 225.672 8.046
201203 8.196 229.392 8.626
201206 8.121 229.478 8.544
201209 8.570 231.407 8.941
201212 8.995 229.601 9.458
201303 9.494 232.773 9.847
201306 9.448 233.504 9.769
201309 9.809 234.149 10.114
201312 9.986 233.049 10.345
201403 9.971 236.293 10.188
201406 10.765 238.343 10.905
201409 10.943 238.031 11.099
201412 11.064 234.812 11.376
201503 11.254 236.119 11.507
201506 13.158 238.638 13.312
201509 13.213 237.945 13.407
201512 13.009 236.525 13.279
201603 13.466 238.132 13.653
201606 13.269 241.018 13.292
201609 13.010 241.428 13.010
201612 13.044 241.432 13.044

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.


Celadon Group Business Description

Address 9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.