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Consti (CHIX:CONSTH) Cyclically Adjusted PB Ratio : 2.55 (As of Jun. 24, 2024)


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What is Consti Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Consti's current share price is €10.05. Consti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.94. Consti's Cyclically Adjusted PB Ratio for today is 2.55.

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

CHIX:CONSTh' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.29   Med: 2.37   Max: 2.48
Current: 2.36

During the past years, Consti's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 2.29. And the median was 2.37.

CHIX:CONSTh's Cyclically Adjusted PB Ratio is ranked worse than
76.12% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs CHIX:CONSTh: 2.36

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.

Consti's adjusted book value per share data for the three months ended in Mar. 2024 was €5.262. 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 €3.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consti Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Consti'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.

Consti Cyclically Adjusted PB Ratio Chart

Consti Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Consti 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 - - - - 2.55

Competitive Comparison of Consti's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Consti'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.


Consti's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Consti 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.

Consti's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.05/3.94
=2.55

* 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.

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

For example, Consti'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)
=5.262/122.3600*122.3600
=5.262

Current CPI (Mar. 2024) = 122.3600.

Consti Quarterly Data

Book Value per Share CPI Adj_Book
201312 -0.165 99.761 -0.202
201409 0.000 100.726 0.000
201412 0.061 100.229 0.074
201503 0.000 100.120 0.000
201506 0.000 100.030 0.000
201509 2.899 100.130 3.543
201512 3.222 99.990 3.943
201603 3.212 100.080 3.927
201606 3.069 100.390 3.741
201609 3.436 100.540 4.182
201612 3.890 101.020 4.712
201703 3.954 100.910 4.794
201706 3.684 101.140 4.457
201709 3.596 101.320 4.343
201712 3.299 101.510 3.977
201803 3.279 101.730 3.944
201806 3.446 102.320 4.121
201809 3.287 102.600 3.920
201812 3.056 102.710 3.641
201903 3.396 102.870 4.039
201906 3.361 103.360 3.979
201909 3.550 103.540 4.195
201912 3.821 103.650 4.511
202003 3.803 103.490 4.496
202006 3.868 103.320 4.581
202009 4.069 103.710 4.801
202012 4.369 103.890 5.146
202103 3.945 104.870 4.603
202106 3.481 105.360 4.043
202109 3.847 106.290 4.429
202112 4.129 107.490 4.700
202203 4.032 110.950 4.447
202206 3.853 113.570 4.151
202209 4.184 114.920 4.455
202212 4.681 117.320 4.882
202303 4.639 119.750 4.740
202306 4.354 120.690 4.414
202309 4.857 121.280 4.900
202312 5.275 121.540 5.311
202403 5.262 122.360 5.262

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.


Consti  (CHIX:CONSTh) 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.


Consti Cyclically Adjusted PB Ratio Related Terms

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


Consti (CHIX:CONSTH) Business Description

Industry
Traded in Other Exchanges
Address
Valimotie 16, Valimo Park, Helsinki, FIN, FI-00380
Consti PLC is a provider of renovation and technical building services in Finland. The company has a comprehensive service offering covering renovation and building technology services to housing companies, corporations, investors, and the public sector in Finland's growth centers. Its customers comprise housing corporations and their property managers, public institutions, real estate investors, corporations, and industry. The company operates in four business areas: Housing Companies, Corporations, the Public Sector, and Building Technology, all of which contain service business, including service contracting and technical repair and maintenance services to contract customers.

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