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Grenke AG (CHIX:GLJD) Cyclically Adjusted PB Ratio : 0.30 (As of May. 04, 2025)


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What is Grenke AG Cyclically Adjusted PB Ratio?

As of today (2025-05-04), Grenke AG's current share price is €13.69. Grenke AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €46.20. Grenke AG's Cyclically Adjusted PB Ratio for today is 0.30.

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

CHIX:GLJd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 2   Max: 9.48
Current: 0.52

During the past years, Grenke AG's highest Cyclically Adjusted PB Ratio was 9.48. The lowest was 0.49. And the median was 2.00.

CHIX:GLJd's Cyclically Adjusted PB Ratio is ranked better than
71.48% of 270 companies
in the Credit Services industry
Industry Median: 0.955 vs CHIX:GLJd: 0.52

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.

Grenke AG's adjusted book value per share data for the three months ended in Dec. 2024 was €30.396. 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 €46.20 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grenke AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grenke AG'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.

Grenke AG Cyclically Adjusted PB Ratio Chart

Grenke AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 1.67 0.90 1.03 0.58

Grenke AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.03 0.97 0.81 0.92 0.58

Competitive Comparison of Grenke AG's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Grenke AG'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.


Grenke AG's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Grenke AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Grenke AG 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.

Grenke AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.69/46.20
=0.30

* 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.

Grenke AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Grenke AG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=30.396/127.0412*127.0412
=30.396

Current CPI (Dec. 2024) = 127.0412.

Grenke AG Quarterly Data

Book Value per Share CPI Adj_Book
201503 11.681 99.717 14.882
201506 11.756 100.417 14.873
201509 12.850 100.417 16.257
201512 13.344 99.717 17.001
201603 13.776 100.017 17.498
201606 13.895 100.717 17.527
201609 14.472 101.017 18.200
201612 14.546 101.217 18.257
201703 16.168 101.417 20.253
201706 16.226 102.117 20.186
201709 18.572 102.717 22.970
201712 17.637 102.617 21.835
201803 17.759 102.917 21.922
201806 22.065 104.017 26.949
201809 22.810 104.718 27.673
201812 21.434 104.217 26.128
201903 24.062 104.217 29.332
201906 23.981 105.718 28.818
201909 24.747 106.018 29.654
201912 25.118 105.818 30.156
202003 27.287 105.718 32.791
202006 27.452 106.618 32.711
202009 27.101 105.818 32.537
202012 26.200 105.518 31.544
202103 26.300 107.518 31.076
202106 26.807 108.486 31.392
202109 27.038 109.435 31.388
202112 27.949 110.384 32.167
202203 28.308 113.968 31.555
202206 28.249 115.760 31.002
202209 28.861 118.818 30.858
202212 29.278 119.345 31.166
202303 28.804 122.402 29.896
202306 28.909 123.140 29.825
202309 29.222 124.195 29.892
202312 29.443 123.773 30.220
202403 29.594 125.038 30.068
202406 29.824 125.882 30.099
202409 30.094 126.198 30.295
202412 30.396 127.041 30.396

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.


Grenke AG  (CHIX:GLJd) 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.


Grenke AG Cyclically Adjusted PB Ratio Related Terms

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


Grenke AG Business Description

Traded in Other Exchanges
Address
Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.

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