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Plazza AG (CHIX:PLANZ) Cyclically Adjusted PB Ratio : 0.97 (As of Jun. 05, 2024)


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What is Plazza AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Plazza AG's current share price is CHF296.00. Plazza AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF305.03. Plazza AG's Cyclically Adjusted PB Ratio for today is 0.97.

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

CHIX:PLANz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 0.98   Max: 1.01
Current: 0.97

During the past 10 years, Plazza AG's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.97. And the median was 0.98.

CHIX:PLANz's Cyclically Adjusted PB Ratio is ranked worse than
62.28% of 1376 companies
in the Real Estate industry
Industry Median: 0.71 vs CHIX:PLANz: 0.97

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.

Plazza AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF343.860. 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 CHF305.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plazza AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plazza 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.

Plazza AG Cyclically Adjusted PB Ratio Chart

Plazza AG 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 - - - - 0.98

Plazza AG Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 - - - - 0.98

Competitive Comparison of Plazza AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Plazza 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.


Plazza AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Plazza AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Plazza 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=296.00/305.03
=0.97

* 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.

Plazza AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Plazza AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=343.86/106.4612*106.4612
=343.860

Current CPI (Dec23) = 106.4612.

Plazza AG Annual Data

Book Value per Share CPI Adj_Book
201412 267.878 100.704 283.193
201512 252.564 99.386 270.543
201612 258.979 99.380 277.434
201712 264.177 100.213 280.648
201812 271.568 100.906 286.519
201912 284.300 101.063 299.485
202012 308.879 100.241 328.047
202112 337.631 101.776 353.175
202212 342.034 104.666 347.900
202312 343.860 106.461 343.860

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.


Plazza AG  (CHIX:PLANz) 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.


Plazza AG Cyclically Adjusted PB Ratio Related Terms

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


Plazza AG (CHIX:PLANZ) Business Description

Industry
Traded in Other Exchanges
Address
Sieberstrasse 5, Zurich, CHE, 8055
Plazza AG is engaged in planning, building, managing and sell of real estate projects in Switzerland. The Company's portfolio include residential, commercial and office properties. Real estate investment business is engaged in buying and selling of all properties. It has projects in the economic centers of Zurich and Lausanne.

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