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Schweizer Electronic AG (CHIX:SCED) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Schweizer Electronic AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schweizer Electronic AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schweizer Electronic 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.

Schweizer Electronic AG Cyclically Adjusted PB Ratio Chart

Schweizer Electronic 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 1.15 0.78 0.66 0.28 0.48

Schweizer Electronic AG 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 0.29 0.45 0.51 0.48 0.43

Competitive Comparison of Schweizer Electronic AG's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Schweizer Electronic 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.


Schweizer Electronic AG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Schweizer Electronic 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.

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

For example, Schweizer Electronic AG'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)
=6.595/125.0381*125.0381
=6.595

Current CPI (Mar. 2024) = 125.0381.

Schweizer Electronic AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.658 99.543 15.900
201409 12.596 99.823 15.778
201412 17.484 99.543 21.962
201503 13.258 99.717 16.625
201506 13.443 100.417 16.739
201509 13.380 100.417 16.661
201512 16.843 99.717 21.120
201603 0.000 100.017 0.000
201606 17.282 100.717 21.455
201609 16.662 101.017 20.624
201612 16.390 101.217 20.247
201703 17.283 101.417 21.308
201706 16.542 102.117 20.255
201709 16.345 102.717 19.897
201712 16.525 102.617 20.136
201803 17.036 102.917 20.698
201806 17.349 104.017 20.855
201809 17.259 104.718 20.608
201812 16.694 104.217 20.029
201903 16.343 104.217 19.608
201906 15.632 105.718 18.489
201909 15.672 106.018 18.484
201912 14.620 105.818 17.276
202003 13.693 105.718 16.195
202006 11.765 106.618 13.798
202009 10.122 105.818 11.961
202012 9.065 105.518 10.742
202103 7.949 107.518 9.244
202106 6.518 108.486 7.512
202109 4.949 109.435 5.655
202112 2.210 110.384 2.503
202203 3.389 113.968 3.718
202206 2.377 115.760 2.568
202209 1.558 118.818 1.640
202212 -1.737 119.345 -1.820
202303 -2.545 122.402 -2.600
202306 8.306 123.140 8.434
202309 8.190 124.195 8.246
202312 6.841 123.773 6.911
202403 6.595 125.038 6.595

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.


Schweizer Electronic AG  (CHIX:SCEd) 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.


Schweizer Electronic AG Cyclically Adjusted PB Ratio Related Terms

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Schweizer Electronic AG (CHIX:SCED) Business Description

Traded in Other Exchanges
Address
Einsteinstrasse 10, Schramberg, DEU, 78713
Schweizer Electronic AG is engaged in the manufacture of printed circuit boards and the provision of solutions for automotive, industrial, and aviation electronics. The company's products are used in automotive, solar, aviation, and general industries. Its only business segment is the Electronic segment. The product line of the company consists of metallised circuits, non-metallised circuits, multilayer and high density interconnect, and others. Its multilayer and high density interconnect generates maximum revenue for the company. Geographically the company exports its products to Europe, America, Asia, and Other countries of which Germany derives a majority of revenue to the company.

Schweizer Electronic AG (CHIX:SCED) Headlines

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