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SAES Getters SPA (CHIX:SGRM) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is SAES Getters SPA 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


SAES Getters SPA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SAES Getters SPA'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.

SAES Getters SPA Cyclically Adjusted PB Ratio Chart

SAES Getters SPA 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 3.66 2.54 2.46 2.01 2.57

SAES Getters SPA 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 2.50 2.35 2.67 2.57 2.50

Competitive Comparison of SAES Getters SPA's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, SAES Getters SPA'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.


SAES Getters SPA's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SAES Getters SPA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SAES Getters SPA 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.

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

For example, SAES Getters SPA'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)
=44.603/120.2000*120.2000
=44.603

Current CPI (Mar. 2024) = 120.2000.

SAES Getters SPA Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.499 100.093 5.403
201409 4.863 99.814 5.856
201412 5.110 99.721 6.159
201503 5.718 99.814 6.886
201506 5.418 100.279 6.494
201509 5.554 100.000 6.676
201512 5.736 99.814 6.908
201603 5.664 99.600 6.835
201606 5.495 99.900 6.612
201609 5.634 100.100 6.765
201612 6.112 100.300 7.325
201703 6.318 101.000 7.519
201706 5.670 101.100 6.741
201709 5.767 101.200 6.850
201712 5.539 101.200 6.579
201803 5.820 101.800 6.872
201806 15.851 102.400 18.606
201809 15.983 102.600 18.725
201812 23.258 102.300 27.328
201903 23.639 102.800 27.640
201906 11.262 103.100 13.130
201909 11.899 102.900 13.900
201912 13.913 102.800 16.268
202003 13.801 102.900 16.121
202006 13.443 102.900 15.703
202009 13.319 102.300 15.649
202012 13.122 102.600 15.373
202103 13.493 103.700 15.640
202106 13.153 104.200 15.173
202109 13.677 104.900 15.672
202112 13.968 106.600 15.750
202203 14.233 110.400 15.496
202206 14.091 112.500 15.055
202209 14.825 114.200 15.604
202212 14.548 119.000 14.695
202303 14.672 118.800 14.845
202306 13.850 119.700 13.908
202309 11.010 120.300 11.001
202312 45.355 119.700 45.544
202403 44.603 120.200 44.603

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.


SAES Getters SPA  (CHIX:SGRm) 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.


SAES Getters SPA Cyclically Adjusted PB Ratio Related Terms

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


SAES Getters SPA (CHIX:SGRM) Business Description

Industry
Traded in Other Exchanges
Address
Viale Italia, 77, Lainate, Milan, ITA, 20020
SAES Getters SPA is a company operating in the technology sector. It develops getters and related components, which are used to remove residual gas in various industrial processes. The operating segments of the company are Metallurgy; Vacuum Technology; Medical; Specialty Chemicals and Packaging.

SAES Getters SPA (CHIX:SGRM) Headlines

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