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ACL Cables (COL:ACL.N0000) Cyclically Adjusted PB Ratio : 1.42 (As of Jun. 24, 2024)


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What is ACL Cables Cyclically Adjusted PB Ratio?

As of today (2024-06-24), ACL Cables's current share price is රු85.50. ACL Cables's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු60.02. ACL Cables's Cyclically Adjusted PB Ratio for today is 1.42.

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

COL:ACL.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.37   Max: 2.84
Current: 1.42

During the past years, ACL Cables's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 0.73. And the median was 1.37.

COL:ACL.N0000's Cyclically Adjusted PB Ratio is ranked better than
59.53% of 2187 companies
in the Industrial Products industry
Industry Median: 1.84 vs COL:ACL.N0000: 1.42

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.

ACL Cables's adjusted book value per share data for the three months ended in Dec. 2023 was රු106.217. 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 රු60.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACL Cables Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACL Cables'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.

ACL Cables Cyclically Adjusted PB Ratio Chart

ACL Cables Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.24 1.50

ACL Cables Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 1.35 1.50 1.37 1.33 1.15

Competitive Comparison of ACL Cables's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, ACL Cables'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.


ACL Cables's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ACL Cables's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ACL Cables 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.

ACL Cables's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.50/60.02
=1.42

* 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.

ACL Cables's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ACL Cables's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=106.217/129.4194*129.4194
=106.217

Current CPI (Dec. 2023) = 129.4194.

ACL Cables Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.461 99.695 33.052
201406 0.000 100.560 0.000
201409 26.121 100.428 33.662
201412 27.104 99.070 35.407
201503 30.846 99.621 40.073
201506 31.954 100.684 41.074
201509 32.638 100.392 42.075
201512 33.719 99.792 43.730
201603 35.251 100.470 45.408
201606 36.528 101.688 46.490
201609 37.353 101.861 47.459
201612 38.528 101.863 48.951
201703 38.949 102.862 49.005
201706 38.914 103.349 48.730
201709 39.041 104.136 48.520
201712 40.103 104.011 49.900
201803 43.112 105.290 52.992
201806 43.475 106.317 52.922
201809 43.090 106.507 52.360
201812 44.121 105.998 53.870
201903 43.998 107.251 53.092
201906 44.374 108.070 53.140
201909 44.665 108.329 53.361
201912 46.049 108.420 54.968
202003 46.905 108.902 55.742
202006 46.769 108.767 55.649
202009 47.927 109.815 56.483
202012 49.426 109.897 58.206
202103 55.652 111.754 64.449
202106 56.987 114.631 64.339
202109 59.531 115.734 66.570
202112 65.061 117.630 71.582
202203 72.699 121.301 77.565
202206 86.197 125.017 89.233
202209 90.748 125.227 93.786
202212 94.869 125.222 98.049
202303 98.091 127.348 99.687
202306 100.367 128.729 100.906
202309 102.364 129.860 102.017
202312 106.217 129.419 106.217

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.


ACL Cables  (COL:ACL.N0000) 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.


ACL Cables Cyclically Adjusted PB Ratio Related Terms

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


ACL Cables (COL:ACL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 60, Rodney Street, Colombo, LKA, 08
ACL Cables PLC is engaged in the manufacturing of cables and conductors. The company's operating segment includes Manufacturing cables; Manufacturing Polyvinyl chloride (PVC) compound and Others. It generates maximum revenue from the Manufacturing cables segment. Geographically, it derives a majority of revenue from Sri Lanka. Some of the products include building wires, control cables, service wires, telecommunication cables, auto cables, flexible cables, switches, sockets, fans, low voltage switch series, and others.

ACL Cables (COL:ACL.N0000) Headlines

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