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Logicom Public (CYS:LOG) Cyclically Adjusted PB Ratio : 1.38 (As of Jun. 13, 2024)


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What is Logicom Public Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Logicom Public's current share price is €3.10. Logicom Public's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.24. Logicom Public's Cyclically Adjusted PB Ratio for today is 1.38.

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

CYS:LOG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.15   Max: 1.57
Current: 1.4

During the past years, Logicom Public's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.97. And the median was 1.15.

CYS:LOG's Cyclically Adjusted PB Ratio is ranked better than
57.65% of 1901 companies
in the Hardware industry
Industry Median: 1.66 vs CYS:LOG: 1.40

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.

Logicom Public's adjusted book value per share data for the three months ended in Mar. 2024 was €4.018. 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 €2.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logicom Public Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Logicom Public'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.

Logicom Public Cyclically Adjusted PB Ratio Chart

Logicom Public 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 - - 1.10 1.06 1.41

Logicom Public 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 1.10 1.14 1.41 1.41 1.32

Competitive Comparison of Logicom Public's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Logicom Public'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.


Logicom Public's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Logicom Public 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.

Logicom Public's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.10/2.24
=1.38

* 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.

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

For example, Logicom Public'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)
=4.018/131.7762*131.7762
=4.018

Current CPI (Mar. 2024) = 131.7762.

Logicom Public Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.816 100.560 1.069
201409 0.803 100.428 1.054
201412 0.855 99.070 1.137
201503 0.909 99.621 1.202
201506 0.929 100.684 1.216
201509 0.918 100.392 1.205
201512 0.980 99.792 1.294
201603 1.014 100.470 1.330
201606 1.059 101.688 1.372
201609 1.033 101.861 1.336
201612 1.134 101.863 1.467
201703 1.161 102.862 1.487
201706 1.176 103.349 1.499
201709 1.148 104.136 1.453
201712 1.206 104.011 1.528
201803 1.308 105.290 1.637
201806 1.408 106.317 1.745
201809 1.380 106.507 1.707
201812 1.421 105.998 1.767
201903 1.534 107.251 1.885
201906 1.496 108.070 1.824
201909 1.557 108.329 1.894
201912 2.205 108.420 2.680
202003 2.235 108.902 2.704
202006 2.292 108.767 2.777
202009 2.332 109.815 2.798
202012 2.386 109.897 2.861
202103 2.517 111.754 2.968
202106 2.598 114.631 2.987
202109 2.615 115.734 2.977
202112 2.719 117.630 3.046
202203 2.821 121.301 3.065
202206 3.027 125.017 3.191
202209 3.101 125.227 3.263
202212 3.174 125.222 3.340
202303 3.293 127.348 3.408
202306 3.519 128.729 3.602
202309 3.680 129.860 3.734
202312 3.802 129.419 3.871
202403 4.018 131.776 4.018

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.


Logicom Public  (CYS:LOG) 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.


Logicom Public Cyclically Adjusted PB Ratio Related Terms

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


Logicom Public (CYS:LOG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003
Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

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