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Masi Agricola SpA (FRA:0CY) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is Masi Agricola SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Masi Agricola SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Masi Agricola 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.

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Masi Agricola SpA Cyclically Adjusted PB Ratio Chart

Masi Agricola SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Masi Agricola SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Masi Agricola SpA's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Masi Agricola 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.


Masi Agricola SpA's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Masi Agricola SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Masi Agricola SpA's Cyclically Adjusted PB Ratio falls into.



Masi Agricola 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.

Masi Agricola SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Masi Agricola SpA's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=4.179/119.0000*119.0000
=4.179

Current CPI (Dec22) = 119.0000.

Masi Agricola SpA Annual Data

Book Value per Share CPI Adj_Book
0.000 0.000
201412 2.517 99.721 3.004
201512 3.275 99.814 3.905
201612 3.577 100.300 4.244
201712 3.672 101.200 4.318
201812 3.825 102.300 4.449
201912 3.857 102.800 4.465
202012 3.863 102.600 4.480
202112 4.073 106.600 4.547
202212 4.179 119.000 4.179

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.


Masi Agricola SpA  (FRA:0CY) 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.


Masi Agricola SpA Cyclically Adjusted PB Ratio Related Terms

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Masi Agricola SpA (FRA:0CY) Business Description

Traded in Other Exchanges
Address
Via Monteleone 26, Gargagnago di Valpolicella, Verona, ITA, 37015
Masi Agricola SpA manufactures and distributes wines. The company operates in more than 100 countries.

Masi Agricola SpA (FRA:0CY) Headlines

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