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PCC Rokita (FRA:229) Cyclically Adjusted PB Ratio : 1.62 (As of Jun. 06, 2024)


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What is PCC Rokita Cyclically Adjusted PB Ratio?

As of today (2024-06-06), PCC Rokita's current share price is €20.70. PCC Rokita's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.77. PCC Rokita's Cyclically Adjusted PB Ratio for today is 1.62.

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

FRA:229' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 1.72   Max: 2.04
Current: 1.59

During the past years, PCC Rokita's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 1.59. And the median was 1.72.

FRA:229's Cyclically Adjusted PB Ratio is ranked better than
52.73% of 1189 companies
in the Chemicals industry
Industry Median: 1.69 vs FRA:229: 1.59

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.

PCC Rokita's adjusted book value per share data for the three months ended in Mar. 2024 was €16.641. 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 €12.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCC Rokita Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PCC Rokita'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.

PCC Rokita Cyclically Adjusted PB Ratio Chart

PCC Rokita 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 - - - - 1.73

PCC Rokita 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 - 1.91 1.72 1.73 1.84

Competitive Comparison of PCC Rokita's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, PCC Rokita'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.


PCC Rokita's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCC Rokita's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PCC Rokita 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.

PCC Rokita's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.70/12.77
=1.62

* 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.

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

For example, PCC Rokita'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)
=16.641/149.0435*149.0435
=16.641

Current CPI (Mar. 2024) = 149.0435.

PCC Rokita Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 101.180 0.000
201409 6.654 100.611 9.857
201412 6.984 100.122 10.397
201503 7.045 100.041 10.496
201506 6.387 100.448 9.477
201509 6.696 99.634 10.017
201512 7.167 99.471 10.739
201603 7.521 98.983 11.325
201606 6.885 99.552 10.308
201609 7.249 99.064 10.906
201612 8.519 100.366 12.651
201703 8.922 101.018 13.164
201706 7.619 101.180 11.223
201709 7.923 101.343 11.652
201712 8.892 102.564 12.922
201803 9.647 102.564 14.019
201806 8.210 103.378 11.837
201809 8.843 103.378 12.749
201812 9.622 103.785 13.818
201903 10.074 104.274 14.399
201906 8.160 105.983 11.475
201909 8.610 105.983 12.108
201912 8.773 107.123 12.206
202003 8.966 109.076 12.251
202006 8.329 109.402 11.347
202009 8.675 109.320 11.827
202012 9.369 109.565 12.745
202103 10.199 112.658 13.493
202106 10.401 113.960 13.603
202109 11.310 115.588 14.584
202112 13.462 119.088 16.848
202203 14.940 125.031 17.809
202206 13.210 131.705 14.949
202209 14.962 135.531 16.454
202212 18.377 139.113 19.689
202303 20.050 145.950 20.475
202306 15.110 147.009 15.319
202309 15.471 146.113 15.781
202312 16.451 147.741 16.596
202403 16.641 149.044 16.641

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.


PCC Rokita  (FRA:229) 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.


PCC Rokita Cyclically Adjusted PB Ratio Related Terms

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


PCC Rokita (FRA:229) Business Description

Industry
Traded in Other Exchanges
Address
ul. Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Rokita SA is engaged in manufacturing chemicals. Its products include Polyols, Chloralkali, Chlorobenzene, Phosphorus derivatives, and Naphthalene derivatives. It serves adhesives, agrochemicals, building and construction, case, detergents, fire prevention, food and fuel industry, furniture, I&I cleaning, lubricants and functional fluids, metallurgical, mining and drilling, oilfield, paints and coatings, personal care, pharmaceuticals, plastics, power, printing ink, pulp and paper, raw materials and intermediates, refrigeration and household appliances, sports and recreation, tanning and textile, transportation, and water and wastewater treatment industries.

PCC Rokita (FRA:229) Headlines

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