GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ADF Group Inc (FRA:4QM) » Definitions » Cyclically Adjusted PB Ratio

ADF Group (FRA:4QM) Cyclically Adjusted PB Ratio : 3.91 (As of Jun. 21, 2024)


View and export this data going back to . Start your Free Trial

What is ADF Group Cyclically Adjusted PB Ratio?

As of today (2024-06-21), ADF Group's current share price is €10.40. ADF Group's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €2.66. ADF Group's Cyclically Adjusted PB Ratio for today is 3.91.

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

FRA:4QM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.82   Max: 4.47
Current: 4.07

During the past years, ADF Group's highest Cyclically Adjusted PB Ratio was 4.47. The lowest was 0.20. And the median was 0.82.

FRA:4QM's Cyclically Adjusted PB Ratio is ranked worse than
79.32% of 2186 companies
in the Industrial Products industry
Industry Median: 1.84 vs FRA:4QM: 4.07

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.

ADF Group's adjusted book value per share data for the three months ended in Apr. 2024 was €3.738. 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 €2.66 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ADF Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ADF Group'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.

ADF Group Cyclically Adjusted PB Ratio Chart

ADF Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.47 0.51 0.58 2.10

ADF Group Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.58 1.18 1.38 2.10 3.72

Competitive Comparison of ADF Group's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, ADF Group'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.


ADF Group's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



ADF Group 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.

ADF Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.40/2.66
=3.91

* 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.

ADF Group's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, ADF Group's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=3.738/126.8896*126.8896
=3.738

Current CPI (Apr. 2024) = 126.8896.

ADF Group Quarterly Data

Book Value per Share CPI Adj_Book
201407 2.138 99.315 2.732
201410 2.177 99.473 2.777
201501 2.270 98.209 2.933
201504 2.314 99.710 2.945
201507 2.232 100.579 2.816
201510 2.169 100.500 2.739
201601 2.137 100.184 2.707
201604 2.193 101.370 2.745
201607 2.247 101.844 2.800
201610 2.236 102.002 2.782
201701 2.309 102.318 2.864
201704 2.290 103.029 2.820
201707 2.221 103.029 2.735
201710 2.197 103.424 2.695
201801 1.936 104.056 2.361
201804 1.881 105.320 2.266
201807 1.913 106.110 2.288
201810 2.003 105.952 2.399
201901 1.956 105.557 2.351
201904 2.017 107.453 2.382
201907 2.057 108.243 2.411
201910 1.980 107.927 2.328
202001 1.991 108.085 2.337
202004 1.927 107.216 2.281
202007 1.911 108.401 2.237
202010 1.947 108.638 2.274
202101 1.968 109.192 2.287
202104 2.096 110.851 2.399
202107 2.157 112.431 2.434
202110 2.263 113.695 2.526
202201 2.327 114.801 2.572
202204 2.531 118.357 2.713
202207 2.751 120.964 2.886
202210 2.813 121.517 2.937
202301 2.648 121.596 2.763
202304 2.712 123.571 2.785
202307 2.930 124.914 2.976
202310 3.258 125.310 3.299
202401 3.397 125.072 3.446
202404 3.738 126.890 3.738

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.


ADF Group  (FRA:4QM) 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.


ADF Group Cyclically Adjusted PB Ratio Related Terms

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


ADF Group (FRA:4QM) Business Description

Traded in Other Exchanges
Address
300, rue Henry-Bessemer, Terrebonne, QC, CAN, J6Y 1T3
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators. The company operates in the United States and Canada.

ADF Group (FRA:4QM) Headlines

No Headlines