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Bauer AG (FRA:B5A) Cyclically Adjusted PB Ratio : 0.25 (As of Jun. 10, 2024)


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What is Bauer AG Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Bauer AG's current share price is €6.12. Bauer AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €24.31. Bauer AG's Cyclically Adjusted PB Ratio for today is 0.25.

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

FRA:B5A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.46   Max: 0.96
Current: 0.25

During the past years, Bauer AG's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.23. And the median was 0.46.

FRA:B5A's Cyclically Adjusted PB Ratio is ranked better than
91.46% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs FRA:B5A: 0.25

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.

Bauer AG's adjusted book value per share data for the three months ended in Jun. 2023 was €18.183. 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 €24.31 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bauer AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bauer AG'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.

Bauer AG Cyclically Adjusted PB Ratio Chart

Bauer AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.59 0.41 0.42 0.24

Bauer AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.36 0.26 0.24 0.26 0.25

Competitive Comparison of Bauer AG's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Bauer AG'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.


Bauer AG's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bauer AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bauer AG 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.

Bauer AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.12/24.31
=0.25

* 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.

Bauer AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Bauer AG's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=18.183/123.1404*123.1404
=18.183

Current CPI (Jun. 2023) = 123.1404.

Bauer AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 21.555 98.983 26.816
201312 21.549 99.356 26.708
201403 20.858 99.543 25.803
201406 20.568 99.543 25.444
201409 21.037 99.823 25.951
201412 21.674 99.543 26.812
201503 21.549 99.717 26.611
201506 21.974 100.417 26.947
201509 21.675 100.417 26.580
201512 23.820 99.717 29.415
201603 22.244 100.017 27.387
201606 22.021 100.717 26.924
201609 21.854 101.017 26.640
201612 23.332 101.217 28.386
201703 23.168 101.417 28.131
201706 22.684 102.117 27.354
201709 22.765 102.717 27.291
201712 22.552 102.617 27.062
201803 21.807 102.917 26.092
201806 22.407 104.017 26.526
201809 22.673 104.718 26.662
201812 23.248 104.217 27.469
201903 22.887 104.217 27.043
201906 22.535 105.718 26.249
201909 22.191 106.018 25.775
201912 20.724 105.818 24.117
202003 20.094 105.718 23.406
202006 17.876 106.618 20.646
202009 17.207 105.818 20.024
202012 19.796 105.518 23.102
202103 14.177 107.518 16.237
202106 16.957 108.486 19.248
202109 17.081 109.435 19.220
202112 18.063 110.384 20.151
202203 18.463 113.968 19.949
202206 20.139 115.760 21.423
202209 20.485 118.818 21.230
202212 14.507 119.345 14.968
202303 18.233 122.402 18.343
202306 18.183 123.140 18.183

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.


Bauer AG  (FRA:B5A) 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.


Bauer AG Cyclically Adjusted PB Ratio Related Terms

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


Bauer AG (FRA:B5A) Business Description

Industry
Traded in Other Exchanges
Address
BAUER-Strasse 1, Schrobenhausen, BY, DEU, 86529
Bauer AG along with its subsidiaries provides construction and engineering. The operations of the Group are divided into four business segments Construction, Equipment, Resources, and Corporate Services segment. The construction segment includes executing complex excavation pits and foundations for large-scale infrastructure projects and buildings, as well as cut-off walls and soil improvements. The majority is from the Construction segment.

Bauer AG (FRA:B5A) Headlines

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