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Celadon Group (FRA:CG2) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Celadon Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Celadon Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Celadon 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.

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Celadon Group Cyclically Adjusted PB Ratio Chart

Celadon Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Cyclically Adjusted PB Ratio
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Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Celadon Group's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Celadon 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.


Celadon Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Celadon 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.

Celadon Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Celadon Group's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=12.366/101.8627*101.8627
=12.366

Current CPI (Dec. 2016) = 101.8627.

Celadon Group Quarterly Data

Book Value per Share CPI Adj_Book
200703 4.524 86.640 5.319
200706 4.638 87.906 5.374
200709 4.580 87.964 5.304
200712 4.412 88.616 5.072
200803 4.147 90.090 4.689
200806 4.229 92.320 4.666
200809 4.608 92.307 5.085
200812 4.810 88.697 5.524
200903 4.889 89.744 5.549
200906 4.303 91.003 4.816
200909 4.522 91.120 5.055
200912 4.583 91.111 5.124
201003 4.966 91.821 5.509
201006 5.541 91.962 6.138
201009 5.439 92.162 6.012
201012 5.523 92.474 6.084
201103 5.308 94.283 5.735
201106 5.018 95.235 5.367
201109 5.304 95.727 5.644
201112 5.716 95.213 6.115
201203 6.204 96.783 6.530
201206 6.473 96.819 6.810
201209 6.650 97.633 6.938
201212 6.854 96.871 7.207
201303 7.330 98.209 7.603
201306 7.162 98.518 7.405
201309 7.337 98.790 7.565
201312 7.290 98.326 7.552
201403 7.209 99.695 7.366
201406 7.923 100.560 8.026
201409 8.492 100.428 8.613
201412 8.973 99.070 9.226
201503 10.399 99.621 10.633
201506 11.724 100.684 11.861
201509 11.773 100.392 11.946
201512 11.942 99.792 12.190
201603 12.092 100.470 12.260
201606 11.809 101.688 11.829
201609 11.592 101.861 11.592
201612 12.366 101.863 12.366

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.


Celadon Group  (FRA:CG2) 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.


Celadon Group Cyclically Adjusted PB Ratio Related Terms

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Celadon Group (FRA:CG2) Business Description

Traded in Other Exchanges
N/A
Address
9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.

Celadon Group (FRA:CG2) Headlines

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