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Gesco SE (FRA:GSC1) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 09, 2024)


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What is Gesco SE Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Gesco SE's current share price is €17.75. Gesco SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.72. Gesco SE's Cyclically Adjusted PB Ratio for today is 0.75.

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

FRA:GSC1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.16   Max: 2.44
Current: 0.76

During the past years, Gesco SE's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 0.63. And the median was 1.16.

FRA:GSC1's Cyclically Adjusted PB Ratio is ranked better than
81.68% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs FRA:GSC1: 0.76

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.

Gesco SE's adjusted book value per share data for the three months ended in Mar. 2024 was €25.283. 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 €23.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gesco SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gesco SE'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.

Gesco SE Cyclically Adjusted PB Ratio Chart

Gesco SE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.00 1.28 1.09 0.79

Gesco SE 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 1.16 1.07 0.90 0.79 0.73

Competitive Comparison of Gesco SE's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Gesco SE'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.


Gesco SE's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Gesco SE 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.

Gesco SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.75/23.72
=0.75

* 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.

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

For example, Gesco SE'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)
=25.283/125.0381*125.0381
=25.283

Current CPI (Mar. 2024) = 125.0381.

Gesco SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.834 99.543 21.146
201409 16.324 99.823 20.448
201412 16.700 99.543 20.977
201503 16.869 99.717 21.153
201506 17.118 100.417 21.315
201509 17.076 100.417 21.263
201512 17.577 99.717 22.040
201603 18.054 100.017 22.571
201606 18.227 100.717 22.628
201609 17.511 101.017 21.675
201612 17.969 101.217 22.198
201703 18.352 101.417 22.626
201706 18.860 102.117 23.093
201709 18.868 102.717 22.968
201712 19.362 102.617 23.592
201803 20.183 102.917 24.521
201806 19.974 104.017 24.011
201809 19.899 104.718 23.760
201812 20.556 104.217 24.663
201903 21.718 104.217 26.057
201906 21.638 105.718 25.592
201909 21.425 106.018 25.269
201912 21.760 105.818 25.712
202003 21.800 105.718 25.784
202006 19.880 106.618 23.315
202009 20.285 105.818 23.970
202012 19.894 105.518 23.574
202103 20.360 107.518 23.678
202106 20.721 108.486 23.883
202109 21.324 109.435 24.364
202112 22.443 110.384 25.423
202203 23.093 113.968 25.336
202206 24.017 115.760 25.942
202209 24.001 118.818 25.257
202212 24.411 119.345 25.575
202303 25.123 122.402 25.664
202306 24.457 123.140 24.834
202309 25.080 124.195 25.250
202312 25.094 123.773 25.351
202403 25.283 125.038 25.283

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.


Gesco SE  (FRA:GSC1) 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.


Gesco SE Cyclically Adjusted PB Ratio Related Terms

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


Gesco SE (FRA:GSC1) Business Description

Industry
Traded in Other Exchanges
Address
Johannisberg 7, Wuppertal, DEU, 42103
Gesco SE is an industrial goods manufacturer in Germany. The company acquires industrial small and medium-sized enterprises. It functions through three segments, Production Process Technology, Resource Technology and Healthcare and Infrastructure Technology. The Production Process Technology, Resource Technology segment offers products and services for various' production processes; the Resource Technology segment includes companies that supply material-intensive companies; and the Healthcare and Infrastructure segment supply companies in mass consumer markets such as the medical, hygiene, food or sanitary sectors.

Gesco SE (FRA:GSC1) Headlines

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