GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cognor Holding SA (FRA:WO9) » Definitions » Cyclically Adjusted PB Ratio

Cognor Holding (FRA:WO9) Cyclically Adjusted PB Ratio : 1.59 (As of Jun. 28, 2025)


View and export this data going back to 2021. Start your Free Trial

What is Cognor Holding Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Cognor Holding's current share price is €1.696. Cognor Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.07. Cognor Holding's Cyclically Adjusted PB Ratio for today is 1.59.

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

FRA:WO9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.55   Max: 3.09
Current: 1.56

During the past years, Cognor Holding's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 0.27. And the median was 1.55.

FRA:WO9's Cyclically Adjusted PB Ratio is ranked worse than
69.44% of 517 companies
in the Steel industry
Industry Median: 0.86 vs FRA:WO9: 1.56

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.

Cognor Holding's adjusted book value per share data for the three months ended in Mar. 2025 was €1.555. 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 €1.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cognor Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cognor Holding'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.

Cognor Holding Cyclically Adjusted PB Ratio Chart

Cognor Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.45 1.35 2.11 1.55

Cognor Holding Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.09 2.06 1.56 1.55 1.79

Competitive Comparison of Cognor Holding's Cyclically Adjusted PB Ratio

For the Steel subindustry, Cognor Holding'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.


Cognor Holding's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cognor Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Cognor Holding 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.

Cognor Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.696/1.07
=1.59

* 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.

Cognor Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cognor Holding's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.555/157.0208*157.0208
=1.555

Current CPI (Mar. 2025) = 157.0208.

Cognor Holding Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.610 100.448 0.954
201509 0.542 99.634 0.854
201512 0.522 99.471 0.824
201603 0.489 98.983 0.776
201606 0.491 99.552 0.774
201609 0.514 99.064 0.815
201612 0.477 100.366 0.746
201703 0.548 101.018 0.852
201706 0.549 101.180 0.852
201709 0.526 101.343 0.815
201712 0.465 102.564 0.712
201803 0.490 102.564 0.750
201806 0.523 103.378 0.794
201809 0.584 103.378 0.887
201812 0.566 103.785 0.856
201903 0.575 104.274 0.866
201906 0.606 105.983 0.898
201909 0.525 105.983 0.778
201912 0.511 107.123 0.749
202003 0.514 109.076 0.740
202006 0.555 109.402 0.797
202009 0.555 109.320 0.797
202012 0.416 109.565 0.596
202103 0.480 112.658 0.669
202106 0.544 113.960 0.750
202109 0.695 115.588 0.944
202112 0.863 119.088 1.138
202203 1.074 125.031 1.349
202206 1.295 131.705 1.544
202209 1.471 135.531 1.704
202212 1.652 139.113 1.865
202303 1.899 145.950 2.043
202306 1.621 147.009 1.731
202309 1.664 146.113 1.788
202312 1.660 147.741 1.764
202403 1.663 149.044 1.752
202406 1.668 150.997 1.735
202409 1.625 153.439 1.663
202412 1.577 154.660 1.601
202503 1.555 157.021 1.555

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.


Cognor Holding  (FRA:WO9) 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.


Cognor Holding Cyclically Adjusted PB Ratio Related Terms

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


Cognor Holding Business Description

Industry
Traded in Other Exchanges
Address
ul. Zielona 26, Kielce, POL, 25-563
Cognor Holding SA operates in the steel industry. Its activities are divided into four business segments such as; Scrap division focuses on buying, processing, refining and selling of scrap metal and nonferrous scrap. Production division which contributes major revenue is responsible for processing scrap metal into steel billets, as well as converting steel billets and nonferrous scrap into finished products. The Distribution division sells various commodities, such as steel products, steel and nonferrous scrap and steel billets. The Other division includes materials recycling, among others. The firm's products range comprises metal bars, steel sheet, plates, pipes, and rods, as well as sheet zinc and tin plates, among others. Firm's majority revenue comes from Poland.

Cognor Holding Headlines

No Headlines