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Cognor Holding (FRA:WO9) Cyclically Adjusted PB Ratio : 1.69 (As of Jun. 02, 2025)


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What is Cognor Holding Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Cognor Holding's current share price is €1.792. Cognor Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.06. Cognor Holding's Cyclically Adjusted PB Ratio for today is 1.69.

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: 1.76

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
75.16% of 475 companies
in the Steel industry
Industry Median: 0.84 vs FRA:WO9: 1.76

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.

Cognor Holding's adjusted book value per share data for the three months ended in Mar. 2025 was €1.506. 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 €1.06 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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.68 1.45 1.35 2.11

Cognor Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.11 2.09 2.06 1.56 1.81

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.


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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
=1.792/1.06
=1.69

* 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)
=1.506/157.0208*157.0208
=1.506

Current CPI (Mar. 2025) = 157.0208.

Cognor Holding Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.617 100.041 0.968
201506 0.591 100.448 0.924
201509 0.525 99.634 0.827
201512 0.506 99.471 0.799
201603 0.473 98.983 0.750
201606 0.475 99.552 0.749
201609 0.498 99.064 0.789
201612 0.462 100.366 0.723
201703 0.531 101.018 0.825
201706 0.531 101.180 0.824
201709 0.509 101.343 0.789
201712 0.451 102.564 0.690
201803 0.474 102.564 0.726
201806 0.506 103.378 0.769
201809 0.565 103.378 0.858
201812 0.548 103.785 0.829
201903 0.557 104.274 0.839
201906 0.587 105.983 0.870
201909 0.509 105.983 0.754
201912 0.495 107.123 0.726
202003 0.497 109.076 0.715
202006 0.537 109.402 0.771
202009 0.537 109.320 0.771
202012 0.402 109.565 0.576
202103 0.465 112.658 0.648
202106 0.527 113.960 0.726
202109 0.673 115.588 0.914
202112 0.836 119.088 1.102
202203 1.040 125.031 1.306
202206 1.254 131.705 1.495
202209 1.424 135.531 1.650
202212 1.600 139.113 1.806
202303 1.840 145.950 1.980
202306 1.569 147.009 1.676
202309 1.611 146.113 1.731
202312 1.608 147.741 1.709
202403 1.610 149.044 1.696
202406 1.616 150.997 1.680
202409 1.574 153.439 1.611
202503 1.506 157.021 1.506

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

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