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Zentek (FRA:ZAY0) Cyclically Adjusted PB Ratio : 6.08 (As of May. 01, 2025)


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What is Zentek Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Zentek's current share price is €1.52. Zentek's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.25. Zentek's Cyclically Adjusted PB Ratio for today is 6.08.

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

FRA:ZAY0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 4.97   Max: 18
Current: 6.16

During the past years, Zentek's highest Cyclically Adjusted PB Ratio was 18.00. The lowest was 1.98. And the median was 4.97.

FRA:ZAY0's Cyclically Adjusted PB Ratio is ranked worse than
87.2% of 492 companies
in the Medical Devices & Instruments industry
Industry Median: 1.815 vs FRA:ZAY0: 6.16

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.

Zentek's adjusted book value per share data for the three months ended in Dec. 2024 was €0.104. 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 €0.25 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zentek Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zentek'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.

Zentek Cyclically Adjusted PB Ratio Chart

Zentek Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 7.18 9.95 5.18 4.21

Zentek Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.74 4.21 3.65 2.47 3.62

Competitive Comparison of Zentek's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Zentek'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.


Zentek's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zentek's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zentek 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.

Zentek's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.52/0.25
=6.08

* 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.

Zentek's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Zentek's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.104/127.3637*127.3637
=0.104

Current CPI (Dec. 2024) = 127.3637.

Zentek Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.265 99.789 0.338
201506 0.259 100.500 0.328
201509 0.252 100.421 0.320
201512 0.247 99.947 0.315
201603 0.247 101.054 0.311
201606 0.264 102.002 0.330
201609 0.256 101.765 0.320
201612 0.262 101.449 0.329
201703 0.252 102.634 0.313
201706 0.237 103.029 0.293
201709 0.240 103.345 0.296
201712 0.232 103.345 0.286
201803 0.218 105.004 0.264
201806 0.227 105.557 0.274
201809 0.223 105.636 0.269
201812 0.223 105.399 0.269
201903 0.222 106.979 0.264
201906 0.220 107.690 0.260
201909 0.225 107.611 0.266
201912 0.224 107.769 0.265
202003 0.207 107.927 0.244
202006 0.212 108.401 0.249
202009 0.209 108.164 0.246
202012 0.208 108.559 0.244
202103 0.213 110.298 0.246
202106 0.240 111.720 0.274
202109 0.220 112.905 0.248
202112 0.046 113.774 0.051
202203 0.300 117.646 0.325
202206 0.229 120.806 0.241
202209 0.217 120.648 0.229
202212 0.181 120.964 0.191
202303 0.208 122.702 0.216
202306 0.196 124.203 0.201
202309 0.171 125.230 0.174
202312 0.152 125.072 0.155
202403 0.136 126.258 0.137
202406 0.123 127.522 0.123
202409 0.119 127.285 0.119
202412 0.104 127.364 0.104

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.


Zentek  (FRA:ZAY0) 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.


Zentek Cyclically Adjusted PB Ratio Related Terms

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


Zentek Business Description

Traded in Other Exchanges
Address
24 Corporate Court, Guelph, ON, CAN, N1G 5G5
Zentek Ltd is an IP development and commercialization company focused on next-gen healthcare solutions in the areas of prevention, detection, and treatment. It is focused on commercializing ZENGuard, a patent-pending coating with 99% antimicrobial activity, including against COVID-19, and the potential to use similar compounds as pharmaceutical products against infectious diseases.

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