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Zwack Unicum (FRA:ZWC1) Cyclically Adjusted PB Ratio : 5.01 (As of May. 21, 2024)


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What is Zwack Unicum Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Zwack Unicum's current share price is €60.20. Zwack Unicum's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €12.02. Zwack Unicum's Cyclically Adjusted PB Ratio for today is 5.01.

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

FRA:ZWC1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.55   Med: 3.95   Max: 5.18
Current: 4.98

During the past years, Zwack Unicum's highest Cyclically Adjusted PB Ratio was 5.18. The lowest was 3.55. And the median was 3.95.

FRA:ZWC1's Cyclically Adjusted PB Ratio is ranked worse than
79.01% of 162 companies
in the Beverages - Alcoholic industry
Industry Median: 1.99 vs FRA:ZWC1: 4.98

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.

Zwack Unicum's adjusted book value per share data for the three months ended in Dec. 2023 was €11.882. 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 €12.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zwack Unicum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zwack Unicum'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.

Zwack Unicum Cyclically Adjusted PB Ratio Chart

Zwack Unicum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 3.85 3.97 3.97 3.75

Zwack Unicum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 3.75 3.96 3.67 3.85

Competitive Comparison of Zwack Unicum's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Zwack Unicum'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.


Zwack Unicum's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Zwack Unicum's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zwack Unicum 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.

Zwack Unicum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.20/12.02
=5.01

* 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.

Zwack Unicum's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zwack Unicum's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.882/160.3997*160.3997
=11.882

Current CPI (Dec. 2023) = 160.3997.

Zwack Unicum Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.370 100.370 21.366
201406 7.256 100.370 11.596
201409 7.587 100.074 12.161
201412 9.783 98.816 15.880
201503 9.064 99.704 14.582
201506 6.385 100.962 10.144
201509 6.851 99.704 11.022
201512 8.541 99.704 13.740
201603 8.102 99.482 13.063
201606 6.608 100.814 10.514
201609 7.230 100.370 11.554
201612 9.237 101.406 14.611
201703 8.480 102.147 13.316
201706 6.613 102.724 10.326
201709 7.221 102.902 11.256
201712 9.356 103.627 14.482
201803 8.593 104.219 13.225
201806 6.842 105.922 10.361
201809 7.674 106.588 11.548
201812 10.572 106.440 15.932
201903 9.278 108.068 13.771
201906 6.174 109.475 9.046
201909 6.736 109.623 9.856
201912 8.445 110.659 12.241
202003 8.094 112.287 11.562
202006 7.266 112.583 10.352
202009 8.163 113.398 11.546
202012 9.732 113.694 13.730
202103 9.189 116.358 12.667
202106 8.103 118.579 10.961
202109 9.298 119.541 12.476
202112 11.998 122.058 15.767
202203 11.548 126.351 14.660
202206 9.260 132.420 11.217
202209 10.236 143.597 11.434
202212 0.000 152.036 0.000
202303 12.135 158.105 12.311
202306 8.735 158.993 8.812
202309 9.337 161.140 9.294
202312 11.882 160.400 11.882

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.


Zwack Unicum  (FRA:ZWC1) 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.


Zwack Unicum Cyclically Adjusted PB Ratio Related Terms

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


Zwack Unicum (FRA:ZWC1) Business Description

Traded in Other Exchanges
Address
26 Soroksari ut, Budapest, HUN, 1095
Zwack Unicum PLC is a company that operates in the beverage business. The core activity of the company is the production of alcoholic drinks. In addition, it is also involved in the foreign trade and food wholesale division. Its products include wine, whiskey, liquor, vodka and other spirits under the Unicum and Unicum Plum, Futyulos, st. Hubertus, and Izabella Zwack Wine brand names. Geographically, it operates through the region of Hungary and its products are also made available in the region of Europe, USA and in other international markets.

Zwack Unicum (FRA:ZWC1) Headlines

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