GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GEK Terna Holding Real Estate Construction SA (OTCPK:GKTRF) » Definitions » Cyclically Adjusted PB Ratio

GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Cyclically Adjusted PB Ratio : 2.50 (As of Jun. 10, 2024)


View and export this data going back to 2014. Start your Free Trial

What is GEK Terna Holding Real Estate Construction Cyclically Adjusted PB Ratio?

As of today (2024-06-10), GEK Terna Holding Real Estate Construction's current share price is $16.80. GEK Terna Holding Real Estate Construction's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $6.71. GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio for today is 2.50.

The historical rank and industry rank for GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio or its related term are showing as below:

GKTRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.47   Max: 2.69
Current: 2.65

During the past 13 years, GEK Terna Holding Real Estate Construction's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 0.44. And the median was 1.47.

GKTRF's Cyclically Adjusted PB Ratio is ranked worse than
79.19% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs GKTRF: 2.65

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.

GEK Terna Holding Real Estate Construction's adjusted book value per share data of for the fiscal year that ended in Dec23 was $11.030. 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 $6.71 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GEK Terna Holding Real Estate Construction Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GEK Terna Holding Real Estate Construction'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.

GEK Terna Holding Real Estate Construction Cyclically Adjusted PB Ratio Chart

GEK Terna Holding Real Estate Construction 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 1.60 1.73 1.95 1.94 2.10

GEK Terna Holding Real Estate Construction Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.95 - 1.94 - 2.10

Competitive Comparison of GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, GEK Terna Holding Real Estate Construction'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.


GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio falls into.



GEK Terna Holding Real Estate Construction 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.

GEK Terna Holding Real Estate Construction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.80/6.71
=2.50

* 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.

GEK Terna Holding Real Estate Construction's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, GEK Terna Holding Real Estate Construction's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.03/116.3641*116.3641
=11.030

Current CPI (Dec23) = 116.3641.

GEK Terna Holding Real Estate Construction Annual Data

Book Value per Share CPI Adj_Book
201412 4.833 100.254 5.610
201512 3.802 100.087 4.420
201612 4.123 100.110 4.792
201712 5.890 100.762 6.802
201812 5.628 101.330 6.463
201912 5.662 102.120 6.452
202012 6.470 99.751 7.548
202112 7.002 104.853 7.771
202212 9.415 112.428 9.745
202312 11.030 116.364 11.030

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.


GEK Terna Holding Real Estate Construction  (OTCPK:GKTRF) 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.


GEK Terna Holding Real Estate Construction Cyclically Adjusted PB Ratio Related Terms

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


GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Business Description

Traded in Other Exchanges
Address
85, Mesogeion Avenue, Athens, GRC, 115 26
GEK Terna Holding Real Estate Construction SA is a building construction company engaged in the development and management of investment property. The firm constructs property of any kind, manages self-financed or co-financed projects, operates energy projects, as well as its, participates in companies having similar activities. It operates in seven business segments, Construction, Electricity from RES, Electricity from thermal energy, Real Estate, Industry, Concessions, and Holding. Construction refers to contracts for the construction of technical projects. GEK Terna operates in over 14 countries including Greece, Central and Southeastern Europe, the USA, North Africa, and the Middle East.

GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Headlines

No Headlines