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GEA Group AG (HAM:G1A) Cyclically Adjusted PB Ratio : 2.73 (As of Sep. 24, 2024)


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What is GEA Group AG Cyclically Adjusted PB Ratio?

As of today (2024-09-24), GEA Group AG's current share price is €42.80. GEA Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €15.70. GEA Group AG's Cyclically Adjusted PB Ratio for today is 2.73.

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

HAM:G1A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.4   Max: 3.51
Current: 2.77

During the past years, GEA Group AG's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 1.28. And the median was 2.40.

HAM:G1A's Cyclically Adjusted PB Ratio is ranked worse than
69.24% of 1905 companies
in the Industrial Products industry
Industry Median: 1.74 vs HAM:G1A: 2.77

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.

GEA Group AG's adjusted book value per share data for the three months ended in Jun. 2024 was €13.842. 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 €15.70 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GEA Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GEA Group AG'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.

GEA Group AG Cyclically Adjusted PB Ratio Chart

GEA Group AG 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 2.22 2.21 3.49 2.58 2.47

GEA Group AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.52 2.28 2.47 2.55 2.52

Competitive Comparison of GEA Group AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, GEA Group AG'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.


GEA Group AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEA Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GEA Group AG 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.

GEA Group AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.80/15.7
=2.73

* 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.

GEA Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, GEA Group AG's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.842/125.8815*125.8815
=13.842

Current CPI (Jun. 2024) = 125.8815.

GEA Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201409 12.627 99.823 15.923
201412 13.126 99.543 16.599
201503 13.800 99.717 17.421
201506 13.101 100.417 16.423
201509 13.769 100.417 17.261
201512 14.772 99.717 18.648
201603 14.580 100.017 18.350
201606 14.252 100.717 17.813
201609 14.370 101.017 17.907
201612 15.559 101.217 19.350
201703 15.694 101.417 19.480
201706 14.061 102.117 17.333
201709 13.650 102.717 16.728
201712 13.427 102.617 16.471
201803 13.628 102.917 16.669
201806 13.354 104.017 16.161
201809 13.718 104.718 16.490
201812 13.568 104.217 16.388
201903 13.772 104.217 16.635
201906 12.839 105.718 15.288
201909 13.181 106.018 15.651
201912 11.578 105.818 13.773
202003 11.696 105.718 13.927
202006 11.379 106.618 13.435
202009 11.416 105.818 13.581
202012 10.643 105.518 12.697
202103 11.376 107.518 13.319
202106 10.921 108.486 12.672
202109 11.354 109.435 13.060
202112 11.649 110.384 13.285
202203 12.317 113.968 13.605
202206 12.710 115.760 13.821
202209 13.409 118.818 14.206
202212 13.231 119.345 13.956
202303 13.566 122.402 13.952
202306 13.117 123.140 13.409
202309 14.068 124.195 14.259
202312 13.911 123.773 14.148
202403 14.469 125.038 14.567
202406 13.842 125.882 13.842

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.


GEA Group AG  (HAM:G1A) 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.


GEA Group AG Cyclically Adjusted PB Ratio Related Terms

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


GEA Group AG Business Description

Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.

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