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African Dawn Capital (JSE:ADW) Cyclically Adjusted PB Ratio : 0.17 (As of Jun. 19, 2024)


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What is African Dawn Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-19), African Dawn Capital's current share price is R0.13. African Dawn Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb23 was R0.75. African Dawn Capital's Cyclically Adjusted PB Ratio for today is 0.17.

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

JSE:ADW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.26
Current: 0.17

During the past 13 years, African Dawn Capital's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.01. And the median was 0.06.

JSE:ADW's Cyclically Adjusted PB Ratio is ranked better than
94.49% of 399 companies
in the Credit Services industry
Industry Median: 0.93 vs JSE:ADW: 0.17

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.

African Dawn Capital's adjusted book value per share data of for the fiscal year that ended in Feb23 was R-0.586. 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 R0.75 for the trailing ten years ended in Feb23.

Shiller PE for Stocks: The True Measure of Stock Valuation


African Dawn Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for African Dawn Capital'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.

African Dawn Capital Cyclically Adjusted PB Ratio Chart

African Dawn Capital Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.02 0.03 0.16 0.17

African Dawn Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - 0.16 - 0.17 -

Competitive Comparison of African Dawn Capital's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, African Dawn Capital'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.


African Dawn Capital's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



African Dawn Capital 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.

African Dawn Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.13/0.75
=0.17

* 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.

African Dawn Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb23 is calculated as:

For example, African Dawn Capital's adjusted Book Value per Share data for the fiscal year that ended in Feb23 was:

Adj_Book=Book Value per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=-0.586/146.1010*146.1010
=-0.586

Current CPI (Feb23) = 146.1010.

African Dawn Capital Annual Data

Book Value per Share CPI Adj_Book
201402 2.623 93.524 4.098
201502 1.341 97.339 2.013
201602 1.026 104.097 1.440
201702 0.470 110.855 0.619
201802 0.370 115.106 0.470
201902 0.136 119.793 0.166
202002 -0.057 125.243 -0.066
202102 -0.218 128.817 -0.247
202202 -0.421 136.109 -0.452
202302 -0.586 146.101 -0.586

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.


African Dawn Capital  (JSE:ADW) 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.


African Dawn Capital Cyclically Adjusted PB Ratio Related Terms

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African Dawn Capital (JSE:ADW) Business Description

Traded in Other Exchanges
N/A
Address
Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

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