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Trematon Capital Investments (JSE:TMT) Cyclically Adjusted PB Ratio : 0.50 (As of Jun. 14, 2024)


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What is Trematon Capital Investments Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Trematon Capital Investments's current share price is R2.09. Trematon Capital Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 was R4.21. Trematon Capital Investments's Cyclically Adjusted PB Ratio for today is 0.50.

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

JSE:TMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.34   Max: 3.8
Current: 0.47

During the past 13 years, Trematon Capital Investments's highest Cyclically Adjusted PB Ratio was 3.80. The lowest was 0.40. And the median was 1.34.

JSE:TMT's Cyclically Adjusted PB Ratio is ranked better than
63.43% of 1411 companies
in the Real Estate industry
Industry Median: 0.7 vs JSE:TMT: 0.47

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.

Trematon Capital Investments's adjusted book value per share data of for the fiscal year that ended in Aug23 was R3.659. 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 R4.21 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trematon Capital Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trematon Capital Investments'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.

Trematon Capital Investments Cyclically Adjusted PB Ratio Chart

Trematon Capital Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.62 0.89 0.79 0.71

Trematon Capital Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 0.79 - 0.71 -

Competitive Comparison of Trematon Capital Investments's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Trematon Capital Investments'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.


Trematon Capital Investments's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Trematon Capital Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Trematon Capital Investments 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.

Trematon Capital Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.09/4.21
=0.50

* 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.

Trematon Capital Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Trematon Capital Investments's adjusted Book Value per Share data for the fiscal year that ended in Aug23 was:

Adj_Book=Book Value per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=3.659/150.4220*150.4220
=3.659

Current CPI (Aug23) = 150.4220.

Trematon Capital Investments Annual Data

Book Value per Share CPI Adj_Book
201408 1.673 96.794 2.600
201508 2.353 101.154 3.499
201608 2.555 107.476 3.576
201708 3.912 112.381 5.236
201808 4.072 117.831 5.198
201908 4.114 122.954 5.033
202008 4.160 126.660 4.940
202108 4.007 133.003 4.532
202208 3.695 143.536 3.872
202308 3.659 150.422 3.659

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.


Trematon Capital Investments  (JSE:TMT) 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.


Trematon Capital Investments Cyclically Adjusted PB Ratio Related Terms

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


Trematon Capital Investments (JSE:TMT) Business Description

Traded in Other Exchanges
N/A
Address
42 Hans Strijdom Avenue, 3rd Floor, Aria North Wharf, Foreshore, Cape Town, WC, ZAF, 8001
Trematon Capital Investments Ltd operates as an investment holding company. The company's operating segment includes Property investments; Education; UK investments and Corporate and other. The company generates maximum revenue from the Property investments segment. The Property investments segment derived income from the sale of investment property and inventory, rental income on investment property, dividend income, and others.

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