First Prudential Modaraba (KAR:PMI) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2024)

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What is First Prudential Modaraba Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

First Prudential Modaraba does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

First Prudential Modaraba Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Prudential Modaraba'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.

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First Prudential Modaraba Cyclically Adjusted PB Ratio Chart

First Prudential Modaraba Annual Data

Trend

Cyclically Adjusted PB Ratio

First Prudential Modaraba Quarterly Data

Cyclically Adjusted PB Ratio

Competitive Comparison of First Prudential Modaraba's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, First Prudential Modaraba'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.

First Prudential Modaraba's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, First Prudential Modaraba's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where First Prudential Modaraba's Cyclically Adjusted PB Ratio falls into.

First Prudential Modaraba 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.

First Prudential Modaraba does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

First Prudential Modaraba (KAR:PMI) 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.

First Prudential Modaraba Cyclically Adjusted PB Ratio Related Terms

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First Prudential Modaraba (KAR:PMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » First Prudential Modaraba (KAR:PMI) » Definitions » Cyclically Adjusted PB Ratio

Traded in Other Exchanges

N/A

Address

3rd Floor, Horizon Vista, Plot No: Commercial 10, Block No: 4, Clifton, Scheme No.5, Karachi, PAK

Website

https://www.firstprudentialmodaraba.com

First Prudential Modaraba is managed by Prudential Capital Management Limited. It provides various Islamic funding & businesses including ijarah financing, deployment of the fund in musharika, morabaha, and investment in securities. It provides financial assistance for working capital needs, Ijaraha of all types of assets with special emphasis on vehicle and industrial machinery, including securitization of lease portfolio of leasing companies and commercial activities including syndication and leveraged leasing, underwriting of public issue of shares.

First Prudential Modaraba (KAR:PMI) Headlines

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