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Palms Agro Production Co (KUW:PAPCO) Cyclically Adjusted PB Ratio : 1.51 (As of Jan. 19, 2025)


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What is Palms Agro Production Co Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Palms Agro Production Co's current share price is KWD0.226. Palms Agro Production Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was KWD0.15. Palms Agro Production Co's Cyclically Adjusted PB Ratio for today is 1.51.

The historical rank and industry rank for Palms Agro Production Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:PAPCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.97   Max: 2.01
Current: 1.5

During the past years, Palms Agro Production Co's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.43. And the median was 0.97.

KUW:PAPCO's Cyclically Adjusted PB Ratio is ranked worse than
53.14% of 1272 companies
in the Consumer Packaged Goods industry
Industry Median: 1.38 vs KUW:PAPCO: 1.50

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.

Palms Agro Production Co's adjusted book value per share data for the three months ended in Sep. 2024 was KWD0.105. 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 KWD0.15 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palms Agro Production Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Palms Agro Production Co'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.

Palms Agro Production Co Cyclically Adjusted PB Ratio Chart

Palms Agro Production Co Annual Data
Trend Dec12 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 - - - - 0.52

Palms Agro Production Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.51 0.52 1.16 1.11 1.42

Competitive Comparison of Palms Agro Production Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Palms Agro Production Co'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.


Palms Agro Production Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Palms Agro Production Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Palms Agro Production Co's Cyclically Adjusted PB Ratio falls into.



Palms Agro Production Co 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.

Palms Agro Production Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.226/0.15
=1.51

* 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.

Palms Agro Production Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Palms Agro Production Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.105/133.0289*133.0289
=0.105

Current CPI (Sep. 2024) = 133.0289.

Palms Agro Production Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 100.428 0.000
201503 0.167 99.621 0.223
201506 0.164 100.684 0.217
201509 0.166 100.392 0.220
201512 0.172 99.792 0.229
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.174 101.863 0.227
201703 0.175 102.862 0.226
201706 0.164 103.349 0.211
201709 0.163 104.136 0.208
201712 0.140 104.011 0.179
201803 0.153 105.290 0.193
201806 0.143 106.317 0.179
201809 0.141 106.507 0.176
201812 0.130 105.998 0.163
201903 0.141 107.251 0.175
201906 0.129 108.070 0.159
201909 0.129 108.329 0.158
201912 0.127 108.420 0.156
202003 0.113 108.902 0.138
202006 0.110 108.767 0.135
202009 0.110 109.815 0.133
202012 0.122 109.897 0.148
202103 0.116 111.754 0.138
202106 0.113 114.631 0.131
202109 0.110 115.734 0.126
202112 0.097 117.630 0.110
202203 0.098 121.301 0.107
202206 0.099 125.017 0.105
202209 0.100 125.227 0.106
202212 0.102 125.222 0.108
202303 0.103 127.348 0.108
202306 0.104 128.729 0.107
202309 0.105 129.860 0.108
202312 0.106 129.419 0.109
202403 0.107 131.776 0.108
202406 0.103 132.554 0.103
202409 0.105 133.029 0.105

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.


Palms Agro Production Co  (KUW:PAPCO) 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.


Palms Agro Production Co Cyclically Adjusted PB Ratio Related Terms

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


Palms Agro Production Co Business Description

Traded in Other Exchanges
N/A
Address
Al Rai- Fourth Ring Road, P.O Box: 1976, Block 56, Safat, Kuwait, KWT, 13020
Palms Agro Production Co is engaged in the business of import and export of agricultural supplies, management of nurseries and farms and reclamation and developing of agricultural land among other businesses. It operates in Commercial, Projects, and Investment segments. The Commercial segment includes the production and sale of nurseries and ornamental plants. The Project segment provides gardening and maintenance services. The investment in an associate, term deposits and equity securities. Majority of the revenue comes from Commercial segment.

Palms Agro Production Co Headlines

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