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Acal (LSE:ACLN) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Acal 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Acal'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.

Acal Cyclically Adjusted PB Ratio Chart

Acal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 3.81 3.91 3.27 2.90

Acal Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 3.91 - 3.27 - 2.90

Competitive Comparison of Acal's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Acal'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.


Acal's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Acal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Acal 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.

Acal's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Acal's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=4.784/131.6000*131.6000
=4.784

Current CPI (Mar24) = 131.6000.

Acal Annual Data

Book Value per Share CPI Adj_Book
201503 1.470 99.600 1.942
201603 1.616 100.400 2.118
201703 1.943 102.700 2.490
201803 2.011 105.100 2.518
201903 2.136 107.000 2.627
202003 3.180 108.600 3.853
202103 3.305 109.700 3.965
202203 4.606 116.500 5.203
202303 4.815 126.800 4.997
202403 4.784 131.600 4.784

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.


Acal  (LSE:ACLN) 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.


Acal Cyclically Adjusted PB Ratio Related Terms

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


Acal (LSE:ACLN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acal PLC (LSE:ACLN) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
2 Chancellor Court, Occam Road, Surrey Research Park, Guildford, Surrey, GBR, GU2 7AH
discoverIE Group PLC is a United Kingdom-based electronics manufacturing company. The company designs, manufactures, and distributes customer-specific electronic components and solutions. The company's segment includes Magnetics and Controls division (M&C) and the Sensing and Connectivity division (S&C). The company generates maximum revenue from the M&C segment. Geographically, the company operates in the UK, Europe, North America, Asia, and the Rest of the world.

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