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Dvarcioniu Keramika AB (LTS:0E5J) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is Dvarcioniu Keramika AB 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


Dvarcioniu Keramika AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dvarcioniu Keramika AB'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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Dvarcioniu Keramika AB Cyclically Adjusted PB Ratio Chart

Dvarcioniu Keramika AB Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Dvarcioniu Keramika AB Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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Competitive Comparison of Dvarcioniu Keramika AB's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Dvarcioniu Keramika AB'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.


Dvarcioniu Keramika AB's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dvarcioniu Keramika AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dvarcioniu Keramika AB 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.

Dvarcioniu Keramika AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec15 is calculated as:

For example, Dvarcioniu Keramika AB's adjusted Book Value per Share data for the fiscal year that ended in Dec15 was:

Adj_Book=Book Value per Share/CPI of Dec15 (Change)*Current CPI (Dec15)
=0.495/99.7924*99.7924
=0.495

Current CPI (Dec15) = 99.7924.

Dvarcioniu Keramika AB Annual Data

Book Value per Share CPI Adj_Book
200612 0.390 85.142 0.457
200712 0.395 88.616 0.445
200812 0.605 88.697 0.681
200912 0.439 91.111 0.481
201012 0.521 92.474 0.562
201112 0.397 95.213 0.416
201212 0.255 96.871 0.263
201312 0.134 98.326 0.136
201412 -0.047 99.070 -0.047
201512 0.495 99.792 0.495

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.


Dvarcioniu Keramika AB  (LTS:0E5J) 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.


Dvarcioniu Keramika AB Cyclically Adjusted PB Ratio Related Terms

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Dvarcioniu Keramika AB (LTS:0E5J) Business Description

Traded in Other Exchanges
N/A
Address
Dvarcioniu Keramika AB is engaged in manufacturing of ceramic and stone tiles. It offers tiles including glazed ceramic walls and floor tiles, glazed porcelain stoneware tiles, glazed stove tiles.

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