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Comelf (LTS:0KXW) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 10, 2024)


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What is Comelf Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Comelf's current share price is lei2.60. Comelf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was lei1.74. Comelf's Cyclically Adjusted PB Ratio for today is 1.49.

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

LTS:0KXW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.84   Max: 1.96
Current: 1.49

During the past years, Comelf's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.40. And the median was 0.84.

LTS:0KXW's Cyclically Adjusted PB Ratio is ranked better than
57.69% of 2177 companies
in the Industrial Products industry
Industry Median: 1.8 vs LTS:0KXW: 1.49

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.

Comelf's adjusted book value per share data for the three months ended in Mar. 2024 was lei3.716. 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 lei1.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comelf Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Comelf'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.

Comelf Cyclically Adjusted PB Ratio Chart

Comelf Annual Data
Trend Dec14 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 - - - 0.44 1.88

Comelf Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.54 0.72 1.21 1.88 1.49

Competitive Comparison of Comelf's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Comelf'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.


Comelf's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comelf's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Comelf 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.

Comelf's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/1.74
=1.49

* 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.

Comelf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Comelf's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.716/131.7762*131.7762
=3.716

Current CPI (Mar. 2024) = 131.7762.

Comelf Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.101 100.560 4.064
201409 3.198 100.428 4.196
201412 3.373 99.070 4.487
201503 0.000 99.621 0.000
201506 3.349 100.684 4.383
201509 3.531 100.392 4.635
201512 3.244 99.792 4.284
201603 3.321 100.470 4.356
201606 3.187 101.688 4.130
201609 3.224 101.861 4.171
201612 3.069 101.863 3.970
201703 3.121 102.862 3.998
201706 3.134 103.349 3.996
201709 3.176 104.136 4.019
201712 3.152 104.011 3.993
201803 3.180 105.290 3.980
201806 3.138 106.317 3.889
201809 3.172 106.507 3.925
201812 3.201 105.998 3.979
201903 3.231 107.251 3.970
201906 3.188 108.070 3.887
201909 3.210 108.329 3.905
201912 3.208 108.420 3.899
202003 3.231 108.902 3.910
202006 3.194 108.767 3.870
202009 3.224 109.815 3.869
202012 3.245 109.897 3.891
202103 3.295 111.754 3.885
202106 3.259 114.631 3.746
202109 3.309 115.734 3.768
202112 3.356 117.630 3.760
202203 0.000 121.301 0.000
202206 3.372 125.017 3.554
202209 3.467 125.227 3.648
202212 3.481 125.222 3.663
202303 3.592 127.348 3.717
202306 3.486 128.729 3.569
202309 3.584 129.860 3.637
202312 3.639 129.419 3.705
202403 3.716 131.776 3.716

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.


Comelf  (LTS:0KXW) 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.


Comelf Cyclically Adjusted PB Ratio Related Terms

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


Comelf (LTS:0KXW) Business Description

Industry
Traded in Other Exchanges
Address
No. 4 Industriei Street, Bistrita Nasaud County, Bistrita, ROU, 420063
Comelf SA is engaged in the production of engines and turbines. The company manufactures equipment and components for power stations and environmental protection equipment for earthmoving, lifting and transportation equipment, including their sub assemblies, steel structures, weapons ammunition, road transport vehicles and military combat. Its product portfolio includes Bag Filters, scrapers for primary radial settling tanks, Mechanical equipment for methane tank, Equipment for wastewater treatment and others. Its segments consist of Factory of stainless steel products(FPI), Factory for Earth Moving Machinery and Equipment, Bag Filters and Electrostatic Precipitators(FUET) and Factory for Earth Moving Machines and Components(TERRA). The majority of its revenue is generated outside Romania.

Comelf (LTS:0KXW) Headlines

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