British American Tobacco (Zambia) (LUS:BATZ) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LUS:BATZ British American Tobacco (Zambia) PLC LUS:BATZ
40 GF Score
Price ZMW12.64
! 1 Warning Sign
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What is British American Tobacco (Zambia) 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.

British American Tobacco (Zambia) 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

British American Tobacco (Zambia)  (LUS:BATZ) 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.

British American Tobacco (Zambia) Cyclically Adjusted PB Ratio Related Terms

British American Tobacco (Zambia) Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for British American Tobacco (Zambia)'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.

British American Tobacco (Zambia) Cyclically Adjusted PB Ratio Chart

British American Tobacco (Zambia) Annual Data
Trend
Cyclically Adjusted PB Ratio

British American Tobacco (Zambia) Semi-Annual Data
Cyclically Adjusted PB Ratio

LUS:BATZ vs : Cyclically Adjusted PB Ratio Comparison

For the Tobacco subindustry, British American Tobacco (Zambia)'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.

British American Tobacco (Zambia) Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco (Zambia)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where British American Tobacco (Zambia)'s Cyclically Adjusted PB Ratio falls into.


LUS:BATZ
40GF Score
British American Tobacco (Zambia) PLC LUS:BATZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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British American Tobacco (Zambia) 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.

British American Tobacco (Zambia) 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.

British American Tobacco (Zambia) Business Description

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Address Chifwema Road, Off Leopards Hill Road, Plot F10723, P.O. Box 31062, Lusaka, ZMB, 10101
British American Tobacco (Zambia) PLC is a tobacco company. It is engaged in the manufacturing, marketing, and distribution of cigarettes in Zambia. The company also has a line extension range which includes cigars, e-cigarettes, and next-generation products (NGPs) such as a vapor product called Vype, and a tobacco heating product called iFuse. It also markets a popular smokeless moist tobacco powder called Snus also known as snuff. The products of the company are marketed through brands like Dunhill, Pall Mall, Peter Stuyvesant, Lucky Strike, and others. The product segments of the company are represented as its reportable segments and include; the Low Value segment which derives maximum revenue, Premium, Aspirational Premium, and Value for Money.
40GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ZMW12.64
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