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GAZ PJSC (MIC:GAZA) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is GAZ PJSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GAZ PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GAZ PJSC'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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GAZ PJSC Cyclically Adjusted PB Ratio Chart

GAZ PJSC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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GAZ PJSC Semi-Annual Data
Dec07 Dec08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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Competitive Comparison of GAZ PJSC's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, GAZ PJSC'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.


GAZ PJSC's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GAZ PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GAZ PJSC 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.

GAZ PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec17 is calculated as:

For example, GAZ PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec17 was:

Adj_Book=Book Value per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=67.037/169.6000*169.6000
=67.037

Current CPI (Dec17) = 169.6000.

GAZ PJSC Annual Data

Book Value per Share CPI Adj_Book
200812 -649.901 87.636 -1,257.739
200912 -1,269.880 95.345 -2,258.857
201012 -1,165.064 103.714 -1,905.199
201112 -676.572 110.000 -1,043.151
201212 -269.705 117.300 -389.957
201312 -38.230 124.900 -51.912
201412 -127.146 139.000 -155.136
201512 -439.362 157.000 -474.623
201612 -135.958 165.400 -139.410
201712 67.037 169.600 67.037

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.


GAZ PJSC  (MIC:GAZA) 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.


GAZ PJSC Cyclically Adjusted PB Ratio Related Terms

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


GAZ PJSC (MIC:GAZA) Business Description

Traded in Other Exchanges
N/A
Address
88 Lenin Avenue, Nizhny Novgorod, RUS, 603950
GAZ PJSC manufactures light commercial vehicles and passenger cars, as well as auto-components, buses, engines and fuel injection equipment, supersize trucks, special purpose vehicles.

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