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Ceconomy AG (Ceconomy AG) Cyclically Adjusted PB Ratio : 0.28 (As of Apr. 30, 2024)


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What is Ceconomy AG Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Ceconomy AG's current share price is $0.3924. Ceconomy AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.38. Ceconomy AG's Cyclically Adjusted PB Ratio for today is 0.28.

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

MTTRY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.37   Max: 0.83
Current: 0.32

During the past years, Ceconomy AG's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.12. And the median was 0.37.

MTTRY's Cyclically Adjusted PB Ratio is ranked better than
86.51% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs MTTRY: 0.32

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.

Ceconomy AG's adjusted book value per share data for the three months ended in Dec. 2023 was $0.260. 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 $1.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ceconomy AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ceconomy AG'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.

Ceconomy AG Cyclically Adjusted PB Ratio Chart

Ceconomy AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.36 0.37 0.13 0.27

Ceconomy AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.23 0.32 0.31 0.27 0.36

Competitive Comparison of Ceconomy AG's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Ceconomy AG'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.


Ceconomy AG's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ceconomy AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ceconomy AG 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.

Ceconomy AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3924/1.38
=0.28

* 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.

Ceconomy AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ceconomy AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.26/123.6675*123.6675
=0.260

Current CPI (Dec. 2023) = 123.6675.

Ceconomy AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.414 99.543 5.484
201406 4.197 99.543 5.214
201409 3.934 99.823 4.874
201412 3.797 99.543 4.717
201503 2.940 99.717 3.646
201506 3.233 100.417 3.982
201509 3.557 100.417 4.381
201512 3.799 99.717 4.711
201603 3.588 100.017 4.436
201606 3.580 100.717 4.396
201609 3.654 101.017 4.473
201612 3.640 101.217 4.447
201703 -1.796 101.417 -2.190
201706 -0.320 102.117 -0.388
201709 0.488 102.717 0.588
201712 0.521 102.617 0.628
201803 0.430 102.917 0.517
201806 0.262 104.017 0.311
201809 0.445 104.718 0.526
201812 0.496 104.217 0.589
201903 0.498 104.217 0.591
201906 0.466 105.718 0.545
201909 0.467 106.018 0.545
201912 0.595 105.818 0.695
202003 0.373 105.718 0.436
202006 0.310 106.618 0.360
202009 0.319 105.818 0.373
202012 0.418 105.518 0.490
202103 0.492 107.518 0.566
202106 0.434 108.486 0.495
202109 0.467 109.435 0.528
202112 0.496 110.384 0.556
202203 0.398 113.968 0.432
202206 0.176 115.760 0.188
202209 0.241 118.818 0.251
202212 0.319 119.345 0.331
202303 0.308 122.402 0.311
202306 0.217 123.140 0.218
202309 0.204 124.195 0.203
202312 0.260 123.668 0.260

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.


Ceconomy AG  (OTCPK:MTTRY) 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.


Ceconomy AG Cyclically Adjusted PB Ratio Related Terms

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


Ceconomy AG (Ceconomy AG) Business Description

Address
Kaistrasse 3, Dusseldorf, NW, DEU, 40221
Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

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