GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Maxiparts Ltd (OTCPK:MXTIF) » Definitions » Cyclically Adjusted PB Ratio

MXTIF (Maxiparts) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


View and export this data going back to . Start your Free Trial

What is Maxiparts 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


Maxiparts Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maxiparts'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.

Maxiparts Cyclically Adjusted PB Ratio Chart

Maxiparts Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.73 0.57 0.81 0.63

Maxiparts Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.57 - 0.81 - 0.63

Competitive Comparison of Maxiparts's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Maxiparts'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.


Maxiparts's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Maxiparts's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maxiparts 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.

Maxiparts's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Maxiparts's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.359/128.9064*128.9064
=0.359

Current CPI (Jun24) = 128.9064.

Maxiparts Annual Data

Book Value per Share CPI Adj_Book
201506 0.495 99.838 0.639
201606 0.485 100.859 0.620
201706 0.521 102.809 0.653
201806 0.545 104.945 0.669
201906 0.457 106.617 0.553
202006 0.291 106.246 0.353
202106 0.341 110.332 0.398
202206 0.302 117.112 0.332
202306 0.303 124.170 0.315
202406 0.359 128.906 0.359

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.


Maxiparts  (OTCPK:MXTIF) 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.


Maxiparts Cyclically Adjusted PB Ratio Related Terms

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


Maxiparts Business Description

Traded in Other Exchanges
Address
22 Efficient Drive, Truganina, VIC, AUS, 3029
Maxiparts Ltd is engaged in designing, manufacturing, sale, service, and repairing of transport equipment and related components and spare parts in Australia. Maxitrans products serve many industries including Transport and Logistics, General and Refrigerated Freight, Infrastructure, Manufacturing, Mining, and Waste management. Its product portfolio comprises Tautliners, Semi-Trailers, Skels, Refrigerated and Dry Freight Vans, Semi-Tippers, Side-Tippers, Truck Body, and Dog Tippers, Moving Floors, Multi-Loaders, and Dollies.

Maxiparts Headlines

From GuruFocus

Half Year 2024 Maxiparts Ltd Earnings Call Transcript

By GuruFocus Research 02-28-2024