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Car & General (K) (NAI:CGEN) Cyclically Adjusted PB Ratio : 0.21 (As of Sep. 22, 2024)


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What is Car & General (K) Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Car & General (K)'s current share price is KES19.75. Car & General (K)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Sep22 was KES93.21. Car & General (K)'s Cyclically Adjusted PB Ratio for today is 0.21.

The historical rank and industry rank for Car & General (K)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

NAI:CGEN's Cyclically Adjusted PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.715
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Car & General (K)'s adjusted book value per share data of for the fiscal year that ended in Sep22 was KES66.576. 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 KES93.21 for the trailing ten years ended in Sep22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Car & General (K) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Car & General (K)'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.

Car & General (K) Cyclically Adjusted PB Ratio Chart

Car & General (K) Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.30 0.29 0.39 0.48

Car & General (K) Semi-Annual Data
Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
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 0.27 0.30 0.29 0.39 0.48

Competitive Comparison of Car & General (K)'s Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Car & General (K)'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.


Car & General (K)'s Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Car & General (K)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Car & General (K)'s Cyclically Adjusted PB Ratio falls into.



Car & General (K) 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.

Car & General (K)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.75/93.21
=0.21

* 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.

Car & General (K)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Sep22 is calculated as:

For example, Car & General (K)'s adjusted Book Value per Share data for the fiscal year that ended in Sep22 was:

Adj_Book=Book Value per Share/CPI of Sep22 (Change)*Current CPI (Sep22)
=66.576/125.2265*125.2265
=66.576

Current CPI (Sep22) = 125.2265.

Car & General (K) Annual Data

Book Value per Share CPI Adj_Book
201309 60.602 98.790 76.819
201409 68.412 100.428 85.305
201509 70.711 100.392 88.204
201609 76.137 101.861 93.602
201709 78.828 104.136 94.793
201809 84.687 106.507 99.572
201909 84.619 108.329 97.818
202009 92.781 109.815 105.802
202109 114.274 115.734 123.646
202209 66.576 125.227 66.576

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.


Car & General (K)  (NAI:CGEN) 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.


Car & General (K) Cyclically Adjusted PB Ratio Related Terms

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


Car & General (K) Business Description

Traded in Other Exchanges
N/A
Address
New Cargen House, Lusaka Road, P.O. Box 20001, Nairobi, KEN, 00200
Car & General (K) Ltd is a supplier of generators, motorbikes, tuk-tuks, laundry equipment, lawnmowers, scooters, marine engines, construction equipment and power generation, automotive and engineering products. The company's reportable segment includes Trade and workshop, Investment properties, Poultry and ICT Training, and Manufacturing. It generates a variety of its revenue from Trade and workshop Segments. Geographically, it derives a majority of its revenue from Kenya.

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