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OHUAY (Obrascon Huarte Lain) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


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What is Obrascon Huarte Lain 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


Obrascon Huarte Lain Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Obrascon Huarte Lain'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.

Obrascon Huarte Lain Cyclically Adjusted PB Ratio Chart

Obrascon Huarte Lain Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 0.11 0.05 0.06

Obrascon Huarte Lain Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.06 0.05 0.06 0.05 0.05

Competitive Comparison of Obrascon Huarte Lain's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Obrascon Huarte Lain'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.


Obrascon Huarte Lain's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Obrascon Huarte Lain's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Obrascon Huarte Lain 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.

Obrascon Huarte Lain's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Obrascon Huarte Lain's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.878/124.4086*124.4086
=0.878

Current CPI (Jun. 2024) = 124.4086.

Obrascon Huarte Lain Quarterly Data

Book Value per Share CPI Adj_Book
201409 18.223 100.441 22.571
201412 15.697 100.251 19.479
201503 15.326 99.474 19.168
201506 15.020 101.138 18.476
201509 13.881 99.559 17.346
201512 11.119 100.268 13.796
201603 11.449 98.638 14.440
201606 11.243 100.333 13.941
201609 10.995 99.737 13.715
201612 8.973 101.842 10.961
201703 87.841 100.896 108.311
201706 9.741 101.848 11.899
201709 9.692 101.524 11.877
201712 4.479 102.975 5.411
201803 3.650 102.122 4.447
201806 2.920 104.165 3.487
201809 1.807 103.818 2.165
201812 1.562 104.193 1.865
201903 1.532 103.488 1.842
201906 1.491 104.612 1.773
201909 1.450 103.905 1.736
201912 1.218 105.015 1.443
202003 1.181 103.469 1.420
202006 1.128 104.254 1.346
202009 1.015 103.521 1.220
202012 0.986 104.456 1.174
202103 0.940 104.857 1.115
202106 1.440 107.102 1.673
202109 1.370 107.669 1.583
202112 1.233 111.298 1.378
202203 1.215 115.153 1.313
202206 1.108 118.044 1.168
202209 1.040 117.221 1.104
202212 1.034 117.650 1.093
202303 1.033 118.948 1.080
202306 1.052 120.278 1.088
202309 1.053 121.343 1.080
202312 0.942 121.300 0.966
202403 0.921 122.762 0.933
202406 0.878 124.409 0.878

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.


Obrascon Huarte Lain  (GREY:OHUAY) 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.


Obrascon Huarte Lain Cyclically Adjusted PB Ratio Related Terms

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Obrascon Huarte Lain Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 259 D, Torrespacio, Madrid, ESP, D-28046
Obrascon Huarte Lain SA is engaged in providing all manner of civil engineering and building construction works for public and private customers. Its object also includes the provision of public and private services, the operation of service concession arrangements and hotel complexes, real estate development and the sale of properties.

Obrascon Huarte Lain Headlines

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