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AS Grobina (ORSE:GRZ1R) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is AS Grobina Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Grobina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AS Grobina'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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AS Grobina Cyclically Adjusted PB Ratio Chart

AS Grobina Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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AS Grobina Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19
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Competitive Comparison of AS Grobina's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, AS Grobina'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.


AS Grobina's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AS Grobina's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AS Grobina 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.

AS Grobina's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, AS Grobina's adjusted Book Value per Share data for the three months ended in Jun. 2019 was:

Adj_Book=Book Value per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=-7.09/108.0695*108.0695
=-7.090

Current CPI (Jun. 2019) = 108.0695.

AS Grobina Quarterly Data

Book Value per Share CPI Adj_Book
200906 0.000 91.003 0.000
200909 0.000 91.120 0.000
200912 3.544 91.111 4.204
201003 3.658 91.821 4.305
201006 3.658 91.962 4.299
201009 4.102 92.162 4.810
201012 3.624 92.474 4.235
201103 3.976 94.283 4.557
201106 4.226 95.235 4.796
201109 3.954 95.727 4.464
201112 4.098 95.213 4.651
201203 4.138 96.783 4.621
201206 4.512 96.819 5.036
201209 4.316 97.633 4.777
201212 5.418 96.871 6.044
201303 6.112 98.209 6.726
201306 7.182 98.518 7.878
201309 6.852 98.790 7.496
201312 6.132 98.326 6.740
201403 6.490 99.695 7.035
201406 4.792 100.560 5.150
201409 4.208 100.428 4.528
201412 2.816 99.070 3.072
201503 3.812 99.621 4.135
201506 2.564 100.684 2.752
201509 3.128 100.392 3.367
201512 4.330 99.792 4.689
201603 0.938 100.470 1.009
201606 -1.626 101.688 -1.728
201609 -2.780 101.861 -2.949
201612 -0.044 101.863 -0.047
201703 -0.432 102.862 -0.454
201706 -0.878 103.349 -0.918
201709 -2.524 104.136 -2.619
201712 -0.722 104.011 -0.750
201803 0.886 105.290 0.909
201806 -1.750 106.317 -1.779
201809 -2.750 106.507 -2.790
201903 -4.610 107.251 -4.645
201906 -7.090 108.070 -7.090

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.


AS Grobina  (ORSE:GRZ1R) 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.


AS Grobina Cyclically Adjusted PB Ratio Related Terms

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


AS Grobina (ORSE:GRZ1R) Business Description

Traded in Other Exchanges
N/A
Address
Lapsu Street 3, Grobina district, Dubeni, LVA, 3438
AS Grobina is engaged in fur-farming of minks for fur production and farm animals feed production in Latvia.

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