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TalkPool AG (OSTO:TALK) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is TalkPool AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TalkPool AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TalkPool 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.

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TalkPool AG Cyclically Adjusted PB Ratio Chart

TalkPool AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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TalkPool AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of TalkPool AG's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, TalkPool 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.


TalkPool AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TalkPool AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TalkPool 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.

TalkPool AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, TalkPool AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.091/106.4612*106.4612
=-0.091

Current CPI (Dec23) = 106.4612.

TalkPool AG Annual Data

Book Value per Share CPI Adj_Book
201412 1.623 100.704 1.716
201512 2.333 99.386 2.499
201612 3.813 99.380 4.085
201712 4.210 100.213 4.472
201812 1.319 100.906 1.392
201912 -6.296 101.063 -6.632
202012 -3.636 100.241 -3.862
202112 -5.423 101.776 -5.673
202212 -2.151 104.666 -2.188
202312 -0.091 106.461 -0.091

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.


TalkPool AG  (OSTO:TALK) 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.


TalkPool AG Cyclically Adjusted PB Ratio Related Terms

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TalkPool AG (OSTO:TALK) Business Description

Traded in Other Exchanges
Address
Gauggelistrasse 7, Chur, CHE, CH-7000
TalkPool AG is engaged in designing, implementing, and maintaining mobile and fixed-line telecom networks as well as networks and product solutions for the Internet of Things.