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AS Baltika (OTSE:BLT1T) Cyclically Adjusted PB Ratio : 0.12 (As of Sep. 27, 2024)


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What is AS Baltika Cyclically Adjusted PB Ratio?

As of today (2024-09-27), AS Baltika's current share price is €0.08. AS Baltika's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was €0.68. AS Baltika's Cyclically Adjusted PB Ratio for today is 0.12.

The historical rank and industry rank for AS Baltika's Cyclically Adjusted PB Ratio or its related term are showing as below:

OTSE:BLT1T's Cyclically Adjusted PB Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.17
* 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.

AS Baltika's adjusted book value per share data for the three months ended in Mar. 2023 was €0.057. 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 €0.68 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Baltika Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AS Baltika'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.

AS Baltika Cyclically Adjusted PB Ratio Chart

AS Baltika Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.10 0.41 0.30 0.21

AS Baltika Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.31 0.25 0.20 0.21 0.22

Competitive Comparison of AS Baltika's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, AS Baltika'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 Baltika's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AS Baltika's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AS Baltika 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 Baltika's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/0.68
=0.12

* 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.

AS Baltika's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, AS Baltika's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.057/127.3478*127.3478
=0.057

Current CPI (Mar. 2023) = 127.3478.

AS Baltika Quarterly Data

Book Value per Share CPI Adj_Book
201306 1.938 98.518 2.505
201309 1.585 98.790 2.043
201312 1.676 98.326 2.171
201403 1.286 99.695 1.643
201406 1.353 100.560 1.713
201409 1.350 100.428 1.712
201412 1.272 99.070 1.635
201503 1.163 99.621 1.487
201506 1.168 100.684 1.477
201509 1.017 100.392 1.290
201512 0.697 99.792 0.889
201603 0.625 100.470 0.792
201606 0.676 101.688 0.847
201609 0.633 101.861 0.791
201612 0.723 101.863 0.904
201703 0.637 102.862 0.789
201706 0.666 103.349 0.821
201709 0.621 104.136 0.759
201712 0.755 104.011 0.924
201803 0.612 105.290 0.740
201806 0.631 106.317 0.756
201809 0.512 106.507 0.612
201812 0.010 105.998 0.012
201903 -0.200 107.251 -0.237
201906 -0.290 108.070 -0.342
201909 0.033 108.329 0.039
201912 0.059 108.420 0.069
202003 0.013 108.902 0.015
202006 0.027 108.767 0.032
202009 0.018 109.815 0.021
202012 0.050 109.897 0.058
202103 0.020 111.754 0.023
202106 0.020 114.631 0.022
202109 0.013 115.734 0.014
202112 0.005 117.630 0.005
202203 -0.019 121.301 -0.020
202206 -0.038 125.017 -0.039
202209 0.085 125.227 0.086
202212 0.069 125.222 0.070
202303 0.057 127.348 0.057

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 Baltika  (OTSE:BLT1T) 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 Baltika Cyclically Adjusted PB Ratio Related Terms

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


AS Baltika Business Description

Traded in Other Exchanges
N/A
Address
Valukoja 10, Tallinn, EST, 11415
AS Baltika is a fashion retailer and is engaged in designing, manufacturing, distribution, wholesale, retail and supply chain management. It develops and operates fashion brands such as Ivo Nikkolo. Most of its revenue is derived from the sale of goods in retail channels followed by wholesale and franchise channel. Geographically, the company operates its business mainly from Europe. It operates in the business segments; Retail segment, E-commerce segment and All other segments. The retail segment consists of retail operations in Estonia, Latvia, Lithuania and Finland. All other segments consist of the sale of good to wholesale and franchise clients, material and sewing services and e-commerce sales.

AS Baltika Headlines

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