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Precision Auto Care (Precision Auto Care) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Precision Auto Care Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Precision Auto Care Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Precision Auto Care'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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Precision Auto Care Cyclically Adjusted PB Ratio Chart

Precision Auto Care Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun14 Jun15 Jun16
Cyclically Adjusted PB Ratio
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Precision Auto Care Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Precision Auto Care's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Precision Auto Care'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.


Precision Auto Care's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Precision Auto Care's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Precision Auto Care's Cyclically Adjusted PB Ratio falls into.



Precision Auto Care 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.

Precision Auto Care's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Precision Auto Care's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=1.116/102.8622*102.8622
=1.116

Current CPI (Mar. 2017) = 102.8622.

Precision Auto Care Quarterly Data

Book Value per Share CPI Adj_Book
200203 -1.119 75.438 -1.526
200206 -0.853 75.902 -1.156
200209 -0.885 76.366 -1.192
200212 -0.276 76.324 -0.372
200303 0.024 77.716 0.032
200306 0.161 77.505 0.214
200309 0.206 78.138 0.271
200312 0.216 77.758 0.286
200403 0.294 79.066 0.382
200406 0.328 80.037 0.422
200409 0.381 80.121 0.489
200412 0.402 80.290 0.515
200503 0.430 81.555 0.542
200506 0.512 82.062 0.642
200509 0.521 83.876 0.639
200512 0.525 83.032 0.650
200603 0.526 84.298 0.642
200606 0.531 85.606 0.638
200609 0.537 85.606 0.645
200612 0.535 85.142 0.646
200703 0.540 86.640 0.641
200706 0.649 87.906 0.759
200709 0.652 87.964 0.762
200712 0.656 88.616 0.761
200803 0.661 90.090 0.755
200806 0.666 92.320 0.742
200809 0.666 92.307 0.742
200812 0.665 88.697 0.771
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 1.024 100.684 1.046
201509 1.041 100.392 1.067
201512 1.046 99.792 1.078
201603 1.064 100.470 1.089
201606 1.080 101.688 1.092
201609 1.103 101.861 1.114
201612 1.101 101.863 1.112
201703 1.116 102.862 1.116

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.


Precision Auto Care  (OTCPK:PACI) 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.


Precision Auto Care Cyclically Adjusted PB Ratio Related Terms

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Precision Auto Care (Precision Auto Care) Business Description

Traded in Other Exchanges
N/A
Address
Precision Auto Care Inc provides automotive maintenance services. The company's operations include Precision Tune Auto Care, an international franchisor of automotive service centers; Precision Auto Wash, an operator and franchisor of self-service car wash centers; and Precision Lube Express, an operator and franchisor of oil change and lube centers. Precision Auto Care also distributes automotive parts, equipment, and supplies.