GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Paltac Corp (OTCPK:PCCOF) » Definitions » Cyclically Adjusted PB Ratio

Paltac (Paltac) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 02, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Paltac Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Paltac's current share price is $48.10. Paltac's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $39.99. Paltac's Cyclically Adjusted PB Ratio for today is 1.20.

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

PCCOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.71   Max: 2.55
Current: 1.21

During the past years, Paltac's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 1.21. And the median was 1.71.

PCCOF's Cyclically Adjusted PB Ratio is ranked better than
54.37% of 1326 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs PCCOF: 1.21

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.

Paltac's adjusted book value per share data for the three months ended in Mar. 2024 was $29.521. 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 $39.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paltac Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Paltac'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.

Paltac Cyclically Adjusted PB Ratio Chart

Paltac Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.28 1.60 1.61 1.20

Paltac Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.61 1.50 1.43 1.34 1.20

Competitive Comparison of Paltac's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Paltac'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.


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

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

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



Paltac 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.

Paltac's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.10/39.99
=1.20

* 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.

Paltac's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Paltac's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=29.521/107.2000*107.2000
=29.521

Current CPI (Mar. 2024) = 107.2000.

Paltac Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.645 98.000 22.583
201409 20.088 98.500 21.862
201412 18.346 97.900 20.089
201503 18.760 97.900 20.542
201506 18.636 98.400 20.303
201509 19.603 98.500 21.334
201512 19.813 98.100 21.651
201603 21.595 97.900 23.646
201606 23.438 98.100 25.612
201609 24.841 98.000 27.173
201612 22.254 98.400 24.244
201703 23.262 98.100 25.420
201706 24.221 98.500 26.360
201709 25.003 98.800 27.129
201712 25.100 99.400 27.070
201803 27.220 99.200 29.415
201806 26.827 99.200 28.990
201809 27.165 99.900 29.150
201812 27.135 99.700 29.176
201903 27.925 99.700 30.026
201906 28.949 99.800 31.096
201909 29.992 100.100 32.119
201912 30.046 100.500 32.049
202003 31.905 100.300 34.100
202006 32.544 99.900 34.922
202009 34.048 99.900 36.536
202012 35.154 99.300 37.951
202103 34.082 99.900 36.572
202106 33.940 99.500 36.567
202109 34.696 100.100 37.157
202112 33.587 100.100 35.969
202203 32.707 101.100 34.680
202206 29.269 101.800 30.822
202209 27.964 103.100 29.076
202212 30.095 104.100 30.991
202303 30.915 104.400 31.744
202306 29.708 105.200 30.273
202309 29.035 106.200 29.308
202312 30.030 106.800 30.142
202403 29.521 107.200 29.521

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.


Paltac  (OTCPK:PCCOF) 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.


Paltac Cyclically Adjusted PB Ratio Related Terms

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


Paltac (Paltac) Business Description

Traded in Other Exchanges
Address
5-9, Minamikyuhoji-Machi, 1-Chome, Chou-Ku, Osaka, JPN
Paltac Corp is engaged in the wholesale business of cosmetics, daily goods, and general-purpose pharmaceuticals.

Paltac (Paltac) Headlines

No Headlines