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Proliance International (Proliance International) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is Proliance International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Proliance International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Proliance International'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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Proliance International Cyclically Adjusted PB Ratio Chart

Proliance International Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PB Ratio
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Proliance International Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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Competitive Comparison of Proliance International's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Proliance International'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.


Proliance International's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Proliance International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Proliance International 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.

Proliance International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2009 is calculated as:

For example, Proliance International's adjusted Book Value per Share data for the three months ended in Mar. 2009 was:

Adj_Book=Book Value per Share/CPI of Mar. 2009 (Change)*Current CPI (Mar. 2009)
=1.699/89.7442*89.7442
=1.699

Current CPI (Mar. 2009) = 89.7442.

Proliance International Quarterly Data

Book Value per Share CPI Adj_Book
199906 11.035 70.122 14.123
199909 11.217 70.839 14.211
199912 11.432 71.008 14.449
200003 11.042 72.231 13.719
200006 11.953 72.737 14.748
200009 11.732 73.286 14.367
200012 10.834 73.413 13.244
200103 10.286 74.341 12.417
200106 9.831 75.100 11.748
200109 9.675 75.227 11.542
200112 7.409 74.552 8.919
200203 6.879 75.438 8.184
200206 7.097 75.902 8.391
200209 7.337 76.366 8.622
200212 6.909 76.324 8.124
200303 6.176 77.716 7.132
200306 6.088 77.505 7.049
200309 6.362 78.138 7.307
200312 6.138 77.758 7.084
200403 6.078 79.066 6.899
200406 6.156 80.037 6.903
200409 6.528 80.121 7.312
200412 6.591 80.290 7.367
200503 6.938 81.555 7.635
200506 6.640 82.062 7.262
200509 6.678 83.876 7.145
200512 5.719 83.032 6.181
200603 5.397 84.298 5.746
200606 5.500 85.606 5.766
200609 5.615 85.606 5.886
200612 4.818 85.142 5.078
200703 4.438 86.640 4.597
200706 4.148 87.906 4.235
200709 4.057 87.964 4.139
200712 3.935 88.616 3.985
200803 3.885 90.090 3.870
200806 3.995 92.320 3.884
200809 3.896 92.307 3.788
200812 2.673 88.697 2.705
200903 1.699 89.744 1.699

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.


Proliance International  (OTCPK:PLNTQ) 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.


Proliance International Cyclically Adjusted PB Ratio Related Terms

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


Proliance International (Proliance International) Business Description

Traded in Other Exchanges
N/A
Address
100 Gando Drive, New Haven, CT, USA, 06513
Proliance International Inc designs, manufactures and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket.
Executives
Arlen F Henock officer: Exec VP and CFO
Paul R Lederer director 233 S PATTERSON, SPRINGFIELD MO 65802
Abraham William J Jr director FOLEY & LARDNER, 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 63202
Vincent L Martin director
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Bradley C Richardson director
Sharon M Oster director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Michael T Yonker director 5001 NORTH SECOND STREET, ROCKFORD IL 61111
Philip W Colburn director 11611 SAN VICENTE BLVD, SUITE 505, LOS ANGELES CA 90049

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