GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AusGroup Ltd (SGX:5GJ) » Definitions » Cyclically Adjusted PB Ratio

AusGroup (SGX:5GJ) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


View and export this data going back to 2005. Start your Free Trial

What is AusGroup Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AusGroup Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AusGroup'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.

AusGroup Cyclically Adjusted PB Ratio Chart

AusGroup Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

AusGroup Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - - - -

Competitive Comparison of AusGroup's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, AusGroup'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.


AusGroup's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AusGroup's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AusGroup 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.

AusGroup's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, AusGroup's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.002/117.1117*117.1117
=0.002

Current CPI (Jun. 2022) = 117.1117.

AusGroup Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.448 94.544 0.555
201212 0.442 94.730 0.546
201303 0.447 95.101 0.550
201306 0.420 95.473 0.515
201309 0.383 96.587 0.464
201312 0.375 97.330 0.451
201403 0.341 97.887 0.408
201406 0.348 98.352 0.414
201409 0.352 98.816 0.417
201412 0.335 99.002 0.396
201503 0.336 99.187 0.397
201506 0.336 99.838 0.394
201509 0.338 100.302 0.395
201512 0.246 100.673 0.286
201603 0.205 100.488 0.239
201606 -0.018 100.859 -0.021
201609 -0.015 101.602 -0.017
201612 -0.010 102.159 -0.011
201703 -0.008 102.624 -0.009
201706 0.018 102.809 0.021
201709 0.023 103.460 0.026
201712 0.023 104.110 0.026
201803 0.023 104.574 0.026
201806 0.028 104.945 0.031
201809 0.026 105.410 0.029
201812 0.031 105.967 0.034
201903 0.030 105.967 0.033
201906 0.030 106.617 0.033
201909 0.030 107.174 0.033
201912 0.030 107.917 0.033
202003 0.026 108.289 0.028
202006 0.011 106.246 0.012
202009 0.012 107.917 0.013
202012 0.013 108.846 0.014
202103 0.014 109.496 0.015
202106 0.013 110.332 0.014
202109 0.012 111.168 0.013
202112 0.012 112.654 0.012
202203 0.014 115.069 0.014
202206 0.002 117.112 0.002

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.


AusGroup  (SGX:5GJ) 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.


AusGroup Cyclically Adjusted PB Ratio Related Terms

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


AusGroup (SGX:5GJ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Level 1, 18-32 Parliament Place, West Perth, Perth, WA, AUS, 6005
AusGroup Ltd is an investment holding company. The firm has five reportable segments namely Projects, Access Services, Fabrication and manufacturing, Maintenance Services and Port and Marine Services. Projects segment provides construction services including design, structural, mechanical, piping, painting, insulation and fireproofing. Access services include scaffolding, engineering and design, labor supply and stock control, logistics, transportation and rope services. Fabrication provides turnkey solutions to the oil and gas sector. Maintenance services provide preventative and breakdown maintenance shut down services and sustaining capital works. Marine provides support services to the offshore oil and gas industry. Maintenance services contribute most to the total revenue of the firm.

AusGroup (SGX:5GJ) Headlines

No Headlines