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Jardine Cycle & Carriage (SGX:C07) Cyclically Adjusted PB Ratio : 1.07 (As of May. 14, 2024)


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What is Jardine Cycle & Carriage Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Jardine Cycle & Carriage's current share price is S$28.02. Jardine Cycle & Carriage's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was S$26.16. Jardine Cycle & Carriage's Cyclically Adjusted PB Ratio for today is 1.07.

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

SGX:C07' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2   Max: 4.58
Current: 1.03

During the past 13 years, Jardine Cycle & Carriage's highest Cyclically Adjusted PB Ratio was 4.58. The lowest was 0.90. And the median was 2.00.

SGX:C07's Cyclically Adjusted PB Ratio is ranked worse than
53.43% of 423 companies
in the Conglomerates industry
Industry Median: 0.96 vs SGX:C07: 1.03

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.

Jardine Cycle & Carriage's adjusted book value per share data of for the fiscal year that ended in Dec23 was S$27.096. 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 S$26.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jardine Cycle & Carriage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage Cyclically Adjusted PB Ratio Chart

Jardine Cycle & Carriage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 0.95 0.91 1.16 1.14

Jardine Cycle & Carriage Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.91 - 1.16 - 1.14

Competitive Comparison of Jardine Cycle & Carriage's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.


Jardine Cycle & Carriage's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Cyclically Adjusted PB Ratio falls into.



Jardine Cycle & Carriage 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.

Jardine Cycle & Carriage's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.02/26.16
=1.07

* 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.

Jardine Cycle & Carriage's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jardine Cycle & Carriage's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=27.096/129.4194*129.4194
=27.096

Current CPI (Dec23) = 129.4194.

Jardine Cycle & Carriage Annual Data

Book Value per Share CPI Adj_Book
201412 16.623 99.070 21.715
201512 18.405 99.792 23.869
201612 20.903 101.863 26.558
201712 21.911 104.011 27.264
201812 21.302 105.998 26.009
201912 23.545 108.420 28.105
202012 23.511 109.897 27.688
202112 25.417 117.630 27.965
202212 24.528 125.222 25.350
202312 27.096 129.419 27.096

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.


Jardine Cycle & Carriage  (SGX:C07) 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.


Jardine Cycle & Carriage Cyclically Adjusted PB Ratio Related Terms

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


Jardine Cycle & Carriage (SGX:C07) Business Description

Traded in Other Exchanges
Address
239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is a conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. The company operates through three segments: Astra, direct motor interests, and other interests. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia. Direct motor interests include automotive operations in Singapore, Malaysia, Myanmar, Indonesia, and Vietnam. The Other Strategic interests segment includes Southeast Asia investments in Siam City Cement and Refrigeration Electrical Engineering Corporation.

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