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Abterra (SGX:L5I) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Abterra Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abterra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abterra'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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Abterra Cyclically Adjusted PB Ratio Chart

Abterra Annual Data
Trend Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Abterra Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21
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Competitive Comparison of Abterra's Cyclically Adjusted PB Ratio

For the Coking Coal subindustry, Abterra'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.


Abterra's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Abterra's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Abterra 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.

Abterra's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, Abterra's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book=Book Value per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.019/114.6314*114.6314
=0.019

Current CPI (Jun. 2021) = 114.6314.

Abterra Quarterly Data

Book Value per Share CPI Adj_Book
201012 0.675 92.474 0.837
201103 0.988 94.283 1.201
201106 0.984 95.235 1.184
201109 1.012 95.727 1.212
201112 0.737 95.213 0.887
201203 0.996 96.783 1.180
201206 1.000 96.819 1.184
201209 0.975 97.633 1.145
201212 0.700 96.871 0.828
201303 0.700 98.209 0.817
201306 0.707 98.518 0.823
201309 0.697 98.790 0.809
201312 0.735 98.326 0.857
201403 0.723 99.695 0.831
201406 0.723 100.560 0.824
201409 0.732 100.428 0.836
201412 0.528 99.070 0.611
201503 0.538 99.621 0.619
201506 0.528 100.684 0.601
201509 0.532 100.392 0.607
201512 0.330 99.792 0.379
201603 0.320 100.470 0.365
201606 0.311 101.688 0.351
201609 0.301 101.861 0.339
201612 0.231 101.863 0.260
201703 0.225 102.862 0.251
201706 0.224 103.349 0.248
201709 0.236 104.136 0.260
201712 0.228 104.011 0.251
201803 0.231 105.290 0.251
201806 0.228 106.317 0.246
201809 0.217 106.507 0.234
201903 0.212 107.251 0.227
201906 0.208 108.070 0.221
201909 0.041 108.329 0.043
202003 0.016 108.902 0.017
202006 0.013 108.767 0.014
202009 0.011 109.815 0.011
202103 0.020 111.754 0.021
202106 0.019 114.631 0.019

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.


Abterra  (SGX:L5I) 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.


Abterra Cyclically Adjusted PB Ratio Related Terms

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


Abterra (SGX:L5I) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, No. 11-06, Suntec Tower 1, Singapore, SGP, 038987
Abterra Ltd is a supply chain manager in the natural resources business. It has organized its business into two main divisions namely Iron Ore Trading and Coke and Coal Trading. The company principally trades in iron ore, coking coal, and coke. It has further diversified its business into property investment, property holding and property development. It operates in five geographical areas: Singapore, China, Macau, Indonesia and Australia.

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