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KraussMaffei Co (SHSE:600579) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is KraussMaffei Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KraussMaffei Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KraussMaffei Co'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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KraussMaffei Co Cyclically Adjusted PB Ratio Chart

KraussMaffei Co 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 3.10 1.75 2.17 1.32 -

KraussMaffei Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.32 1.30 1.44 1.35 -

Competitive Comparison of KraussMaffei Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, KraussMaffei Co'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.


KraussMaffei Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KraussMaffei Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KraussMaffei Co 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.

KraussMaffei Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KraussMaffei Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.445/114.6694*114.6694
=1.445

Current CPI (Dec. 2023) = 114.6694.

KraussMaffei Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.562 98.600 1.817
201406 1.586 98.200 1.852
201409 1.618 98.900 1.876
201412 1.739 99.000 2.014
201503 1.739 99.900 1.996
201506 1.764 99.500 2.033
201509 1.782 100.500 2.033
201512 1.832 100.600 2.088
201603 1.814 102.200 2.035
201606 1.835 101.400 2.075
201609 2.922 102.400 3.272
201612 2.931 102.600 3.276
201703 2.925 103.200 3.250
201706 2.940 103.100 3.270
201709 2.900 104.100 3.194
201712 12.603 104.500 13.829
201803 2.828 105.300 3.080
201806 2.842 104.900 3.107
201809 2.847 106.600 3.063
201812 13.819 106.500 14.879
201903 6.163 107.700 6.562
201906 6.138 107.700 6.535
201909 6.137 109.800 6.409
201912 6.259 111.200 6.454
202003 6.123 112.300 6.252
202006 6.091 110.400 6.327
202009 7.270 111.700 7.463
202012 7.221 111.500 7.426
202103 6.918 112.662 7.041
202106 6.852 111.769 7.030
202109 6.722 112.215 6.869
202112 9.728 113.108 9.862
202203 9.416 114.335 9.444
202206 9.395 114.558 9.404
202209 9.508 115.339 9.453
202212 7.014 115.116 6.987
202303 6.312 115.116 6.288
202306 5.536 114.558 5.541
202309 4.682 115.339 4.655
202312 1.445 114.669 1.445

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.


KraussMaffei Co  (SHSE:600579) 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.


KraussMaffei Co Cyclically Adjusted PB Ratio Related Terms

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KraussMaffei Co (SHSE:600579) Business Description

Traded in Other Exchanges
N/A
Address
No. 62, Bei Sihuan West Road, Haidian District, Beijing, CHN, 100080
KraussMaffei Co Ltd is engaged in research, development, design, manufacturing and after-sales service of equipment in chemical, petrochemical, coal chemical, metallurgy, non-ferrous metals, power and energy conservation and environmental protection, chemical instrumentation and automation complete control systems. The company's products include Injection Molding Machinery, Extrusion Technology, Reaction Process Machinery, Digital and Service Solutions, and Others.

KraussMaffei Co (SHSE:600579) Headlines

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