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BayWa AG (STU:BYW6) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 09, 2024)


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What is BayWa AG Cyclically Adjusted PB Ratio?

As of today (2024-06-09), BayWa AG's current share price is €22.05. BayWa AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.50. BayWa AG's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for BayWa AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:BYW6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.29   Max: 2.39
Current: 0.98

During the past years, BayWa AG's highest Cyclically Adjusted PB Ratio was 2.39. The lowest was 0.90. And the median was 1.29.

STU:BYW6's Cyclically Adjusted PB Ratio is ranked worse than
51.44% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs STU:BYW6: 0.98

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.

BayWa AG's adjusted book value per share data for the three months ended in Mar. 2024 was €22.073. 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 €23.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BayWa AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BayWa AG'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.

BayWa AG Cyclically Adjusted PB Ratio Chart

BayWa AG 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 1.09 1.34 1.72 1.97 1.25

BayWa AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.83 1.63 1.53 1.25 1.07

Competitive Comparison of BayWa AG's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, BayWa AG'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.


BayWa AG's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



BayWa AG 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.

BayWa AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.05/23.5
=0.94

* 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.

BayWa AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BayWa AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.073/125.0381*125.0381
=22.073

Current CPI (Mar. 2024) = 125.0381.

BayWa AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.319 99.543 33.060
201409 25.496 99.823 31.936
201412 22.689 99.543 28.500
201503 24.646 99.717 30.904
201506 23.649 100.417 29.448
201509 23.821 100.417 29.662
201512 23.290 99.717 29.204
201603 22.592 100.017 28.244
201606 22.663 100.717 28.136
201609 22.688 101.017 28.083
201612 23.059 101.217 28.486
201703 22.979 101.417 28.331
201706 22.893 102.117 28.032
201709 22.617 102.717 27.532
201712 31.652 102.617 38.568
201803 30.275 102.917 36.782
201806 29.703 104.017 35.706
201809 28.791 104.718 34.378
201812 30.275 104.217 36.323
201903 30.215 104.217 36.251
201906 29.998 105.718 35.480
201909 29.235 106.018 34.480
201912 28.480 105.818 33.653
202003 26.807 105.718 31.706
202006 28.083 106.618 32.935
202009 27.093 105.818 32.014
202012 23.413 105.518 27.744
202103 30.560 107.518 35.540
202106 31.520 108.486 36.329
202109 31.082 109.435 35.514
202112 28.474 110.384 32.254
202203 29.928 113.968 32.835
202206 33.836 115.760 36.548
202209 31.571 118.818 33.224
202212 27.891 119.345 29.222
202303 28.329 122.402 28.939
202306 27.936 123.140 28.367
202309 27.157 124.195 27.341
202312 24.277 123.773 24.525
202403 22.073 125.038 22.073

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.


BayWa AG  (STU:BYW6) 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.


BayWa AG Cyclically Adjusted PB Ratio Related Terms

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


BayWa AG (STU:BYW6) Business Description

Industry
Traded in Other Exchanges
Address
Arabellastrasse 4, Munich, BY, DEU, 81925
BayWa AG is a trading and logistics services company that operates through segments: Renewable energies, Energy, Cefetra group, Agri trade and services, Agricultural equipment, Global produce and building material and Innovation and digitalization. The Renewable energies segment, which is majority revenue generator, is engaged in three business area- project, operations and solutions. The groups core market is in Germany, Austria and the Netherlands.

BayWa AG (STU:BYW6) Headlines

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