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Massy Holdings (TRN:MASSY) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Massy Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Massy Holdings does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Massy Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Massy Holdings'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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Massy Holdings Cyclically Adjusted PB Ratio Chart

Massy Holdings Annual Data
Trend
Cyclically Adjusted PB Ratio

Massy Holdings Semi-Annual Data
Cyclically Adjusted PB Ratio

Competitive Comparison of Massy Holdings's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Massy Holdings'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.


Massy Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Massy Holdings 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.

Massy Holdings does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Massy Holdings  (TRN:MASSY) 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.


Massy Holdings Cyclically Adjusted PB Ratio Related Terms

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Massy Holdings Business Description

Comparable Companies
Traded in Other Exchanges
Address
63 Park Street, Port of Spain, TTO
Massy Holdings Ltd is engaged in diversified businesses. The company provides products and services, including retail, insurance, automotive, information technology, energy, and industrial equipment.

Massy Holdings Headlines

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