GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (OTCPK:TSDOF) » Definitions » Cyclically Adjusted PB Ratio

TSDOF (Tessenderlo Group NV) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 01, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Tessenderlo Group NV Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Tessenderlo Group NV's current share price is $25.18. Tessenderlo Group NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was $35.78. Tessenderlo Group NV's Cyclically Adjusted PB Ratio for today is 0.70.

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

TSDOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.76   Max: 2.55
Current: 1.08

During the past 13 years, Tessenderlo Group NV's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.76. And the median was 1.76.

TSDOF's Cyclically Adjusted PB Ratio is ranked better than
65.59% of 186 companies
in the Agriculture industry
Industry Median: 1.635 vs TSDOF: 1.08

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.

Tessenderlo Group NV's adjusted book value per share data of for the fiscal year that ended in Dec24 was $32.824. 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 $35.78 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tessenderlo Group NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tessenderlo Group NV'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.

Tessenderlo Group NV Cyclically Adjusted PB Ratio Chart

Tessenderlo Group NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.03 1.66 1.25 0.76

Tessenderlo Group NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.66 - 1.25 - 0.76

Competitive Comparison of Tessenderlo Group NV's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Tessenderlo Group NV'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.


Tessenderlo Group NV's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tessenderlo Group NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Tessenderlo Group NV 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.

Tessenderlo Group NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.18/35.78
=0.70

* 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.

Tessenderlo Group NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Tessenderlo Group NV's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=32.824/132.3456*132.3456
=32.824

Current CPI (Dec24) = 132.3456.

Tessenderlo Group NV Annual Data

Book Value per Share CPI Adj_Book
201512 13.122 100.572 17.268
201612 14.810 102.614 19.101
201712 17.495 104.804 22.093
201812 19.380 107.252 23.914
201912 21.156 108.065 25.910
202012 25.456 108.511 31.048
202112 29.678 114.705 34.242
202212 34.435 126.578 36.004
202312 33.727 128.292 34.793
202412 32.824 132.346 32.824

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.


Tessenderlo Group NV  (OTCPK:TSDOF) 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.


Tessenderlo Group NV Cyclically Adjusted PB Ratio Related Terms

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


Tessenderlo Group NV Business Description

Traded in Other Exchanges
Address
Troonstraat 130 Rue du Trone, Brussels, BEL, 1050
Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across five segments: Agro, Industrial Solutions, Bio-Valorization, T-Power, and Machines & Technologies. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. Its geographical segments include Europe, North America, South America, Asia, and the Rest of the world.