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Ukrainian Energy Machines JSC (UKEX:TATM) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Ukrainian Energy Machines JSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ukrainian Energy Machines JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ukrainian Energy Machines JSC'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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Ukrainian Energy Machines JSC Cyclically Adjusted PB Ratio Chart

Ukrainian Energy Machines JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Ukrainian Energy Machines JSC Quarterly Data
Dec17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Ukrainian Energy Machines JSC's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Ukrainian Energy Machines JSC'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.


Ukrainian Energy Machines JSC's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ukrainian Energy Machines JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ukrainian Energy Machines JSC's Cyclically Adjusted PB Ratio falls into.



Ukrainian Energy Machines JSC 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.

Ukrainian Energy Machines JSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Ukrainian Energy Machines JSC's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=14.12/125.2218*125.2218
=14.120

Current CPI (Dec. 2022) = 125.2218.

Ukrainian Energy Machines JSC Quarterly Data

Book Value per Share CPI Adj_Book
201212 3.901 96.871 5.043
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 5.116 98.326 6.515
201403 6.035 99.695 7.580
201406 6.196 100.560 7.716
201409 6.546 100.428 8.162
201412 6.114 99.070 7.728
201503 7.725 99.621 9.710
201506 7.034 100.684 8.748
201509 8.109 100.392 10.115
201512 8.933 99.792 11.209
201603 9.583 100.470 11.944
201606 7.772 101.688 9.571
201609 8.143 101.861 10.011
201612 7.997 101.863 9.831
201703 8.271 102.862 10.069
201706 8.499 103.349 10.298
201709 8.778 104.136 10.555
201712 12.714 104.011 15.307
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201812 13.223 105.998 15.621
201903 13.608 107.251 15.888
201906 13.874 108.070 16.076
201909 0.000 108.329 0.000
201912 12.689 108.420 14.655
202003 13.141 108.902 15.110
202006 13.144 108.767 15.132
202009 13.180 109.815 15.029
202012 13.064 109.897 14.886
202103 13.066 111.754 14.641
202106 12.989 114.631 14.189
202109 12.968 115.734 14.031
202112 14.121 117.630 15.032
202203 15.054 121.301 15.541
202206 11.461 125.017 11.480
202209 11.367 125.227 11.367
202212 14.120 125.222 14.120

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.


Ukrainian Energy Machines JSC  (UKEX:TATM) 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.


Ukrainian Energy Machines JSC Cyclically Adjusted PB Ratio Related Terms

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Ukrainian Energy Machines JSC (UKEX:TATM) Business Description

Traded in Other Exchanges
N/A
Address
199, Moskovsky Avenue, Kharkov, UKR, 61037
Ukrainian Energy Machines JSC produces steam turbines for Thermal Power Plants; Nuclear Power Plants and Heat and Power Plants; Hydro turbines for Hydro Power Plants and Hydroelectric Pumped Storage Power Plant; and Other power equipment. The firm also offers services in the areas of mechanical assembly production, welding production, metallurgical production, and laboratory base.

Ukrainian Energy Machines JSC (UKEX:TATM) Headlines

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