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Arts Alliance GK (WAR:AAS) Cyclically Adjusted PB Ratio : 2.97 (As of May. 15, 2024)


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What is Arts Alliance GK Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Arts Alliance GK's current share price is zł16.30. Arts Alliance GK's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł5.49. Arts Alliance GK's Cyclically Adjusted PB Ratio for today is 2.97.

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

WAR:AAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.79   Med: 3.17   Max: 3.9
Current: 2.97

During the past years, Arts Alliance GK's highest Cyclically Adjusted PB Ratio was 3.90. The lowest was 2.79. And the median was 3.17.

WAR:AAS's Cyclically Adjusted PB Ratio is not ranked
in the Interactive Media industry.
Industry Median: 1.64 vs WAR:AAS: 2.97

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.

Arts Alliance GK's adjusted book value per share data for the three months ended in Dec. 2023 was zł1.200. 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 zł5.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arts Alliance GK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arts Alliance GK'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.

Arts Alliance GK Cyclically Adjusted PB Ratio Chart

Arts Alliance GK 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 - - - - 3.08

Arts Alliance GK 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 - 3.11 3.36 3.52 3.08

Competitive Comparison of Arts Alliance GK's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Arts Alliance GK'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.


Arts Alliance GK's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Arts Alliance GK's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arts Alliance GK's Cyclically Adjusted PB Ratio falls into.



Arts Alliance GK 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.

Arts Alliance GK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.30/5.49
=2.97

* 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.

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

For example, Arts Alliance GK'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)
=1.2/147.5783*147.5783
=1.200

Current CPI (Dec. 2023) = 147.5783.

Arts Alliance GK Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 101.262 0.000
201406 0.695 101.180 1.014
201409 1.180 100.611 1.731
201412 1.697 100.122 2.501
201503 3.132 100.041 4.620
201506 3.701 100.448 5.438
201509 2.401 99.634 3.556
201512 9.901 99.471 14.689
201603 13.220 98.983 19.710
201606 20.669 99.552 30.640
201609 14.933 99.064 22.246
201612 4.027 100.366 5.921
201703 15.165 101.018 22.155
201706 3.973 101.180 5.795
201709 4.734 101.343 6.894
201712 1.021 102.564 1.469
201803 3.721 102.564 5.354
201806 4.493 103.378 6.414
201809 3.983 103.378 5.686
201812 2.209 103.785 3.141
201903 0.607 104.274 0.859
201906 0.310 105.983 0.432
201909 0.115 105.983 0.160
201912 0.432 107.123 0.595
202003 0.217 109.076 0.294
202006 0.098 109.402 0.132
202009 2.078 109.320 2.805
202012 2.733 109.565 3.681
202103 0.000 112.658 0.000
202106 4.223 113.960 5.469
202109 4.166 115.588 5.319
202112 2.794 119.088 3.462
202203 2.718 125.031 3.208
202206 2.004 131.705 2.246
202209 1.747 135.531 1.902
202212 2.065 139.113 2.191
202303 2.054 145.950 2.077
202306 1.917 147.009 1.924
202309 1.582 146.113 1.598
202312 1.200 147.578 1.200

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.


Arts Alliance GK  (WAR:AAS) 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.


Arts Alliance GK Cyclically Adjusted PB Ratio Related Terms

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


Arts Alliance GK (WAR:AAS) Business Description

Traded in Other Exchanges
N/A
Address
Izbicka Street 28a, Warsaw, POL, 04-838
Arts Alliance GK SA is a Poland based company that is engaged in producing games as well as developing technology B2B projects. Along with its subsidiaries, it is engaged in developing B2B platform in Business Travel area to support its clients in booking hotels by algorithms solutions. In the game producing segment, it invests in potential small games developers as well as produce the most valuable games for all types of platforms like iOS, Android, Windows Mobile or Steam platforms.

Arts Alliance GK (WAR:AAS) Headlines

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