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LC (WAR:APL) Cyclically Adjusted PB Ratio : (As of May. 19, 2024)


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What is LC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LC'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.

LC Cyclically Adjusted PB Ratio Chart

LC 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 0.24 2.26 - - -

LC 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 - - - - -

Competitive Comparison of LC's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, LC'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.


LC's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LC 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.

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

For example, LC'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)
=2.192/147.7411*147.7411
=2.192

Current CPI (Dec. 2023) = 147.7411.

LC Quarterly Data

Book Value per Share CPI Adj_Book
201309 2.151 100.936 3.148
201312 2.072 101.018 3.030
201403 2.234 101.262 3.259
201406 0.699 101.180 1.021
201412 -1.015 100.122 -1.498
201506 0.000 100.448 0.000
201509 0.000 99.634 0.000
201512 -1.184 99.471 -1.759
201603 0.000 98.983 0.000
201606 -1.352 99.552 -2.006
201609 -1.270 99.064 -1.894
201612 -1.324 100.366 -1.949
201703 -1.324 101.018 -1.936
201706 -1.427 101.180 -2.084
201709 -1.440 101.343 -2.099
201712 -1.495 102.564 -2.154
201803 -1.441 102.564 -2.076
201806 -1.560 103.378 -2.229
201809 -1.532 103.378 -2.189
201812 -1.664 103.785 -2.369
201903 -1.629 104.274 -2.308
201906 -1.725 105.983 -2.405
201909 -1.671 105.983 -2.329
201912 -1.787 107.123 -2.465
202003 -1.723 109.076 -2.334
202006 -1.901 109.402 -2.567
202009 -1.870 109.320 -2.527
202012 -1.963 109.565 -2.647
202103 -1.931 112.658 -2.532
202106 -2.016 113.960 -2.614
202109 -1.854 115.588 -2.370
202112 -1.953 119.088 -2.423
202203 -1.872 125.031 -2.212
202206 1.982 131.705 2.223
202209 2.106 135.531 2.296
202212 2.084 139.113 2.213
202303 2.129 145.950 2.155
202306 2.162 147.009 2.173
202309 2.196 146.113 2.220
202312 2.192 147.741 2.192

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.


LC  (WAR:APL) 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.


LC Cyclically Adjusted PB Ratio Related Terms

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LC (WAR:APL) Business Description

Industry
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Address
Przemyslowa 27, Tarnow, POL, 33-100
Ampli SA is engaged in wholesale and retail of electrical materials. The company products inlcude cables and wires, electric light fittings, electro-technical equipment, and cable ducts fittings. It also provides electrical installation, supervision, and contracting services. Its main focus is on the import of inductive lighting and light sources.

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