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Agencja Rozwoju Innowacji (WAR:ARI) Cyclically Adjusted PB Ratio : 3.33 (As of Jun. 24, 2024)


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What is Agencja Rozwoju Innowacji Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Agencja Rozwoju Innowacji's current share price is zł0.30. Agencja Rozwoju Innowacji's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.09. Agencja Rozwoju Innowacji's Cyclically Adjusted PB Ratio for today is 3.33.

The historical rank and industry rank for Agencja Rozwoju Innowacji's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:ARI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.65   Max: 3.8
Current: 3.44

During the past years, Agencja Rozwoju Innowacji's highest Cyclically Adjusted PB Ratio was 3.80. The lowest was 1.57. And the median was 2.65.

WAR:ARI's Cyclically Adjusted PB Ratio is ranked worse than
74.28% of 692 companies
in the Business Services industry
Industry Median: 1.55 vs WAR:ARI: 3.44

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.

Agencja Rozwoju Innowacji's adjusted book value per share data for the three months ended in Mar. 2024 was zł-0.005. 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 zł0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agencja Rozwoju Innowacji Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Agencja Rozwoju Innowacji'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.

Agencja Rozwoju Innowacji Cyclically Adjusted PB Ratio Chart

Agencja Rozwoju Innowacji 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 - - 2.86 2.40 3.35

Agencja Rozwoju Innowacji Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.22 3.21 2.76 3.35 3.09

Competitive Comparison of Agencja Rozwoju Innowacji's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Agencja Rozwoju Innowacji'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.


Agencja Rozwoju Innowacji's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Agencja Rozwoju Innowacji's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Agencja Rozwoju Innowacji 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.

Agencja Rozwoju Innowacji's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.30/0.09
=3.33

* 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.

Agencja Rozwoju Innowacji's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Agencja Rozwoju Innowacji's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.005/149.0435*149.0435
=-0.005

Current CPI (Mar. 2024) = 149.0435.

Agencja Rozwoju Innowacji Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.207 101.180 0.305
201409 0.189 100.611 0.280
201412 0.128 100.122 0.191
201503 0.176 100.041 0.262
201506 0.135 100.448 0.200
201509 0.128 99.634 0.191
201512 0.121 99.471 0.181
201603 0.059 98.983 0.089
201606 0.045 99.552 0.067
201609 0.037 99.064 0.056
201612 0.021 100.366 0.031
201703 0.011 101.018 0.016
201706 0.036 101.180 0.053
201709 0.041 101.343 0.060
201712 0.040 102.564 0.058
201803 0.043 102.564 0.062
201806 0.060 103.378 0.087
201809 0.061 103.378 0.088
201812 0.520 103.785 0.747
201903 0.446 104.274 0.637
201906 0.159 105.983 0.224
201909 0.125 105.983 0.176
201912 -0.032 107.123 -0.045
202003 0.130 109.076 0.178
202006 -0.041 109.402 -0.056
202009 -0.045 109.320 -0.061
202012 -0.032 109.565 -0.044
202103 -0.029 112.658 -0.038
202106 -0.025 113.960 -0.033
202109 -0.033 115.588 -0.043
202112 -0.032 119.088 -0.040
202203 -0.029 125.031 -0.035
202206 -0.035 131.705 -0.040
202209 -0.038 135.531 -0.042
202212 -0.054 139.113 -0.058
202303 -0.044 145.950 -0.045
202306 -0.054 147.009 -0.055
202309 -0.051 146.113 -0.052
202312 -0.057 147.741 -0.058
202403 -0.005 149.044 -0.005

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.


Agencja Rozwoju Innowacji  (WAR:ARI) 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.


Agencja Rozwoju Innowacji Cyclically Adjusted PB Ratio Related Terms

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Agencja Rozwoju Innowacji (WAR:ARI) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ostrodzka 38, Wroclaw, POL, 54-116
Agencja Rozwoju Innowacji SA offers Financial, Consulting and Training services. Financial services include getting finance in the form of a loan or a subsidy. Consulting service offers Export development strategy, Thematic strategies, Market analysis. Whereas Training projects are addressed both to companies and local government units in the formula of open and closed training.