GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ATON-High Technology SA (WAR:ATO) » Definitions » Cyclically Adjusted PB Ratio

ATON-High Technology (WAR:ATO) Cyclically Adjusted PB Ratio : (As of May. 02, 2024)


View and export this data going back to 2010. Start your Free Trial

What is ATON-High Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ATON-High Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ATON-High Technology'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.

ATON-High Technology Cyclically Adjusted PB Ratio Chart

ATON-High Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ATON-High Technology Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
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 ATON-High Technology's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, ATON-High Technology'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.


ATON-High Technology's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, ATON-High Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ATON-High Technology's Cyclically Adjusted PB Ratio falls into.



ATON-High Technology 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.

ATON-High Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, ATON-High Technology's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.822/147.0085*147.0085
=-0.822

Current CPI (Jun. 2023) = 147.0085.

ATON-High Technology Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.827 100.855 1.205
201309 0.513 100.936 0.747
201312 0.339 101.018 0.493
201403 0.451 101.262 0.655
201406 0.428 101.180 0.622
201409 0.259 100.611 0.378
201412 0.126 100.122 0.185
201503 0.203 100.041 0.298
201506 0.083 100.448 0.121
201509 0.070 99.634 0.103
201512 -0.014 99.471 -0.021
201603 -0.042 98.983 -0.062
201606 -0.050 99.552 -0.074
201609 -0.054 99.064 -0.080
201612 -0.092 100.366 -0.135
201703 -0.079 101.018 -0.115
201706 -0.127 101.180 -0.185
201709 -0.121 101.343 -0.176
201712 -0.148 102.564 -0.212
201803 -0.144 102.564 -0.206
201806 -0.177 103.378 -0.252
201809 -0.188 103.378 -0.267
201812 -0.447 103.785 -0.633
201903 -0.208 104.274 -0.293
201906 -0.458 105.983 -0.635
201909 -0.463 105.983 -0.642
201912 -0.747 107.123 -1.025
202003 -0.473 109.076 -0.637
202006 -0.757 109.402 -1.017
202009 -0.763 109.320 -1.026
202012 -0.780 109.565 -1.047
202103 -0.479 112.658 -0.625
202106 -0.769 113.960 -0.992
202109 -0.794 115.588 -1.010
202112 -0.804 119.088 -0.992
202203 -0.811 125.031 -0.954
202206 -0.815 131.705 -0.910
202209 -0.820 135.531 -0.889
202303 -0.829 145.950 -0.835
202306 -0.822 147.009 -0.822

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.


ATON-High Technology  (WAR:ATO) 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.


ATON-High Technology Cyclically Adjusted PB Ratio Related Terms

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


ATON-High Technology (WAR:ATO) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Na Grobli 6, Wroclaw, POL
ATON-High Technology SA is engaged in the development of technologies for hazardous waste disposal and recovery of valuable materials. The company provides microwave thermal treatment solution for neutralization of asbestos waste.

ATON-High Technology (WAR:ATO) Headlines

From GuruFocus

Atmos Energy Corp's Dividend Analysis

By GuruFocus Research 11-23-2023

Atmos Energy Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Atmos Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Atmos Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Atmos Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Decoding Atmos Energy Corp (ATO): A Strategic SWOT Insight

By GuruFocus Research 11-15-2023

Q1 2020 Atmos Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2019 Atmos Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Atmos Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024