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Caspar Asset Management (WAR:CSR) Cyclically Adjusted PB Ratio : 3.93 (As of Jun. 20, 2024)


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What is Caspar Asset Management Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Caspar Asset Management's current share price is zł8.25. Caspar Asset Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł2.10. Caspar Asset Management's Cyclically Adjusted PB Ratio for today is 3.93.

The historical rank and industry rank for Caspar Asset Management's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:CSR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.93   Med: 7.91   Max: 15.1
Current: 4.01

During the past years, Caspar Asset Management's highest Cyclically Adjusted PB Ratio was 15.10. The lowest was 3.93. And the median was 7.91.

WAR:CSR's Cyclically Adjusted PB Ratio is ranked worse than
93.1% of 956 companies
in the Asset Management industry
Industry Median: 0.785 vs WAR:CSR: 4.01

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.

Caspar Asset Management's adjusted book value per share data for the three months ended in Mar. 2024 was zł2.026. 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 zł2.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caspar Asset Management Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Caspar Asset Management'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.

Caspar Asset Management Cyclically Adjusted PB Ratio Chart

Caspar Asset Management 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 - - 14.26 7.62 4.16

Caspar Asset Management 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 6.73 5.42 5.37 4.16 4.30

Competitive Comparison of Caspar Asset Management's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Caspar Asset Management'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.


Caspar Asset Management's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Caspar Asset Management's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Caspar Asset Management 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.

Caspar Asset Management's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.25/2.1
=3.93

* 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.

Caspar Asset Management's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Caspar Asset Management'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)
=2.026/149.0435*149.0435
=2.026

Current CPI (Mar. 2024) = 149.0435.

Caspar Asset Management Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.016 101.180 1.497
201409 1.062 100.611 1.573
201412 1.089 100.122 1.621
201503 1.113 100.041 1.658
201506 1.005 100.448 1.491
201509 1.023 99.634 1.530
201512 1.047 99.471 1.569
201603 1.072 98.983 1.614
201606 1.019 99.552 1.526
201609 1.054 99.064 1.586
201612 1.115 100.366 1.656
201703 1.166 101.018 1.720
201706 1.073 101.180 1.581
201709 1.106 101.343 1.627
201712 1.248 102.564 1.814
201803 1.280 102.564 1.860
201806 1.078 103.378 1.554
201809 1.125 103.378 1.622
201812 1.169 103.785 1.679
201903 1.199 104.274 1.714
201906 1.156 105.983 1.626
201909 1.212 105.983 1.704
201912 1.438 107.123 2.001
202003 1.515 109.076 2.070
202006 1.539 109.402 2.097
202009 1.698 109.320 2.315
202012 3.436 109.565 4.674
202103 3.746 112.658 4.956
202106 2.202 113.960 2.880
202109 2.468 115.588 3.182
202112 2.545 119.088 3.185
202203 2.693 125.031 3.210
202206 2.043 131.705 2.312
202209 2.183 135.531 2.401
202212 2.234 139.113 2.393
202303 2.369 145.950 2.419
202306 1.867 147.009 1.893
202309 1.960 146.113 1.999
202312 1.963 147.741 1.980
202403 2.026 149.044 2.026

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.


Caspar Asset Management  (WAR:CSR) 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.


Caspar Asset Management Cyclically Adjusted PB Ratio Related Terms

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


Caspar Asset Management (WAR:CSR) Business Description

Traded in Other Exchanges
Address
ulica Po?wiejska 32, Poznan, POL, 61-888
Caspar Asset Management SA is an asset management company. The company offers asset management services such as investment advice, asset administration to individuals and institutional investors in Poland.