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DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) Cyclically Adjusted PB Ratio : 0.46 (As of May. 23, 2024)


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What is DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio?

As of today (2024-05-23), DANKS -Europejskie Centrum Doradztwa Podatkowego's current share price is zł0.71. DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł1.55. DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio for today is 0.46.

The historical rank and industry rank for DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:DNS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.49   Max: 0.69
Current: 0.45

During the past years, DANKS -Europejskie Centrum Doradztwa Podatkowego's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.38. And the median was 0.49.

WAR:DNS's Cyclically Adjusted PB Ratio is ranked better than
86.56% of 662 companies
in the Business Services industry
Industry Median: 1.58 vs WAR:DNS: 0.45

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.

DANKS -Europejskie Centrum Doradztwa Podatkowego's adjusted book value per share data for the three months ended in Sep. 2023 was zł1.302. 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 zł1.55 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DANKS -Europejskie Centrum Doradztwa Podatkowego'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.

DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio Chart

DANKS -Europejskie Centrum Doradztwa Podatkowego Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.58 0.46

DANKS -Europejskie Centrum Doradztwa Podatkowego Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.42 0.46 0.46 0.49 0.46

Competitive Comparison of DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, DANKS -Europejskie Centrum Doradztwa Podatkowego'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.


DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio falls into.



DANKS -Europejskie Centrum Doradztwa Podatkowego 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.

DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.71/1.55
=0.46

* 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.

DANKS -Europejskie Centrum Doradztwa Podatkowego's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, DANKS -Europejskie Centrum Doradztwa Podatkowego's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.302/146.1131*146.1131
=1.302

Current CPI (Sep. 2023) = 146.1131.

DANKS -Europejskie Centrum Doradztwa Podatkowego Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.761 101.018 1.101
201403 0.802 101.262 1.157
201406 0.867 101.180 1.252
201409 0.745 100.611 1.082
201412 1.332 100.122 1.944
201503 1.048 100.041 1.531
201506 1.111 100.448 1.616
201509 1.060 99.634 1.554
201512 1.109 99.471 1.629
201603 1.037 98.983 1.531
201606 1.092 99.552 1.603
201609 1.173 99.064 1.730
201612 1.176 100.366 1.712
201703 1.072 101.018 1.551
201706 1.107 101.180 1.599
201709 1.152 101.343 1.661
201712 1.164 102.564 1.658
201803 1.193 102.564 1.700
201806 1.171 103.378 1.655
201809 1.175 103.378 1.661
201812 1.241 103.785 1.747
201903 1.175 104.274 1.646
201906 1.212 105.983 1.671
201909 1.216 105.983 1.676
201912 1.232 107.123 1.680
202003 1.235 109.076 1.654
202006 1.241 109.402 1.657
202009 1.252 109.320 1.673
202012 1.255 109.565 1.674
202103 1.271 112.658 1.648
202106 1.268 113.960 1.626
202109 1.285 115.588 1.624
202112 1.261 119.088 1.547
202203 1.285 125.031 1.502
202206 1.268 131.705 1.407
202209 1.272 135.531 1.371
202212 1.281 139.113 1.345
202303 1.294 145.950 1.295
202306 1.356 147.009 1.348
202309 1.302 146.113 1.302

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.


DANKS -Europejskie Centrum Doradztwa Podatkowego  (WAR:DNS) 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.


DANKS -Europejskie Centrum Doradztwa Podatkowego Cyclically Adjusted PB Ratio Related Terms

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DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Rafaela 14, Warsaw, POL, 03-604
DANKS -Europejskie Centrum Doradztwa Podatkowego SA is engaged in providing services related to accounting and financial advisory services, particularly in the conduct of accounting and tax advice to businesses. The company services include consultancy in the field of accounting, company value valuation and financial modelling.

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