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ELQ Spolka Akcyjna (WAR:ELQ) Cyclically Adjusted PB Ratio : 4.00 (As of May. 22, 2024)


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What is ELQ Spolka Akcyjna Cyclically Adjusted PB Ratio?

As of today (2024-05-22), ELQ Spolka Akcyjna's current share price is zł3.20. ELQ Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.80. ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 4.00.

The historical rank and industry rank for ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:ELQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.47   Max: 5.2
Current: 3.9

During the past years, ELQ Spolka Akcyjna's highest Cyclically Adjusted PB Ratio was 5.20. The lowest was 1.06. And the median was 1.47.

WAR:ELQ's Cyclically Adjusted PB Ratio is ranked worse than
77.03% of 2072 companies
in the Industrial Products industry
Industry Median: 1.84 vs WAR:ELQ: 3.90

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.

ELQ Spolka Akcyjna's adjusted book value per share data for the three months ended in Mar. 2024 was zł0.276. 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 zł0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ELQ Spolka Akcyjna Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ELQ Spolka Akcyjna'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.

ELQ Spolka Akcyjna Cyclically Adjusted PB Ratio Chart

ELQ Spolka Akcyjna 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 - - - 1.22 1.39

ELQ Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.39 1.38 1.24 1.58 4.50

Competitive Comparison of ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, ELQ Spolka Akcyjna'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.


ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ELQ Spolka Akcyjna 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.

ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.20/0.8
=4.00

* 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.

ELQ Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ELQ Spolka Akcyjna'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)
=0.276/149.0435*149.0435
=0.276

Current CPI (Mar. 2024) = 149.0435.

ELQ Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.449 101.262 2.133
201406 1.349 101.180 1.987
201409 1.289 100.611 1.910
201412 2.249 100.122 3.348
201503 2.273 100.041 3.386
201506 2.185 100.448 3.242
201509 1.287 99.634 1.925
201512 2.003 99.471 3.001
201603 1.997 98.983 3.007
201606 1.994 99.552 2.985
201609 1.979 99.064 2.977
201612 0.251 100.366 0.373
201703 0.250 101.018 0.369
201706 0.034 101.180 0.050
201709 0.032 101.343 0.047
201712 0.032 102.564 0.047
201803 0.027 102.564 0.039
201806 0.023 103.378 0.033
201809 0.022 103.378 0.032
201812 0.026 103.785 0.037
201903 0.034 104.274 0.049
201906 0.037 105.983 0.052
201909 0.055 105.983 0.077
201912 0.050 107.123 0.070
202003 0.045 109.076 0.061
202006 0.050 109.402 0.068
202009 0.048 109.320 0.065
202012 0.062 109.565 0.084
202103 0.099 112.658 0.131
202106 -0.055 113.960 -0.072
202109 -0.049 115.588 -0.063
202112 0.020 119.088 0.025
202203 -0.046 125.031 -0.055
202206 0.001 131.705 0.001
202209 -0.154 135.531 -0.169
202212 0.037 139.113 0.040
202303 0.029 145.950 0.030
202306 0.090 147.009 0.091
202309 0.121 146.113 0.123
202403 0.276 149.044 0.276

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.


ELQ Spolka Akcyjna  (WAR:ELQ) 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.


ELQ Spolka Akcyjna Cyclically Adjusted PB Ratio Related Terms

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


ELQ Spolka Akcyjna (WAR:ELQ) Business Description

Traded in Other Exchanges
Address
ulica Jagiellonska 81/83, Czestochowa, POL, 42-200
ELQ Spolka Akcyjna manufactures prefabricated transformer stations MV / LV Cabinet of concrete and metal. The company supplies, installs and commissions power devices in the area of the secondary distribution of electricity. Its products include SN switchboard Ma20, ELQUSIM station 20/630 Mkb, SOLAR station IG 20/1000, station SOLAR IP 20/630 and station 20/250.

ELQ Spolka Akcyjna (WAR:ELQ) Headlines

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